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Global Net Lease (LTS:0IW3) Cyclically Adjusted Price-to-FCF : 3.93 (As of Jun. 10, 2024)


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What is Global Net Lease Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Global Net Lease's current share price is $7.38. Global Net Lease's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.88. Global Net Lease's Cyclically Adjusted Price-to-FCF for today is 3.93.

The historical rank and industry rank for Global Net Lease's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0IW3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.57   Med: 5.37   Max: 8.2
Current: 3.92

During the past years, Global Net Lease's highest Cyclically Adjusted Price-to-FCF was 8.20. The lowest was 3.57. And the median was 5.37.

LTS:0IW3's Cyclically Adjusted Price-to-FCF is ranked better than
89.72% of 389 companies
in the REITs industry
Industry Median: 11.36 vs LTS:0IW3: 3.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Global Net Lease's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.366. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Net Lease Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Global Net Lease's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Net Lease Cyclically Adjusted Price-to-FCF Chart

Global Net Lease Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.88 5.60

Global Net Lease Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.89 5.54 5.31 5.60 4.11

Competitive Comparison of Global Net Lease's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Global Net Lease's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Net Lease's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Global Net Lease's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Global Net Lease's Cyclically Adjusted Price-to-FCF falls into.



Global Net Lease Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Global Net Lease's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.38/1.88
=3.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Global Net Lease's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Global Net Lease's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.366/131.7762*131.7762
=0.366

Current CPI (Mar. 2024) = 131.7762.

Global Net Lease Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.272 100.560 0.356
201409 -0.114 100.428 -0.150
201412 -0.001 99.070 -0.001
201503 0.580 99.621 0.767
201506 0.158 100.684 0.207
201509 0.249 100.392 0.327
201512 0.631 99.792 0.833
201603 0.498 100.470 0.653
201606 0.563 101.688 0.730
201609 0.534 101.861 0.691
201612 0.420 101.863 0.543
201703 0.488 102.862 0.625
201706 0.541 103.349 0.690
201709 0.489 104.136 0.619
201712 0.394 104.011 0.499
201803 0.603 105.290 0.755
201806 0.444 106.317 0.550
201809 0.437 106.507 0.541
201812 0.576 105.998 0.716
201903 0.163 107.251 0.200
201906 0.536 108.070 0.654
201909 0.291 108.329 0.354
201912 0.484 108.420 0.588
202003 0.453 108.902 0.548
202006 0.522 108.767 0.632
202009 0.505 109.815 0.606
202012 0.421 109.897 0.505
202103 0.546 111.754 0.644
202106 0.035 114.631 0.040
202109 0.973 115.734 1.108
202112 0.313 117.630 0.351
202203 0.580 121.301 0.630
202206 0.396 125.017 0.417
202209 0.379 125.227 0.399
202212 0.110 125.222 0.116
202303 0.535 127.348 0.554
202306 0.169 128.729 0.173
202309 -0.113 129.860 -0.115
202312 0.165 129.419 0.168
202403 0.366 131.776 0.366

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Global Net Lease  (LTS:0IW3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Global Net Lease Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Global Net Lease's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Net Lease (LTS:0IW3) Business Description

Industry
Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.

Global Net Lease (LTS:0IW3) Headlines

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