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CapitaLand India Trust (SGX:CY6U) Cyclically Adjusted Price-to-FCF : 7.57 (As of May. 27, 2024)


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What is CapitaLand India Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), CapitaLand India Trust's current share price is S$1.06. CapitaLand India Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was S$0.14. CapitaLand India Trust's Cyclically Adjusted Price-to-FCF for today is 7.57.

The historical rank and industry rank for CapitaLand India Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SGX:CY6U' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.04   Med: 12.72   Max: 17.67
Current: 7.48

During the past 13 years, CapitaLand India Trust's highest Cyclically Adjusted Price-to-FCF was 17.67. The lowest was 7.04. And the median was 12.72.

SGX:CY6U's Cyclically Adjusted Price-to-FCF is ranked better than
66.86% of 694 companies
in the Real Estate industry
Industry Median: 12.575 vs SGX:CY6U: 7.48

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.

CapitaLand India Trust's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was S$0.182. 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 S$0.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand India Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust Cyclically Adjusted Price-to-FCF Chart

CapitaLand India Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.30 12.70 11.91 8.72 8.13

CapitaLand India Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.91 - 8.72 - 8.13

Competitive Comparison of CapitaLand India Trust's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CapitaLand India Trust's Cyclically Adjusted Price-to-FCF falls into.



CapitaLand India Trust 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.

CapitaLand India Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.06/0.14
=7.57

* 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.

CapitaLand India Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CapitaLand India Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.182/129.4194*129.4194
=0.182

Current CPI (Dec23) = 129.4194.

CapitaLand India Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.084 99.695 0.109
201503 0.086 99.621 0.112
201603 0.104 100.470 0.134
201703 0.101 102.862 0.127
201803 0.128 105.290 0.157
201903 0.142 107.251 0.171
202012 0.122 109.897 0.144
202112 0.126 117.630 0.139
202212 0.124 125.222 0.128
202312 0.182 129.419 0.182

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.


CapitaLand India Trust  (SGX:CY6U) 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.


CapitaLand India Trust Cyclically Adjusted Price-to-FCF Related Terms

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


CapitaLand India Trust (SGX:CY6U) Business Description

Industry
Traded in Other Exchanges
Address
No. 30-01, 168 Robinson Road, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that obtains portfolio returns for unitholders by investing in information technology, or IT, parks, and office properties in major Indian cities. Group revenue is derived primarily from corporate tenants. The company focuses on the purchase and development of properties to be used primarily for business space. A-iTrust may also purchase, hold and develop land or uncompleted developments to be used for business space to hold the properties upon completion. A-iTrust is positioned to capitalize on the IT and business process management industries in India.

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