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SITE Centers (SITE Centers) Cyclically Adjusted Price-to-FCF : 6.93 (As of May. 14, 2024)


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What is SITE Centers Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), SITE Centers's current share price is $13.99. SITE Centers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.02. SITE Centers's Cyclically Adjusted Price-to-FCF for today is 6.93.

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

SITC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.19   Med: 7.02   Max: 18
Current: 6.87

During the past years, SITE Centers's highest Cyclically Adjusted Price-to-FCF was 18.00. The lowest was 2.19. And the median was 7.02.

SITC's Cyclically Adjusted Price-to-FCF is ranked better than
73.45% of 388 companies
in the REITs industry
Industry Median: 11.59 vs SITC: 6.87

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.

SITE Centers's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.191. 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 $2.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SITE Centers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SITE Centers'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.

SITE Centers Cyclically Adjusted Price-to-FCF Chart

SITE Centers 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 7.24 5.19 7.28 6.30 6.59

SITE Centers 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 5.63 6.12 5.81 6.59 7.25

Competitive Comparison of SITE Centers's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, SITE Centers'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.


SITE Centers's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where SITE Centers's Cyclically Adjusted Price-to-FCF falls into.



SITE Centers 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.

SITE Centers's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.99/2.02
=6.93

* 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.

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

For example, SITE Centers'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)
=0.191/129.4194*129.4194
=0.191

Current CPI (Mar. 2024) = 129.4194.

SITE Centers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.609 100.560 0.784
201409 0.638 100.428 0.822
201412 0.584 99.070 0.763
201503 0.349 99.621 0.453
201506 0.803 100.684 1.032
201509 0.506 100.392 0.652
201512 0.731 99.792 0.948
201603 0.448 100.470 0.577
201606 0.816 101.688 1.039
201609 0.657 101.861 0.835
201612 0.599 101.863 0.761
201703 0.502 102.862 0.632
201706 0.642 103.349 0.804
201709 0.503 104.136 0.625
201712 0.587 104.011 0.730
201803 0.313 105.290 0.385
201806 0.563 106.317 0.685
201809 0.193 106.507 0.235
201812 0.358 105.998 0.437
201903 0.233 107.251 0.281
201906 0.430 108.070 0.515
201909 0.381 108.329 0.455
201912 0.424 108.420 0.506
202003 0.185 108.902 0.220
202006 0.186 108.767 0.221
202009 0.280 109.815 0.330
202012 0.329 109.897 0.387
202103 0.281 111.754 0.325
202106 0.418 114.631 0.472
202109 0.342 115.734 0.382
202112 0.307 117.630 0.338
202203 0.235 121.301 0.251
202206 0.382 125.017 0.395
202209 0.342 125.227 0.353
202212 0.242 125.222 0.250
202303 0.200 127.348 0.203
202306 0.404 128.729 0.406
202309 0.312 129.860 0.311
202312 0.222 129.419 0.222
202403 0.191 129.419 0.191

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.


SITE Centers  (NYSE:SITC) 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.


SITE Centers Cyclically Adjusted Price-to-FCF Related Terms

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


SITE Centers (SITE Centers) Business Description

Industry
Traded in Other Exchanges
Address
3300 Enterprise Parkway, Beachwood, OH, USA, 44122
SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.
Executives
John M Cattonar officer: EVP & Chief Investment Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes director, officer: President & CEO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy officer: Sr. V.P. & Chief Acct. Officer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor officer: EVP, CFO & Treasurer 3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen officer: EVP & COO 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern director 1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne director C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham director 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston director 3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower officer: EVP, CFO & Treasurer 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236