GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » STORE Capital Corp (NYSE:STOR) » Definitions » Cyclically Adjusted Price-to-FCF

STORE Capital (STORE Capital) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is STORE Capital Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


STORE Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for STORE Capital'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.

STORE Capital Cyclically Adjusted Price-to-FCF Chart

STORE Capital Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

STORE Capital Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of STORE Capital's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, STORE Capital'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.


STORE Capital's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



STORE Capital 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.

STORE Capital's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec21 is calculated as:

For example, STORE Capital's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=2.16/117.6295*117.6295
=2.160

Current CPI (Dec21) = 117.6295.

STORE Capital Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.202 96.871 0.245
201312 0.495 98.326 0.592
201412 1.308 99.070 1.553
201512 1.530 99.792 1.803
201612 1.652 101.863 1.908
201712 1.732 104.011 1.959
201812 1.911 105.998 2.121
201912 1.990 108.420 2.159
202012 1.708 109.897 1.828
202112 2.160 117.630 2.160

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.


STORE Capital  (NYSE:STOR) 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.


STORE Capital Cyclically Adjusted Price-to-FCF Related Terms

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


STORE Capital (STORE Capital) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8377 East Hartford Drive, Suite 100, Scottsdale, AZ, USA, 85255
STORE Capital Corp is a real estate investment trust involved in the acquisition and management of single tenant operation real estate, or STORE, properties across the U.S. STORE Capital primarily leases facilities at which a company operates its business and generates sales to middle-market and large businesses through long-term agreements. Most of STORE's revenue comes from its service sector customers, which include, notably, restaurants, movie theaters, health clubs, early childhood education centers, and furniture stores. A sizable percentage of STORE's total real estate portfolio is comprised of the restaurant and industrial locations. Specifically, properties in Texas, Illinois, and Georgia make up a large amount of STORE's investments as well.
Executives
Ashley A. Dembowski officer: SVP - Chief Accounting Officer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Alexander Mcelyea officer: EVP Data Analytics 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
David Michael Edwards director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Lori Markson officer: EVP - Portfolio Operations 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Sherry L Rexroad officer: CFO, EVP and Treasurer 2 BAYBERRY CIRCLE, AMBLER PA 19002
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Tyler Maertz officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Craig Barnett officer: EVP-Underwriting Portfolio Mgt 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Catherine F. Long officer: CFO, EVP and Treasurer 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Tawn Kelley director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Christopher H Volk director, officer: President and CEO 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
William Franklin Hipp director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Chad Allen Freed officer: EVP GC CCO & Sec. 8377 E. HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Mary Fedewa officer: EVP - Acquisitions 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255

STORE Capital (STORE Capital) Headlines

From GuruFocus

STORE Capital Declares First Quarter 2022 Dividend

By Business Wire Business Wire 03-15-2022

STORE Capital Sponsors Team of LPGA Tour Professionals

By Business Wire Business Wire 05-31-2022

GRAYBILL BARTZ & ASSOC LTD Buys 1, Sells 4 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-23-2023

Top 5 3rd Quarter Trades of GRAYBILL BARTZ & ASSOC LTD

By GuruFocus Research GuruFocus Editor 10-28-2022

GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital

By Business Wire Business Wire 02-03-2023

STORE Capital to Participate in Upcoming Investor Conferences

By Business Wire Business Wire 03-03-2022

STORE Capital Named to Bloomberg Gender-Equality Index

By Business Wire Business Wire 02-02-2022

STORE Capital to Attend Nareit's REITweek 2022

By Business Wire Business Wire 06-02-2022

STORE Capital Announces Expiration of "Go-Shop" Period

By Business Wire Business Wire 10-17-2022