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Japan Logistics Fund (TSE:8967) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Japan Logistics Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Logistics Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Japan Logistics Fund'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.

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Japan Logistics Fund Cyclically Adjusted Price-to-FCF Chart

Japan Logistics Fund Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
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Japan Logistics Fund Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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Competitive Comparison of Japan Logistics Fund's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Japan Logistics Fund's Cyclically Adjusted Price-to-FCF falls into.



Japan Logistics Fund 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.

Japan Logistics Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Japan Logistics Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=12737.388/105.7000*105.7000
=12,737.388

Current CPI (Jul23) = 105.7000.

Japan Logistics Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -37,089.425 98.100 -39,962.816
201507 9,959.690 98.300 10,709.453
201607 1,064.641 97.900 1,149.464
201707 -18,206.977 98.300 -19,577.594
201807 -21,903.543 99.200 -23,338.755
201907 11,055.579 99.800 11,709.165
202007 21,143.048 100.000 22,348.202
202107 5,443.851 99.700 5,771.465
202207 -4,153.887 102.300 -4,291.944
202307 12,737.388 105.700 12,737.388

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.


Japan Logistics Fund  (TSE:8967) 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.


Japan Logistics Fund Cyclically Adjusted Price-to-FCF Related Terms

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Japan Logistics Fund (TSE:8967) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

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