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Societe Fonciere Lyonnaise (XPAR:FLY) Cyclically Adjusted Price-to-FCF : 25.70 (As of May. 24, 2024)


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What is Societe Fonciere Lyonnaise Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Societe Fonciere Lyonnaise's current share price is €67.60. Societe Fonciere Lyonnaise's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €2.63. Societe Fonciere Lyonnaise's Cyclically Adjusted Price-to-FCF for today is 25.70.

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

XPAR:FLY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.27   Med: 47.74   Max: 265.33
Current: 25.95

During the past 13 years, Societe Fonciere Lyonnaise's highest Cyclically Adjusted Price-to-FCF was 265.33. The lowest was 25.27. And the median was 47.74.

XPAR:FLY's Cyclically Adjusted Price-to-FCF is ranked worse than
79.9% of 388 companies
in the REITs industry
Industry Median: 11.58 vs XPAR:FLY: 25.95

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.

Societe Fonciere Lyonnaise's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €2.573. 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 €2.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Societe Fonciere Lyonnaise Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Societe Fonciere Lyonnaise'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.

Societe Fonciere Lyonnaise Cyclically Adjusted Price-to-FCF Chart

Societe Fonciere Lyonnaise 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 44.20 34.02 38.58 35.18 25.49

Societe Fonciere Lyonnaise Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 38.58 - 35.18 - 25.49

Competitive Comparison of Societe Fonciere Lyonnaise's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Societe Fonciere Lyonnaise'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.


Societe Fonciere Lyonnaise's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Societe Fonciere Lyonnaise's Cyclically Adjusted Price-to-FCF falls into.



Societe Fonciere Lyonnaise 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.

Societe Fonciere Lyonnaise's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.60/2.63
=25.70

* 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.

Societe Fonciere Lyonnaise's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Societe Fonciere Lyonnaise'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)
=2.573/118.3900*118.3900
=2.573

Current CPI (Dec23) = 118.3900.

Societe Fonciere Lyonnaise Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.265 99.860 1.500
201512 1.412 100.040 1.671
201612 1.786 100.650 2.101
201712 2.660 101.850 3.092
201812 2.647 103.470 3.029
201912 3.051 104.980 3.441
202012 2.257 104.960 2.546
202112 2.431 107.850 2.669
202212 3.530 114.160 3.661
202312 2.573 118.390 2.573

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.


Societe Fonciere Lyonnaise  (XPAR:FLY) 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.


Societe Fonciere Lyonnaise Cyclically Adjusted Price-to-FCF Related Terms

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Societe Fonciere Lyonnaise (XPAR:FLY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
42, rue Washington, Paris, FRA, 75008
Societe Fonciere Lyonnaise SA, or SFL, is a French real estate company primarily involved in the acquisition, development, renovation, and leasing of large office buildings in the major business districts of central and western Paris. The company's real estate portfolio is mostly composed of modern office buildings. Retail properties also make up a sizable amount of SFL's holdings. The vast majority of the company's assets are located in Paris' central business district. SFL derives nearly all of its income in the form of rental revenue from leasing its properties to companies. Its largest tenants include law firms, consultancies, fashion houses, media companies, and financial services groups.

Societe Fonciere Lyonnaise (XPAR:FLY) Headlines