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FelCor Lodging Trust (FelCor Lodging Trust) Cyclically Adjusted FCF per Share : $0.00 (As of Jun. 2017)


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What is FelCor Lodging Trust Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

FelCor Lodging Trust's adjusted free cash flow per share for the three months ended in Jun. 2017 was $0.137. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Jun. 2017.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-05), FelCor Lodging Trust's current stock price is $7.30. FelCor Lodging Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2017 was $0.00. FelCor Lodging Trust's Cyclically Adjusted Price-to-FCF of today is .


FelCor Lodging Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FelCor Lodging Trust's Cyclically Adjusted FCF per Share 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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FelCor Lodging Trust Cyclically Adjusted FCF per Share Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted FCF per Share
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FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of FelCor Lodging Trust's Cyclically Adjusted FCF per Share

For the REIT - Hotel & Motel subindustry, FelCor Lodging 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.


FelCor Lodging Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



FelCor Lodging Trust Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, FelCor Lodging Trust's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2017 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.137/103.3491*103.3491
=0.137

Current CPI (Jun. 2017) = 103.3491.

FelCor Lodging Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200709 0.810 87.964 0.952
200712 0.403 88.616 0.470
200803 0.083 90.090 0.095
200806 0.304 92.320 0.340
200809 0.150 92.307 0.168
200812 -0.368 88.697 -0.429
200903 -0.013 89.744 -0.015
200906 0.029 91.003 0.033
200909 0.205 91.120 0.233
200912 -0.269 91.111 -0.305
201003 0.320 91.821 0.360
201006 0.038 91.962 0.043
201009 -0.843 92.162 -0.945
201012 -0.210 92.474 -0.235
201103 -0.097 94.283 -0.106
201106 -1.215 95.235 -1.319
201109 -0.003 95.727 -0.003
201112 -1.120 95.213 -1.216
201203 -0.099 96.783 -0.106
201206 -0.335 96.819 -0.358
201209 0.080 97.633 0.085
201212 -0.446 96.871 -0.476
201303 -0.216 98.209 -0.227
201306 -0.107 98.518 -0.112
201309 -0.104 98.790 -0.109
201312 -0.328 98.326 -0.345
201403 -0.240 99.695 -0.249
201406 -0.098 100.560 -0.101
201409 0.007 100.428 0.007
201412 -0.170 99.070 -0.177
201503 -0.054 99.621 -0.056
201506 0.202 100.684 0.207
201509 0.174 100.392 0.179
201512 0.127 99.792 0.132
201603 0.040 100.470 0.041
201606 0.245 101.688 0.249
201609 0.108 101.861 0.110
201612 -0.015 101.863 -0.015
201703 0.047 102.862 0.047
201706 0.137 103.349 0.137

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


FelCor Lodging Trust  (NYSE:FCH) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


FelCor Lodging Trust Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of FelCor Lodging Trust's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

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