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NexPoint Residential Trust (FRA:5O4) Cyclically Adjusted FCF per Share : €2.30 (As of Mar. 2024)


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What is NexPoint Residential 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.

NexPoint Residential Trust's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.687. 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 €2.30 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), NexPoint Residential Trust's current stock price is €35.00. NexPoint Residential Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.30. NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF of today is 15.22.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of NexPoint Residential Trust was 15.01. The lowest was 10.79. And the median was 12.74.


NexPoint Residential Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NexPoint Residential 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.

* Premium members only.

NexPoint Residential Trust Cyclically Adjusted FCF per Share Chart

NexPoint Residential Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.24

NexPoint Residential Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 - - 2.28 2.24 2.30

Competitive Comparison of NexPoint Residential Trust's Cyclically Adjusted FCF per Share

For the REIT - Residential subindustry, NexPoint Residential 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.


NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



NexPoint Residential 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, NexPoint Residential Trust'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)
=0.687/131.7762*131.7762
=0.687

Current CPI (Mar. 2024) = 131.7762.

NexPoint Residential Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.005 100.560 0.007
201409 -0.081 100.428 -0.106
201412 0.498 99.070 0.662
201503 0.104 99.621 0.138
201506 0.260 100.684 0.340
201509 0.351 100.392 0.461
201512 0.755 99.792 0.997
201603 0.171 100.470 0.224
201606 0.519 101.688 0.673
201609 0.409 101.861 0.529
201612 0.334 101.863 0.432
201703 0.332 102.862 0.425
201706 0.276 103.349 0.352
201709 0.519 104.136 0.657
201712 0.396 104.011 0.502
201803 0.118 105.290 0.148
201806 0.571 106.317 0.708
201809 0.529 106.507 0.655
201812 0.438 105.998 0.545
201903 0.137 107.251 0.168
201906 0.727 108.070 0.886
201909 0.567 108.329 0.690
201912 0.438 108.420 0.532
202003 0.400 108.902 0.484
202006 0.530 108.767 0.642
202009 0.701 109.815 0.841
202012 0.347 109.897 0.416
202103 0.461 111.754 0.544
202106 0.568 114.631 0.653
202109 0.910 115.734 1.036
202112 0.491 117.630 0.550
202203 0.308 121.301 0.335
202206 1.106 125.017 1.166
202209 1.219 125.227 1.283
202212 0.352 125.222 0.370
202303 1.019 127.348 1.054
202306 0.935 128.729 0.957
202309 0.992 129.860 1.007
202312 0.517 129.419 0.526
202403 0.687 131.776 0.687

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


NexPoint Residential Trust  (FRA:5O4) 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.

NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.00/2.3
=15.22

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of NexPoint Residential Trust was 15.01. The lowest was 10.79. And the median was 12.74.


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.


NexPoint Residential Trust Cyclically Adjusted FCF per Share Related Terms

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


NexPoint Residential Trust (FRA:5O4) Business Description

Industry
Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.

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