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Realtyome (STU:RY6) Cyclically Adjusted FCF per Share : €3.76 (As of Mar. 2024)


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What is Realtyome 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.

Realtyome's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.858. 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 €3.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Realtyome's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Realtyome was 61.10% per year. The lowest was 3.00% per year. And the median was 13.85% per year.

As of today (2024-05-24), Realtyome's current stock price is €48.655. Realtyome's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.76. Realtyome's Cyclically Adjusted Price-to-FCF of today is 12.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Realtyome was 46.33. The lowest was 12.31. And the median was 19.98.


Realtyome Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Realtyome'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.

Realtyome Cyclically Adjusted FCF per Share Chart

Realtyome 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 2.71 2.55 3.04 3.51 3.65

Realtyome 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 3.57 3.62 3.75 3.65 3.76

Competitive Comparison of Realtyome's Cyclically Adjusted FCF per Share

For the REIT - Retail subindustry, Realtyome'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.


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

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

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



Realtyome 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, Realtyome'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)
=0.858/131.7762*131.7762
=0.858

Current CPI (Mar. 2024) = 131.7762.

Realtyome Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.614 100.560 0.805
201409 0.493 100.428 0.647
201412 0.680 99.070 0.904
201503 0.482 99.621 0.638
201506 0.780 100.684 1.021
201509 0.569 100.392 0.747
201512 0.813 99.792 1.074
201603 0.488 100.470 0.640
201606 0.789 101.688 1.022
201609 0.750 101.861 0.970
201612 0.808 101.863 1.045
201703 0.765 102.862 0.980
201706 0.801 103.349 1.021
201709 0.546 104.136 0.691
201712 0.701 104.011 0.888
201803 0.609 105.290 0.762
201806 0.791 106.317 0.980
201809 0.626 106.507 0.775
201812 0.739 105.998 0.919
201903 0.618 107.251 0.759
201906 0.789 108.070 0.962
201909 0.817 108.329 0.994
201912 0.797 108.420 0.969
202003 0.712 108.902 0.862
202006 0.644 108.767 0.780
202009 0.723 109.815 0.868
202012 0.709 109.897 0.850
202103 0.602 111.754 0.710
202106 0.698 114.631 0.802
202109 0.843 115.734 0.960
202112 0.598 117.630 0.670
202203 0.785 121.301 0.853
202206 1.168 125.017 1.231
202209 1.106 125.227 1.164
202212 0.938 125.222 0.987
202303 1.033 127.348 1.069
202306 1.005 128.729 1.029
202309 0.967 129.860 0.981
202312 0.961 129.419 0.979
202403 0.858 131.776 0.858

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


Realtyome  (STU:RY6) 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.

Realtyome's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=48.655/3.76
=12.94

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Realtyome was 46.33. The lowest was 12.31. And the median was 19.98.


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.


Realtyome Cyclically Adjusted FCF per Share Related Terms

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


Realtyome (STU:RY6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Realty Income Corp (STU:RY6) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
11995 El Camino Real, San Diego, CA, USA, 92130
Realty Income owns roughly 13,100 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 17% of revenue.

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