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Diversified Healthcare Trust (STU:SNF) Cyclically Adjusted FCF per Share : €1.14 (As of Mar. 2024)


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What is Diversified Healthcare 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.

Diversified Healthcare Trust's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.110. 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 €1.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Diversified Healthcare Trust's average Cyclically Adjusted FCF Growth Rate was -11.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.30% 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 Diversified Healthcare Trust was 11.80% per year. The lowest was -90.00% per year. And the median was 0.50% per year.

As of today (2024-06-10), Diversified Healthcare Trust's current stock price is €2.608. Diversified Healthcare Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.14. Diversified Healthcare Trust's Cyclically Adjusted Price-to-FCF of today is 2.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Diversified Healthcare Trust was 22.28. The lowest was 0.44. And the median was 9.38.


Diversified Healthcare Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Diversified Healthcare 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.

Diversified Healthcare Trust Cyclically Adjusted FCF per Share Chart

Diversified Healthcare 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 1.21 1.00 1.21 1.31 1.15

Diversified Healthcare 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 1.28 1.12 1.23 1.15 1.14

Competitive Comparison of Diversified Healthcare Trust's Cyclically Adjusted FCF per Share

For the REIT - Healthcare Facilities subindustry, Diversified Healthcare 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.


Diversified Healthcare Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Diversified Healthcare 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, Diversified Healthcare 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)
=0.11/131.7762*131.7762
=0.110

Current CPI (Mar. 2024) = 131.7762.

Diversified Healthcare Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.327 100.560 0.429
201409 0.391 100.428 0.513
201412 0.276 99.070 0.367
201503 0.440 99.621 0.582
201506 0.420 100.684 0.550
201509 0.392 100.392 0.515
201512 0.327 99.792 0.432
201603 0.465 100.470 0.610
201606 0.350 101.688 0.454
201609 0.474 101.861 0.613
201612 0.328 101.863 0.424
201703 0.449 102.862 0.575
201706 0.365 103.349 0.465
201709 0.435 104.136 0.550
201712 0.301 104.011 0.381
201803 0.287 105.290 0.359
201806 0.343 106.317 0.425
201809 0.386 106.507 0.478
201812 0.395 105.998 0.491
201903 0.155 107.251 0.190
201906 0.314 108.070 0.383
201909 0.267 108.329 0.325
201912 0.266 108.420 0.323
202003 0.214 108.902 0.259
202006 0.203 108.767 0.246
202009 0.172 109.815 0.206
202012 -0.002 109.897 -0.002
202103 0.123 111.754 0.145
202106 -0.027 114.631 -0.031
202109 -0.144 115.734 -0.164
202112 -0.186 117.630 -0.208
202203 -0.028 121.301 -0.030
202206 -0.098 125.017 -0.103
202209 -0.022 125.227 -0.023
202212 -0.013 125.222 -0.014
202303 0.024 127.348 0.025
202306 0.099 128.729 0.101
202309 -0.055 129.860 -0.056
202312 -0.028 129.419 -0.029
202403 0.110 131.776 0.110

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


Diversified Healthcare Trust  (STU:SNF) 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.

Diversified Healthcare Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.608/1.14
=2.29

* 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 Diversified Healthcare Trust was 22.28. The lowest was 0.44. And the median was 9.38.


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.


Diversified Healthcare Trust Cyclically Adjusted FCF per Share Related Terms

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


Diversified Healthcare Trust (STU:SNF) Business Description

Industry
Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. It operates through two segments: its office portfolio and its senior housing operating portfolio. The office portfolio includes medical office properties leased to medical-related businesses and life sciences properties. The SHOP segment runs communities that offer multiple types of residential care, ranging from independent living to nursing services. DHT operates across the United States and the majority of its revenue derives from rents and medical programs.

Diversified Healthcare Trust (STU:SNF) Headlines

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