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Starwood Property Trust (Starwood Property Trust) Cyclically Adjusted FCF per Share : $0.87 (As of Dec. 2023)


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What is Starwood Property 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.

Starwood Property Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.021. 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 $0.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Starwood Property Trust's average Cyclically Adjusted FCF Growth Rate was -6.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -15.50% 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 Starwood Property Trust was 2.60% per year. The lowest was -15.50% per year. And the median was -6.45% per year.

As of today (2024-04-29), Starwood Property Trust's current stock price is $19.57. Starwood Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.87. Starwood Property Trust's Cyclically Adjusted Price-to-FCF of today is 22.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Starwood Property Trust was 37.43. The lowest was 10.09. And the median was 19.76.


Starwood Property Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Starwood Property 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.

Starwood Property Trust Cyclically Adjusted FCF per Share Chart

Starwood Property 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 0.86 1.44 1.13 0.93 0.87

Starwood Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.93 0.86 0.83 0.97 0.87

Competitive Comparison of Starwood Property Trust's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, Starwood Property 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.


Starwood Property Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Starwood Property 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, Starwood Property Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.021/129.4194*129.4194
=0.021

Current CPI (Dec. 2023) = 129.4194.

Starwood Property Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.525 99.695 0.682
201406 0.566 100.560 0.728
201409 0.027 100.428 0.035
201412 -0.067 99.070 -0.088
201503 0.498 99.621 0.647
201506 0.767 100.684 0.986
201509 -0.148 100.392 -0.191
201512 1.444 99.792 1.873
201603 0.554 100.470 0.714
201606 0.073 101.688 0.093
201609 0.218 101.861 0.277
201612 1.455 101.863 1.849
201703 -0.756 102.862 -0.951
201706 -0.655 103.349 -0.820
201709 -1.588 104.136 -1.974
201712 -0.128 104.011 -0.159
201803 0.326 105.290 0.401
201806 -0.936 106.317 -1.139
201809 1.184 106.507 1.439
201812 1.384 105.998 1.690
201903 -0.365 107.251 -0.440
201906 -1.356 108.070 -1.624
201909 -0.343 108.329 -0.410
201912 1.881 108.420 2.245
202003 0.654 108.902 0.777
202006 1.964 108.767 2.337
202009 -0.847 109.815 -0.998
202012 1.801 109.897 2.121
202103 0.911 111.754 1.055
202106 0.030 114.631 0.034
202109 -2.555 115.734 -2.857
202112 -1.766 117.630 -1.943
202203 0.472 121.301 0.504
202206 1.671 125.017 1.730
202209 0.485 125.227 0.501
202212 -2.005 125.222 -2.072
202303 -0.111 127.348 -0.113
202306 0.582 128.729 0.585
202309 1.130 129.860 1.126
202312 0.021 129.419 0.021

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


Starwood Property Trust  (NYSE:STWD) 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.

Starwood Property Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.57/0.87
=22.49

* 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 Starwood Property Trust was 37.43. The lowest was 10.09. And the median was 19.76.


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.


Starwood Property Trust Cyclically Adjusted FCF per Share Related Terms

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


Starwood Property Trust (Starwood Property Trust) Business Description

Industry
Traded in Other Exchanges
Address
591 West Putnam Avenue, Greenwich, CT, USA, 06830
Starwood Property Trust Inc is an American real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans and commercial mortgage-backed securities in the U.S. and Europe. The company organizes its activities into Commercial and Residential Lending Segment, Infrastructure Lending Segment, Property Segment and Investing and Servicing Segment. The former acquires and finances first mortgages or mortgages with primary lien positions. The collateral for these mortgages is mainly office and hospitality properties in the American West and Northeast. Starwood's Investing and Servicing unit primarily generates revenue from the acquisition and sale of commercial mortgage-backed securities.
Executives
Jeffrey F. Dimodica director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Deborah L Harmon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Heather N. Bennett officer: General Counsel and CCO C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Andrew Jay Sossen officer: General Counsel 555 CALIFORNIA STREET 50TH FLOOR, SAN FRANCISCO CA 94104
Barry S Sternlicht director, officer: CEO, Chairman of Board of Dir. STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Frederick Perpall director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Jeffrey G. Dishner director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Rina Paniry officer: Chief Financial Officer STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Fred S. Ridley director 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Camille J. Douglas director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Solomon J. Kumin director STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Boyd Fellows director, officer: President C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Richard D. Bronson director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Perry Stewart Ward officer: Chief Financial Officer C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830