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Hornigold Reit (WAR:HRL) Cyclically Adjusted FCF per Share : zł0.00 (As of Mar. 2024)


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What is Hornigold Reit 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.

Hornigold Reit's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł0.000. 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 zł0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hornigold Reit's average Cyclically Adjusted FCF Growth Rate was -100.00% 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.

As of today (2024-06-02), Hornigold Reit's current stock price is zł0.041. Hornigold Reit's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.00. Hornigold Reit's Cyclically Adjusted Price-to-FCF of today is .

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Hornigold Reit was 5.65. The lowest was 2.05. And the median was 2.32.


Hornigold Reit Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hornigold Reit'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.

Hornigold Reit Cyclically Adjusted FCF per Share Chart

Hornigold Reit Annual Data
Trend Dec11 Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted FCF per Share
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Hornigold Reit Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 0.02 0.02 0.02 0.02 -

Competitive Comparison of Hornigold Reit's Cyclically Adjusted FCF per Share

For the REIT - Residential subindustry, Hornigold Reit'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.


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

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

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



Hornigold Reit 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, Hornigold Reit'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)
=0/149.0435*149.0435
=0.000

Current CPI (Mar. 2024) = 149.0435.

Hornigold Reit Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.001 100.529 -0.001
201306 -0.001 100.855 -0.001
201309 0.003 100.936 0.004
201403 -0.008 101.262 -0.012
201406 -0.001 101.180 -0.001
201409 -0.002 100.611 -0.003
201412 0.002 100.122 0.003
201503 0.000 100.041 0.000
201506 0.000 100.448 0.000
201509 0.000 99.634 0.000
201512 -0.003 99.471 -0.004
201603 0.000 98.983 0.000
201606 0.000 99.552 0.000
201609 0.000 99.064 0.000
201612 0.000 100.366 0.000
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 0.000 101.343 0.000
201712 0.000 102.564 0.000
201803 0.000 102.564 0.000
201806 0.000 103.378 0.000
201809 0.000 103.378 0.000
201812 0.000 103.785 0.000
201903 0.000 104.274 0.000
201906 0.012 105.983 0.017
201909 -0.017 105.983 -0.024
201912 0.027 107.123 0.038
202003 -0.005 109.076 -0.007
202006 -0.012 109.402 -0.016
202009 0.000 109.320 0.000
202012 0.034 109.565 0.046
202103 0.002 112.658 0.003
202106 0.044 113.960 0.058
202109 -0.003 115.588 -0.004
202112 0.006 119.088 0.008
202203 0.002 125.031 0.002
202206 0.001 131.705 0.001
202209 0.004 135.531 0.004
202303 -0.001 145.950 -0.001
202403 0.000 149.044 0.000

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


Hornigold Reit  (WAR:HRL) 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Hornigold Reit was 5.65. The lowest was 2.05. And the median was 2.32.


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.


Hornigold Reit Cyclically Adjusted FCF per Share Related Terms

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


Hornigold Reit (WAR:HRL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hornigold Reit SA (WAR:HRL) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
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Address
Ul. Moniuszki 10/1, Katowice, POL, 40-005
Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.