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Polski Holding Nieruchomosci (WAR:PHN) Cyclically Adjusted FCF per Share : zł1.17 (As of Mar. 2024)


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What is Polski Holding Nieruchomosci 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.

Polski Holding Nieruchomosci's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-0.240. 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 zł1.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Polski Holding Nieruchomosci's average Cyclically Adjusted FCF Growth Rate was 27.20% 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 (2024-06-04), Polski Holding Nieruchomosci's current stock price is zł11.35. Polski Holding Nieruchomosci's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł1.17. Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF of today is 9.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Polski Holding Nieruchomosci was 19.59. The lowest was 9.66. And the median was 12.53.


Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Polski Holding Nieruchomosci'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.

Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Chart

Polski Holding Nieruchomosci 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 - - 0.73 1.07 1.13

Polski Holding Nieruchomosci 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 0.92 1.04 1.05 1.13 1.17

Competitive Comparison of Polski Holding Nieruchomosci's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Polski Holding Nieruchomosci'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.


Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Polski Holding Nieruchomosci 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, Polski Holding Nieruchomosci'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)
=-0.24/149.0435*149.0435
=-0.240

Current CPI (Mar. 2024) = 149.0435.

Polski Holding Nieruchomosci Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.608 101.180 -0.896
201409 0.771 100.611 1.142
201412 0.484 100.122 0.720
201503 -0.742 100.041 -1.105
201506 0.935 100.448 1.387
201509 0.657 99.634 0.983
201512 0.148 99.471 0.222
201603 -1.214 98.983 -1.828
201606 0.334 99.552 0.500
201609 1.555 99.064 2.340
201612 0.000 100.366 0.000
201703 -2.503 101.018 -3.693
201706 3.194 101.180 4.705
201709 0.355 101.343 0.522
201712 0.423 102.564 0.615
201803 0.122 102.564 0.177
201806 0.494 103.378 0.712
201809 0.447 103.378 0.644
201812 0.487 103.785 0.699
201903 0.556 104.274 0.795
201906 0.917 105.983 1.290
201909 0.400 105.983 0.563
201912 1.485 107.123 2.066
202003 1.224 109.076 1.672
202006 0.533 109.402 0.726
202009 0.828 109.320 1.129
202012 -1.004 109.565 -1.366
202103 0.212 112.658 0.280
202106 0.746 113.960 0.976
202109 -3.750 115.588 -4.835
202112 -1.539 119.088 -1.926
202203 -0.521 125.031 -0.621
202206 0.639 131.705 0.723
202209 1.303 135.531 1.433
202212 -0.164 139.113 -0.176
202303 -2.328 145.950 -2.377
202306 1.459 147.009 1.479
202309 0.777 146.113 0.793
202312 1.129 147.741 1.139
202403 -0.240 149.044 -0.240

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


Polski Holding Nieruchomosci  (WAR:PHN) 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.

Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.35/1.17
=9.70

* 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 Polski Holding Nieruchomosci was 19.59. The lowest was 9.66. And the median was 12.53.


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.


Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Related Terms

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


Polski Holding Nieruchomosci (WAR:PHN) Business Description

Traded in Other Exchanges
Address
al. Jana Paw?a II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, and sale of commercial as well as residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.

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