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UBM Development AG (WBO:UBS) Cyclically Adjusted FCF per Share : €-23.35 (As of Mar. 2024)


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What is UBM Development AG 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.

UBM Development AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.033. 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 €-23.35 for the trailing ten years ended in Mar. 2024.

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 (2024-06-06), UBM Development AG's current stock price is €21.40. UBM Development AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-23.35. UBM Development AG's Cyclically Adjusted Price-to-FCF of today is .


UBM Development AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UBM Development AG'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.

UBM Development AG Cyclically Adjusted FCF per Share Chart

UBM Development AG 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 - - -23.21 -23.99 -23.74

UBM Development AG 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 -24.04 -24.39 -23.89 -23.74 -23.35

Competitive Comparison of UBM Development AG's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, UBM Development AG'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.


UBM Development AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



UBM Development AG 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, UBM Development AG'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)
=-1.033/133.7589*133.7589
=-1.033

Current CPI (Mar. 2024) = 133.7589.

UBM Development AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.000 97.688 0.000
201312 0.000 98.682 0.000
201406 0.000 99.496 0.000
201412 0.000 99.676 0.000
201506 0.000 100.492 0.000
201509 0.000 100.292 0.000
201512 0.000 100.692 0.000
201603 -4.077 100.692 -5.416
201606 -6.064 101.092 -8.024
201609 -5.509 101.192 -7.282
201612 -7.247 102.092 -9.495
201703 -10.426 102.592 -13.593
201706 -5.380 102.991 -6.987
201709 -3.321 103.591 -4.288
201712 -7.654 104.291 -9.817
201803 -6.394 104.491 -8.185
201806 -3.015 105.091 -3.837
201809 -0.714 105.691 -0.904
201812 -20.999 106.291 -26.426
201903 -6.263 106.391 -7.874
201906 -3.433 106.791 -4.300
201909 -1.060 106.991 -1.325
201912 -12.506 108.091 -15.476
202003 0.398 108.024 0.493
202006 -2.406 107.915 -2.982
202009 -0.318 108.348 -0.393
202012 -8.150 109.321 -9.972
202103 -8.368 110.186 -10.158
202106 -5.074 110.943 -6.117
202109 -0.223 111.916 -0.267
202112 -0.712 113.971 -0.836
202203 -9.316 117.647 -10.592
202206 -0.002 120.567 -0.002
202209 -1.397 123.811 -1.509
202212 -3.126 125.541 -3.331
202303 -2.456 128.460 -2.557
202306 -6.286 130.191 -6.458
202309 -0.717 131.272 -0.731
202312 -2.899 132.570 -2.925
202403 -1.033 133.759 -1.033

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


UBM Development AG  (WBO:UBS) 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.


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.


UBM Development AG Cyclically Adjusted FCF per Share Related Terms

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


UBM Development AG (WBO:UBS) Business Description

Industry
Traded in Other Exchanges
Address
Laaer-Berg-Strasse 43, Vienna, AUT, 1100
UBM Development AG is a real estate development company. It develops, utilizes and manages real estate property. Its geographical location includes Germany, Austria, and Poland. Its operating segments are Office, Hotel, Residential, Other and Service. The majority of the company's revenue is earned from the Residential segment.