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Alony-Hetz Properties & Investments (XTAE:ALHE) Cyclically Adjusted FCF per Share : ₪-9.16 (As of Dec. 2023)


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What is Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments's adjusted free cash flow per share for the three months ended in Dec. 2023 was ₪-5.723. 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 ₪-9.16 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -20.80% 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 Alony-Hetz Properties & Investments was -20.80% per year. The lowest was -20.80% per year. And the median was -20.80% per year.

As of today (2024-05-21), Alony-Hetz Properties & Investments's current stock price is ₪26.23. Alony-Hetz Properties & Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₪-9.16. Alony-Hetz Properties & Investments's Cyclically Adjusted Price-to-FCF of today is .


Alony-Hetz Properties & Investments Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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.

Alony-Hetz Properties & Investments Cyclically Adjusted FCF per Share Chart

Alony-Hetz Properties & Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -4.67 -4.87 -7.14 -8.23

Alony-Hetz Properties & Investments 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 -8.23 -8.39 -8.49 -8.75 -9.16

Competitive Comparison of Alony-Hetz Properties & Investments's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Alony-Hetz Properties & Investments'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.


Alony-Hetz Properties & Investments's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's Cyclically Adjusted Price-to-FCF falls into.



Alony-Hetz Properties & Investments 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, Alony-Hetz Properties & Investments'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)
=-5.723/129.4194*129.4194
=-5.723

Current CPI (Dec. 2023) = 129.4194.

Alony-Hetz Properties & Investments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.946 99.695 -1.228
201406 0.647 100.560 0.833
201409 -0.983 100.428 -1.267
201412 -0.867 99.070 -1.133
201503 -1.414 99.621 -1.837
201506 -0.123 100.684 -0.158
201509 -0.759 100.392 -0.978
201512 -0.882 99.792 -1.144
201603 -1.246 100.470 -1.605
201606 -0.003 101.688 -0.004
201609 -1.211 101.861 -1.539
201612 -0.325 101.863 -0.413
201703 -0.543 102.862 -0.683
201706 -0.233 103.349 -0.292
201709 0.040 104.136 0.050
201712 0.404 104.011 0.503
201803 -2.756 105.290 -3.388
201806 0.985 106.317 1.199
201809 -1.098 106.507 -1.334
201812 -0.035 105.998 -0.043
201903 -5.812 107.251 -7.013
201906 -4.880 108.070 -5.844
201909 -0.442 108.329 -0.528
201912 -7.189 108.420 -8.581
202003 -3.652 108.902 -4.340
202006 -1.691 108.767 -2.012
202009 -1.171 109.815 -1.380
202012 0.675 109.897 0.795
202103 -5.645 111.754 -6.537
202106 -0.298 114.631 -0.336
202109 -14.632 115.734 -16.362
202112 -2.356 117.630 -2.592
202203 -3.946 121.301 -4.210
202206 -0.938 125.017 -0.971
202209 0.034 125.227 0.035
202212 -5.965 125.222 -6.165
202303 -1.124 127.348 -1.142
202306 -1.458 128.729 -1.466
202309 -2.802 129.860 -2.793
202312 -5.723 129.419 -5.723

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


Alony-Hetz Properties & Investments  (XTAE:ALHE) 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.


Alony-Hetz Properties & Investments Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Alony-Hetz Properties & Investments's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Traded in Other Exchanges
N/A
Address
2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501
Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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