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Deutsche EuroShop AG (XTER:DEQ) Cyclically Adjusted FCF per Share : €2.77 (As of Mar. 2024)


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What is Deutsche EuroShop 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.

Deutsche EuroShop AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.558. 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 €2.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deutsche EuroShop AG's average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% 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 Deutsche EuroShop AG was 21.50% per year. The lowest was 8.30% per year. And the median was 19.40% per year.

As of today (2024-06-08), Deutsche EuroShop AG's current stock price is €21.40. Deutsche EuroShop AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.77. Deutsche EuroShop AG's Cyclically Adjusted Price-to-FCF of today is 7.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deutsche EuroShop AG was 27.62. The lowest was 5.79. And the median was 8.77.


Deutsche EuroShop AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Deutsche EuroShop 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.

Deutsche EuroShop AG Cyclically Adjusted FCF per Share Chart

Deutsche EuroShop 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 1.57 2.18 2.41 2.58 2.76

Deutsche EuroShop 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 2.71 2.80 2.90 2.76 2.77

Competitive Comparison of Deutsche EuroShop AG's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Deutsche EuroShop 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.


Deutsche EuroShop AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Deutsche EuroShop 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, Deutsche EuroShop 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)
=0.558/125.0381*125.0381
=0.558

Current CPI (Mar. 2024) = 125.0381.

Deutsche EuroShop AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.537 99.543 0.675
201409 0.569 99.823 0.713
201412 0.499 99.543 0.627
201503 0.557 99.717 0.698
201506 0.567 100.417 0.706
201509 0.537 100.417 0.669
201512 0.687 99.717 0.861
201603 0.631 100.017 0.789
201606 0.626 100.717 0.777
201609 0.592 101.017 0.733
201612 0.642 101.217 0.793
201703 0.676 101.417 0.833
201706 0.625 102.117 0.765
201709 0.588 102.717 0.716
201712 0.686 102.617 0.836
201803 0.674 102.917 0.819
201806 0.661 104.017 0.795
201809 0.675 104.718 0.806
201812 0.543 104.217 0.651
201903 0.708 104.217 0.849
201906 0.637 105.718 0.753
201909 0.656 106.018 0.774
201912 0.717 105.818 0.847
202003 0.640 105.718 0.757
202006 0.017 106.618 0.020
202009 0.667 105.818 0.788
202012 0.445 105.518 0.527
202103 0.222 107.518 0.258
202106 0.459 108.486 0.529
202109 0.709 109.435 0.810
202112 0.663 110.384 0.751
202203 0.570 113.968 0.625
202206 0.628 115.760 0.678
202209 0.539 118.818 0.567
202212 0.568 119.345 0.595
202303 0.604 122.402 0.617
202306 0.719 123.140 0.730
202309 0.660 124.195 0.664
202312 0.500 123.773 0.505
202403 0.558 125.038 0.558

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


Deutsche EuroShop AG  (XTER:DEQ) 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.

Deutsche EuroShop AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.40/2.77
=7.73

* 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 Deutsche EuroShop AG was 27.62. The lowest was 5.79. And the median was 8.77.


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.


Deutsche EuroShop AG Cyclically Adjusted FCF per Share Related Terms

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


Deutsche EuroShop AG (XTER:DEQ) Business Description

Industry
Traded in Other Exchanges
Address
Heegbarg 36, Hamburg, DEU, 22391
Deutsche EuroShop AG is a German real estate investment firm that invests in shopping centers. The company's properties are mostly located in Germany, with the remainder in Austria, Poland, Hungary, and the Czech Republic. The company generates revenue from leasing properties to tenants, which include general retailers, consumer electronics retailers, and fashion and accessories stores. Deutsche EuroShop operates through two geographical segments: domestic, which contributes the majority of consolidated revenue, and international.
Executives
Hans-peter Kneip Board of Directors

Deutsche EuroShop AG (XTER:DEQ) Headlines

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