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First Hartford (First Hartford) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is First Hartford Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


First Hartford Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Hartford's Cyclically Adjusted Price-to-FCF 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.

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First Hartford Cyclically Adjusted Price-to-FCF Chart

First Hartford Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Cyclically Adjusted Price-to-FCF
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First Hartford Semi-Annual Data
Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
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Competitive Comparison of First Hartford's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, First Hartford'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.


First Hartford's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



First Hartford Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

First Hartford's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr18 is calculated as:

For example, First Hartford's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr18 (Change)*Current CPI (Apr18)
=2.014/105.7080*105.7080
=2.014

Current CPI (Apr18) = 105.7080.

First Hartford Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200904 -7.560 89.968 -8.883
201004 -3.207 91.980 -3.686
201104 -7.749 94.890 -8.632
201204 2.878 97.075 3.134
201304 2.150 98.107 2.317
201404 1.438 100.023 1.520
201504 0.103 99.824 0.109
201604 2.418 100.947 2.532
201704 0.274 103.167 0.281
201804 2.014 105.708 2.014

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


First Hartford  (OTCPK:FHRT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


First Hartford Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of First Hartford's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First Hartford (First Hartford) Business Description

Industry
Traded in Other Exchanges
N/A
Address
149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. The company is engaged in the purchase, development, ownership, management, and sale of real estate. The company is engaged in two business segments namely Real Estate Operations and Fee for Service. The company generates maximum revenue from the Real Estate Operations segment.
Executives
Neil H Ellis director, 10 percent owner, officer: President PO BOX 1270 149 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Barbara K Filippelli 10 percent owner 23 LAKEVIEW DR, PAWLING NY 12564
John Filippelli 10 percent owner 23 LAKEVIEW DRIVE, PAWLING NY 12564
Stuart I Greenwald director, officer: Secretary/Treasurer PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270
Daniel B Harding director, officer: Vice President PO BOX 1270 COLONIAL RD, C/O FIRST HARTFORD CORP, MANCHESTER CT 06045-1270

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