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Ashford Hospitality Trust (FRA:AHD) Cyclically Adjusted Price-to-FCF : 0.01 (As of Jun. 04, 2024)


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What is Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Ashford Hospitality Trust's current share price is €1.05. Ashford Hospitality Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €112.31. Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF for today is 0.01.

The historical rank and industry rank for Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:AHD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 6.4
Current: 0.01

During the past years, Ashford Hospitality Trust's highest Cyclically Adjusted Price-to-FCF was 6.40. The lowest was 0.01. And the median was 0.20.

FRA:AHD's Cyclically Adjusted Price-to-FCF is ranked better than
99.74% of 389 companies
in the REITs industry
Industry Median: 11.45 vs FRA:AHD: 0.01

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.

Ashford Hospitality Trust's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.366. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €112.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ashford Hospitality Trust'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.

* Premium members only.

Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Chart

Ashford Hospitality Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 0.17 0.06 0.03 0.02

Ashford Hospitality Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 0.02 0.03 0.02 0.02 0.01

Competitive Comparison of Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Ashford Hospitality Trust'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.


Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF falls into.



Ashford Hospitality Trust 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.

Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.05/112.31
=0.01

* 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.

Ashford Hospitality Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ashford Hospitality Trust'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)
=-0.366/131.7762*131.7762
=-0.366

Current CPI (Mar. 2024) = 131.7762.

Ashford Hospitality Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 42.517 100.560 55.716
201409 26.203 100.428 34.382
201412 16.700 99.070 22.213
201503 24.460 99.621 32.355
201506 44.469 100.684 58.202
201509 49.068 100.392 64.408
201512 57.160 99.792 75.480
201603 47.672 100.470 62.526
201606 68.431 101.688 88.679
201609 64.472 101.861 83.407
201612 -11.323 101.863 -14.648
201703 38.924 102.862 49.865
201706 89.177 103.349 113.706
201709 38.094 104.136 48.205
201712 25.653 104.011 32.501
201803 14.100 105.290 17.647
201806 72.701 106.317 90.111
201809 33.390 106.507 41.312
201812 39.267 105.998 48.817
201903 23.664 107.251 29.075
201906 58.018 108.070 70.745
201909 52.154 108.329 63.442
201912 24.552 108.420 29.841
202003 10.692 108.902 12.938
202006 -65.996 108.767 -79.957
202009 -24.621 109.815 -29.545
202012 -6.469 109.897 -7.757
202103 -9.298 111.754 -10.964
202106 -1.180 114.631 -1.356
202109 0.033 115.734 0.038
202112 -0.787 117.630 -0.882
202203 -0.383 121.301 -0.416
202206 1.381 125.017 1.456
202209 0.113 125.227 0.119
202212 -0.008 125.222 -0.008
202303 0.122 127.348 0.126
202306 0.822 128.729 0.841
202309 0.014 129.860 0.014
202312 -0.574 129.419 -0.584
202403 -0.366 131.776 -0.366

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.


Ashford Hospitality Trust  (FRA:AHD) 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.


Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Ashford Hospitality Trust (FRA:AHD) Business Description

Industry
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford's sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.

Ashford Hospitality Trust (FRA:AHD) Headlines

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