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Getty Realty (FRA:GRL) Cyclically Adjusted Price-to-FCF : 13.78 (As of May. 26, 2024)


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What is Getty Realty Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Getty Realty's current share price is €24.80. Getty Realty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.80. Getty Realty's Cyclically Adjusted Price-to-FCF for today is 13.78.

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

FRA:GRL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.38   Med: 37.05   Max: 104.24
Current: 13.81

During the past years, Getty Realty's highest Cyclically Adjusted Price-to-FCF was 104.24. The lowest was 13.38. And the median was 37.05.

FRA:GRL's Cyclically Adjusted Price-to-FCF is ranked worse than
58.14% of 387 companies
in the REITs industry
Industry Median: 11.26 vs FRA:GRL: 13.81

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.

Getty Realty's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.507. 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 €1.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Getty Realty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Getty Realty'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.

Getty Realty Cyclically Adjusted Price-to-FCF Chart

Getty Realty 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 35.99 30.62 24.21 21.62 15.22

Getty Realty 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 22.32 17.31 14.69 15.22 13.82

Competitive Comparison of Getty Realty's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Getty Realty'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.


Getty Realty's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Getty Realty 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.

Getty Realty's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.80/1.8
=13.78

* 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.

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

For example, Getty Realty'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)
=0.507/131.7762*131.7762
=0.507

Current CPI (Mar. 2024) = 131.7762.

Getty Realty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.066 100.560 0.086
201409 0.116 100.428 0.152
201412 0.319 99.070 0.424
201503 0.175 99.621 0.231
201506 0.460 100.684 0.602
201509 0.287 100.392 0.377
201512 0.421 99.792 0.556
201603 0.244 100.470 0.320
201606 0.253 101.688 0.328
201609 0.368 101.861 0.476
201612 0.109 101.863 0.141
201703 0.350 102.862 0.448
201706 0.227 103.349 0.289
201709 0.399 104.136 0.505
201712 0.406 104.011 0.514
201803 0.352 105.290 0.441
201806 0.288 106.317 0.357
201809 0.363 106.507 0.449
201812 0.319 105.998 0.397
201903 0.335 107.251 0.412
201906 0.383 108.070 0.467
201909 0.546 108.329 0.664
201912 0.409 108.420 0.497
202003 0.391 108.902 0.473
202006 0.319 108.767 0.386
202009 0.418 109.815 0.502
202012 0.557 109.897 0.668
202103 0.368 111.754 0.434
202106 0.384 114.631 0.441
202109 0.352 115.734 0.401
202112 0.542 117.630 0.607
202203 0.405 121.301 0.440
202206 0.457 125.017 0.482
202209 0.528 125.227 0.556
202212 0.506 125.222 0.532
202303 0.437 127.348 0.452
202306 0.482 128.729 0.493
202309 0.479 129.860 0.486
202312 0.532 129.419 0.542
202403 0.507 131.776 0.507

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.


Getty Realty  (FRA:GRL) 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.


Getty Realty Cyclically Adjusted Price-to-FCF Related Terms

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


Getty Realty (FRA:GRL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Getty Realty Corp (FRA:GRL) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
292 Madison Avenue, 9th Floor, New York, NY, USA, 10017-6318
Getty Realty Corp is the real estate investment trust in the U.S. specializing in the acquisition, financing, and development of convenience, automotive, and other single tenant retail real estate. The company's portfolio includes convenience stores, car washes, automotive service centers (gasoline and repair, oil and maintenance, tire and battery, collision), automotive parts retailers, and certain other freestanding retail properties, including drive-thru quick service restaurants. It generates majority of the revenue in the form of rental income.

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