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Swiss Estates AG (FRA:WAG) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Swiss Estates AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Swiss Estates AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swiss Estates AG'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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Swiss Estates AG Cyclically Adjusted Price-to-FCF Chart

Swiss Estates AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Swiss Estates AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Swiss Estates AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Swiss Estates 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.


Swiss Estates AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Swiss Estates AG 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.

Swiss Estates AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Swiss Estates AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.188/104.6662*104.6662
=0.188

Current CPI (Dec22) = 104.6662.

Swiss Estates AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.516 101.036 -0.535
201412 0.641 100.704 0.666
201512 0.098 99.386 0.103
201612 -0.339 99.380 -0.357
201712 0.089 100.213 0.093
201812 -0.522 100.906 -0.541
201912 -0.228 101.063 -0.236
202012 0.026 100.241 0.027
202112 0.047 101.776 0.048
202212 0.188 104.666 0.188

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.


Swiss Estates AG  (FRA:WAG) 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.


Swiss Estates AG Cyclically Adjusted Price-to-FCF Related Terms

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Swiss Estates AG (FRA:WAG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alpenquai 28a, Lucerne, CHE, CH-6005
Swiss Estates AG invests in real estate in Switzerland including the residential properties. It focuses on residential real estate-Swiss Estates usually waives investments in pure commercial properties. The Company's investment portfolio consist of various properties in Canton of Zurich, Canton of Vaud, Canton of Bern, Canton of Thurgau, Canton of Solothurn, among others.

Swiss Estates AG (FRA:WAG) Headlines

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