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Omega Healthcare Investors (FRA:WX4) Cyclically Adjusted Price-to-FCF : 11.46 (As of May. 26, 2024)


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What is Omega Healthcare Investors Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Omega Healthcare Investors's current share price is €29.00. Omega Healthcare Investors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.53. Omega Healthcare Investors's Cyclically Adjusted Price-to-FCF for today is 11.46.

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

FRA:WX4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.65   Med: 23.88   Max: 332.36
Current: 11.3

During the past years, Omega Healthcare Investors's highest Cyclically Adjusted Price-to-FCF was 332.36. The lowest was 9.65. And the median was 23.88.

FRA:WX4's Cyclically Adjusted Price-to-FCF is ranked better than
50.13% of 387 companies
in the REITs industry
Industry Median: 11.26 vs FRA:WX4: 11.30

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.

Omega Healthcare Investors's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.542. 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 €2.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Omega Healthcare Investors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Omega Healthcare Investors'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.

Omega Healthcare Investors Cyclically Adjusted Price-to-FCF Chart

Omega Healthcare Investors 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 25.85 16.37 11.56 10.23 11.11

Omega Healthcare Investors 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 9.94 11.02 11.89 11.11 11.37

Competitive Comparison of Omega Healthcare Investors's Cyclically Adjusted Price-to-FCF

For the REIT - Healthcare Facilities subindustry, Omega Healthcare Investors'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.


Omega Healthcare Investors's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Omega Healthcare Investors's Cyclically Adjusted Price-to-FCF falls into.



Omega Healthcare Investors 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.

Omega Healthcare Investors's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.00/2.53
=11.46

* 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.

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

For example, Omega Healthcare Investors'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)
=0.542/131.7762*131.7762
=0.542

Current CPI (Mar. 2024) = 131.7762.

Omega Healthcare Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.512 100.560 0.671
201409 0.561 100.428 0.736
201412 0.492 99.070 0.654
201503 0.668 99.621 0.884
201506 0.365 100.684 0.478
201509 0.002 100.392 0.003
201512 0.500 99.792 0.660
201603 0.502 100.470 0.658
201606 0.666 101.688 0.863
201609 0.669 101.861 0.865
201612 0.660 101.863 0.854
201703 0.439 102.862 0.562
201706 0.522 103.349 0.666
201709 0.567 104.136 0.717
201712 0.543 104.011 0.688
201803 0.121 105.290 0.151
201806 0.504 106.317 0.625
201809 0.390 106.507 0.483
201812 0.457 105.998 0.568
201903 0.328 107.251 0.403
201906 0.446 108.070 0.544
201909 0.470 108.329 0.572
201912 0.420 108.420 0.510
202003 0.430 108.902 0.520
202006 0.649 108.767 0.786
202009 0.604 109.815 0.725
202012 0.640 109.897 0.767
202103 0.582 111.754 0.686
202106 0.656 114.631 0.754
202109 0.395 115.734 0.450
202112 0.550 117.630 0.616
202203 0.468 121.301 0.508
202206 0.660 125.017 0.696
202209 0.693 125.227 0.729
202212 0.597 125.222 0.628
202303 0.428 127.348 0.443
202306 0.639 128.729 0.654
202309 0.626 129.860 0.635
202312 0.590 129.419 0.601
202403 0.542 131.776 0.542

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.


Omega Healthcare Investors  (FRA:WX4) 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.


Omega Healthcare Investors Cyclically Adjusted Price-to-FCF Related Terms

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Omega Healthcare Investors (FRA:WX4) Business Description

Industry
Traded in Other Exchanges
Address
303 International Circle, Suite 200, Hunt Valley, MD, USA, 21030
Omega Healthcare Investors Inc is a healthcare facility real estate investment trust that invests in the United States real estate markets. Omega's portfolio focuses on long-term healthcare facilities. The company maintains dual goals of increasing its returns to investors while also maintaining a high level of care for residents. Omega works to obtain contractual rent escalations under long-term leases, along with fixed-rate mortgage loans. The company considers merger and acquisition investment as a component of its operational growth strategy.

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