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Centerspace (FRA:WXC1) Cyclically Adjusted Price-to-FCF : 9.86 (As of Jun. 12, 2024)


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What is Centerspace Cyclically Adjusted Price-to-FCF?

As of today (2024-06-12), Centerspace's current share price is €62.00. Centerspace's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.29. Centerspace's Cyclically Adjusted Price-to-FCF for today is 9.86.

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

FRA:WXC1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.87   Med: 14.44   Max: 96.35
Current: 9.83

During the past years, Centerspace's highest Cyclically Adjusted Price-to-FCF was 96.35. The lowest was 6.87. And the median was 14.44.

FRA:WXC1's Cyclically Adjusted Price-to-FCF is ranked better than
59.64% of 389 companies
in the REITs industry
Industry Median: 11.3 vs FRA:WXC1: 9.83

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.

Centerspace's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.505. 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 €6.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centerspace Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Centerspace'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.

Centerspace Cyclically Adjusted Price-to-FCF Chart

Centerspace Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.74 13.79 16.36 8.48 8.54

Centerspace 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 7.89 8.88 8.66 8.54 8.34

Competitive Comparison of Centerspace's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Centerspace'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.


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

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

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



Centerspace 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=62.00/6.29
=9.86

* 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.

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

For example, Centerspace'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)
=1.505/131.7762*131.7762
=1.505

Current CPI (Mar. 2024) = 131.7762.

Centerspace Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.816 100.023 2.393
201407 1.316 100.520 1.725
201410 1.707 100.176 2.245
201501 1.817 98.604 2.428
201504 2.245 99.824 2.964
201507 1.623 100.691 2.124
201510 0.613 100.346 0.805
201601 0.856 99.957 1.128
201604 1.842 100.947 2.405
201607 1.038 101.524 1.347
201610 1.297 101.988 1.676
201701 1.390 102.456 1.788
201704 1.590 103.167 2.031
201707 1.007 103.278 1.285
201710 0.757 104.070 0.959
201801 0.871 104.578 1.098
201804 0.805 105.708 1.004
201807 0.946 106.324 1.172
201810 0.816 106.695 1.008
201903 0.424 107.251 0.521
201906 1.524 108.070 1.858
201909 1.598 108.329 1.944
201912 1.226 108.420 1.490
202003 0.429 108.902 0.519
202006 1.270 108.767 1.539
202009 1.320 109.815 1.584
202012 0.821 109.897 0.984
202103 0.895 111.754 1.055
202106 0.893 114.631 1.027
202109 1.376 115.734 1.567
202112 1.665 117.630 1.865
202203 0.698 121.301 0.758
202206 1.409 125.017 1.485
202209 2.265 125.227 2.383
202212 1.446 125.222 1.522
202303 1.109 127.348 1.148
202306 1.467 128.729 1.502
202309 1.657 129.860 1.681
202312 0.675 129.419 0.687
202403 1.505 131.776 1.505

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.


Centerspace  (FRA:WXC1) 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.


Centerspace Cyclically Adjusted Price-to-FCF Related Terms

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


Centerspace (FRA:WXC1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (FRA:WXC1) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.

Centerspace (FRA:WXC1) Headlines

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