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CorEnergy Infrastructure Trust (FRA:YJEB) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CorEnergy Infrastructure 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.

CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Chart

CorEnergy Infrastructure 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 10.17 1.58 0.87 0.64 0.11

CorEnergy Infrastructure Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.39 0.35 0.25 0.11

Competitive Comparison of CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Specialty subindustry, CorEnergy Infrastructure 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.


CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



CorEnergy Infrastructure 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.

CorEnergy Infrastructure Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CorEnergy Infrastructure Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.138/129.4194*129.4194
=-0.138

Current CPI (Dec. 2023) = 129.4194.

CorEnergy Infrastructure Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.979 99.695 1.271
201406 0.491 100.560 0.632
201409 0.667 100.428 0.860
201412 -0.085 99.070 -0.111
201503 0.609 99.621 0.791
201506 0.763 100.684 0.981
201509 1.211 100.392 1.561
201512 0.896 99.792 1.162
201603 1.249 100.470 1.609
201606 0.522 101.688 0.664
201609 0.903 101.861 1.147
201612 0.777 101.863 0.987
201703 1.224 102.862 1.540
201706 0.914 103.349 1.145
201709 1.060 104.136 1.317
201712 0.990 104.011 1.232
201803 0.932 105.290 1.146
201806 0.629 106.317 0.766
201809 1.232 106.507 1.497
201812 0.654 105.998 0.799
201903 1.197 107.251 1.444
201906 0.846 108.070 1.013
201909 1.251 108.329 1.495
201912 0.926 108.420 1.105
202003 0.779 108.902 0.926
202006 0.298 108.767 0.355
202009 -0.404 109.815 -0.476
202012 -0.099 109.897 -0.117
202103 -0.437 111.754 -0.506
202106 0.133 114.631 0.150
202109 0.119 115.734 0.133
202112 -0.043 117.630 -0.047
202203 0.327 121.301 0.349
202206 0.578 125.017 0.598
202209 0.261 125.227 0.270
202212 -0.167 125.222 -0.173
202303 -0.410 127.348 -0.417
202306 0.109 128.729 0.110
202309 -0.136 129.860 -0.136
202312 -0.138 129.419 -0.138

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.


CorEnergy Infrastructure Trust  (FRA:YJEB) 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.


CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Related Terms

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CorEnergy Infrastructure Trust (FRA:YJEB) Business Description

Traded in Other Exchanges
Address
1100 Walnut, Suite 3350, Kansas, MO, USA, 64106
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.

CorEnergy Infrastructure Trust (FRA:YJEB) Headlines

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