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Oasis Crescent Property Fund (JSE:OAS) Cyclically Adjusted Price-to-FCF : 22.94 (As of Jun. 06, 2024)


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What is Oasis Crescent Property Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Oasis Crescent Property Fund's current share price is R19.50. Oasis Crescent Property Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was R0.85. Oasis Crescent Property Fund's Cyclically Adjusted Price-to-FCF for today is 22.94.

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

JSE:OAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.5   Med: 23.06   Max: 25.89
Current: 23.22

During the past 13 years, Oasis Crescent Property Fund's highest Cyclically Adjusted Price-to-FCF was 25.89. The lowest was 18.50. And the median was 23.06.

JSE:OAS's Cyclically Adjusted Price-to-FCF is ranked worse than
76.92% of 390 companies
in the REITs industry
Industry Median: 11.47 vs JSE:OAS: 23.22

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.

Oasis Crescent Property Fund's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was R0.332. 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 R0.85 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oasis Crescent Property Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oasis Crescent Property Fund'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.

Oasis Crescent Property Fund Cyclically Adjusted Price-to-FCF Chart

Oasis Crescent Property Fund Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.84 23.86 19.51 22.06 24.40

Oasis Crescent Property Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 19.51 - 22.06 - 24.40

Competitive Comparison of Oasis Crescent Property Fund's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Oasis Crescent Property Fund'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.


Oasis Crescent Property Fund's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Oasis Crescent Property Fund's Cyclically Adjusted Price-to-FCF falls into.



Oasis Crescent Property Fund 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.

Oasis Crescent Property Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.50/0.85
=22.94

* 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.

Oasis Crescent Property Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Oasis Crescent Property Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.332/155.4180*155.4180
=0.332

Current CPI (Mar24) = 155.4180.

Oasis Crescent Property Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.820 98.538 1.293
201603 0.988 104.969 1.463
201703 0.986 111.400 1.376
201803 0.799 115.542 1.075
201903 0.615 120.774 0.791
202003 0.470 125.679 0.581
202103 0.440 129.628 0.528
202203 1.690 137.594 1.909
202303 -0.801 147.586 -0.844
202403 0.332 155.418 0.332

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.


Oasis Crescent Property Fund  (JSE:OAS) 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.


Oasis Crescent Property Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Oasis Crescent Property Fund (JSE:OAS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
96 Upper Roodebloem Road, Oasis House, University Estate, Cape Town, WC, ZAF, 7925
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.

Oasis Crescent Property Fund (JSE:OAS) Headlines

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