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Octodec Investments (JSE:OCT) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Octodec Investments Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Octodec Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Octodec Investments'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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Octodec Investments Cyclically Adjusted Price-to-FCF Chart

Octodec Investments Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Octodec Investments Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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Competitive Comparison of Octodec Investments's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Octodec Investments'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.


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

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

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



Octodec Investments 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.

Octodec Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Octodec Investments's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=0.277/150.4220*150.4220
=0.277

Current CPI (Aug23) = 150.4220.

Octodec Investments Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 -0.832 96.794 -1.293
201508 -1.667 101.154 -2.479
201608 -0.044 107.476 -0.062
201708 -0.037 112.381 -0.050
201808 0.171 117.831 0.218
201908 0.111 122.954 0.136
202008 0.693 126.660 0.823
202108 0.000 133.003 0.000
202208 0.467 143.536 0.489
202308 0.277 150.422 0.277

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.


Octodec Investments  (JSE:OCT) 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.


Octodec Investments Cyclically Adjusted Price-to-FCF Related Terms

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Octodec Investments (JSE:OCT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

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