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Sirius Real Estate (JSE:SRE) Cyclically Adjusted Price-to-FCF : 26.29 (As of May. 19, 2024)


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What is Sirius Real Estate Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Sirius Real Estate's current share price is R22.61. Sirius Real Estate's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was R0.86. Sirius Real Estate's Cyclically Adjusted Price-to-FCF for today is 26.29.

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

JSE:SRE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.2   Med: 25.75   Max: 46.55
Current: 25.51

During the past 13 years, Sirius Real Estate's highest Cyclically Adjusted Price-to-FCF was 46.55. The lowest was 17.20. And the median was 25.75.

JSE:SRE's Cyclically Adjusted Price-to-FCF is ranked worse than
74.82% of 695 companies
in the Real Estate industry
Industry Median: 12.59 vs JSE:SRE: 25.51

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.

Sirius Real Estate's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was R1.316. 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 R0.86 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sirius Real Estate Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sirius Real Estate'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.

Sirius Real Estate Cyclically Adjusted Price-to-FCF Chart

Sirius Real Estate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.69 20.36 23.74 32.52 19.87

Sirius Real Estate Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 32.52 - 19.87 -

Competitive Comparison of Sirius Real Estate's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Sirius Real Estate'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.


Sirius Real Estate's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Sirius Real Estate 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.

Sirius Real Estate's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.61/0.86
=26.29

* 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.

Sirius Real Estate's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Sirius Real Estate's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.316/127.3478*127.3478
=1.316

Current CPI (Mar23) = 127.3478.

Sirius Real Estate Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.647 99.695 0.826
201503 0.649 99.621 0.830
201603 0.503 100.470 0.638
201703 0.520 102.862 0.644
201803 0.347 105.290 0.420
201903 0.406 107.251 0.482
202003 0.656 108.902 0.767
202103 0.627 111.754 0.714
202203 0.807 121.301 0.847
202303 1.316 127.348 1.316

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.


Sirius Real Estate  (JSE:SRE) 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.


Sirius Real Estate Cyclically Adjusted Price-to-FCF Related Terms

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


Sirius Real Estate (JSE:SRE) Business Description

Industry
Traded in Other Exchanges
Address
Admiral Park, Trafalgar Court, 2nd Floor, East Wing, Channel Islands, St Peter Port, GGY, GY1 3EL
Sirius Real Estate Ltd is in the business of investment in and acquisition of the commercial property to provide workspace in Germany. It operates in two segments that is Germany; and United Kingdom. The Company invests in large mixed-use commercial real estate assets in Germany. The firm derives revenues in the form of rental income from operations in Germany. Its portfolio includes Conventional offices, Smartspace Office, Officepods, Virtual office, Classical storage spaces, Smart space Storage, Flexi storage, Workshop spaces, and others.