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Vukile Property Fund (JSE:VKE) Cyclically Adjusted Price-to-FCF : 6.58 (As of Jun. 14, 2024)


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What is Vukile Property Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Vukile Property Fund's current share price is R14.86. Vukile Property Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was R2.26. Vukile Property Fund's Cyclically Adjusted Price-to-FCF for today is 6.58.

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

JSE:VKE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.1   Med: 9.63   Max: 19.32
Current: 6.68

During the past 13 years, Vukile Property Fund's highest Cyclically Adjusted Price-to-FCF was 19.32. The lowest was 2.10. And the median was 9.63.

JSE:VKE's Cyclically Adjusted Price-to-FCF is ranked better than
74.81% of 389 companies
in the REITs industry
Industry Median: 11.36 vs JSE:VKE: 6.68

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.

Vukile Property Fund's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was R2.151. 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 R2.26 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vukile Property Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vukile 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.

Vukile Property Fund Cyclically Adjusted Price-to-FCF Chart

Vukile 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 3.25 4.11 6.54 5.56 6.71

Vukile 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 6.54 - 5.56 - 6.71

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

For the REIT - Retail subindustry, Vukile 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.


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

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

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



Vukile 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.

Vukile 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
=14.86/2.26
=6.58

* 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.

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

For example, Vukile 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)
=2.151/155.4180*155.4180
=2.151

Current CPI (Mar24) = 155.4180.

Vukile Property Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 1.723 98.538 2.718
201603 1.850 104.969 2.739
201703 1.586 111.400 2.213
201803 1.778 115.542 2.392
201903 0.934 120.774 1.202
202003 2.523 125.679 3.120
202103 1.182 129.628 1.417
202203 2.140 137.594 2.417
202303 2.125 147.586 2.238
202403 2.151 155.418 2.151

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.


Vukile Property Fund  (JSE:VKE) 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.


Vukile Property Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Vukile Property Fund (JSE:VKE) Business Description

Industry
Traded in Other Exchanges
Address
11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

Vukile Property Fund (JSE:VKE) Headlines

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