GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starwood Property Trust Inc (NYSE:STWD) » Definitions » Cyclically Adjusted Price-to-FCF

Starwood Property Trust (Starwood Property Trust) Cyclically Adjusted Price-to-FCF : 22.49 (As of Apr. 29, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Starwood Property Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Starwood Property Trust's current share price is $19.57. Starwood Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.87. Starwood Property Trust's Cyclically Adjusted Price-to-FCF for today is 22.49.

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

STWD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.09   Med: 19.76   Max: 37.43
Current: 22.5

During the past years, Starwood Property Trust's highest Cyclically Adjusted Price-to-FCF was 37.43. The lowest was 10.09. And the median was 19.76.

STWD's Cyclically Adjusted Price-to-FCF is ranked worse than
75.77% of 392 companies
in the REITs industry
Industry Median: 11.43 vs STWD: 22.50

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.

Starwood Property Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.021. 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 $0.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starwood Property Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Starwood Property 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.

Starwood Property Trust Cyclically Adjusted Price-to-FCF Chart

Starwood Property 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 29.04 13.38 21.50 19.67 24.25

Starwood Property 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 19.67 20.68 23.26 19.94 24.25

Competitive Comparison of Starwood Property Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Mortgage subindustry, Starwood Property 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.


Starwood Property Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Starwood Property 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.

Starwood Property Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.57/0.87
=22.49

* 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.

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

For example, Starwood Property 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)
=0.021/129.4194*129.4194
=0.021

Current CPI (Dec. 2023) = 129.4194.

Starwood Property Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.525 99.695 0.682
201406 0.566 100.560 0.728
201409 0.027 100.428 0.035
201412 -0.067 99.070 -0.088
201503 0.498 99.621 0.647
201506 0.767 100.684 0.986
201509 -0.148 100.392 -0.191
201512 1.444 99.792 1.873
201603 0.554 100.470 0.714
201606 0.073 101.688 0.093
201609 0.218 101.861 0.277
201612 1.455 101.863 1.849
201703 -0.756 102.862 -0.951
201706 -0.655 103.349 -0.820
201709 -1.588 104.136 -1.974
201712 -0.128 104.011 -0.159
201803 0.326 105.290 0.401
201806 -0.936 106.317 -1.139
201809 1.184 106.507 1.439
201812 1.384 105.998 1.690
201903 -0.365 107.251 -0.440
201906 -1.356 108.070 -1.624
201909 -0.343 108.329 -0.410
201912 1.881 108.420 2.245
202003 0.654 108.902 0.777
202006 1.964 108.767 2.337
202009 -0.847 109.815 -0.998
202012 1.801 109.897 2.121
202103 0.911 111.754 1.055
202106 0.030 114.631 0.034
202109 -2.555 115.734 -2.857
202112 -1.766 117.630 -1.943
202203 0.472 121.301 0.504
202206 1.671 125.017 1.730
202209 0.485 125.227 0.501
202212 -2.005 125.222 -2.072
202303 -0.111 127.348 -0.113
202306 0.582 128.729 0.585
202309 1.130 129.860 1.126
202312 0.021 129.419 0.021

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.


Starwood Property Trust  (NYSE:STWD) 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.


Starwood Property Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Starwood Property Trust (Starwood Property Trust) Business Description

Industry
Traded in Other Exchanges
Address
591 West Putnam Avenue, Greenwich, CT, USA, 06830
Starwood Property Trust Inc is an American real estate investment trust principally engaged in originating, acquiring, and managing commercial mortgage loans and commercial mortgage-backed securities in the U.S. and Europe. The company organizes its activities into Commercial and Residential Lending Segment, Infrastructure Lending Segment, Property Segment and Investing and Servicing Segment. The former acquires and finances first mortgages or mortgages with primary lien positions. The collateral for these mortgages is mainly office and hospitality properties in the American West and Northeast. Starwood's Investing and Servicing unit primarily generates revenue from the acquisition and sale of commercial mortgage-backed securities.
Executives
Jeffrey F. Dimodica director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Deborah L Harmon director 5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Heather N. Bennett officer: General Counsel and CCO C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Andrew Jay Sossen officer: General Counsel 555 CALIFORNIA STREET 50TH FLOOR, SAN FRANCISCO CA 94104
Barry S Sternlicht director, officer: CEO, Chairman of Board of Dir. STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Frederick Perpall director 12700 PARK CENTRAL DRIVE, SUITE 1700, DALLAS TX 75251
Jeffrey G. Dishner director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Rina Paniry officer: Chief Financial Officer STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Fred S. Ridley director 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Camille J. Douglas director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Solomon J. Kumin director STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Boyd Fellows director, officer: President C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Richard D. Bronson director C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830
Perry Stewart Ward officer: Chief Financial Officer C/O STARWOOD PROPERTY TRUST, INC., 591 WEST PUTNAM AVENUE, GREENWICH CT 06830