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Imperial Equities (TSXV:IEI) Cyclically Adjusted Price-to-FCF : 3.64 (As of May. 26, 2024)


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What is Imperial Equities Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Imperial Equities's current share price is C$3.90. Imperial Equities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.07. Imperial Equities's Cyclically Adjusted Price-to-FCF for today is 3.64.

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

TSXV:IEI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.55   Med: 6.28   Max: 497
Current: 3.63

During the past years, Imperial Equities's highest Cyclically Adjusted Price-to-FCF was 497.00. The lowest was 3.55. And the median was 6.28.

TSXV:IEI's Cyclically Adjusted Price-to-FCF is ranked better than
84.01% of 694 companies
in the Real Estate industry
Industry Median: 12.675 vs TSXV:IEI: 3.63

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.

Imperial Equities's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.426. 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 C$1.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Equities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Imperial Equities'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.

Imperial Equities Cyclically Adjusted Price-to-FCF Chart

Imperial Equities Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.40 5.18 5.94 5.76 4.49

Imperial Equities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.24 4.67 4.49 3.55 4.19

Competitive Comparison of Imperial Equities's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Imperial Equities'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.


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

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

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



Imperial Equities 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.

Imperial Equities's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.90/1.07
=3.64

* 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.

Imperial Equities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Imperial Equities's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.426/126.2576*126.2576
=0.426

Current CPI (Mar. 2024) = 126.2576.

Imperial Equities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.019 99.473 -0.024
201409 0.244 99.394 0.310
201412 0.141 98.367 0.181
201503 0.455 99.789 0.576
201506 0.187 100.500 0.235
201509 0.338 100.421 0.425
201512 -0.397 99.947 -0.502
201603 0.587 101.054 0.733
201606 0.081 102.002 0.100
201609 0.270 101.765 0.335
201612 0.113 101.449 0.141
201703 0.111 102.634 0.137
201706 0.222 103.029 0.272
201709 0.319 103.345 0.390
201712 0.153 103.345 0.187
201803 -0.018 105.004 -0.022
201806 0.072 105.557 0.086
201809 0.259 105.636 0.310
201812 0.245 105.399 0.293
201903 0.326 106.979 0.385
201906 0.077 107.690 0.090
201909 0.340 107.611 0.399
201912 0.292 107.769 0.342
202003 0.350 107.927 0.409
202006 0.307 108.401 0.358
202009 0.067 108.164 0.078
202012 0.343 108.559 0.399
202103 0.353 110.298 0.404
202106 0.040 111.720 0.045
202109 0.367 112.905 0.410
202112 0.426 113.774 0.473
202203 0.382 117.646 0.410
202206 0.021 120.806 0.022
202209 0.338 120.648 0.354
202212 0.332 120.964 0.347
202303 0.381 122.702 0.392
202306 0.076 124.203 0.077
202309 0.400 125.230 0.403
202312 0.352 125.072 0.355
202403 0.426 126.258 0.426

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.


Imperial Equities  (TSXV:IEI) 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.


Imperial Equities Cyclically Adjusted Price-to-FCF Related Terms

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


Imperial Equities (TSXV:IEI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Suite 2151, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
Executives
Chadi Land Company Inc. 10% Security Holder

Imperial Equities (TSXV:IEI) Headlines

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