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UDR (UDR) Cyclically Adjusted Price-to-FCF : 21.16 (As of Apr. 30, 2024)


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What is UDR Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), UDR's current share price is $38.08. UDR's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.80. UDR's Cyclically Adjusted Price-to-FCF for today is 21.16.

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

UDR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.73   Med: 31.31   Max: 93.85
Current: 21.26

During the past years, UDR's highest Cyclically Adjusted Price-to-FCF was 93.85. The lowest was 17.73. And the median was 31.31.

UDR's Cyclically Adjusted Price-to-FCF is ranked worse than
73.21% of 392 companies
in the REITs industry
Industry Median: 11.43 vs UDR: 21.26

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.

UDR's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.430. 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 $1.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


UDR Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for UDR'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.

UDR Cyclically Adjusted Price-to-FCF Chart

UDR 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 38.57 29.44 40.11 23.05 21.26

UDR 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 23.05 23.85 24.40 20.00 21.26

Competitive Comparison of UDR's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, UDR'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.


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

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

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



UDR 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.08/1.8
=21.16

* 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.

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

For example, UDR'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)
=0.43/129.4194*129.4194
=0.430

Current CPI (Dec. 2023) = 129.4194.

UDR Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.203 99.695 0.264
201406 0.296 100.560 0.381
201409 0.274 100.428 0.353
201412 0.390 99.070 0.509
201503 0.291 99.621 0.378
201506 0.353 100.684 0.454
201509 0.211 100.392 0.272
201512 0.430 99.792 0.558
201603 0.330 100.470 0.425
201606 0.329 101.688 0.419
201609 0.535 101.861 0.680
201612 0.452 101.863 0.574
201703 0.361 102.862 0.454
201706 0.332 103.349 0.416
201709 0.402 104.136 0.500
201712 0.366 104.011 0.455
201803 0.435 105.290 0.535
201806 0.342 106.317 0.416
201809 0.440 106.507 0.535
201812 0.429 105.998 0.524
201903 0.370 107.251 0.446
201906 0.376 108.070 0.450
201909 0.425 108.329 0.508
201912 0.388 108.420 0.463
202003 0.339 108.902 0.403
202006 0.493 108.767 0.587
202009 0.320 109.815 0.377
202012 0.306 109.897 0.360
202103 0.310 111.754 0.359
202106 0.554 114.631 0.625
202109 0.346 115.734 0.387
202112 0.436 117.630 0.480
202203 0.365 121.301 0.389
202206 0.608 125.017 0.629
202209 0.412 125.227 0.426
202212 0.426 125.222 0.440
202303 0.331 127.348 0.336
202306 0.443 128.729 0.445
202309 0.372 129.860 0.371
202312 0.430 129.419 0.430

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.


UDR  (NYSE:UDR) 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.


UDR Cyclically Adjusted Price-to-FCF Related Terms

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


UDR (UDR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UDR Inc (NYSE:UDR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.
Executives
Thomas W Toomey director, officer: Chief Executive Officer
Patricia Sciutto Doerr officer: SVP-Chief ESG/People Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Kevin C Nickelberry director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Harry G Alcock officer: SVP-Asset Management 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jerry A Davis officer: SVP-Chief Operating Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Clinton D Mcdonnough director 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Tracy L Hofmeister officer: VP-Accounting 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Joseph D Fisher officer: SVP-Chief Financial Officer 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Diane M Morefield director 200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael D Lacy officer: SVP-Property Operations 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Matthew A Cozad officer: SVP-Corp Serv and Innovation 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Warren L Troupe officer: Sr Exec VP & General Counsel 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
James D Klingbeil director
Lynne B Sagalyn director
Jon A Grove director

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