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Welltower (Welltower) Cyclically Adjusted Price-to-FCF : 23.24 (As of May. 26, 2024)


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What is Welltower Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Welltower's current share price is $100.87. Welltower's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.34. Welltower's Cyclically Adjusted Price-to-FCF for today is 23.24.

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

WELL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.53   Med: 21.86   Max: 7425
Current: 23.23

During the past years, Welltower's highest Cyclically Adjusted Price-to-FCF was 7425.00. The lowest was 9.53. And the median was 21.86.

WELL's Cyclically Adjusted Price-to-FCF is ranked worse than
77.26% of 387 companies
in the REITs industry
Industry Median: 11.26 vs WELL: 23.23

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.

Welltower's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.680. 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 $4.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welltower Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Welltower'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.

Welltower Cyclically Adjusted Price-to-FCF Chart

Welltower 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 21.98 16.76 20.28 15.15 20.91

Welltower 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 16.38 18.35 18.50 20.91 21.52

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

For the REIT - Healthcare Facilities subindustry, Welltower'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.


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

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

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



Welltower 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=100.87/4.34
=23.24

* 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.

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

For example, Welltower'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)
=0.68/131.7762*131.7762
=0.680

Current CPI (Mar. 2024) = 131.7762.

Welltower Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.125 100.560 1.474
201409 0.821 100.428 1.077
201412 0.858 99.070 1.141
201503 0.662 99.621 0.876
201506 1.113 100.684 1.457
201509 1.176 100.392 1.544
201512 0.969 99.792 1.280
201603 1.060 100.470 1.390
201606 1.312 101.688 1.700
201609 1.162 101.861 1.503
201612 0.971 101.863 1.256
201703 1.046 102.862 1.340
201706 1.237 103.349 1.577
201709 0.852 104.136 1.078
201712 0.720 104.011 0.912
201803 0.981 105.290 1.228
201806 1.254 106.317 1.554
201809 0.990 106.507 1.225
201812 0.977 105.998 1.215
201903 0.868 107.251 1.066
201906 1.246 108.070 1.519
201909 0.863 108.329 1.050
201912 0.787 108.420 0.957
202003 0.987 108.902 1.194
202006 0.943 108.767 1.142
202009 0.702 109.815 0.842
202012 0.599 109.897 0.718
202103 0.714 111.754 0.842
202106 0.788 114.631 0.906
202109 0.810 115.734 0.922
202112 0.633 117.630 0.709
202203 0.709 121.301 0.770
202206 0.850 125.017 0.896
202209 0.749 125.227 0.788
202212 0.501 125.222 0.527
202303 0.740 127.348 0.766
202306 0.806 128.729 0.825
202309 0.810 129.860 0.822
202312 0.644 129.419 0.656
202403 0.680 131.776 0.680

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.


Welltower  (NYSE:WELL) 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.


Welltower Cyclically Adjusted Price-to-FCF Related Terms

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


Welltower (Welltower) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Welltower Inc (NYSE:WELL) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
Executives
John F. Burkart officer: EVP-Chief Operating Officer C/O ESSEX PROPERTY TRUST INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Ade J. Patton director 4500 DORR STREET, TOLEDO DE 43515
Dennis G Lopez director 12700 HILL COUNTRY BOULEVARD, SUITE T-200, AUSTIN TX 78738
Philip L Hawkins director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Diana Reid director 4500 DORR STREET, TOLEDO OH 43615
Ayesha Menon officer: SVP - Strategic Investments 4500 DORR STREET, TOLEDO OH 43615
Timothy Mchugh officer: SVP - Chief Financial Officer 4500 DORR STREET, TOLEDO OH 43515
Thomas J Derosa director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
John Goodey officer: Chief Financial Officer 4500 DORR STREET, TOLEDO OH 43615
Mercedes Kerr officer: EVP-Business Development 2449 GRIVEL PLACE, TUSTIN CA 92782
Kathryn M Sullivan director PO BOX 98029, BATON ROUGE LA 70898-9029
Johnese Spisso director 4500 DORR STREET, TOLEDO OH 43615
Karen B Desalvo director 500 W MAIN STREET, LOUISVILLE KY 40202
Shankh Mitra officer: SVP, Finance & Investments 4500 DORR STREET, TOLEDO OH 43615
R Scott Trumbull director FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809

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