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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Cyclically Adjusted Price-to-FCF : 2.38 (As of May. 16, 2024)


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What is DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), DEMIRE Deutsche Mittelstand Real Estate AG's current share price is €1.00. DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €0.42. DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF for today is 2.38.

The historical rank and industry rank for DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTER:DMRE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.71   Med: 6.41   Max: 18.83
Current: 2.45

During the past years, DEMIRE Deutsche Mittelstand Real Estate AG's highest Cyclically Adjusted Price-to-FCF was 18.83. The lowest was 1.71. And the median was 6.41.

XTER:DMRE's Cyclically Adjusted Price-to-FCF is ranked better than
88.9% of 694 companies
in the Real Estate industry
Industry Median: 12.645 vs XTER:DMRE: 2.45

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.

DEMIRE Deutsche Mittelstand Real Estate AG's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €0.155. 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 €0.42 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate AG'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.

DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted Price-to-FCF Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.16 6.39

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.53 6.39 5.41 4.84 3.19

Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.


DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF falls into.



DEMIRE Deutsche Mittelstand Real Estate AG 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.00/0.42
=2.38

* 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, DEMIRE Deutsche Mittelstand Real Estate AG's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.155/124.1946*124.1946
=0.155

Current CPI (Sep. 2023) = 124.1946.

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 0.000 98.516 0.000
201309 0.000 98.983 0.000
201403 0.000 99.543 0.000
201409 0.000 99.823 0.000
201412 0.000 99.543 0.000
201503 0.196 99.717 0.244
201506 -0.016 100.417 -0.020
201509 -0.214 100.417 -0.265
201512 -0.024 99.717 -0.030
201603 0.129 100.017 0.160
201606 0.198 100.717 0.244
201609 0.153 101.017 0.188
201612 0.192 101.217 0.236
201703 0.061 101.417 0.075
201706 0.116 102.117 0.141
201709 0.109 102.717 0.132
201712 0.189 102.617 0.229
201803 0.106 102.917 0.128
201806 0.090 104.017 0.107
201809 0.099 104.718 0.117
201812 0.169 104.217 0.201
201903 0.069 104.217 0.082
201906 0.073 105.718 0.086
201909 0.096 106.018 0.112
201912 0.186 105.818 0.218
202003 0.120 105.718 0.141
202006 0.100 106.618 0.116
202009 -0.416 105.818 -0.488
202012 -0.047 105.518 -0.055
202103 0.207 107.518 0.239
202106 -0.546 108.486 -0.625
202109 0.150 109.435 0.170
202112 0.799 110.384 0.899
202203 0.093 113.968 0.101
202206 0.104 115.760 0.112
202209 0.119 118.818 0.124
202212 0.129 119.345 0.134
202303 0.148 122.402 0.150
202306 0.083 123.140 0.084
202309 0.155 124.195 0.155

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.


DEMIRE Deutsche Mittelstand Real Estate AG  (XTER:DMRE) 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.


DEMIRE Deutsche Mittelstand Real Estate AG Cyclically Adjusted Price-to-FCF Related Terms

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


DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines