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EPR Properties (EPR Properties) Cyclically Adjusted FCF per Share : $5.77 (As of Dec. 2023)


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What is EPR Properties Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

EPR Properties's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.015. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, EPR Properties's average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of EPR Properties was 34.30% per year. The lowest was -1.50% per year. And the median was 10.10% per year.

As of today (2024-04-27), EPR Properties's current stock price is $40.99. EPR Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.77. EPR Properties's Cyclically Adjusted Price-to-FCF of today is 7.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EPR Properties was 49.74. The lowest was 4.03. And the median was 17.35.


EPR Properties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for EPR Properties's Cyclically Adjusted FCF per Share 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.

EPR Properties Cyclically Adjusted FCF per Share Chart

EPR Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.48 4.79 5.18 5.62 5.77

EPR Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 5.62 5.77 5.76 5.88 5.77

Competitive Comparison of EPR Properties's Cyclically Adjusted FCF per Share

For the REIT - Specialty subindustry, EPR Properties'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.


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

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

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



EPR Properties Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, EPR Properties'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)
=1.015/129.4194*129.4194
=1.015

Current CPI (Dec. 2023) = 129.4194.

EPR Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.788 99.695 1.023
201406 1.357 100.560 1.746
201409 0.997 100.428 1.285
201412 1.430 99.070 1.868
201503 1.002 99.621 1.302
201506 1.095 100.684 1.408
201509 1.105 100.392 1.425
201512 1.555 99.792 2.017
201603 1.101 100.470 1.418
201606 1.311 101.688 1.669
201609 0.992 101.861 1.260
201612 1.406 101.863 1.786
201703 1.459 102.862 1.836
201706 1.380 103.349 1.728
201709 1.629 104.136 2.025
201712 1.131 104.011 1.407
201803 1.469 105.290 1.806
201806 1.893 106.317 2.304
201809 2.031 106.507 2.468
201812 1.122 105.998 1.370
201903 1.638 107.251 1.977
201906 1.147 108.070 1.374
201909 1.642 108.329 1.962
201912 1.303 108.420 1.555
202003 1.135 108.902 1.349
202006 -0.415 108.767 -0.494
202009 0.028 109.815 0.033
202012 0.078 109.897 0.092
202103 1.049 111.754 1.215
202106 0.835 114.631 0.943
202109 1.277 115.734 1.428
202112 0.942 117.630 1.036
202203 1.707 121.301 1.821
202206 1.182 125.017 1.224
202209 1.764 125.227 1.823
202212 1.227 125.222 1.268
202303 1.614 127.348 1.640
202306 1.312 128.729 1.319
202309 1.968 129.860 1.961
202312 1.015 129.419 1.015

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


EPR Properties  (NYSE:EPR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

EPR Properties's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.99/5.77
=7.10

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of EPR Properties was 49.74. The lowest was 4.03. And the median was 17.35.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


EPR Properties Cyclically Adjusted FCF per Share Related Terms

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


EPR Properties (EPR Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » EPR Properties (NYSE:EPR) » Definitions » Cyclically Adjusted FCF per Share
Address
909 Walnut Street, Suite 200, Kansas, MO, USA, 64106
EPR Properties is a real estate investment trust that leases experiential properties in the United States and Canada. The company invests in two property segments: experiential, including theaters, family entertainment centers, ski resorts, and other attractions; and education, including early childhood education centers and private school properties. New investments are determined based on value and opportunity of the respective industry, location quality, and credit quality of tenants. The majority of revenue comes from the experiential sector. Texas, Florida, New York, and California are key revenue-driving states.
Executives
Tonya L. Mater officer: VP & Chief Accounting Officer 909 WALNUT STREET, SUITE 200, KANSAS CITY MO 64106
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Paul Robert Turvey officer: SVP& Associate General Counsel 22211 W 59TH STREET, SHAWNEE KS 66226
Gwendolyn Mary Johnson officer: SVP - Asset Management 7418 COTTONWOOD DRIVE, SHAWNEE KS 66216
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Caixia Ziegler director 421 W. ROSLYN PLACE, CHICAGO IL 60614
Mark Alan Peterson officer: VP of Accounting & Administrat 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Craig L. Evans officer: SVP & General Counsel 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Elizabeth Grace officer: SVP & Human Resources & Admin 909 WALNUT STREET SUITE 200, KANSAS CITY MO 64106
Robin Peppe Sterneck director 11205 BROOKWOOD AVENUE, LEAWOOD KS 66211
Newman Jack A Jr director 2300 WEST 96TH ST., LEAWOOD KS 64106
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Gregory E Zimmerman officer: EVP & Chief Investment Officer 909 WALNUT, SUITE 200, KANSAS CITY MO 64106