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Healthcare Realty Trust (Healthcare Realty Trust) Cyclically Adjusted FCF per Share : $1.24 (As of Dec. 2023)


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What is Healthcare Realty Trust 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.

Healthcare Realty Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.140. 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 $1.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Healthcare Realty Trust's average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% 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 Healthcare Realty Trust was 137.70% per year. The lowest was -51.70% per year. And the median was -16.20% per year.

As of today (2024-04-27), Healthcare Realty Trust's current stock price is $14.14. Healthcare Realty Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.24. Healthcare Realty Trust's Cyclically Adjusted Price-to-FCF of today is 11.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Healthcare Realty Trust was 1548.00. The lowest was 10.61. And the median was 42.02.


Healthcare Realty Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Healthcare Realty Trust'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.

Healthcare Realty Trust Cyclically Adjusted FCF per Share Chart

Healthcare Realty Trust 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 0.94 1.11 1.16 1.20 1.24

Healthcare Realty Trust 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 1.20 1.23 1.26 1.27 1.24

Competitive Comparison of Healthcare Realty Trust's Cyclically Adjusted FCF per Share

For the REIT - Healthcare Facilities subindustry, Healthcare Realty Trust'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.


Healthcare Realty Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Healthcare Realty Trust 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, Healthcare Realty Trust'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)
=0.14/129.4194*129.4194
=0.140

Current CPI (Dec. 2023) = 129.4194.

Healthcare Realty Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.079 99.695 -0.103
201406 0.236 100.560 0.304
201409 0.079 100.428 0.102
201412 0.326 99.070 0.426
201503 0.060 99.621 0.078
201506 0.363 100.684 0.467
201509 0.354 100.392 0.456
201512 0.275 99.792 0.357
201603 0.125 100.470 0.161
201606 0.166 101.688 0.211
201609 0.195 101.861 0.248
201612 0.236 101.863 0.300
201703 0.090 102.862 0.113
201706 0.322 103.349 0.403
201709 0.247 104.136 0.307
201712 0.179 104.011 0.223
201803 0.195 105.290 0.240
201806 0.289 106.317 0.352
201809 0.253 106.507 0.307
201812 0.378 105.998 0.462
201903 0.186 107.251 0.224
201906 0.288 108.070 0.345
201909 0.412 108.329 0.492
201912 0.271 108.420 0.323
202003 0.122 108.902 0.145
202006 0.334 108.767 0.397
202009 2.143 109.815 2.526
202012 0.202 109.897 0.238
202103 0.162 111.754 0.188
202106 0.290 114.631 0.327
202109 0.256 115.734 0.286
202112 0.215 117.630 0.237
202203 0.137 121.301 0.146
202206 0.321 125.017 0.332
202209 -0.119 125.227 -0.123
202212 0.211 125.222 0.218
202303 0.024 127.348 0.024
202306 0.399 128.729 0.401
202309 0.146 129.860 0.146
202312 0.140 129.419 0.140

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


Healthcare Realty Trust  (NYSE:HR) 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.

Healthcare Realty Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.14/1.24
=11.40

* 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 Healthcare Realty Trust was 1548.00. The lowest was 10.61. And the median was 42.02.


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.


Healthcare Realty Trust Cyclically Adjusted FCF per Share Related Terms

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


Healthcare Realty Trust (Healthcare Realty Trust) Business Description

Industry
Traded in Other Exchanges
Address
3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.
Executives
Robert E Hull officer: EVP - Investments 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Julie F. Wilson officer: EVP - Operations 3310 WEST END AVENUE, SUITE 700, ATTENTION: ANDREW LOOPE, NASHVILLE TN 37203
John Knox Singleton director
Kilroy James Joseph Iv director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
Ajay Gupta director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Bryant John M Jr officer: EVP and General Counsel 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
J Christopher Douglas officer: EVP and CFO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Amanda L Callaway officer: SVP & Chief Accounting Officer 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Todd J Meredith director, officer: President and CEO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Christann M Vasquez director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Lyle Peter F Sr director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
John V Abbott director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254

Healthcare Realty Trust (Healthcare Realty Trust) Headlines