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Ashford Hospitality Trust (Ashford Hospitality Trust) Cyclically Adjusted Price-to-FCF : 0.01 (As of Apr. 28, 2024)


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What is Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ashford Hospitality Trust's current share price is $1.20. Ashford Hospitality Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $123.47. Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF for today is 0.01.

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

AHT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.01   Med: 0.2   Max: 6.4
Current: 0.01

During the past years, Ashford Hospitality Trust's highest Cyclically Adjusted Price-to-FCF was 6.40. The lowest was 0.01. And the median was 0.20.

AHT's Cyclically Adjusted Price-to-FCF is ranked better than
99.74% of 390 companies
in the REITs industry
Industry Median: 11.545 vs AHT: 0.01

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.

Ashford Hospitality Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.626. 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 $123.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ashford Hospitality Trust'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.

Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Chart

Ashford Hospitality Trust 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 1.71 0.17 0.06 0.03 0.02

Ashford Hospitality 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 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 0.03 0.02 0.03 0.02 0.02

Competitive Comparison of Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Ashford Hospitality 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.


Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Ashford Hospitality Trust 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.

Ashford Hospitality Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.20/123.47
=0.01

* 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.

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

For example, Ashford Hospitality 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)
=-0.626/129.4194*129.4194
=-0.626

Current CPI (Dec. 2023) = 129.4194.

Ashford Hospitality Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 13.563 99.695 17.607
201406 57.767 100.560 74.346
201409 33.766 100.428 43.514
201412 20.592 99.070 26.900
201503 26.472 99.621 34.390
201506 49.910 100.684 64.154
201509 55.070 100.392 70.993
201512 62.265 99.792 80.751
201603 53.086 100.470 68.382
201606 76.889 101.688 97.857
201609 72.359 101.861 91.936
201612 -11.945 101.863 -15.176
201703 41.630 102.862 52.378
201706 100.199 103.349 125.475
201709 45.405 104.136 56.429
201712 30.358 104.011 37.774
201803 17.386 105.290 21.370
201806 84.931 106.317 103.386
201809 38.962 106.507 47.344
201812 44.672 105.998 54.543
201903 26.739 107.251 32.266
201906 65.558 108.070 78.509
201909 57.438 108.329 68.620
201912 27.280 108.420 32.564
202003 11.814 108.902 14.040
202006 -74.320 108.767 -88.431
202009 -29.000 109.815 -34.177
202012 -7.869 109.897 -9.267
202103 -11.069 111.754 -12.819
202106 -1.421 114.631 -1.604
202109 0.038 115.734 0.042
202112 -0.889 117.630 -0.978
202203 -0.422 121.301 -0.450
202206 1.460 125.017 1.511
202209 0.112 125.227 0.116
202212 -0.008 125.222 -0.008
202303 0.130 127.348 0.132
202306 0.891 128.729 0.896
202309 0.015 129.860 0.015
202312 -0.626 129.419 -0.626

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.


Ashford Hospitality Trust  (NYSE:AHT) 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.


Ashford Hospitality Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Ashford Hospitality Trust (Ashford Hospitality Trust) Business Description

Industry
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Ashford Hospitality Trust Inc. is a real estate investment trust that invests in full-service upscale and upper-upscale hotel properties in the U.S. The company owns and operates its assets through its operating partnership, Ashford Hospitality Limited Partnership. All of its hotels are located across the U.S. and operate under the Marriott, Hilton, Hyatt, Crowne Plaza, and Sheraton brands. Ashford's sole segment is Direct Hotel Investments, through which it owns hotels by acquisition or development. Ashford also provides rest estate investment services, such as mezzanine financing, first mortgage financing, and sales-leaseback transactions. Its revenue streams include Room revenue, Food and beverage revenue, and Other revenue. Room revenue accounts for the majority of total revenue.
Executives
Davinder Singh Sra director 14185 DALLAS PARKWAY, SUITE 1200, DALLAS TX 75254
Deric S Eubanks officer: Chief Financial Officer 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Ansell Benjamin J Md director 14185 DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Oaktree Fund Gp I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Aif, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGLES CA 90071
Oaktree Fund Aif Series, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Oaktree Capital Management Gp, Llc 10 percent owner 333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp Ltd. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071
Oaktree Real Estate Opportunities Fund Viii Gp, L.p. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FL, LOS ANGELES CA 90071