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American Realty Investors (American Realty Investors) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is American Realty Investors Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


American Realty Investors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for American Realty Investors'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.

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American Realty Investors Cyclically Adjusted Price-to-FCF Chart

American Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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American Realty Investors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of American Realty Investors's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, American Realty Investors'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.


American Realty Investors's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



American Realty Investors 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.

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

For example, American Realty Investors'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)
=0.239/129.4194*129.4194
=0.239

Current CPI (Mar. 2024) = 129.4194.

American Realty Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.824 100.560 1.060
201409 -0.056 100.428 -0.072
201412 -2.244 99.070 -2.931
201503 1.773 99.621 2.303
201506 -3.220 100.684 -4.139
201509 -0.104 100.392 -0.134
201512 -0.408 99.792 -0.529
201603 -0.377 100.470 -0.486
201606 2.595 101.688 3.303
201609 -0.379 101.861 -0.482
201612 -1.186 101.863 -1.507
201703 -0.580 102.862 -0.730
201706 0.427 103.349 0.535
201709 -1.075 104.136 -1.336
201712 -0.715 104.011 -0.890
201803 0.220 105.290 0.270
201806 -0.034 106.317 -0.041
201809 -0.853 106.507 -1.037
201812 -9.267 105.998 -11.315
201903 -1.028 107.251 -1.240
201906 0.060 108.070 0.072
201909 0.418 108.329 0.499
201912 -1.990 108.420 -2.375
202003 -0.725 108.902 -0.862
202006 -0.039 108.767 -0.046
202009 -0.323 109.815 -0.381
202012 1.290 109.897 1.519
202103 -0.090 111.754 -0.104
202106 0.084 114.631 0.095
202109 -0.473 115.734 -0.529
202112 -0.235 117.630 -0.259
202203 -0.259 121.301 -0.276
202206 -0.298 125.017 -0.308
202209 0.131 125.227 0.135
202212 -2.384 125.222 -2.464
202303 0.095 127.348 0.097
202306 -0.619 128.729 -0.622
202309 1.009 129.860 1.006
202312 -2.408 129.419 -2.408
202403 0.239 129.419 0.239

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.


American Realty Investors  (NYSE:ARL) 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.


American Realty Investors Cyclically Adjusted Price-to-FCF Related Terms

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


American Realty Investors (American Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, One Hickory Centre, Dallas, TX, USA, 75234
American Realty Investors Inc is a real estate company. The company acquires, develops, and owns income-producing residential and commercial real estate properties. Its segment involves Residential segment and Commercial segment. Residential segment is engaged in the acquisition, development, ownership, and management of multifamily properties and Commercial segment is engaged in the acquisition, ownership, and management of commercial real estate properties. Its holdings include apartments, office buildings, retail centers, and parcels of land.
Executives
Bradford A. Phillips director 1605 LBJ FREEWAY, SUITE 700, FARMERS BRANCH TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Realty Advisors, Llc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Realty Advisors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 300, DALLAS TX 75234
Daniel J Moos officer: President & COO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
International Health Products, Inc. 10 percent owner 2010 VALLEY VIEW LANE, SUITE 250, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
American Realty Investors Inc officer: Exec. V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Prime Income Asset Management Inc 10 percent owner
Robert A Jakuszewski director 1800 VALLEY VIEW LANE, DALLAS TX 75234