GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (NYSE:LXP) » Definitions » Cyclically Adjusted Price-to-FCF

LXP Industrial Trust (LXP Industrial Trust) Cyclically Adjusted Price-to-FCF : 9.02 (As of Apr. 27, 2024)


View and export this data going back to 1993. Start your Free Trial

What is LXP Industrial Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), LXP Industrial Trust's current share price is $8.48. LXP Industrial Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.94. LXP Industrial Trust's Cyclically Adjusted Price-to-FCF for today is 9.02.

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

LXP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.43   Med: 10.27   Max: 17.26
Current: 8.99

During the past years, LXP Industrial Trust's highest Cyclically Adjusted Price-to-FCF was 17.26. The lowest was 3.43. And the median was 10.27.

LXP's Cyclically Adjusted Price-to-FCF is ranked better than
64.1% of 390 companies
in the REITs industry
Industry Median: 11.545 vs LXP: 8.99

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.

LXP Industrial Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.172. 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 $0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LXP Industrial Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LXP Industrial 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.

LXP Industrial Trust Cyclically Adjusted Price-to-FCF Chart

LXP Industrial 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 11.35 11.81 17.03 10.61 10.52

LXP Industrial 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 10.61 10.91 10.16 9.34 10.52

Competitive Comparison of LXP Industrial Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, LXP Industrial 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.


LXP Industrial Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



LXP Industrial 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.

LXP Industrial Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.48/0.94
=9.02

* 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.

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

For example, LXP Industrial 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)
=0.172/129.4194*129.4194
=0.172

Current CPI (Dec. 2023) = 129.4194.

LXP Industrial Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.250 99.695 0.325
201406 0.181 100.560 0.233
201409 0.251 100.428 0.323
201412 0.177 99.070 0.231
201503 0.241 99.621 0.313
201506 0.212 100.684 0.273
201509 0.237 100.392 0.306
201512 0.227 99.792 0.294
201603 0.242 100.470 0.312
201606 0.246 101.688 0.313
201609 0.263 101.861 0.334
201612 0.243 101.863 0.309
201703 0.224 102.862 0.282
201706 0.180 103.349 0.225
201709 0.255 104.136 0.317
201712 0.222 104.011 0.276
201803 0.208 105.290 0.256
201806 0.214 106.317 0.261
201809 0.236 106.507 0.287
201812 0.185 105.998 0.226
201903 0.183 107.251 0.221
201906 0.156 108.070 0.187
201909 0.211 108.329 0.252
201912 0.174 108.420 0.208
202003 0.168 108.902 0.200
202006 0.152 108.767 0.181
202009 0.192 109.815 0.226
202012 0.172 109.897 0.203
202103 0.201 111.754 0.233
202106 0.179 114.631 0.202
202109 0.185 115.734 0.207
202112 0.150 117.630 0.165
202203 0.125 121.301 0.133
202206 0.152 125.017 0.157
202209 0.176 125.227 0.182
202212 0.120 125.222 0.124
202303 0.116 127.348 0.118
202306 0.175 128.729 0.176
202309 0.194 129.860 0.193
202312 0.172 129.419 0.172

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.


LXP Industrial Trust  (NYSE:LXP) 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.


LXP Industrial Trust Cyclically Adjusted Price-to-FCF Related Terms

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


LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry
Traded in Other Exchanges
Address
One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.
Executives
Derrick L Johnson director C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Nancy Elizabeth Noe director ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119
Arun Gupta director C/O COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE 300, ALEXANDRIA VA 22314
Nabil Andrawis officer: EVP, Director of Taxation C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Richard Frary director C/O TALLWOOD ASSOCIATES INC., 14 EAST 60TH STREET, SUITE 1003, NEW YORK NY 10022
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lara Sweeney Johnson officer: EVP C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO QUADRANGLE WING A SUITE 111, JERICHO NY 11753
Joseph Bonventre officer: EVP, Gen Counsel & Secretary ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Mark Cherone officer: Chief Accounting Officer C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 11743
James Dudley officer: EVP & Director of Asset Mgmt. C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Brendan P Mullinix officer: EVP LEXINGTON CORPORATE PROPERTIES TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Howard Stewart Roth director 19 DEEPDALE DRIVE, GREAT NECK NY 11021
T Wilson Eglin director, officer: CEO, President and COO
E Robert Roskind director, officer: Chairman of the Board
Richard J Rouse director, officer: Co-Vice Chairman & CIO