GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AG Mortgage Investment Trust Inc (NYSE:MITT) » Definitions » Cyclically Adjusted Price-to-FCF

AG Mortgage Investment Trust (AG Mortgage Investment Trust) Cyclically Adjusted Price-to-FCF : 0.98 (As of Apr. 28, 2024)


View and export this data going back to 2011. Start your Free Trial

What is AG Mortgage Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), AG Mortgage Investment Trust's current share price is $5.65. AG Mortgage Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.79. AG Mortgage Investment Trust's Cyclically Adjusted Price-to-FCF for today is 0.98.

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

MITT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.47   Med: 0.96   Max: 1.57
Current: 0.98

During the past years, AG Mortgage Investment Trust's highest Cyclically Adjusted Price-to-FCF was 1.57. The lowest was 0.47. And the median was 0.96.

MITT's Cyclically Adjusted Price-to-FCF is ranked better than
97.44% of 390 companies
in the REITs industry
Industry Median: 11.545 vs MITT: 0.98

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.

AG Mortgage Investment Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.438. 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 $5.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AG Mortgage Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AG Mortgage Investment 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.

AG Mortgage Investment Trust Cyclically Adjusted Price-to-FCF Chart

AG Mortgage Investment 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 - - 1.15 0.73 1.10

AG Mortgage Investment 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 0.73 0.83 0.95 0.91 1.10

Competitive Comparison of AG Mortgage Investment Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Mortgage subindustry, AG Mortgage Investment 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.


AG Mortgage Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where AG Mortgage Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



AG Mortgage Investment 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.

AG Mortgage Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.65/5.79
=0.98

* 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.

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

For example, AG Mortgage Investment 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)
=0.438/129.4194*129.4194
=0.438

Current CPI (Dec. 2023) = 129.4194.

AG Mortgage Investment Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.491 99.695 3.234
201406 2.722 100.560 3.503
201409 2.427 100.428 3.128
201412 2.268 99.070 2.963
201503 2.460 99.621 3.196
201506 2.666 100.684 3.427
201509 2.165 100.392 2.791
201512 1.904 99.792 2.469
201603 1.554 100.470 2.002
201606 1.945 101.688 2.475
201609 2.037 101.861 2.588
201612 0.115 101.863 0.146
201703 1.321 102.862 1.662
201706 1.214 103.349 1.520
201709 1.920 104.136 2.386
201712 1.510 104.011 1.879
201803 1.834 105.290 2.254
201806 -0.552 106.317 -0.672
201809 2.101 106.507 2.553
201812 2.181 105.998 2.663
201903 0.907 107.251 1.094
201906 1.084 108.070 1.298
201909 1.073 108.329 1.282
201912 2.971 108.420 3.546
202003 0.681 108.902 0.809
202006 -0.602 108.767 -0.716
202009 -0.272 109.815 -0.321
202012 0.475 109.897 0.559
202103 0.459 111.754 0.532
202106 0.218 114.631 0.246
202109 0.615 115.734 0.688
202112 0.342 117.630 0.376
202203 0.189 121.301 0.202
202206 0.357 125.017 0.370
202209 0.175 125.227 0.181
202212 0.262 125.222 0.271
202303 0.310 127.348 0.315
202306 0.423 128.729 0.425
202309 0.150 129.860 0.149
202312 0.438 129.419 0.438

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.


AG Mortgage Investment Trust  (NYSE:MITT) 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.


AG Mortgage Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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


AG Mortgage Investment Trust (AG Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in, acquiring and managing a diversified portfolio of residential mortgage assets, other real estate-related securities, and financial assets, which the company refers to as its target assets. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government-sponsored enterprise.
Executives
Matthew Jozoff director C/O AG MORTGAGE INVESTMENT TRUST, INC., 245 PARK AVENUE, FL. 26, NEW YORK NY 10167
Joseph Lamanna director 226 NORTH LINCOLN STREET, HINSDALE IL 60521
David N Roberts director, officer: Chief Executive Officer 245 PARK AVE 26TH FL, C/O ANGELO GRODON & CO, NEW YORK NY 10167
Nicholas P Smith officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENEUE, 26TH FL., NEW YORK NY 10167
Jenny B Neslin officer: General Counsel & Secretary C/O NORTHSTAR ASSET MANAGEMENT GROUP, 399 PARK AVENUE 18TH FLOOR, NEW YORK NY 10022
Anthony William Rossiello officer: Chief Financial Officer 245 PARK AVENUE 26TH FLOOR, C/O ANGELO, GORDON & CO., L.P., NEW YORK NY 10167
Dianne Hurley director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Thomas Durkin director, officer: Chief Investment Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Alison Halpern officer: Chief Accounting Officer C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Brian Chad Sigman officer: Chief Financial Officer 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Debra Ann Hess director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Andrew L Berger director 860 UNITED NATIONS PLAZA, #15G, NEW YORK NY 10017
Arthur S Ainsberg director C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Raul Enrique Moreno officer: General Counsel and Secretary C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167