GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Monmouth Real Estate Investment Corp (NYSE:MNR) » Definitions » Cyclically Adjusted Price-to-FCF

Monmouth Real Estate Investment (Monmouth Real Estate Investment) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


View and export this data going back to 1981. Start your Free Trial

What is Monmouth Real Estate Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Monmouth Real Estate Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monmouth Real Estate Investment'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.

Monmouth Real Estate Investment Cyclically Adjusted Price-to-FCF Chart

Monmouth Real Estate Investment Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Monmouth Real Estate Investment Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - - - - -

Competitive Comparison of Monmouth Real Estate Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, Monmouth Real Estate Investment'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.


Monmouth Real Estate Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Monmouth Real Estate Investment's Cyclically Adjusted Price-to-FCF falls into.



Monmouth Real Estate Investment 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.

Monmouth Real Estate Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Monmouth Real Estate Investment's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=-0.001/117.6295*117.6295
=-0.001

Current CPI (Dec. 2021) = 117.6295.

Monmouth Real Estate Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 0.228 96.783 0.277
201206 0.098 96.819 0.119
201209 0.100 97.633 0.120
201212 0.103 96.871 0.125
201303 0.064 98.209 0.077
201306 -0.001 98.518 -0.001
201309 0.149 98.790 0.177
201312 0.046 98.326 0.055
201403 0.162 99.695 0.191
201406 0.087 100.560 0.102
201409 0.020 100.428 0.023
201412 0.107 99.070 0.127
201503 0.108 99.621 0.128
201506 0.105 100.684 0.123
201509 0.143 100.392 0.168
201512 0.171 99.792 0.202
201603 0.115 100.470 0.135
201606 0.084 101.688 0.097
201609 0.137 101.861 0.158
201612 0.193 101.863 0.223
201703 0.229 102.862 0.262
201706 0.262 103.349 0.298
201709 0.266 104.136 0.300
201712 0.200 104.011 0.226
201803 0.323 105.290 0.361
201806 0.227 106.317 0.251
201809 0.211 106.507 0.233
201812 0.179 105.998 0.199
201903 0.266 107.251 0.292
201906 0.234 108.070 0.255
201909 0.239 108.329 0.260
201912 0.181 108.420 0.196
202003 0.276 108.902 0.298
202006 0.262 108.767 0.283
202009 0.227 109.815 0.243
202012 0.279 109.897 0.299
202103 0.238 111.754 0.251
202106 0.208 114.631 0.213
202109 0.055 115.734 0.056
202112 -0.001 117.630 -0.001

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.


Monmouth Real Estate Investment  (NYSE:MNR) 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.


Monmouth Real Estate Investment Cyclically Adjusted Price-to-FCF Related Terms

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


Monmouth Real Estate Investment (Monmouth Real Estate Investment) Business Description

Traded in Other Exchanges
N/A
Address
101 Crawfords Corner Road, Suite 1405, Holmdel, NJ, USA, 07733
Monmouth Real Estate Investment Corp is engaged in the ownership and management of industrial buildings subject to long-term net leases, mainly to investment grade tenants. The company's primary business is the ownership of real estate. Its investment focus is to own well-located, modern, single tenant, industrial buildings, leased primarily to investment-grade tenants.
Executives
Katie Traks officer: Controller 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Michael P Landy director, officer: President and CEO 3499 ROUTE 9 N STE 3-C, FREEHOLD NJ 07728
Kevin S. Miller director, officer: Chief Financial Officer 65 SANDPIPER DRIVE MANALAPAN NJ 07726
Samuel A Landy director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Matthew I Hirsch director 3499 ROUTE 9 NORTH, STE 3C, FREEDHOLD NJ 07728
Eugene W Landy director, officer: Chairman of the Board 3499 ROUTE 9 NORTH SUITE 3C, FREEHOLD NJ 07728
Neal Herstik director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Daniel D Cronheim director 3499 ROUTE 9 NORTH STE 3C FREEDHOLD NJ 07728
Scott L Robinson director 3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Catherine B. Elflein director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Brian Haimm director 3499 ROUTE 9 NORTH SUITE 3C FREEHOLD NJ 07728
Gregory Thomas Otto director 3499 ROUTE 9 NORTH SUITE 3D FREEHOLD NJ 07728
Kiernan Conway director 3499 RT. 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Sonal Pande director 101 CRAWFORDS CORNER ROAD SUITE 1405 HOLMDEL NJ 07733
Michael D Prashad officer: General Counsel 101 CRAWFORDS CORNER ROAD HOLMDEL NJ 07733