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New England Realty Associates LP (New England Realty Associates LP) Cyclically Adjusted Price-to-FCF : 11.21 (As of Apr. 27, 2024)


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What is New England Realty Associates LP Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), New England Realty Associates LP's current share price is $69.15. New England Realty Associates LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.17. New England Realty Associates LP's Cyclically Adjusted Price-to-FCF for today is 11.21.

The historical rank and industry rank for New England Realty Associates LP's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NEN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.12   Med: 19.88   Max: 94.33
Current: 11.21

During the past years, New England Realty Associates LP's highest Cyclically Adjusted Price-to-FCF was 94.33. The lowest was 10.12. And the median was 19.88.

NEN's Cyclically Adjusted Price-to-FCF is ranked better than
54.02% of 672 companies
in the Real Estate industry
Industry Median: 12.44 vs NEN: 11.21

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.

New England Realty Associates LP's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.209. 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 $6.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


New England Realty Associates LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New England Realty Associates LP'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.

New England Realty Associates LP Cyclically Adjusted Price-to-FCF Chart

New England Realty Associates LP 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 15.70 11.36 13.03 12.35 11.30

New England Realty Associates LP 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 12.35 12.56 12.23 11.05 11.30

Competitive Comparison of New England Realty Associates LP's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, New England Realty Associates LP'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.


New England Realty Associates LP's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where New England Realty Associates LP's Cyclically Adjusted Price-to-FCF falls into.



New England Realty Associates LP 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.

New England Realty Associates LP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.15/6.17
=11.21

* 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.

New England Realty Associates LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, New England Realty Associates LP'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)
=2.209/129.4194*129.4194
=2.209

Current CPI (Dec. 2023) = 129.4194.

New England Realty Associates LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.524 99.695 0.680
201406 0.845 100.560 1.088
201409 0.734 100.428 0.946
201412 0.937 99.070 1.224
201503 0.615 99.621 0.799
201506 1.016 100.684 1.306
201509 0.870 100.392 1.122
201512 1.107 99.792 1.436
201603 0.879 100.470 1.132
201606 0.920 101.688 1.171
201609 0.883 101.861 1.122
201612 2.299 101.863 2.921
201703 1.055 102.862 1.327
201706 2.018 103.349 2.527
201709 1.419 104.136 1.764
201712 1.770 104.011 2.202
201803 1.492 105.290 1.834
201806 1.800 106.317 2.191
201809 2.232 106.507 2.712
201812 1.278 105.998 1.560
201903 1.351 107.251 1.630
201906 1.853 108.070 2.219
201909 1.033 108.329 1.234
201912 1.815 108.420 2.167
202003 1.146 108.902 1.362
202006 1.434 108.767 1.706
202009 1.024 109.815 1.207
202012 1.124 109.897 1.324
202103 1.177 111.754 1.363
202106 1.308 114.631 1.477
202109 0.997 115.734 1.115
202112 0.797 117.630 0.877
202203 1.247 121.301 1.330
202206 0.786 125.017 0.814
202209 1.540 125.227 1.592
202212 2.354 125.222 2.433
202303 0.659 127.348 0.670
202306 1.608 128.729 1.617
202309 2.268 129.860 2.260
202312 2.209 129.419 2.209

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.


New England Realty Associates LP  (AMEX:NEN) 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.


New England Realty Associates LP Cyclically Adjusted Price-to-FCF Related Terms

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


New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

New England Realty Associates LP (New England Realty Associates LP) Headlines

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