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Sabra Health Care REIT (Sabra Health Care REIT) Cyclically Adjusted Price-to-FCF : 6.58 (As of Apr. 28, 2024)


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What is Sabra Health Care REIT Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Sabra Health Care REIT's current share price is $13.94. Sabra Health Care REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.12. Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF for today is 6.58.

The historical rank and industry rank for Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SBRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.89   Med: 6.57   Max: 9.55
Current: 6.57

During the past years, Sabra Health Care REIT's highest Cyclically Adjusted Price-to-FCF was 9.55. The lowest was 4.89. And the median was 6.57.

SBRA's Cyclically Adjusted Price-to-FCF is ranked better than
75.64% of 390 companies
in the REITs industry
Industry Median: 11.545 vs SBRA: 6.57

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.

Sabra Health Care REIT's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.331. 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 $2.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sabra Health Care REIT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sabra Health Care REIT'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.

Sabra Health Care REIT Cyclically Adjusted Price-to-FCF Chart

Sabra Health Care REIT 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 - 8.94 6.57 5.82 6.72

Sabra Health Care REIT 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 5.82 5.40 5.41 6.51 6.72

Competitive Comparison of Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF

For the REIT - Healthcare Facilities subindustry, Sabra Health Care REIT'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.


Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF falls into.



Sabra Health Care REIT 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.

Sabra Health Care REIT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.94/2.12
=6.58

* 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.

Sabra Health Care REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sabra Health Care REIT'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)
=0.331/129.4194*129.4194
=0.331

Current CPI (Dec. 2023) = 129.4194.

Sabra Health Care REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.031 99.695 0.040
201406 0.628 100.560 0.808
201409 0.884 100.428 1.139
201412 0.252 99.070 0.329
201503 0.415 99.621 0.539
201506 0.447 100.684 0.575
201509 0.425 100.392 0.548
201512 0.642 99.792 0.833
201603 0.379 100.470 0.488
201606 1.065 101.688 1.355
201609 0.600 101.861 0.762
201612 0.641 101.863 0.814
201703 0.479 102.862 0.603
201706 0.346 103.349 0.433
201709 -0.009 104.136 -0.011
201712 0.463 104.011 0.576
201803 0.569 105.290 0.699
201806 0.615 106.317 0.749
201809 0.399 106.507 0.485
201812 0.434 105.998 0.530
201903 0.302 107.251 0.364
201906 0.757 108.070 0.907
201909 0.443 108.329 0.529
201912 0.481 108.420 0.574
202003 0.363 108.902 0.431
202006 0.455 108.767 0.541
202009 0.468 109.815 0.552
202012 0.426 109.897 0.502
202103 0.322 111.754 0.373
202106 0.387 114.631 0.437
202109 0.478 115.734 0.535
202112 0.430 117.630 0.473
202203 0.273 121.301 0.291
202206 0.330 125.017 0.342
202209 0.470 125.227 0.486
202212 0.293 125.222 0.303
202303 0.295 127.348 0.300
202306 0.303 128.729 0.305
202309 0.360 129.860 0.359
202312 0.331 129.419 0.331

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.


Sabra Health Care REIT  (NAS:SBRA) 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.


Sabra Health Care REIT Cyclically Adjusted Price-to-FCF Related Terms

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


Sabra Health Care REIT (Sabra Health Care REIT) Business Description

Industry
Traded in Other Exchanges
Address
18500 Von Karman Avenue, Suite 550, Irvine, CA, USA, 92612
Sabra Health Care REIT Inc is a healthcare facility real estate investment trust. The company operates one segment that owns and invests in healthcare real estate. All of the company's revenue is generated in the United States. Sabra's operations consist of nursing facilities, assisted living centers, and mental health facilities. The company considers merger and acquisition investment as a component of its operational growth strategy. Sabra works with existing operators to identify strategic development opportunities.
Executives
Michael Lourenco Costa officer: Executive VP & CAO 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Catherine Cusack director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Andrews Harold W. Jr. officer: Executive VP, CFO & Secretary C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Michael J Foster director 36 GROVE STREET, NEW CANAAN CT 06840
Ann Kono director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Porter Clifton J Ii director 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Robert A. Ettl director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Richard K Matros director, officer: CEO and President
Raymond J Lewis director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Lynne S Katzmann director 18500 VON KARMAN AVENUE,SUITE 550, IRVINE CA 92612
Milton J Walters director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN AVENUE, SUITE 550, IRVINE CA 92612
Ronald G Geary director 10140 LINN STATION RD, LOUISVILLE KY 40223-3813
Jeffrey A. Malehorn director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Talya Nevo-hacohen officer: Executive VP, CIO & Treasurer C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Craig A. Barbarosh director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305