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CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Cyclically Adjusted FCF per Share : ฿-0.51 (As of Mar. 2024)


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What is CPN Retail Growth Leasehold REIT Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

CPN Retail Growth Leasehold REIT's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿1.397. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿-0.51 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -32.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CPN Retail Growth Leasehold REIT was -7.90% per year. The lowest was -32.90% per year. And the median was -20.40% per year.

As of today (2024-06-09), CPN Retail Growth Leasehold REIT's current stock price is ฿10.10. CPN Retail Growth Leasehold REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿-0.51. CPN Retail Growth Leasehold REIT's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CPN Retail Growth Leasehold REIT was 378.01. The lowest was 262.54. And the median was 359.76.


CPN Retail Growth Leasehold REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CPN Retail Growth Leasehold REIT's Cyclically Adjusted FCF per Share 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.

CPN Retail Growth Leasehold REIT Cyclically Adjusted FCF per Share Chart

CPN Retail Growth Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 -0.26 -0.54 -0.55 -0.61

CPN Retail Growth Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.55 -0.55 -0.56 -0.61 -0.51

Competitive Comparison of CPN Retail Growth Leasehold REIT's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, CPN Retail Growth Leasehold 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.


CPN Retail Growth Leasehold REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CPN Retail Growth Leasehold REIT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CPN Retail Growth Leasehold REIT's Cyclically Adjusted Price-to-FCF falls into.



CPN Retail Growth Leasehold REIT Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CPN Retail Growth Leasehold REIT's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.397/131.7762*131.7762
=1.397

Current CPI (Mar. 2024) = 131.7762.

CPN Retail Growth Leasehold REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.071 100.560 -5.335
201409 0.248 100.428 0.325
201412 0.344 99.070 0.458
201503 0.347 99.621 0.459
201506 0.209 100.684 0.274
201509 0.222 100.392 0.291
201512 0.314 99.792 0.415
201603 0.261 100.470 0.342
201606 0.152 101.688 0.197
201609 0.276 101.861 0.357
201612 0.375 101.863 0.485
201703 0.231 102.862 0.296
201706 0.240 103.349 0.306
201709 0.231 104.136 0.292
201712 -5.978 104.011 -7.574
201803 0.049 105.290 0.061
201806 0.429 106.317 0.532
201809 0.429 106.507 0.531
201812 0.294 105.998 0.365
201903 0.503 107.251 0.618
201906 0.383 108.070 0.467
201909 0.089 108.329 0.108
201912 0.812 108.420 0.987
202003 -3.268 108.902 -3.954
202006 0.216 108.767 0.262
202009 0.410 109.815 0.492
202012 0.284 109.897 0.341
202103 -1.994 111.754 -2.351
202106 0.123 114.631 0.141
202109 0.134 115.734 0.153
202112 0.273 117.630 0.306
202203 0.320 121.301 0.348
202206 0.345 125.017 0.364
202209 0.424 125.227 0.446
202212 0.332 125.222 0.349
202303 0.494 127.348 0.511
202306 0.458 128.729 0.469
202309 0.717 129.860 0.728
202312 -0.306 129.419 -0.312
202403 1.397 131.776 1.397

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


CPN Retail Growth Leasehold REIT  (BKK:CPNREIT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CPN Retail Growth Leasehold REIT was 378.01. The lowest was 262.54. And the median was 359.76.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CPN Retail Growth Leasehold REIT Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of CPN Retail Growth Leasehold REIT's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 999/9 Rama 1 Road, 31st Floor, The Offices at CentralWorld, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
CPN Retail Growth Leasehold REIT is a closed-end real estate investment trust. Its main business is investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The company has invested in a few projects including shopping projects namely Central Rama 2, Central Rama 3, Central Pinklao and Central Chiangmai Airport, and 2 office buildings, Central Pinklao Tower A and Tower B, as well as invested in additional assets, namely Central Pattaya Shopping Center and Hilton Pattaya Hotel Its operational locality is Thailand.

CPN Retail Growth Leasehold REIT (BKK:CPNREIT) Headlines

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