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Host Hotels & Resorts (BSP:H1ST34) Cyclically Adjusted FCF per Share : R$5.41 (As of Mar. 2025)


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What is Host Hotels & Resorts 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.

Host Hotels & Resorts's adjusted free cash flow per share for the three months ended in Mar. 2025 was R$1.311. 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 R$5.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Host Hotels & Resorts's average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% 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 Host Hotels & Resorts was 49.00% per year. The lowest was -6.70% per year. And the median was 8.05% per year.

As of today (2025-06-29), Host Hotels & Resorts's current stock price is R$85.77. Host Hotels & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was R$5.41. Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF of today is 15.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Host Hotels & Resorts was 42.40. The lowest was 11.47. And the median was 24.88.


Host Hotels & Resorts Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Host Hotels & Resorts'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.

Host Hotels & Resorts Cyclically Adjusted FCF per Share Chart

Host Hotels & Resorts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 3.70 4.09 3.72 5.54

Host Hotels & Resorts Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.33 4.60 4.77 5.54 5.41

Competitive Comparison of Host Hotels & Resorts's Cyclically Adjusted FCF per Share

For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts'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.


Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF falls into.


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Host Hotels & Resorts 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, Host Hotels & Resorts's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.311/134.9266*134.9266
=1.311

Current CPI (Mar. 2025) = 134.9266.

Host Hotels & Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.998 100.684 1.337
201509 0.486 100.392 0.653
201512 0.983 99.792 1.329
201603 0.252 100.470 0.338
201606 1.159 101.688 1.538
201609 0.869 101.861 1.151
201612 1.280 101.863 1.695
201703 0.559 102.862 0.733
201706 1.517 103.349 1.981
201709 0.793 104.136 1.027
201712 1.309 104.011 1.698
201803 0.590 105.290 0.756
201806 1.635 106.317 2.075
201809 0.927 106.507 1.174
201812 1.073 105.998 1.366
201903 0.503 107.251 0.633
201906 1.497 108.070 1.869
201909 0.783 108.329 0.975
201912 0.972 108.420 1.210
202003 0.179 108.902 0.222
202006 -2.509 108.767 -3.112
202009 -1.784 109.815 -2.192
202012 -1.882 109.897 -2.311
202103 -1.134 111.754 -1.369
202106 -0.554 114.631 -0.652
202109 0.037 115.734 0.043
202112 0.633 117.630 0.726
202203 0.966 121.301 1.075
202206 2.316 125.017 2.500
202209 1.688 125.227 1.819
202212 1.557 125.222 1.678
202303 1.180 127.348 1.250
202306 2.280 128.729 2.390
202309 1.145 129.860 1.190
202312 0.917 129.419 0.956
202403 1.849 131.776 1.893
202406 2.533 132.554 2.578
202409 1.561 133.029 1.583
202412 1.373 133.157 1.391
202503 1.311 134.927 1.311

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


Host Hotels & Resorts  (BSP:H1ST34) 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.

Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=85.77/5.41
=15.85

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Host Hotels & Resorts was 42.40. The lowest was 11.47. And the median was 24.88.


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.


Host Hotels & Resorts Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Host Hotels & Resorts's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Host Hotels & Resorts Business Description

Industry
Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 81 predominantly urban and resort upper-upscale and luxury hotel properties representing over 43,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.

Host Hotels & Resorts Headlines

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