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FCAFF (Firm Capital Apartment REIT) Cyclically Adjusted FCF per Share : $-0.65 (As of Sep. 2024)


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What is Firm Capital Apartment 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.

Firm Capital Apartment REIT's adjusted free cash flow per share for the three months ended in Sep. 2024 was $0.083. 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 $-0.65 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% 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 Firm Capital Apartment REIT was 20.80% per year. The lowest was 9.10% per year. And the median was 16.60% per year.

As of today (2025-04-15), Firm Capital Apartment REIT's current stock price is $3.00. Firm Capital Apartment REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-0.65. Firm Capital Apartment REIT's Cyclically Adjusted Price-to-FCF of today is .


Firm Capital Apartment REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Firm Capital Apartment 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.

Firm Capital Apartment REIT Cyclically Adjusted FCF per Share Chart

Firm Capital Apartment 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 -2.12 -1.10 -0.88 - -1.22

Firm Capital Apartment REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.06 -1.22 -0.75 -0.67 -0.65

Competitive Comparison of Firm Capital Apartment REIT's Cyclically Adjusted FCF per Share

For the REIT - Residential subindustry, Firm Capital Apartment 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.


Firm Capital Apartment REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Apartment REIT's Cyclically Adjusted Price-to-FCF falls into.


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Firm Capital Apartment 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, Firm Capital Apartment REIT's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.083/127.2847*127.2847
=0.083

Current CPI (Sep. 2024) = 127.2847.

Firm Capital Apartment REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.561 98.367 -0.726
201503 -1.043 99.789 -1.330
201506 -0.664 100.500 -0.841
201509 -0.255 100.421 -0.323
201512 -0.590 99.947 -0.751
201603 -0.836 101.054 -1.053
201606 -0.366 102.002 -0.457
201609 -0.449 101.765 -0.562
201612 -0.101 101.449 -0.127
201703 -0.136 102.634 -0.169
201706 -0.001 103.029 -0.001
201709 -0.094 103.345 -0.116
201712 -0.071 103.345 -0.087
201803 -0.092 105.004 -0.112
201806 0.027 105.557 0.033
201809 0.061 105.636 0.074
201812 0.033 105.399 0.040
201903 0.005 106.979 0.006
201906 0.052 107.690 0.061
201909 0.048 107.611 0.057
201912 -0.055 107.769 -0.065
202003 0.006 107.927 0.007
202006 0.057 108.401 0.067
202009 0.129 108.164 0.152
202012 -0.213 108.559 -0.250
202103 0.195 110.298 0.225
202106 0.001 111.720 0.001
202109 0.189 112.905 0.213
202112 -0.049 113.774 -0.055
202203 -0.038 117.646 -0.041
202206 0.017 120.806 0.018
202209 0.121 120.648 0.128
202212 0.000 120.964 0.000
202303 -0.167 122.702 -0.173
202306 -0.119 124.203 -0.122
202309 0.035 125.230 0.036
202312 -0.066 125.072 -0.067
202403 -0.063 126.258 -0.064
202406 -0.223 127.522 -0.223
202409 0.083 127.285 0.083

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


Firm Capital Apartment REIT  (OTCPK:FCAFF) 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.


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.


Firm Capital Apartment REIT Cyclically Adjusted FCF per Share Related Terms

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


Firm Capital Apartment REIT Business Description

Industry
Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Apartment REIT is a multi-residential real estate investment entity that pursues real estate and debt investments through two platforms namely Income Producing Real Estate Investments that acquire income-producing real estate assets in cities across the United States, and Mortgage Debt Investments that provide multi-residential real estate debt and equity lending platform in cities across the United States focused on providing all forms of bridge mortgage loans and joint venture capital. The Trust has a portfolio in two geographical areas; the U.S. Sunbelt which includes properties in Texas, Florida and Georgia. This represents 67% of the Investment Portfolio. The U.S. Northeast includes properties in New York, New Jersey, Maryland, and Connecticut.