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Frasers Property (FRA:1IQ) Cyclically Adjusted FCF per Share : €0.23 (As of Sep. 2024)


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What is Frasers Property 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.

Frasers Property's adjusted free cash flow per share data for the fiscal year that ended in Sep. 2024 was €0.209. 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 €0.23 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Frasers Property's average Cyclically Adjusted FCF Growth Rate was 57.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 54.20% 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 Frasers Property was 54.20% per year. The lowest was 54.20% per year. And the median was 54.20% per year.

As of today (2025-04-24), Frasers Property's current stock price is € 0.52. Frasers Property's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep. 2024 was €0.23. Frasers Property's Cyclically Adjusted Price-to-FCF of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Frasers Property was 13.11. The lowest was 2.27. And the median was 5.70.


Frasers Property Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Frasers Property'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.

Frasers Property Cyclically Adjusted FCF per Share Chart

Frasers Property Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.06 0.11 0.14 0.23

Frasers Property Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.11 - 0.14 - 0.23

Competitive Comparison of Frasers Property's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Frasers Property'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.


Frasers Property's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Frasers Property's Cyclically Adjusted Price-to-FCF falls into.


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Frasers Property 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, Frasers Property's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.209/133.0289*133.0289
=0.209

Current CPI (Sep. 2024) = 133.0289.

Frasers Property Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 0.138 100.392 0.183
201609 0.232 101.861 0.303
201709 0.187 104.136 0.239
201809 0.090 106.507 0.112
201909 0.297 108.329 0.365
202009 -0.008 109.815 -0.010
202109 0.241 115.734 0.277
202209 0.197 125.227 0.209
202309 0.250 129.860 0.256
202409 0.209 133.029 0.209

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


Frasers Property  (FRA:1IQ) 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.

Frasers Property's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.52/0.23
=2.26

* 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 Frasers Property was 13.11. The lowest was 2.27. And the median was 5.70.


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.


Frasers Property Cyclically Adjusted FCF per Share Related Terms

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


Frasers Property Business Description

Industry
Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops, and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial, and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The company's operating segments include Singapore, Australia and Industrial, Hospitality, Thailand & Vietnam, and Others. It generates the majority of the revenue from the Singapore segment.

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