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Global Medical REIT (FRA:3UN) Cyclically Adjusted FCF per Share : €-11.94 (As of Mar. 2024)


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What is Global Medical 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.

Global Medical REIT's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.172. 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 €-11.94 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-20), Global Medical REIT's current stock price is €8.415. Global Medical REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-11.94. Global Medical REIT's Cyclically Adjusted Price-to-FCF of today is .


Global Medical REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Global Medical 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.

Global Medical REIT Cyclically Adjusted FCF per Share Chart

Global Medical REIT Annual Data
Trend Aug14 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 - - -11.82 -12.30 -12.07

Global Medical 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 -12.16 -12.31 -12.78 -12.07 -11.94

Competitive Comparison of Global Medical REIT's Cyclically Adjusted FCF per Share

For the REIT - Healthcare Facilities subindustry, Global Medical 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.


Global Medical REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Global Medical REIT's Cyclically Adjusted Price-to-FCF falls into.



Global Medical 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, Global Medical 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)
=0.172/131.7762*131.7762
=0.172

Current CPI (Mar. 2024) = 131.7762.

Global Medical REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.200 100.373 -0.263
201408 -0.612 100.352 -0.804
201411 0.416 99.635 0.550
201503 -0.512 99.621 -0.677
201506 0.460 100.684 0.602
201509 -0.244 100.392 -0.320
201512 -0.472 99.792 -0.623
201603 -56.125 100.470 -73.613
201606 0.568 101.688 0.736
201609 -1.672 101.861 -2.163
201612 -4.409 101.863 -5.704
201703 -5.571 102.862 -7.137
201706 -1.929 103.349 -2.460
201709 -2.416 104.136 -3.057
201712 -1.347 104.011 -1.707
201803 -2.115 105.290 -2.647
201806 -2.136 106.317 -2.648
201809 -0.251 106.507 -0.311
201812 -1.609 105.998 -2.000
201903 -0.475 107.251 -0.584
201906 -2.159 108.070 -2.633
201909 -1.434 108.329 -1.744
201912 -1.550 108.420 -1.884
202003 -1.155 108.902 -1.398
202006 0.076 108.767 0.092
202009 -1.200 109.815 -1.440
202012 -1.109 109.897 -1.330
202103 -0.454 111.754 -0.535
202106 -0.750 114.631 -0.862
202109 -0.423 115.734 -0.482
202112 -0.234 117.630 -0.262
202203 -0.119 121.301 -0.129
202206 -0.764 125.017 -0.805
202209 -0.532 125.227 -0.560
202212 0.236 125.222 0.248
202303 0.213 127.348 0.220
202306 0.224 128.729 0.229
202309 0.189 129.860 0.192
202312 0.200 129.419 0.204
202403 0.172 131.776 0.172

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


Global Medical REIT  (FRA:3UN) 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.


Global Medical REIT Cyclically Adjusted FCF per Share Related Terms

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


Global Medical REIT (FRA:3UN) Business Description

Industry
Traded in Other Exchanges
Address
7373 Wisconsin Avenue, Suite 800, Bethesda, MD, USA, 20814
Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.

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