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IMW Immobilien SE (FRA:GARY) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2015)


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What is IMW Immobilien SE 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.

IMW Immobilien SE's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2015 was €0.215. 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 €0.00 for the trailing ten years ended in Mar. 2015.

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 (2024-05-23), IMW Immobilien SE's current stock price is € 6.55. IMW Immobilien SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2015 was €0.00. IMW Immobilien SE's Cyclically Adjusted Price-to-FCF of today is .


IMW Immobilien SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for IMW Immobilien SE'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.

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IMW Immobilien SE Cyclically Adjusted FCF per Share Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted FCF per Share
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IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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Competitive Comparison of IMW Immobilien SE's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where IMW Immobilien SE's Cyclically Adjusted Price-to-FCF falls into.



IMW Immobilien SE 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, IMW Immobilien SE's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=0.215/99.7166*99.7166
=0.215

Current CPI (Mar. 2015) = 99.7166.

IMW Immobilien SE Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200603 1.334 87.228 1.525
200703 2.129 88.907 2.388
200803 0.335 91.706 0.364
200903 0.000 92.079 0.000
201003 0.000 93.199 0.000
201103 0.177 95.065 0.186
201203 0.155 97.117 0.159
201303 0.314 98.516 0.318
201403 0.403 99.543 0.404
201503 0.215 99.717 0.215

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


IMW Immobilien SE  (FRA:GARY) 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.


IMW Immobilien SE Cyclically Adjusted FCF per Share Related Terms

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


IMW Immobilien SE (FRA:GARY) Business Description

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IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

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