LTC Properties (FRA:LTP) Cyclically Adjusted FCF per Share: €2.95 (As of Mar. 2026)


FRA:LTP LTC Properties Inc FRA:LTP
87 GF Score
Price €33.88
GF Value €43.08
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is LTC Properties Cyclically Adjusted FCF per Share?

LTC Properties FRA:LTP -0.35% 87 Cyclically Adjusted FCF per Share is €2.95 as of Mar. 2026. GuruFocus rates FRA:LTP with a GF Score™ of 87/100 and a GF Value™ of €43.08 (Modestly Undervalued). The stock has 6 warning signs investors should review.

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.

LTC Properties's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.543. 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 €2.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LTC Properties's average Cyclically Adjusted FCF Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.50% 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 LTC Properties was 47.00% per year. The lowest was -13.20% per year. And the median was 6.40% per year.

As of today (2026-07-08), LTC Properties's current stock price is €33.88. LTC Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.95. LTC Properties's Cyclically Adjusted Price-to-FCF of today is 11.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LTC Properties was 30.76. The lowest was 9.40. And the median was 13.83.


LTC Properties  (FRA:LTP) 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.

LTC Properties's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.88/2.95
=11.48

* 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 LTC Properties was 30.76. The lowest was 9.40. And the median was 13.83.


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.


LTC Properties Cyclically Adjusted FCF per Share Related Terms


LTC Properties Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for LTC Properties'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.

LTC Properties Cyclically Adjusted FCF per Share Chart

LTC Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 3.00 2.97 3.08 2.78

LTC Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.06 2.79 2.80 2.78 2.95

FRA:LTP vs SILA, DHC, MPT: Cyclically Adjusted FCF per Share Comparison

For the REIT - Healthcare Facilities subindustry, LTC Properties'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.


LTC Properties Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


FRA:LTP
87GF Score
LTC Properties Inc FRA:LTP
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LTC Properties 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, LTC Properties's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.543/330.2130*330.2130
=0.543

Current CPI (Mar. 2026) = 330.2130.

LTC Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.722 241.018 0.989
201609 0.647 241.428 0.885
201612 0.627 241.432 0.858
201703 0.493 243.801 0.668
201706 0.583 244.955 0.786
201709 0.602 246.819 0.805
201712 0.619 246.524 0.829
201803 0.439 249.554 0.581
201806 0.723 251.989 0.947
201809 0.595 252.439 0.778
201812 0.700 251.233 0.920
201903 0.589 254.202 0.765
201906 0.775 256.143 0.999
201909 0.643 256.759 0.827
201912 0.732 256.974 0.941
202003 0.542 258.115 0.693
202006 0.719 257.797 0.921
202009 0.649 260.280 0.823
202012 0.638 260.474 0.809
202103 0.456 264.877 0.568
202106 0.580 271.696 0.705
202109 0.454 274.310 0.547
202112 0.488 278.802 0.578
202203 0.428 287.504 0.492
202206 0.713 296.311 0.795
202209 0.606 296.808 0.674
202212 0.763 296.797 0.849
202303 0.409 301.836 0.447
202306 0.638 305.109 0.690
202309 0.737 307.789 0.791
202312 0.560 306.746 0.603
202403 0.450 312.332 0.476
202406 0.790 314.175 0.830
202409 0.689 315.301 0.722
202412 0.712 315.605 0.745
202503 0.599 319.799 0.619
202506 0.566 322.561 0.579
202509 0.710 324.800 0.722
202512 0.676 324.054 0.689
202603 0.543 330.213 0.543

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

What does a Cyclically Adjusted FCF per Share of €2.95 mean?
LTC Properties (FRA:LTP) has a Cyclically Adjusted FCF per Share of €2.95 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on LTC Properties and its competitors.
Is LTC Properties' Cyclically Adjusted FCF per Share too high?
LTC Properties' current Cyclically Adjusted FCF per Share is €2.95. Overall, LTC Properties has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LTC Properties' Cyclically Adjusted FCF per Share compare to SILA and DHC?
LTC Properties' Cyclically Adjusted FCF per Share of €2.95 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on LTC Properties and its competitors. LTC Properties's current Cyclically Adjusted FCF per Share is €2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LTC Properties stock overvalued right now?
Based on GuruFocus' analysis, LTC Properties (FRA:LTP) is currently considered Modestly Undervalued. The stock's GF Value™ is €43.08, compared to a current price of €33.88 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.95. LTC Properties' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For LTC Properties (FRA:LTP), the current Cyclically Adjusted FCF per Share is €2.95 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LTC Properties (FRA:LTP) Overvalued in 2026?

Based on GuruFocus' analysis, LTC Properties stock appears to be undervalued. The current stock price of €33.88 is trading 21.4% below its estimated GF Value™ of €43.08. GuruFocus considers LTC Properties to be Modestly Undervalued.

Key valuation signals for FRA:LTP:

  • Cyclically Adjusted FCF per Share: €2.95
  • GF Value™: €43.08 vs. price of €33.88 (21.4% below fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the FRA:LTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LTC Properties Business Description

Industry Real EstateREITs
Address 3011 Townsgate Road, Suite 220, Westlake Village, CA, USA, 91361
LTC Properties Inc is a real estate investment trust. It invests in seniors housing and health care properties, mainly through ownership, sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity, bridge, and mezzanine lending. The company's investment portfolio comprises several properties located throughout the USA, the majority of which are seniors housing and skilled nursing properties. The firm conducts and manages its business as two operating segments: Real Estate Investments, which generates maximum revenue, and SHOP.
87GF Score

Get the complete analysis for FRA:LTP

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€33.88
Price
€43.08
GF Value