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Arbor Realty Trust (FRA:OWQ) Cyclically Adjusted FCF per Share : €1.00 (As of Dec. 2023)


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What is Arbor Realty Trust 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.

Arbor Realty Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.318. 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 €1.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Arbor Realty Trust's average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 58.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% 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 Arbor Realty Trust was 58.20% per year. The lowest was -36.80% per year. And the median was -26.10% per year.

As of today (2024-05-01), Arbor Realty Trust's current stock price is €11.96. Arbor Realty Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.00. Arbor Realty Trust's Cyclically Adjusted Price-to-FCF of today is 11.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Arbor Realty Trust was 123.25. The lowest was 2.58. And the median was 12.31.


Arbor Realty Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Arbor Realty Trust'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.

Arbor Realty Trust Cyclically Adjusted FCF per Share Chart

Arbor Realty Trust 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 0.27 0.22 0.42 0.96 1.00

Arbor Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.96 0.92 0.96 1.00 1.00

Competitive Comparison of Arbor Realty Trust's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, Arbor Realty Trust'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.


Arbor Realty Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Arbor Realty Trust's Cyclically Adjusted Price-to-FCF falls into.



Arbor Realty Trust 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, Arbor Realty Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.318/129.4194*129.4194
=0.318

Current CPI (Dec. 2023) = 129.4194.

Arbor Realty Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.066 99.695 0.086
201406 0.129 100.560 0.166
201409 0.174 100.428 0.224
201412 0.096 99.070 0.125
201503 0.041 99.621 0.053
201506 0.302 100.684 0.388
201509 0.281 100.392 0.362
201512 0.013 99.792 0.017
201603 0.067 100.470 0.086
201606 0.238 101.688 0.303
201609 1.665 101.861 2.115
201612 -6.330 101.863 -8.042
201703 0.920 102.862 1.158
201706 2.636 103.349 3.301
201709 0.807 104.136 1.003
201712 0.723 104.011 0.900
201803 0.199 105.290 0.245
201806 -0.021 106.317 -0.026
201809 -1.864 106.507 -2.265
201812 1.371 105.998 1.674
201903 2.202 107.251 2.657
201906 -2.696 108.070 -3.229
201909 1.042 108.329 1.245
201912 -2.032 108.420 -2.426
202003 -1.609 108.902 -1.912
202006 5.164 108.767 6.145
202009 -1.457 109.815 -1.717
202012 -1.473 109.897 -1.735
202103 2.866 111.754 3.319
202106 1.278 114.631 1.443
202109 -3.861 115.734 -4.318
202112 1.156 117.630 1.272
202203 4.098 121.301 4.372
202206 -0.351 125.017 -0.363
202209 0.228 125.227 0.236
202212 1.298 125.222 1.342
202303 -0.247 127.348 -0.251
202306 0.677 128.729 0.681
202309 0.241 129.860 0.240
202312 0.318 129.419 0.318

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


Arbor Realty Trust  (FRA:OWQ) 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.

Arbor Realty Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.96/1
=11.96

* 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 Arbor Realty Trust was 123.25. The lowest was 2.58. And the median was 12.31.


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.


Arbor Realty Trust Cyclically Adjusted FCF per Share Related Terms

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


Arbor Realty Trust (FRA:OWQ) Business Description

Industry
Traded in Other Exchanges
Address
333 Earle Ovington Boulevard, Suite 900, Uniondale, NY, USA, 11553
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.

Arbor Realty Trust (FRA:OWQ) Headlines

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