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HomeFed (HomeFed) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2019)


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What is HomeFed 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.

HomeFed's adjusted free cash flow per share for the three months ended in Mar. 2019 was $0.139. 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. 2019.

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 (2024-05-22), HomeFed's current stock price is $38.39. HomeFed's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 was $0.00. HomeFed's Cyclically Adjusted Price-to-FCF of today is .


HomeFed Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HomeFed'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.

HomeFed Cyclically Adjusted FCF per Share Chart

HomeFed Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted FCF per Share
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HomeFed Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of HomeFed's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, HomeFed'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.


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

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

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



HomeFed 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, HomeFed's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=0.139/107.2505*107.2505
=0.139

Current CPI (Mar. 2019) = 107.2505.

HomeFed Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 -0.636 91.003 -0.750
200909 -0.224 91.120 -0.264
200912 0.417 91.111 0.491
201003 -0.364 91.821 -0.425
201006 -0.374 91.962 -0.436
201009 -0.009 92.162 -0.010
201012 3.754 92.474 4.354
201103 -1.561 94.283 -1.776
201106 -0.354 95.235 -0.399
201109 -0.133 95.727 -0.149
201112 2.302 95.213 2.593
201203 -2.737 96.783 -3.033
201206 -0.358 96.819 -0.397
201209 -0.335 97.633 -0.368
201212 2.800 96.871 3.100
201303 -0.093 98.209 -0.102
201306 -0.325 98.518 -0.354
201309 -0.315 98.790 -0.342
201312 4.549 98.326 4.962
201403 -1.843 99.695 -1.983
201406 0.373 100.560 0.398
201409 -0.375 100.428 -0.400
201412 0.651 99.070 0.705
201503 -0.662 99.621 -0.713
201506 -1.204 100.684 -1.283
201509 -9.329 100.392 -9.966
201512 1.113 99.792 1.196
201603 -0.740 100.470 -0.790
201606 0.413 101.688 0.436
201609 -0.404 101.861 -0.425
201612 -0.559 101.863 -0.589
201703 0.621 102.862 0.647
201706 0.112 103.349 0.116
201709 -1.003 104.136 -1.033
201712 -0.879 104.011 -0.906
201803 -1.001 105.290 -1.020
201806 -1.308 106.317 -1.319
201809 1.365 106.507 1.375
201812 0.252 105.998 0.255
201903 0.139 107.251 0.139

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


HomeFed  (OTCPK:HOFD) 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.


HomeFed Cyclically Adjusted FCF per Share Related Terms

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


HomeFed (HomeFed) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008
HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.
Executives
Brian P Friedman director
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue director 1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming director PO BOX 4902, JACKSON WY 83001