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Lument Finance Trust (Lument Finance Trust) Cyclically Adjusted FCF per Share : $0.56 (As of Dec. 2023)


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What is Lument Finance 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.

Lument Finance Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.177. 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 $0.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lument Finance Trust's average Cyclically Adjusted FCF Growth Rate was -9.70% 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.

As of today (2024-05-01), Lument Finance Trust's current stock price is $2.36. Lument Finance Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.56. Lument Finance Trust's Cyclically Adjusted Price-to-FCF of today is 4.21.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Lument Finance Trust was 4.54. The lowest was 2.06. And the median was 3.34.


Lument Finance Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lument Finance 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.

Lument Finance Trust Cyclically Adjusted FCF per Share Chart

Lument Finance 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 - - - 0.62 0.56

Lument Finance 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 0.62 0.78 0.67 0.59 0.56

Competitive Comparison of Lument Finance Trust's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, Lument Finance 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.


Lument Finance Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Lument Finance 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, Lument Finance 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)
=0.177/129.4194*129.4194
=0.177

Current CPI (Dec. 2023) = 129.4194.

Lument Finance Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.308 99.695 0.400
201406 0.361 100.560 0.465
201409 0.323 100.428 0.416
201412 0.570 99.070 0.745
201503 0.147 99.621 0.191
201506 0.043 100.684 0.055
201509 -0.005 100.392 -0.006
201512 -0.051 99.792 -0.066
201603 0.043 100.470 0.055
201606 -0.105 101.688 -0.134
201609 0.089 101.861 0.113
201612 0.125 101.863 0.159
201703 -0.072 102.862 -0.091
201706 0.024 103.349 0.030
201709 0.078 104.136 0.097
201712 0.143 104.011 0.178
201803 0.077 105.290 0.095
201806 0.158 106.317 0.192
201809 0.213 106.507 0.259
201812 0.048 105.998 0.059
201903 0.101 107.251 0.122
201906 -0.007 108.070 -0.008
201909 0.114 108.329 0.136
201912 0.086 108.420 0.103
202003 0.091 108.902 0.108
202006 0.107 108.767 0.127
202009 0.133 109.815 0.157
202012 0.138 109.897 0.163
202103 0.127 111.754 0.147
202106 0.156 114.631 0.176
202109 0.195 115.734 0.218
202112 0.077 117.630 0.085
202203 0.125 121.301 0.133
202206 0.072 125.017 0.075
202209 0.066 125.227 0.068
202212 0.087 125.222 0.090
202303 0.112 127.348 0.114
202306 0.081 128.729 0.081
202309 0.104 129.860 0.104
202312 0.177 129.419 0.177

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


Lument Finance Trust  (NYSE:LFT) 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.

Lument Finance Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.36/0.56
=4.21

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Lument Finance Trust was 4.54. The lowest was 2.06. And the median was 3.34.


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.


Lument Finance Trust Cyclically Adjusted FCF per Share Related Terms

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


Lument Finance Trust (Lument Finance Trust) Business Description

Industry
Traded in Other Exchanges
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.
Executives
William A Houlihan director 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
James J Henson officer: PRESIDENT LUMENT FINANCE TRUST, INC., 10 W BROAD ST., 8TH FLOOR, COLUMBUS OH 43215
Walter C Keenan director C/O FIVE OAKS INVESTMENT CORP., 540 MADISON AVE, 19TH FLOOR, NEW YORK NY 10022
James Christopher Hunt director 4401 NORTH MESA, EL PASO TX 79902
James A Briggs officer: Chief Financial Officer C/O HUNT COMPANIES FINANCE TRUST INC., 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
James Peter Flynn officer: Chief Executive Officer 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Companies, Inc. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Orec Investment Holdings, Llc 10 percent owner 2001 ROSS AVENUE, SUITE 1900, DALLAS TX 75201
Hunt Capital Holdings Investments, Llc 10 percent owner 4401 NORTH MESA STREET, EL PASO TX 79902
Hunt Companies Equity Holdings, Llc 10 percent owner 230 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10169
Hunt Company, Llc 10 percent owner 9120 DOUBLE DIAMOND PARKWAY, RENO NV 89521
Hb Gp, Llc 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Hunt Elp, Ltd. 10 percent owner 4401 NORTH MESA, EL PASO TX 79902
Woody L Hunt 10 percent owner 4401 NORTH MESA, EL PASO TX 79902