Equity Lifestyle Properties (MEX:ELS) Cyclically Adjusted FCF per Share: MXN34.81 (As of Mar. 2026)


MEX:ELS Equity Lifestyle Properties Inc MEX:ELS
86 GF Score
Price MXN1,332.85
GF Value MXN1,379.52
! 3 Warning Signs
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What is Equity Lifestyle Properties Cyclically Adjusted FCF per Share?

Equity Lifestyle Properties MEX:ELS 86 Cyclically Adjusted FCF per Share is MXN34.81 as of Mar. 2026. GuruFocus rates MEX:ELS with a GF Score™ of 86/100 and a GF Value™ of MXN1,379.52. The stock has 3 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.

Equity Lifestyle Properties's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN13.418. 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 MXN34.81 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Equity Lifestyle Properties's average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Equity Lifestyle Properties was 46.60% per year. The lowest was 2.30% per year. And the median was 7.95% per year.

As of today (2026-07-05), Equity Lifestyle Properties's current stock price is MXN1332.85. Equity Lifestyle Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN34.81. Equity Lifestyle Properties's Cyclically Adjusted Price-to-FCF of today is 38.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Equity Lifestyle Properties was 66.26. The lowest was 32.41. And the median was 43.67.


Equity Lifestyle Properties  (MEX:ELS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1332.85/34.81
=38.29

* 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 Equity Lifestyle Properties was 66.26. The lowest was 32.41. And the median was 43.67.


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.


Equity Lifestyle Properties Cyclically Adjusted FCF per Share Related Terms


Equity Lifestyle Properties Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Equity Lifestyle 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.

Equity Lifestyle Properties Cyclically Adjusted FCF per Share Chart

Equity Lifestyle 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 0.00 0.00 24.12 27.06 34.97

Equity Lifestyle 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 31.97 34.36 35.13 34.97 34.81

MEX:ELS vs AMH, UDR, CPT: Cyclically Adjusted FCF per Share Comparison

For the REIT - Residential subindustry, Equity Lifestyle 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.


Equity Lifestyle Properties Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


MEX:ELS
86GF Score
Equity Lifestyle Properties Inc MEX:ELS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equity Lifestyle 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, Equity Lifestyle 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)
=13.418/330.2130*330.2130
=13.418

Current CPI (Mar. 2026) = 330.2130.

Equity Lifestyle Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 5.194 241.018 7.116
201609 5.844 241.428 7.993
201612 5.058 241.432 6.918
201703 9.056 243.801 12.266
201706 6.802 244.955 9.169
201709 5.438 246.819 7.275
201712 3.800 246.524 5.090
201803 8.681 249.554 11.487
201806 6.043 251.989 7.919
201809 4.687 252.439 6.131
201812 3.706 251.233 4.871
201903 7.674 254.202 9.969
201906 4.764 256.143 6.142
201909 3.727 256.759 4.793
201912 2.545 256.974 3.270
202003 9.977 258.115 12.764
202006 6.433 257.797 8.240
202009 8.056 260.280 10.221
202012 4.509 260.474 5.716
202103 12.365 264.877 15.415
202106 9.571 271.696 11.632
202109 4.307 274.310 5.185
202112 5.852 278.802 6.931
202203 9.554 287.504 10.973
202206 8.218 296.311 9.158
202209 4.716 296.808 5.247
202212 0.732 296.797 0.814
202303 9.042 301.836 9.892
202306 1.739 305.109 1.882
202309 6.209 307.789 6.661
202312 3.772 306.746 4.061
202403 12.225 312.332 12.925
202406 7.555 314.175 7.941
202409 9.178 315.301 9.612
202412 4.136 315.605 4.327
202503 15.153 319.799 15.646
202506 6.759 322.561 6.919
202509 6.942 324.800 7.058
202512 3.446 324.054 3.511
202603 13.418 330.213 13.418

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 MXN34.81 mean?
Equity Lifestyle Properties (MEX:ELS) has a Cyclically Adjusted FCF per Share of MXN34.81 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 Equity Lifestyle Properties and its competitors.
Is Equity Lifestyle Properties' Cyclically Adjusted FCF per Share too high?
Equity Lifestyle Properties' current Cyclically Adjusted FCF per Share is MXN34.81. Overall, Equity Lifestyle Properties has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Equity Lifestyle Properties' Cyclically Adjusted FCF per Share compare to AMH and UDR?
Equity Lifestyle Properties' Cyclically Adjusted FCF per Share of MXN34.81 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 Equity Lifestyle Properties and its competitors. Equity Lifestyle Properties's current Cyclically Adjusted FCF per Share is MXN34.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Lifestyle Properties stock overvalued right now?
Equity Lifestyle Properties (MEX:ELS) has a current Cyclically Adjusted FCF per Share of MXN34.81. The stock's GF Value™ is MXN1,379.52, compared to a current price of MXN1,332.85 — trading 3.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN34.81. Equity Lifestyle Properties' overall GF Score™ is 86/100 with 3 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 Equity Lifestyle Properties (MEX:ELS), the current Cyclically Adjusted FCF per Share is MXN34.81 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 Equity Lifestyle Properties (MEX:ELS) Overvalued in 2026?

Based on GuruFocus' analysis, Equity Lifestyle Properties stock appears to be undervalued. The current stock price of MXN1,332.85 is trading 3.4% below its estimated GF Value™ of MXN1,379.52.

Key valuation signals for MEX:ELS:

  • Cyclically Adjusted FCF per Share: MXN34.81
  • GF Value™: MXN1,379.52 vs. price of MXN1,332.85 (3.4% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Equity Lifestyle Properties Business Description

Industry Real EstateREITs
Address Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 455 properties across the US with a higher concentration in the Sunbelt; 38% of the company's properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
86GF Score

Get the complete analysis for MEX:ELS

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

MXN1,332.85
Price
MXN1,379.52
GF Value