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Ventas (MEX:VTR) Cyclically Adjusted FCF per Share : MXN53.35 (As of Mar. 2025)


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What is Ventas 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.

Ventas's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN9.343. 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 MXN53.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Ventas's average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% 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 Ventas was 114.70% per year. The lowest was -4.60% per year. And the median was 11.60% per year.

As of today (2025-05-22), Ventas's current stock price is MXN1329.14. Ventas's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN53.35. Ventas's Cyclically Adjusted Price-to-FCF of today is 24.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ventas was 161.83. The lowest was 6.86. And the median was 18.20.


Ventas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ventas'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.

Ventas Cyclically Adjusted FCF per Share Chart

Ventas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 71.30 81.41 59.40 61.23

Ventas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 67.32 52.79 53.83 61.23 53.35

Competitive Comparison of Ventas's Cyclically Adjusted FCF per Share

For the REIT - Healthcare Facilities subindustry, Ventas'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.


Ventas's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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


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Ventas 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, Ventas's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.343/134.9266*134.9266
=9.343

Current CPI (Mar. 2025) = 134.9266.

Ventas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 15.132 100.684 20.278
201509 12.264 100.392 16.483
201512 16.147 99.792 21.832
201603 11.097 100.470 14.903
201606 17.570 101.688 23.313
201609 15.958 101.861 21.138
201612 14.829 101.863 19.642
201703 12.402 102.862 16.268
201706 14.562 103.349 19.011
201709 13.345 104.136 17.291
201712 11.411 104.011 14.803
201803 10.809 105.290 13.852
201806 16.372 106.317 20.778
201809 10.495 106.507 13.295
201812 11.153 105.998 14.197
201903 14.228 107.251 17.900
201906 15.349 108.070 19.163
201909 10.342 108.329 12.881
201912 6.171 108.420 7.680
202003 12.063 108.902 14.946
202006 17.965 108.767 22.286
202009 15.495 109.815 19.038
202012 9.032 109.897 11.089
202103 8.076 111.754 9.751
202106 9.181 114.631 10.806
202109 6.001 115.734 6.996
202112 7.976 117.630 9.149
202203 9.887 121.301 10.998
202206 8.950 125.017 9.659
202209 9.541 125.227 10.280
202212 4.587 125.222 4.942
202303 5.810 127.348 6.156
202306 7.780 128.729 8.155
202309 5.449 129.860 5.662
202312 1.504 129.419 1.568
202403 5.393 131.776 5.522
202406 8.152 132.554 8.298
202409 9.707 133.029 9.845
202412 9.932 133.157 10.064
202503 9.343 134.927 9.343

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


Ventas  (MEX:VTR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1329.14/53.35
=24.91

* 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 Ventas was 161.83. The lowest was 6.86. And the median was 18.20.


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.


Ventas Cyclically Adjusted FCF per Share Related Terms

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


Ventas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ventas Inc (MEX:VTR) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
300 North LaSalle Street, Suite 1600, Chicago, IL, USA, 60654
Ventas owns a diversified healthcare portfolio of almost 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes almost 100 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 1% of net operating income.