GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Morguard Real Estate Investment Trust (OTCPK:MGRUF) » Definitions » Cyclically Adjusted FCF per Share

MGRUF (Morguard Real Estate Investment Trust) Cyclically Adjusted FCF per Share : $0.46 (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Morguard Real Estate Investment 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.

Morguard Real Estate Investment Trust's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.087. 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 $0.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Morguard Real Estate Investment Trust's average Cyclically Adjusted FCF Growth Rate was -10.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.30% 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 Morguard Real Estate Investment Trust was 30.80% per year. The lowest was -9.00% per year. And the median was 18.90% per year.

As of today (2025-04-13), Morguard Real Estate Investment Trust's current stock price is $3.92. Morguard Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $0.46. Morguard Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF of today is 8.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Morguard Real Estate Investment Trust was 82.95. The lowest was 5.48. And the median was 9.25.


Morguard Real Estate Investment Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Morguard Real Estate Investment 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.

Morguard Real Estate Investment Trust Cyclically Adjusted FCF per Share Chart

Morguard Real Estate Investment Trust 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 0.57 0.70 0.61 0.56 0.46

Morguard Real Estate Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.56 0.54 0.52 0.50 0.46

Competitive Comparison of Morguard Real Estate Investment Trust's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, Morguard Real Estate Investment 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.


Morguard Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Morguard Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF falls into.


;
;

Morguard Real Estate Investment 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, Morguard Real Estate Investment Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.087/127.3637*127.3637
=0.087

Current CPI (Dec. 2024) = 127.3637.

Morguard Real Estate Investment Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.106 99.789 0.135
201506 0.230 100.500 0.291
201509 0.152 100.421 0.193
201512 0.277 99.947 0.353
201603 0.170 101.054 0.214
201606 0.154 102.002 0.192
201609 0.277 101.765 0.347
201612 0.117 101.449 0.147
201703 0.075 102.634 0.093
201706 0.071 103.029 0.088
201709 0.070 103.345 0.086
201712 0.208 103.345 0.256
201803 0.156 105.004 0.189
201806 -0.027 105.557 -0.033
201809 0.033 105.636 0.040
201812 0.077 105.399 0.093
201903 0.051 106.979 0.061
201906 0.141 107.690 0.167
201909 0.129 107.611 0.153
201912 0.125 107.769 0.148
202003 0.104 107.927 0.123
202006 -0.166 108.401 -0.195
202009 0.116 108.164 0.137
202012 0.129 108.559 0.151
202103 0.205 110.298 0.237
202106 0.205 111.720 0.234
202109 0.103 112.905 0.116
202112 0.219 113.774 0.245
202203 0.086 117.646 0.093
202206 0.089 120.806 0.094
202209 0.136 120.648 0.144
202212 0.096 120.964 0.101
202303 0.078 122.702 0.081
202306 -0.038 124.203 -0.039
202309 0.144 125.230 0.146
202312 0.128 125.072 0.130
202403 -0.029 126.258 -0.029
202406 -0.047 127.522 -0.047
202409 0.083 127.285 0.083
202412 0.087 127.364 0.087

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


Morguard Real Estate Investment Trust  (OTCPK:MGRUF) 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.

Morguard Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.92/0.46
=8.52

* 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 Morguard Real Estate Investment Trust was 82.95. The lowest was 5.48. And the median was 9.25.


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.


Morguard Real Estate Investment Trust Cyclically Adjusted FCF per Share Related Terms

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


Morguard Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.