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PLYM (Plymouth Industrial REIT) Cyclically Adjusted FCF per Share : $1.41 (As of Sep. 2024)


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What is Plymouth Industrial REIT 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.

Plymouth Industrial REIT's adjusted free cash flow per share for the three months ended in Sep. 2024 was $0.390. 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 $1.41 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Plymouth Industrial REIT's average Cyclically Adjusted FCF Growth Rate was 25.90% 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 (2025-01-18), Plymouth Industrial REIT's current stock price is $16.65. Plymouth Industrial REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $1.41. Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF of today is 11.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Plymouth Industrial REIT was 54.89. The lowest was 11.74. And the median was 22.42.


Plymouth Industrial REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Plymouth Industrial REIT'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.

Plymouth Industrial REIT Cyclically Adjusted FCF per Share Chart

Plymouth Industrial REIT 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 - - 0.61 0.87 1.20

Plymouth Industrial REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.12 1.20 1.28 1.35 1.41

Competitive Comparison of Plymouth Industrial REIT's Cyclically Adjusted FCF per Share

For the REIT - Industrial subindustry, Plymouth Industrial REIT'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.


Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Plymouth Industrial REIT 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, Plymouth Industrial REIT's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.39/133.0289*133.0289
=0.390

Current CPI (Sep. 2024) = 133.0289.

Plymouth Industrial REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.000 99.070 -1.343
201503 -0.473 99.621 -0.632
201506 -0.328 100.684 -0.433
201509 -0.255 100.392 -0.338
201512 -0.144 99.792 -0.192
201603 0.120 100.470 0.159
201606 0.249 101.688 0.326
201609 0.767 101.861 1.002
201612 -1.075 101.863 -1.404
201703 0.099 102.862 0.128
201706 -2.395 103.349 -3.083
201709 0.570 104.136 0.728
201712 2.042 104.011 2.612
201803 0.099 105.290 0.125
201806 0.725 106.317 0.907
201809 0.671 106.507 0.838
201812 1.939 105.998 2.433
201903 -1.081 107.251 -1.341
201906 0.968 108.070 1.192
201909 1.176 108.329 1.444
201912 0.708 108.420 0.869
202003 0.437 108.902 0.534
202006 0.974 108.767 1.191
202009 0.521 109.815 0.631
202012 0.442 109.897 0.535
202103 0.544 111.754 0.648
202106 0.402 114.631 0.467
202109 0.245 115.734 0.282
202112 0.674 117.630 0.762
202203 0.394 121.301 0.432
202206 0.546 125.017 0.581
202209 0.564 125.227 0.599
202212 0.314 125.222 0.334
202303 0.437 127.348 0.456
202306 0.490 128.729 0.506
202309 0.538 129.860 0.551
202312 0.412 129.419 0.423
202403 0.369 131.776 0.373
202406 0.441 132.554 0.443
202409 0.390 133.029 0.390

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


Plymouth Industrial REIT  (NYSE:PLYM) 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.

Plymouth Industrial REIT's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.65/1.41
=11.81

* 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 Plymouth Industrial REIT was 54.89. The lowest was 11.74. And the median was 22.42.


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.


Plymouth Industrial REIT Cyclically Adjusted FCF per Share Related Terms

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


Plymouth Industrial REIT Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Custom House Street, 11th Floor, Boston, MA, USA, 02110
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is Industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois and Georgia, among others. It receives income primarily from the rental revenue through its properties.
Executives
Jeffrey E Witherell director, officer: CEO C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Pendleton P White director, officer: President and CIO C/O CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Mirelf Vi Reit Investments Iv, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, 3RD FLOOR NY 10022
Vi Reit Mirelf 10 percent owner C/O MADISON INTERNATIONAL REALTY, LLC, 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mirelf Vi (u.s.), Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Holdings Vi, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners Gp, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Partners, Lp 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Madison International Realty Holdings, Llc 10 percent owner 300 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Ronald Dickerman 10 percent owner 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Anthony Saladino officer: EVP/CFO 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Guinee John W Iii director 600 EAST 96TH ST STE 100, INDIANAPOLIS IN 46240
Caitlin Murphy director 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110
Philip S Cottone director C/O 20 CUSTOM HOUSE STREET, 11TH FLOOR, BOSTON MA 02110