SBBSF (Alpha Integrated REIT) Cyclically Adjusted FCF per Share: $0.03 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SBBSF Alpha Integrated REIT SBBSF
44 GF Score
Price $0.44
GF Value $0.33
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Alpha Integrated REIT Cyclically Adjusted FCF per Share?

Alpha Integrated REIT SBBSF 44 Cyclically Adjusted FCF per Share is $0.03 as of Jun. 2026. GuruFocus rates SBBSF with a GF Score™ of 44/100 and a GF Value™ of $0.33 (Significantly Overvalued). The stock has 11 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.

Alpha Integrated REIT's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was $0.041. 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 $0.03 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Alpha Integrated REIT's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.30% 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 Alpha Integrated REIT was -5.00% per year. The lowest was -12.60% per year. And the median was -10.60% per year.

As of today (2026-09-06), Alpha Integrated REIT's current stock price is $ 0.4364. Alpha Integrated REIT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was $0.03. Alpha Integrated REIT's Cyclically Adjusted Price-to-FCF of today is 14.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alpha Integrated REIT was 13.00. The lowest was 5.00. And the median was 6.43.


Alpha Integrated REIT  (OTCPK:SBBSF) 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.

Alpha Integrated REIT's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.4364/0.03
=14.55

* 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 Alpha Integrated REIT was 13.00. The lowest was 5.00. And the median was 6.43.


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.


Alpha Integrated REIT Cyclically Adjusted FCF per Share Related Terms


Alpha Integrated REIT Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Alpha Integrated 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.

Alpha Integrated REIT Cyclically Adjusted FCF per Share Chart

Alpha Integrated REIT 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 0.04 0.04 0.04 0.03 0.03

Alpha Integrated REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.05 0.03 0.04 0.03 0.00

SBBSF vs PLD, PSA, EXR: Cyclically Adjusted FCF per Share Comparison

For the REIT - Industrial subindustry, Alpha Integrated 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.


Alpha Integrated REIT Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


SBBSF
44GF Score
Alpha Integrated REIT SBBSF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Integrated 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, Alpha Integrated REIT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.041/324.0540*324.0540
=0.041

Current CPI (Dec. 2025) = 324.0540.

Alpha Integrated REIT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 0.044 241.432 0.059
201712 0.023 246.524 0.030
201812 0.028 251.233 0.036
201912 0.023 256.974 0.029
202012 0.018 260.474 0.022
202112 0.027 278.802 0.031
202212 0.031 296.797 0.034
202312 0.019 306.746 0.020
202412 0.009 315.605 0.009
202512 0.041 324.054 0.041

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 $0.03 mean?
Alpha Integrated REIT (SBBSF) has a Cyclically Adjusted FCF per Share of $0.03 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Alpha Integrated REIT and its competitors.
Is Alpha Integrated REIT's Cyclically Adjusted FCF per Share too high?
Alpha Integrated REIT's current Cyclically Adjusted FCF per Share is $0.03. Overall, Alpha Integrated REIT has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Integrated REIT's Cyclically Adjusted FCF per Share compare to PLD and PSA?
Alpha Integrated REIT's Cyclically Adjusted FCF per Share of $0.03 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 Alpha Integrated REIT and its competitors. Alpha Integrated REIT's current Cyclically Adjusted FCF per Share is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Integrated REIT stock overvalued right now?
Based on GuruFocus' analysis, Alpha Integrated REIT (SBBSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $0.44 — trading 32.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.03. Alpha Integrated REIT's overall GF Score™ is 44/100 with 11 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 Alpha Integrated REIT (SBBSF), the current Cyclically Adjusted FCF per Share is $0.03 as of Jun. 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 Alpha Integrated REIT (SBBSF) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Integrated REIT stock appears to be overvalued. The current stock price of $0.44 is trading 32.2% above its estimated GF Value™ of $0.33. GuruFocus considers Alpha Integrated REIT to be Significantly Overvalued.

Key valuation signals for SBBSF:

  • Cyclically Adjusted FCF per Share: $0.03
  • GF Value™: $0.33 vs. price of $0.44 (32.2% above fair value)
  • GF Score™: 44/100 with 11 warning signs

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


Alpha Integrated REIT Business Description

Industry Real EstateREITs
Other Exchanges M1GU:Singapore
Address 10 Marina Boulevard, Marina Bay Financial Centre, Tower 2, No. 48-01, Singapore, SGP, 018983
Alpha Integrated REIT is a Singapore-listed real estate investment trust that focused on high-quality industrial assets. Its reportable segments include: High-Tech Industrial, Chemical Warehouse & Logistics, Warehouse & Logistics, and General Industrial. The company generates maximum revenue from High-Tech Industrial segment. Geographically, all its activities are carried in Singapore. AI-REIT Management operates with a singular focus on delivering long-term value to unitholders through active asset management, disciplined capital deployment, and strategic portfolio optimization.
44GF Score

Get the complete analysis for SBBSF

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

$0.44
Price
$0.33
GF Value