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Polski Holding Nieruchomosci (STU:2PN) Cyclically Adjusted FCF per Share : €0.23 (As of Dec. 2023)


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What is Polski Holding Nieruchomosci 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.

Polski Holding Nieruchomosci's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.267. 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 €0.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Polski Holding Nieruchomosci's average Cyclically Adjusted FCF Growth Rate was 5.60% 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 (2024-05-22), Polski Holding Nieruchomosci's current stock price is €2.44. Polski Holding Nieruchomosci's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.23. Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF of today is 10.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Polski Holding Nieruchomosci was 19.59. The lowest was 10.10. And the median was 12.61.


Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Polski Holding Nieruchomosci'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.

Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Chart

Polski Holding Nieruchomosci 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 - - 0.14 0.21 0.23

Polski Holding Nieruchomosci Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.17 0.21 0.19 0.23

Competitive Comparison of Polski Holding Nieruchomosci's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Polski Holding Nieruchomosci'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.


Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Polski Holding Nieruchomosci 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, Polski Holding Nieruchomosci's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.267/147.7411*147.7411
=0.267

Current CPI (Dec. 2023) = 147.7411.

Polski Holding Nieruchomosci Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.084 101.262 -0.123
201406 -0.144 101.180 -0.210
201409 0.182 100.611 0.267
201412 0.114 100.122 0.168
201503 -0.175 100.041 -0.258
201506 0.221 100.448 0.325
201509 0.155 99.634 0.230
201512 0.035 99.471 0.052
201603 -0.287 98.983 -0.428
201606 0.079 99.552 0.117
201609 0.368 99.064 0.549
201612 0.000 100.366 0.000
201703 -0.592 101.018 -0.866
201706 0.755 101.180 1.102
201709 0.084 101.343 0.122
201712 0.100 102.564 0.144
201803 0.029 102.564 0.042
201806 0.117 103.378 0.167
201809 0.106 103.378 0.151
201812 0.115 103.785 0.164
201903 0.131 104.274 0.186
201906 0.217 105.983 0.302
201909 0.094 105.983 0.131
201912 0.351 107.123 0.484
202003 0.289 109.076 0.391
202006 0.126 109.402 0.170
202009 0.196 109.320 0.265
202012 -0.237 109.565 -0.320
202103 0.050 112.658 0.066
202106 0.176 113.960 0.228
202109 -0.887 115.588 -1.134
202112 -0.364 119.088 -0.452
202203 -0.123 125.031 -0.145
202206 0.151 131.705 0.169
202209 0.308 135.531 0.336
202212 -0.039 139.113 -0.041
202303 -0.550 145.950 -0.557
202306 0.345 147.009 0.347
202309 0.184 146.113 0.186
202312 0.267 147.741 0.267

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


Polski Holding Nieruchomosci  (STU:2PN) 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.

Polski Holding Nieruchomosci's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.44/0.23
=10.61

* 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 Polski Holding Nieruchomosci was 19.59. The lowest was 10.10. And the median was 12.61.


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.


Polski Holding Nieruchomosci Cyclically Adjusted FCF per Share Related Terms

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


Polski Holding Nieruchomosci (STU:2PN) Business Description

Traded in Other Exchanges
Address
al. Jana Paw?a II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, and sale of commercial as well as residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.

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