GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LondonMetric Property PLC (STU:5PP) » Definitions » Cyclically Adjusted FCF per Share

LondonMetric Property (STU:5PP) Cyclically Adjusted FCF per Share : €0.06 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is LondonMetric Property 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.

LondonMetric Property's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was €0.122. 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 €0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LondonMetric Property's average Cyclically Adjusted FCF Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.70% 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 LondonMetric Property was 35.70% per year. The lowest was 35.70% per year. And the median was 35.70% per year.

As of today (2024-06-25), LondonMetric Property's current stock price is € 2.216. LondonMetric Property's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was €0.06. LondonMetric Property's Cyclically Adjusted Price-to-FCF of today is 36.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LondonMetric Property was 141.70. The lowest was 36.50. And the median was 62.67.


LondonMetric Property Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LondonMetric Property'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.

LondonMetric Property Cyclically Adjusted FCF per Share Chart

LondonMetric Property Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.06

LondonMetric Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - - 0.04 - 0.06

Competitive Comparison of LondonMetric Property's Cyclically Adjusted FCF per Share

For the REIT - Diversified subindustry, LondonMetric Property'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.


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

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

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



LondonMetric Property 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, LondonMetric Property's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.122/131.6000*131.6000
=0.122

Current CPI (Mar. 2024) = 131.6000.

LondonMetric Property Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.016 99.600 -0.021
201603 -0.026 100.400 -0.034
201703 0.070 102.700 0.090
201803 -0.021 105.100 -0.026
201903 0.044 107.000 0.054
202003 0.062 108.600 0.075
202103 0.095 109.700 0.114
202203 0.088 116.500 0.099
202303 0.134 126.800 0.139
202403 0.122 131.600 0.122

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


LondonMetric Property  (STU:5PP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.216/0.06
=36.93

* 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 LondonMetric Property was 141.70. The lowest was 36.50. And the median was 62.67.


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.


LondonMetric Property Cyclically Adjusted FCF per Share Related Terms

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


LondonMetric Property (STU:5PP) Business Description

Industry
Traded in Other Exchanges
Address
One Curzon Street, London, GBR, W1J 5HB
LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The company focuses on properties in the retail and distribution businesses. The company categorizes its property portfolios in six segments: Distribution, retail parks, Long income, Office, Residential, and Development. The company generates its revenue mainly from contracted leases.

LondonMetric Property (STU:5PP) Headlines

No Headlines