Choice Properties Real Estate Investment Trust (STU:6HC) Cyclically Adjusted FCF per Share: €0.66 (As of Mar. 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.

STU:6HC Choice Properties Real Estate Investment Trust STU:6HC
61 GF Score
Price €10.13
GF Value €9.16
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Choice Properties Real Estate Investment Trust Cyclically Adjusted FCF per Share?

Choice Properties Real Estate Investment Trust STU:6HC +1.30% 61 Cyclically Adjusted FCF per Share is €0.66 as of Mar. 2026. GuruFocus rates STU:6HC with a GF Score™ of 61/100 and a GF Value™ of €9.16 (Modestly Overvalued). The stock has 7 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.

Choice Properties Real Estate Investment Trust's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.110. 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 €0.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Choice Properties Real Estate Investment Trust's average Cyclically Adjusted FCF Growth Rate was -3.40% 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 (2026-07-17), Choice Properties Real Estate Investment Trust's current stock price is €10.13. Choice Properties Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.66. Choice Properties Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF of today is 15.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Choice Properties Real Estate Investment Trust was 14.55. The lowest was 9.60. And the median was 11.73.


Choice Properties Real Estate Investment Trust  (STU:6HC) 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.

Choice Properties 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
=10.13/0.66
=15.35

* 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 Choice Properties Real Estate Investment Trust was 14.55. The lowest was 9.60. And the median was 11.73.


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.


Choice Properties Real Estate Investment Trust Cyclically Adjusted FCF per Share Related Terms


Choice Properties Real Estate Investment Trust Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Choice Properties 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.

Choice Properties Real Estate Investment Trust Cyclically Adjusted FCF per Share Chart

Choice Properties Real Estate Investment Trust 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 0.00 0.00 0.00 0.79 0.69

Choice Properties Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.76 0.73 0.70 0.69 0.66

STU:6HC vs SPG, O, KIM: Cyclically Adjusted FCF per Share Comparison

For the REIT - Retail subindustry, Choice Properties 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.


Choice Properties Real Estate Investment Trust Cyclically Adjusted Price-to-FCF vs REITs Industry

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

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


STU:6HC
61GF Score
Choice Properties Real Estate Investment Trust STU:6HC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choice Properties 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, Choice Properties Real Estate Investment Trust's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.11/132.2623*132.2623
=0.110

Current CPI (Mar. 2026) = 132.2623.

Choice Properties Real Estate Investment Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.183 102.002 0.237
201609 0.263 101.765 0.342
201612 0.405 101.449 0.528
201703 0.064 102.634 0.082
201706 0.175 103.029 0.225
201709 0.272 103.345 0.348
201712 0.310 103.345 0.397
201803 0.194 105.004 0.244
201806 0.085 105.557 0.107
201809 0.228 105.636 0.285
201812 -0.041 105.399 -0.051
201903 0.093 106.979 0.115
201906 0.142 107.690 0.174
201909 0.127 107.611 0.156
201912 0.202 107.769 0.248
202003 0.096 107.927 0.118
202006 0.192 108.401 0.234
202009 0.072 108.164 0.088
202012 0.210 108.559 0.256
202103 0.137 110.298 0.164
202106 0.115 111.720 0.136
202109 0.143 112.905 0.168
202112 0.233 113.774 0.271
202203 0.113 117.646 0.127
202206 0.164 120.806 0.180
202209 0.206 120.648 0.226
202212 0.189 120.964 0.207
202303 0.125 122.702 0.135
202306 0.146 124.203 0.155
202309 0.143 125.230 0.151
202312 0.196 125.072 0.207
202403 0.133 126.258 0.139
202406 0.128 127.522 0.133
202409 0.187 127.285 0.194
202412 0.225 127.364 0.234
202503 0.124 129.181 0.127
202506 0.140 129.892 0.143
202509 0.141 130.287 0.143
202512 0.199 130.366 0.202
202603 0.110 132.262 0.110

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 €0.66 mean?
Choice Properties Real Estate Investment Trust (STU:6HC) has a Cyclically Adjusted FCF per Share of €0.66 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Choice Properties Real Estate Investment Trust and its competitors.
Is Choice Properties Real Estate Investment Trust's Cyclically Adjusted FCF per Share too high?
Choice Properties Real Estate Investment Trust's current Cyclically Adjusted FCF per Share is €0.66. Overall, Choice Properties Real Estate Investment Trust has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choice Properties Real Estate Investment Trust's Cyclically Adjusted FCF per Share compare to SPG and O?
Choice Properties Real Estate Investment Trust's Cyclically Adjusted FCF per Share of €0.66 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 Choice Properties Real Estate Investment Trust and its competitors. Choice Properties Real Estate Investment Trust's current Cyclically Adjusted FCF per Share is €0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Properties Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Choice Properties Real Estate Investment Trust (STU:6HC) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.16, compared to a current price of €10.13 — trading 10.6% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.66. Choice Properties Real Estate Investment Trust's overall GF Score™ is 61/100 with 7 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 Choice Properties Real Estate Investment Trust (STU:6HC), the current Cyclically Adjusted FCF per Share is €0.66 as of Mar. 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 Choice Properties Real Estate Investment Trust (STU:6HC) Overvalued in 2026?

Based on GuruFocus' analysis, Choice Properties Real Estate Investment Trust stock appears to be overvalued. The current stock price of €10.13 is trading 10.6% above its estimated GF Value™ of €9.16. GuruFocus considers Choice Properties Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for STU:6HC:

  • Cyclically Adjusted FCF per Share: €0.66
  • GF Value™: €9.16 vs. price of €10.13 (10.6% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the STU:6HC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Choice Properties Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges PPRQF:USACHP.UN:Canada
Address 22 Street Clair Avenue East, Suite 700, The Weston Centre, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use, and residential properties across Canada. The company's portfolio consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Manitoba, British Columbia, and Saskatchewan. Choice Properties generates the majority of its revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.
61GF Score

Get the complete analysis for STU:6HC

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

€10.13
Price
€9.16
GF Value