GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ACRES Commercial Realty Corp (STU:R9L1) » Definitions » Cyclically Adjusted FCF per Share

ACRES Commercial Realty (STU:R9L1) Cyclically Adjusted FCF per Share : €4.97 (As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is ACRES Commercial Realty 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.

ACRES Commercial Realty's adjusted free cash flow per share for the three months ended in Jun. 2024 was €0.815. 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 €4.97 for the trailing ten years ended in Jun. 2024.

During the past 12 months, ACRES Commercial Realty's average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.80% 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 ACRES Commercial Realty was 3.10% per year. The lowest was -19.50% per year. And the median was -8.70% per year.

As of today (2024-09-22), ACRES Commercial Realty's current stock price is €13.50. ACRES Commercial Realty's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €4.97. ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is 2.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.92.


ACRES Commercial Realty Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Cyclically Adjusted FCF per Share Chart

ACRES Commercial Realty 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 4.80 4.05 4.95 4.79 4.78

ACRES Commercial Realty Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.43 4.59 4.78 4.61 4.97

Competitive Comparison of ACRES Commercial Realty's Cyclically Adjusted FCF per Share

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF falls into.



ACRES Commercial Realty 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, ACRES Commercial Realty's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.815/132.5538*132.5538
=0.815

Current CPI (Jun. 2024) = 132.5538.

ACRES Commercial Realty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -1.720 100.428 -2.270
201412 -4.105 99.070 -5.492
201503 -4.353 99.621 -5.792
201506 6.167 100.684 8.119
201509 0.834 100.392 1.101
201512 3.190 99.792 4.237
201603 -1.590 100.470 -2.098
201606 -2.515 101.688 -3.278
201609 -2.134 101.861 -2.777
201612 4.867 101.863 6.333
201703 5.833 102.862 7.517
201706 -2.037 103.349 -2.613
201709 13.274 104.136 16.896
201712 1.435 104.011 1.829
201803 0.908 105.290 1.143
201806 0.878 106.317 1.095
201809 0.726 106.507 0.904
201812 1.399 105.998 1.749
201903 0.336 107.251 0.415
201906 1.146 108.070 1.406
201909 0.926 108.329 1.133
201912 1.265 108.420 1.547
202003 0.201 108.902 0.245
202006 0.989 108.767 1.205
202009 0.478 109.815 0.577
202012 0.863 109.897 1.041
202103 0.777 111.754 0.922
202106 1.203 114.631 1.391
202109 0.159 115.734 0.182
202112 1.411 117.630 1.590
202203 0.154 121.301 0.168
202206 1.290 125.017 1.368
202209 0.578 125.227 0.612
202212 1.462 125.222 1.548
202303 1.001 127.348 1.042
202306 1.661 128.729 1.710
202309 1.282 129.860 1.309
202312 1.020 129.419 1.045
202403 0.382 131.776 0.384
202406 0.815 132.554 0.815

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


ACRES Commercial Realty  (STU:R9L1) 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.

ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.50/4.97
=2.72

* 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 ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.92.


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.


ACRES Commercial Realty Cyclically Adjusted FCF per Share Related Terms

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


ACRES Commercial Realty Business Description

Industry
Traded in Other Exchanges
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.

ACRES Commercial Realty Headlines

No Headlines