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Franklin Street Properties (STU:WVH) Cyclically Adjusted FCF per Share : €-0.17 (As of Mar. 2024)


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What is Franklin Street Properties 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.

Franklin Street Properties's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.141. 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 €-0.17 for the trailing ten years ended in Mar. 2024.

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 Franklin Street Properties was 14.50% per year. The lowest was -17.80% per year. And the median was -10.10% per year.

As of today (2024-05-26), Franklin Street Properties's current stock price is €1.72. Franklin Street Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.17. Franklin Street Properties's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Street Properties was 259.40. The lowest was 19.28. And the median was 55.04.


Franklin Street Properties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties Cyclically Adjusted FCF per Share Chart

Franklin Street Properties 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 0.20 0.12 0.12 -0.01 -0.13

Franklin Street Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.07 -0.10 -0.13 -0.17

Competitive Comparison of Franklin Street Properties's Cyclically Adjusted FCF per Share

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Franklin Street Properties's Cyclically Adjusted Price-to-FCF falls into.



Franklin Street Properties 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, Franklin Street Properties's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.141/131.7762*131.7762
=-0.141

Current CPI (Mar. 2024) = 131.7762.

Franklin Street Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.176 100.560 0.231
201409 0.217 100.428 0.285
201412 0.171 99.070 0.227
201503 0.099 99.621 0.131
201506 -0.463 100.684 -0.606
201509 0.198 100.392 0.260
201512 0.214 99.792 0.283
201603 0.010 100.470 0.013
201606 -0.474 101.688 -0.614
201609 -0.204 101.861 -0.264
201612 -1.235 101.863 -1.598
201703 0.004 102.862 0.005
201706 0.093 103.349 0.119
201709 0.124 104.136 0.157
201712 0.112 104.011 0.142
201803 0.033 105.290 0.041
201806 0.041 106.317 0.051
201809 0.141 106.507 0.174
201812 0.017 105.998 0.021
201903 -0.047 107.251 -0.058
201906 0.012 108.070 0.015
201909 0.139 108.329 0.169
201912 -0.008 108.420 -0.010
202003 -0.108 108.902 -0.131
202006 -0.039 108.767 -0.047
202009 0.092 109.815 0.110
202012 -0.027 109.897 -0.032
202103 -0.113 111.754 -0.133
202106 -0.127 114.631 -0.146
202109 0.022 115.734 0.025
202112 -0.029 117.630 -0.032
202203 -0.173 121.301 -0.188
202206 -0.110 125.017 -0.116
202209 0.030 125.227 0.032
202212 -0.101 125.222 -0.106
202303 -0.113 127.348 -0.117
202306 -0.048 128.729 -0.049
202309 0.031 129.860 0.031
202312 0.006 129.419 0.006
202403 -0.141 131.776 -0.141

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


Franklin Street Properties  (STU:WVH) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Street Properties was 259.40. The lowest was 19.28. And the median was 55.04.


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.


Franklin Street Properties Cyclically Adjusted FCF per Share Related Terms

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


Franklin Street Properties (STU:WVH) Business Description

Industry
Traded in Other Exchanges
Address
401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.

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