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American Hotelome Properties REIT LP (TSX:HOT.U) Cyclically Adjusted FCF per Share : $0.28 (As of Dec. 2023)


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What is American Hotelome Properties REIT LP 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.

American Hotelome Properties REIT LP's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.028. 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 $0.28 for the trailing ten years ended in Dec. 2023.

During the past 12 months, American Hotelome Properties REIT LP's average Cyclically Adjusted FCF Growth Rate was 15.20% 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 (2024-05-01), American Hotelome Properties REIT LP's current stock price is $0.495. American Hotelome Properties REIT LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.28. American Hotelome Properties REIT LP's Cyclically Adjusted Price-to-FCF of today is 1.77.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of American Hotelome Properties REIT LP was 8.82. The lowest was 1.50. And the median was 6.00.


American Hotelome Properties REIT LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for American Hotelome Properties REIT LP'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.

American Hotelome Properties REIT LP Cyclically Adjusted FCF per Share Chart

American Hotelome Properties REIT LP 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 - - - 0.22 0.28

American Hotelome Properties REIT LP 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 0.22 0.27 0.30 0.31 0.28

Competitive Comparison of American Hotelome Properties REIT LP's Cyclically Adjusted FCF per Share

For the REIT - Hotel & Motel subindustry, American Hotelome Properties REIT LP'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.


American Hotelome Properties REIT LP's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where American Hotelome Properties REIT LP's Cyclically Adjusted Price-to-FCF falls into.



American Hotelome Properties REIT LP 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, American Hotelome Properties REIT LP'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)
=0.028/125.4675*125.4675
=0.028

Current CPI (Dec. 2023) = 125.4675.

American Hotelome Properties REIT LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.083 98.604 0.106
201406 0.254 99.473 0.320
201409 0.197 99.394 0.249
201412 -0.032 98.367 -0.041
201503 0.027 99.789 0.034
201506 -0.019 100.500 -0.024
201509 0.138 100.421 0.172
201512 -0.068 99.947 -0.085
201603 0.169 101.054 0.210
201606 0.192 102.002 0.236
201609 0.042 101.765 0.052
201612 -0.095 101.449 -0.117
201703 0.168 102.634 0.205
201706 0.134 103.029 0.163
201709 0.129 103.345 0.157
201712 0.110 103.345 0.134
201803 0.082 105.004 0.098
201806 0.249 105.557 0.296
201809 0.088 105.636 0.105
201812 0.094 105.399 0.112
201903 -0.038 106.979 -0.045
201906 0.071 107.690 0.083
201909 0.056 107.611 0.065
201912 0.198 107.769 0.231
202003 0.003 107.927 0.003
202006 -0.029 108.401 -0.034
202009 -0.012 108.164 -0.014
202012 -0.031 108.559 -0.036
202103 -0.099 110.298 -0.113
202106 0.034 111.720 0.038
202109 0.097 112.905 0.108
202112 0.109 113.774 0.120
202203 0.059 117.646 0.063
202206 0.101 120.806 0.105
202209 0.064 120.648 0.067
202212 -0.028 120.964 -0.029
202303 -0.098 122.702 -0.100
202306 0.077 124.203 0.078
202309 0.053 125.230 0.053
202312 0.028 125.468 0.028

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


American Hotelome Properties REIT LP  (TSX:HOT.U) 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.

American Hotelome Properties REIT LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.495/0.28
=1.77

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of American Hotelome Properties REIT LP was 8.82. The lowest was 1.50. And the median was 6.00.


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.


American Hotelome Properties REIT LP Cyclically Adjusted FCF per Share Related Terms

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


American Hotelome Properties REIT LP (TSX:HOT.U) Business Description

Traded in Other Exchanges
Address
800 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

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