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Ravelin Properties REIT (TSX:RPR.UN) Cyclically Adjusted FCF per Share : C$0.47 (As of Sep. 2024)


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What is Ravelin Properties REIT 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.

Ravelin Properties REIT's adjusted free cash flow per share for the three months ended in Sep. 2024 was C$0.029. 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 C$0.47 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ravelin Properties REIT's average Cyclically Adjusted FCF Growth Rate was -14.50% 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 (2025-01-18), Ravelin Properties REIT's current stock price is C$0.50. Ravelin Properties REIT's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was C$0.47. Ravelin Properties REIT's Cyclically Adjusted Price-to-FCF of today is 1.06.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Ravelin Properties REIT was 7.68. The lowest was 0.43. And the median was 1.57.


Ravelin Properties REIT Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ravelin Properties REIT'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.

Ravelin Properties REIT Cyclically Adjusted FCF per Share Chart

Ravelin Properties REIT 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 - - - 0.59 0.53

Ravelin Properties REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.55 0.53 0.50 0.49 0.47

Competitive Comparison of Ravelin Properties REIT's Cyclically Adjusted FCF per Share

For the REIT - Office subindustry, Ravelin Properties REIT'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.


Ravelin Properties REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Ravelin Properties REIT 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, Ravelin Properties REIT's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.029/127.2847*127.2847
=0.029

Current CPI (Sep. 2024) = 127.2847.

Ravelin Properties REIT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.252 98.367 0.326
201503 0.110 99.789 0.140
201506 0.568 100.500 0.719
201509 0.139 100.421 0.176
201512 0.232 99.947 0.295
201603 0.141 101.054 0.178
201606 -0.338 102.002 -0.422
201609 0.160 101.765 0.200
201612 0.276 101.449 0.346
201703 0.072 102.634 0.089
201706 0.017 103.029 0.021
201709 -0.015 103.345 -0.018
201712 0.222 103.345 0.273
201803 0.094 105.004 0.114
201806 0.117 105.557 0.141
201809 0.104 105.636 0.125
201812 0.123 105.399 0.149
201903 0.215 106.979 0.256
201906 -0.157 107.690 -0.186
201909 0.156 107.611 0.185
201912 0.086 107.769 0.102
202003 0.029 107.927 0.034
202006 0.097 108.401 0.114
202009 0.150 108.164 0.177
202012 0.052 108.559 0.061
202103 0.062 110.298 0.072
202106 0.014 111.720 0.016
202109 0.076 112.905 0.086
202112 0.032 113.774 0.036
202203 0.075 117.646 0.081
202206 0.053 120.806 0.056
202209 0.086 120.648 0.091
202212 0.101 120.964 0.106
202303 0.065 122.702 0.067
202306 -0.036 124.203 -0.037
202309 0.174 125.230 0.177
202312 0.149 125.072 0.152
202403 0.039 126.258 0.039
202406 0.112 127.522 0.112
202409 0.029 127.285 0.029

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


Ravelin Properties REIT  (TSX:RPR.UN) 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.

Ravelin Properties REIT's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.50/0.47
=1.06

* 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 Ravelin Properties REIT was 7.68. The lowest was 0.43. And the median was 1.57.


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.


Ravelin Properties REIT Cyclically Adjusted FCF per Share Related Terms

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


Ravelin Properties REIT Business Description

Industry
Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately fifty four commercial properties located in Canada. Its fundamental and thematic approach to investment and asset management leads to significant value creation. The company operates in Canada, United States, and Ireland.

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