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Adler Group (XTER:ADJ) Cyclically Adjusted FCF per Share : €0.57 (As of Dec. 2023)


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What is Adler Group 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.

Adler Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.090. 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 €0.57 for the trailing ten years ended in Dec. 2023.

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 (2024-06-05), Adler Group's current stock price is €0.185. Adler Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.57. Adler Group's Cyclically Adjusted Price-to-FCF of today is 0.32.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Adler Group was 0.93. The lowest was 0.19. And the median was 0.53.


Adler Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Adler Group'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.

Adler Group Cyclically Adjusted FCF per Share Chart

Adler Group 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 - - - - 0.57

Adler Group 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 - - - 0.60 0.57

Competitive Comparison of Adler Group's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Adler Group'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.


Adler Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Adler Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Adler Group's Cyclically Adjusted Price-to-FCF falls into.



Adler Group 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, Adler Group'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)
=-0.09/121.1700*121.1700
=-0.090

Current CPI (Dec. 2023) = 121.1700.

Adler Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 99.440 0.000
201403 0.084 99.740 0.102
201409 0.164 99.900 0.199
201412 -0.606 98.830 -0.743
201503 0.301 99.980 0.365
201506 0.469 100.640 0.565
201509 0.451 100.380 0.544
201512 0.381 99.910 0.462
201603 0.390 100.030 0.472
201606 0.480 100.660 0.578
201609 0.497 100.750 0.598
201612 0.343 101.040 0.411
201703 0.345 101.780 0.411
201706 0.374 102.170 0.444
201709 0.508 102.520 0.600
201712 0.484 102.410 0.573
201803 0.400 102.900 0.471
201806 0.588 103.650 0.687
201809 0.582 104.580 0.674
201812 0.484 104.320 0.562
201903 0.394 105.140 0.454
201906 0.440 105.550 0.505
201909 0.409 105.900 0.468
201912 0.347 106.080 0.396
202003 0.110 106.040 0.126
202006 -0.701 106.340 -0.799
202009 1.780 106.620 2.023
202012 -0.623 106.670 -0.708
202103 0.153 108.140 0.171
202106 -0.534 108.680 -0.595
202109 0.349 109.470 0.386
202112 -2.344 111.090 -2.557
202203 -0.612 114.780 -0.646
202206 0.232 116.750 0.241
202209 -0.383 117.000 -0.397
202212 -0.425 117.060 -0.440
202303 -0.425 118.910 -0.433
202306 -0.233 120.460 -0.234
202309 -0.288 121.740 -0.287
202312 -0.090 121.170 -0.090

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


Adler Group  (XTER:ADJ) 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.

Adler Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.185/0.57
=0.32

* 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 Adler Group was 0.93. The lowest was 0.19. And the median was 0.53.


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.


Adler Group Cyclically Adjusted FCF per Share Related Terms

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


Adler Group (XTER:ADJ) Business Description

Industry
Traded in Other Exchanges
Address
55 Allée Scheffer, Grand Duchy of Luxembourg, LUX, L-2520
Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate with a portfolio of residential and commercial units. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas in Northern, Eastern, and Western Germany, such as Berlin.
Executives
Dr. Artur Stefan Kirsten Chairman of the Board of Directors
Sven-christian Frank Chief Legal Officer
Maximilian Rienecker Co-CEO

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