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Growthpoint Properties Australia (ASX:GOZ) Cyclically Adjusted Price-to-FCF : 9.84 (As of Jun. 01, 2025)


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What is Growthpoint Properties Australia Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Growthpoint Properties Australia's current share price is A$2.46. Growthpoint Properties Australia's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 was A$0.25. Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF for today is 9.84.

The historical rank and industry rank for Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:GOZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.32   Med: 13.72   Max: 21.29
Current: 9.88

During the past 13 years, Growthpoint Properties Australia's highest Cyclically Adjusted Price-to-FCF was 21.29. The lowest was 8.32. And the median was 13.72.

ASX:GOZ's Cyclically Adjusted Price-to-FCF is ranked better than
62.2% of 418 companies
in the REITs industry
Industry Median: 12.55 vs ASX:GOZ: 9.88

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.

Growthpoint Properties Australia's adjusted free cash flow per share data of for the fiscal year that ended in Jun24 was A$0.178. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.25 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Growthpoint Properties Australia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF 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.

Growthpoint Properties Australia Cyclically Adjusted Price-to-FCF Chart

Growthpoint Properties Australia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.12 18.72 14.59 11.29 8.72

Growthpoint Properties Australia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cyclically Adjusted Price-to-FCF 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 - 11.29 - 8.72 -

Competitive Comparison of Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Growthpoint Properties Australia'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.


Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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


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Growthpoint Properties Australia Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.46/0.25
=9.84

* 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.

Growthpoint Properties Australia's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Growthpoint Properties Australia's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.178/128.9064*128.9064
=0.178

Current CPI (Jun24) = 128.9064.

Growthpoint Properties Australia Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.164 99.838 0.212
201606 0.232 100.859 0.297
201706 0.245 102.809 0.307
201806 0.207 104.945 0.254
201906 0.192 106.617 0.232
202006 0.235 106.246 0.285
202106 0.196 110.332 0.229
202206 0.236 117.112 0.260
202306 0.227 124.170 0.236
202406 0.178 128.906 0.178

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


Growthpoint Properties Australia  (ASX:GOZ) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Growthpoint Properties Australia Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Growthpoint Properties Australia's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Growthpoint Properties Australia Business Description

Traded in Other Exchanges
N/A
Address
Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000
Growthpoint Properties Australia is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Its assets are typically smaller, but it has maintained high occupancy at its sites. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia Headlines

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