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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Cyclically Adjusted Price-to-FCF : 153.33 (As of May. 27, 2024)


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What is Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Dusit Thani Freehold and Leasehold REIT's current share price is ฿4.60. Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ฿0.03. Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF for today is 153.33.

The historical rank and industry rank for Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BKK:DREIT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 64.38   Med: 156.25   Max: 176.67
Current: 145.97

During the past 13 years, Dusit Thani Freehold and Leasehold REIT's highest Cyclically Adjusted Price-to-FCF was 176.67. The lowest was 64.38. And the median was 156.25.

BKK:DREIT's Cyclically Adjusted Price-to-FCF is ranked worse than
97.94% of 388 companies
in the REITs industry
Industry Median: 11.305 vs BKK:DREIT: 145.97

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.

Dusit Thani Freehold and Leasehold REIT's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ฿0.837. 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 ฿0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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.

Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted Price-to-FCF Chart

Dusit Thani Freehold and Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 66.62 170.06 158.66

Dusit Thani Freehold and Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 158.66 -

Competitive Comparison of Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold 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.


Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF falls into.



Dusit Thani Freehold and Leasehold REIT 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.

Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.60/0.03
=153.33

* 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.

Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dusit Thani Freehold and Leasehold REIT's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.837/129.4194*129.4194
=0.837

Current CPI (Dec23) = 129.4194.

Dusit Thani Freehold and Leasehold REIT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.713 99.070 0.931
201512 0.687 99.792 0.891
201612 0.486 101.863 0.617
201712 0.000 104.011 0.000
201812 0.016 105.998 0.020
201912 -3.398 108.420 -4.056
202012 0.176 109.897 0.207
202112 0.325 117.630 0.358
202212 0.463 125.222 0.479
202312 0.837 129.419 0.837

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.


Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 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.


Dusit Thani Freehold and Leasehold REIT Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Dusit Thani Freehold and Leasehold REIT's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Business Description

Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels, and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Headlines

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