GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boardwalk Real Estate Investment Trust (OTCPK:BOWFF) » Definitions » Cyclically Adjusted Price-to-FCF

Boardwalk Real Estate Investment Trust (Boardwalk Real Estate Investment Trust) Cyclically Adjusted Price-to-FCF : 29.15 (As of May. 01, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Boardwalk Real Estate Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Boardwalk Real Estate Investment Trust's current share price is $52.47. Boardwalk Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.80. Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF for today is 29.15.

The historical rank and industry rank for Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOWFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7   Med: 20.59   Max: 6075
Current: 30.53

During the past years, Boardwalk Real Estate Investment Trust's highest Cyclically Adjusted Price-to-FCF was 6075.00. The lowest was 7.00. And the median was 20.59.

BOWFF's Cyclically Adjusted Price-to-FCF is ranked worse than
82.86% of 391 companies
in the REITs industry
Industry Median: 11.44 vs BOWFF: 30.53

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.

Boardwalk Real Estate Investment Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.290. 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 $1.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boardwalk Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Chart

Boardwalk Real Estate Investment Trust 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 16.39 12.23 20.52 19.47 29.80

Boardwalk Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.47 21.82 24.77 27.14 29.80

Competitive Comparison of Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust'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.


Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



Boardwalk Real Estate Investment Trust 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.

Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=52.47/1.8
=29.15

* 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.

Boardwalk Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Boardwalk Real Estate Investment Trust'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)
=0.29/125.4675*125.4675
=0.290

Current CPI (Dec. 2023) = 125.4675.

Boardwalk Real Estate Investment Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.596 98.604 0.758
201406 0.822 99.473 1.037
201409 0.855 99.394 1.079
201412 0.805 98.367 1.027
201503 0.481 99.789 0.605
201506 0.692 100.500 0.864
201509 0.701 100.421 0.876
201512 0.614 99.947 0.771
201603 0.435 101.054 0.540
201606 0.595 102.002 0.732
201609 0.590 101.765 0.727
201612 0.442 101.449 0.547
201703 0.315 102.634 0.385
201706 0.325 103.029 0.396
201709 0.395 103.345 0.480
201712 0.344 103.345 0.418
201803 0.316 105.004 0.378
201806 0.509 105.557 0.605
201809 0.444 105.636 0.527
201812 0.241 105.399 0.287
201903 0.582 106.979 0.683
201906 0.634 107.690 0.739
201909 0.632 107.611 0.737
201912 0.609 107.769 0.709
202003 0.339 107.927 0.394
202006 0.512 108.401 0.593
202009 0.661 108.164 0.767
202012 -1.125 108.559 -1.300
202103 0.123 110.298 0.140
202106 0.295 111.720 0.331
202109 0.111 112.905 0.123
202112 0.105 113.774 0.116
202203 0.150 117.646 0.160
202206 0.233 120.806 0.242
202209 0.020 120.648 0.021
202212 0.096 120.964 0.100
202303 0.206 122.702 0.211
202306 0.408 124.203 0.412
202309 0.295 125.230 0.296
202312 0.290 125.468 0.290

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.


Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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.


Boardwalk Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Boardwalk Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Boardwalk Real Estate Investment Trust (Boardwalk Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.