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CapitaLand China Trust (CapitaLand China Trust) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is CapitaLand China Trust Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


CapitaLand China Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CapitaLand China 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.

CapitaLand China Trust Cyclically Adjusted Price-to-FCF Chart

CapitaLand China 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 14.50 13.44 10.91 9.58 7.71

CapitaLand China Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.91 - 9.58 - 7.71

Competitive Comparison of CapitaLand China Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, CapitaLand China 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.


CapitaLand China Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand China Trust's Cyclically Adjusted Price-to-FCF falls into.



CapitaLand China 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.

CapitaLand China Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CapitaLand China Trust'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)
=0.074/129.4194*129.4194
=0.074

Current CPI (Dec23) = 129.4194.

CapitaLand China Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.087 99.070 0.114
201512 0.084 99.792 0.109
201612 0.079 101.863 0.100
201712 0.083 104.011 0.103
201812 0.079 105.998 0.096
201912 0.073 108.420 0.087
202012 0.031 109.897 0.037
202112 0.090 117.630 0.099
202212 0.063 125.222 0.065
202312 0.074 129.419 0.074

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.


CapitaLand China Trust  (OTCPK:CLDHF) 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.


CapitaLand China Trust Cyclically Adjusted Price-to-FCF Related Terms

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CapitaLand China Trust (CapitaLand China Trust) Business Description

Industry
Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand China Trust is a Singapore-based real estate investment trust which invests in retail properties. The company's portfolio consists primarily of shopping malls located in multiple cities in mainland China, Hong Kong, and Macau. The company generates revenue from leasing properties to its tenants. Fashion and accessories stores, dining venues, and department stores collectively contribute the majority of total rental revenue. Other tenants include supermarkets, beauty and healthcare retailers, homeware and furniture stores, and leisure venues. The operating segments are Retail Malls, Business Parks and Logistics Parks. Majority of revenue is generated from Retail Malls segment.