GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Four Corners Property Trust Inc (NYSE:FCPT) » Definitions » Cyclically Adjusted Price-to-FCF

FCPT (Four Corners Property Trust) Cyclically Adjusted Price-to-FCF : 16.42 (As of Jun. 03, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Four Corners Property Trust Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Four Corners Property Trust's current share price is $27.58. Four Corners Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.68. Four Corners Property Trust's Cyclically Adjusted Price-to-FCF for today is 16.42.

The historical rank and industry rank for Four Corners Property Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FCPT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.25   Med: 17.24   Max: 19.87
Current: 16.4

During the past years, Four Corners Property Trust's highest Cyclically Adjusted Price-to-FCF was 19.87. The lowest was 15.25. And the median was 17.24.

FCPT's Cyclically Adjusted Price-to-FCF is ranked worse than
63.16% of 418 companies
in the REITs industry
Industry Median: 12.265 vs FCPT: 16.40

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.

Four Corners Property Trust's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.515. 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 $1.68 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Four Corners Property Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Four Corners Property 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.

Four Corners Property Trust Cyclically Adjusted Price-to-FCF Chart

Four Corners Property Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 16.85

Four Corners Property Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 16.19 16.17 18.60 16.85 17.04

Competitive Comparison of Four Corners Property Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Four Corners Property 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.


Four Corners Property Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Four Corners Property Trust's Cyclically Adjusted Price-to-FCF falls into.


;
;

Four Corners Property 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.

Four Corners Property Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.58/1.68
=16.42

* 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.

Four Corners Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Four Corners Property Trust's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.515/134.9266*134.9266
=0.515

Current CPI (Mar. 2025) = 134.9266.

Four Corners Property Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.011 100.684 0.015
201509 0.011 100.392 0.015
201512 0.488 99.792 0.660
201603 0.274 100.470 0.368
201606 0.287 101.688 0.381
201609 0.307 101.861 0.407
201612 0.322 101.863 0.427
201703 0.317 102.862 0.416
201706 0.335 103.349 0.437
201709 0.342 104.136 0.443
201712 0.307 104.011 0.398
201803 0.354 105.290 0.454
201806 0.311 106.317 0.395
201809 0.381 106.507 0.483
201812 0.217 105.998 0.276
201903 0.481 107.251 0.605
201906 0.309 108.070 0.386
201909 0.398 108.329 0.496
201912 0.339 108.420 0.422
202003 0.244 108.902 0.302
202006 0.278 108.767 0.345
202009 0.403 109.815 0.495
202012 0.350 109.897 0.430
202103 0.418 111.754 0.505
202106 0.355 114.631 0.418
202109 0.461 115.734 0.537
202112 0.361 117.630 0.414
202203 0.433 121.301 0.482
202206 0.377 125.017 0.407
202209 0.537 125.227 0.579
202212 0.389 125.222 0.419
202303 0.441 127.348 0.467
202306 0.544 128.729 0.570
202309 0.476 129.860 0.495
202312 0.402 129.419 0.419
202403 0.301 131.776 0.308
202406 0.431 132.554 0.439
202409 0.457 133.029 0.464
202412 0.344 133.157 0.349
202503 0.515 134.927 0.515

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.


Four Corners Property Trust  (NYSE:FCPT) 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.


Four Corners Property Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Four Corners Property Trust Business Description

Traded in Other Exchanges
Address
591 Redwood Highway, Suite 3215, Mill Valley, CA, USA, 94941
Four Corners Property Trust Inc is a real estate investment trust predominantly engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. The firm operates through two segments namely, real estate operations and restaurant operations. The real estate operations segment consists of rental revenues generated by leasing restaurant and retail properties to tenants. The restaurant operations segment is conducted through a taxable REIT subsidiary (TRS) and consists of Kerrow Restaurant Operating Business. The firm generates majority of the revenue from the real estate operations segment.
Executives
Niccole Stewart officer: Chief Accounting Officer 591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
John S Moody director MARSH MCLENNAN REALTY ADVISORS, 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
William H Lenehan director, officer: President and CEO 2784 UNION STREET APT 1, SAN FRANCISCO CA 94123
Douglas B Hansen director ONE BELEVEDERE PLACE, SUITE 300, BELVEDERE CA 94941
Jesuele Barbara Angelica Faylona director 15308 DE PAUW STREET, PACIFIC PALISADES CA 90272
Elizabeth Tennican director 119 30TH AVE, SAN FRANCISCO CA 94121
Toni S Steele director 6147 SAN VICENTE BOULEVARD, LOS ANGELES CA 90048
Gerald R Morgan officer: Chief Financial Officer 591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
James L Brat officer: General Counsel 591 REDWOOD HIGHAWY, SUITE 1150, MILL VALLEY CA 94941
Eric Hirschhorn director 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Charles Jemley director C/O FOUR CORNERS PROPERTY TRUST, INC., 591 REDWOOD HIGHWAY, SUITE 1150, MILL VALLEY CA 94941
Paul E. Szurek director C/O CORESITE REALTY CORPORATION, 1001 17TH STREET, SUITE 500, DENVER CO 80202
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
Darden Restaurants Inc 10 percent owner 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837