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Dream Impact Trust (FRA:6470) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Dream Impact Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dream Impact Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dream Impact 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.

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Dream Impact Trust Cyclically Adjusted Price-to-FCF Chart

Dream Impact Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dream Impact Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Dream Impact Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Dream Impact 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.


Dream Impact Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Dream Impact 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.

Dream Impact Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dream Impact Trust's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.142/126.2576*126.2576
=-0.142

Current CPI (Mar. 2024) = 126.2576.

Dream Impact Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.107 99.473 -0.136
201409 0.186 99.394 0.236
201412 -0.042 98.367 -0.054
201503 -0.299 99.789 -0.378
201506 -0.013 100.500 -0.016
201509 -1.153 100.421 -1.450
201512 -0.423 99.947 -0.534
201603 -0.145 101.054 -0.181
201606 -0.193 102.002 -0.239
201609 -0.178 101.765 -0.221
201612 -0.064 101.449 -0.080
201703 -0.115 102.634 -0.141
201706 -0.265 103.029 -0.325
201709 0.315 103.345 0.385
201712 -0.086 103.345 -0.105
201803 0.078 105.004 0.094
201806 0.044 105.557 0.053
201809 0.361 105.636 0.431
201812 0.067 105.399 0.080
201903 0.149 106.979 0.176
201906 -0.088 107.690 -0.103
201909 0.161 107.611 0.189
201912 -0.257 107.769 -0.301
202003 -0.021 107.927 -0.025
202006 0.076 108.401 0.089
202009 0.228 108.164 0.266
202012 -0.124 108.559 -0.144
202103 0.235 110.298 0.269
202106 -0.027 111.720 -0.031
202109 0.139 112.905 0.155
202112 0.206 113.774 0.229
202203 -0.085 117.646 -0.091
202206 -0.111 120.806 -0.116
202209 0.028 120.648 0.029
202212 -0.298 120.964 -0.311
202303 -0.148 122.702 -0.152
202306 -0.431 124.203 -0.438
202309 -0.138 125.230 -0.139
202312 -0.226 125.072 -0.228
202403 -0.142 126.258 -0.142

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.


Dream Impact Trust  (FRA:6470) 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.


Dream Impact Trust Cyclically Adjusted Price-to-FCF Related Terms

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Dream Impact Trust (FRA:6470) Business Description

Industry
Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Impact Trust is a Canada-based open-ended trust. It is focused on asset alternative investments consisting of real estate, real estate lending, real estate development, and renewable power. The objective is to generate financial returns along with positive social and environmental impacts. It has two operating segments: The development and investment holdings segment is comprised of direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables and the Recurring income segment is comprised of a portfolio of stabilized office and commercial real estate income properties and multi-family rental assets over which the trust has significant influence, joint control, or control, and interest-paying corporate loans.

Dream Impact Trust (FRA:6470) Headlines

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