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Mapletree Pan Asia Commercial Trust (FRA:BI0) Cyclically Adjusted Price-to-FCF : 9.10 (As of Jun. 19, 2024)


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What is Mapletree Pan Asia Commercial Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Mapletree Pan Asia Commercial Trust's current share price is €0.819. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.09. Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF for today is 9.10.

The historical rank and industry rank for Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:BI0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.1   Med: 12.69   Max: 16.17
Current: 9.1

During the past years, Mapletree Pan Asia Commercial Trust's highest Cyclically Adjusted Price-to-FCF was 16.17. The lowest was 9.10. And the median was 12.69.

FRA:BI0's Cyclically Adjusted Price-to-FCF is ranked better than
63.85% of 390 companies
in the REITs industry
Industry Median: 11.385 vs FRA:BI0: 9.10

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.

Mapletree Pan Asia Commercial Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.020. 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 €0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Pan Asia Commercial Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Cyclically Adjusted Price-to-FCF Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.85

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 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 13.23 13.85 12.20 10.62 11.71

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF falls into.



Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.819/0.09
=9.10

* 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.

Mapletree Pan Asia Commercial Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mapletree Pan Asia Commercial 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)
=0.02/129.4194*129.4194
=0.020

Current CPI (Dec. 2023) = 129.4194.

Mapletree Pan Asia Commercial Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.013 98.518 0.017
201309 0.014 98.790 0.018
201312 0.013 98.326 0.017
201403 0.013 99.695 0.017
201406 0.014 100.560 0.018
201409 0.013 100.428 0.017
201412 0.015 99.070 0.020
201503 0.018 99.621 0.023
201506 0.015 100.684 0.019
201509 0.016 100.392 0.021
201512 0.018 99.792 0.023
201603 0.016 100.470 0.021
201606 0.018 101.688 0.023
201609 0.016 101.861 0.020
201612 0.022 101.863 0.028
201703 0.016 102.862 0.020
201706 0.017 103.349 0.021
201709 0.018 104.136 0.022
201712 0.019 104.011 0.024
201803 0.018 105.290 0.022
201806 0.017 106.317 0.021
201809 0.018 106.507 0.022
201812 0.019 105.998 0.023
201903 0.020 107.251 0.024
201906 0.018 108.070 0.022
201909 0.019 108.329 0.023
201912 0.021 108.420 0.025
202003 0.021 108.902 0.025
202009 0.000 109.815 0.000
202103 0.000 111.754 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.019 125.017 0.020
202209 0.027 125.227 0.028
202212 0.023 125.222 0.024
202303 0.025 127.348 0.025
202306 0.025 128.729 0.025
202309 0.024 129.860 0.024
202312 0.020 129.419 0.020

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.


Mapletree Pan Asia Commercial Trust  (FRA:BI0) 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.


Mapletree Pan Asia Commercial Trust Cyclically Adjusted Price-to-FCF Related Terms

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Mapletree Pan Asia Commercial Trust (FRA:BI0) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

Mapletree Pan Asia Commercial Trust (FRA:BI0) Headlines

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