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Gramercy Property Trust (FRA:GGU1) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Gramercy Property 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


Gramercy Property Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gramercy 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.

Gramercy Property Trust Cyclically Adjusted Price-to-FCF Chart

Gramercy Property Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Gramercy Property Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Gramercy Property Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Gramercy 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.


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

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

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



Gramercy 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.

Gramercy Property Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Gramercy Property Trust's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=-0.977/100.3915*100.3915
=-0.977

Current CPI (Sep. 2015) = 100.3915.

Gramercy Property Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 -4.604 83.032 -5.567
200603 -1.119 84.298 -1.333
200606 3.362 85.606 3.943
200609 11.210 85.606 13.146
200612 4.329 85.142 5.104
200703 10.278 86.640 11.909
200706 -4.279 87.906 -4.887
200709 2.938 87.964 3.353
200712 -1.787 88.616 -2.024
200803 0.722 90.090 0.805
200806 3.092 92.320 3.362
200809 2.433 92.307 2.646
200812 2.879 88.697 3.259
200903 -0.258 89.744 -0.289
200906 0.715 91.003 0.789
200909 1.129 91.120 1.244
200912 2.841 91.111 3.130
201003 0.891 91.821 0.974
201006 1.521 91.962 1.660
201009 1.532 92.162 1.669
201012 2.051 92.474 2.227
201103 0.480 94.283 0.511
201106 1.044 95.235 1.101
201109 2.256 95.727 2.366
201112 0.735 95.213 0.775
201203 0.590 96.783 0.612
201206 0.018 96.819 0.019
201209 0.078 97.633 0.080
201212 -0.788 96.871 -0.817
201303 -1.362 98.209 -1.392
201306 -4.368 98.518 -4.451
201309 -1.030 98.790 -1.047
201312 6.343 98.326 6.476
201403 -0.374 99.695 -0.377
201406 -5.529 100.560 -5.520
201409 -2.703 100.428 -2.702
201412 7.136 99.070 7.231
201503 -8.023 99.621 -8.085
201506 -5.536 100.684 -5.520
201509 -0.977 100.392 -0.977

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.


Gramercy Property Trust  (FRA:GGU1) 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.


Gramercy Property Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Gramercy Property Trust (FRA:GGU1) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gramercy Property Trust Inc, formerly Gramercy Capital Corporation was formed in April 2004 as a Maryland corporation and it completed the initial public offering in August 2004. The Company is a self-managed, integrated commercial real estate investment and asset management company. Its business is segmented into two segments - Realty/Corporate, Asset Management. The Realty/Corporate segment includes activities related to investment and ownership of commercial properties with credit grade tenants throughout the United States. The Realty/Corporate segment generates revenues from rental revenues from properties that kit owns. The Asset Management segment includes activities related to third-party asset and property management of commercial properties leased primarily to financial institutions and affiliated users throughout the United States. The Asset Management segment generates revenues from fee income related to the Management Agreement with KBS and from its Joint Venture with Garrison. As of December 31, 2012, the Company owned directly or in joint venture, a portfolio of 116 office and industrial buildings totaling approximately 4.9 million square feet, net leased on a long-term basis to tenants, including Bank of America, Nestlé Waters, Philips Electronics and others. Its asset and property management business operates under the name Gramercy Asset Management. It currently manages approximately $1.7 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. Additionally, it has a commercial real estate finance business which operates under the name Gramercy Finance. It manages approximately $1.7 billion of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity and commercial mortgage-backed securities and other real estate securities which are financed through three non-recourse CDOs. It primarily competes with other REITs, specialty finance companies, insurance companies, mutual funds, hedge funds, institutional investors, investment banking firms, private equity firms, and other entities.

Gramercy Property Trust (FRA:GGU1) Headlines

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