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Host Hotels & Resorts (FRA:HMT) Cyclically Adjusted Price-to-FCF : 16.67 (As of Jul. 05, 2025)


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What is Host Hotels & Resorts Cyclically Adjusted Price-to-FCF?

As of today (2025-07-05), Host Hotels & Resorts's current share price is €13.50. Host Hotels & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.81. Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF for today is 16.67.

The historical rank and industry rank for Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:HMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.47   Med: 24.84   Max: 42.4
Current: 17.77

During the past years, Host Hotels & Resorts's highest Cyclically Adjusted Price-to-FCF was 42.40. The lowest was 11.47. And the median was 24.84.

FRA:HMT's Cyclically Adjusted Price-to-FCF is ranked worse than
65.25% of 423 companies
in the REITs industry
Industry Median: 12.65 vs FRA:HMT: 17.77

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.

Host Hotels & Resorts's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €0.211. 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 €0.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Host Hotels & Resorts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Host Hotels & Resorts'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.

Host Hotels & Resorts Cyclically Adjusted Price-to-FCF Chart

Host Hotels & Resorts 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 22.80 26.94 20.30 23.42 20.10

Host Hotels & Resorts 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 23.78 20.47 19.91 20.10 15.58

Competitive Comparison of Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Host Hotels & Resorts'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.


Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF falls into.


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Host Hotels & Resorts 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.

Host Hotels & Resorts's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.50/0.81
=16.67

* 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.

Host Hotels & Resorts's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Host Hotels & Resorts'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)
=0.211/134.9266*134.9266
=0.211

Current CPI (Mar. 2025) = 134.9266.

Host Hotels & Resorts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.286 100.684 0.383
201509 0.111 100.392 0.149
201512 0.233 99.792 0.315
201603 0.061 100.470 0.082
201606 0.301 101.688 0.399
201609 0.238 101.861 0.315
201612 0.362 101.863 0.480
201703 0.167 102.862 0.219
201706 0.410 103.349 0.535
201709 0.212 104.136 0.275
201712 0.336 104.011 0.436
201803 0.146 105.290 0.187
201806 0.371 106.317 0.471
201809 0.193 106.507 0.244
201812 0.243 105.998 0.309
201903 0.116 107.251 0.146
201906 0.344 108.070 0.429
201909 0.173 108.329 0.215
201912 0.213 108.420 0.265
202003 0.033 108.902 0.041
202006 -0.429 108.767 -0.532
202009 -0.281 109.815 -0.345
202012 -0.301 109.897 -0.370
202103 -0.169 111.754 -0.204
202106 -0.091 114.631 -0.107
202109 0.006 115.734 0.007
202112 0.099 117.630 0.114
202203 0.176 121.301 0.196
202206 0.434 125.017 0.468
202209 0.325 125.227 0.350
202212 0.280 125.222 0.302
202303 0.212 127.348 0.225
202306 0.434 128.729 0.455
202309 0.217 129.860 0.225
202312 0.172 129.419 0.179
202403 0.342 131.776 0.350
202406 0.437 132.554 0.445
202409 0.254 133.029 0.258
202412 0.215 133.157 0.218
202503 0.211 134.927 0.211

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.


Host Hotels & Resorts  (FRA:HMT) 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.


Host Hotels & Resorts Cyclically Adjusted Price-to-FCF Related Terms

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


Host Hotels & Resorts Business Description

Industry
Traded in Other Exchanges
Address
4747 Bethesda Avenue, Suite 1300, Bethesda, MD, USA, 20814
Host Hotels & Resorts owns 81 predominantly urban and resort upper-upscale and luxury hotel properties representing over 43,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host's portfolio operates under the Marriott and Starwood brands.

Host Hotels & Resorts Headlines

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