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Medical Properties Trust (FRA:M3P) Cyclically Adjusted Price-to-FCF : 4.00 (As of May. 19, 2024)


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What is Medical Properties Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Medical Properties Trust's current share price is €4.6775. Medical Properties Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.17. Medical Properties Trust's Cyclically Adjusted Price-to-FCF for today is 4.00.

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

FRA:M3P' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.4   Med: 21.24   Max: 43.91
Current: 3.91

During the past years, Medical Properties Trust's highest Cyclically Adjusted Price-to-FCF was 43.91. The lowest was 2.40. And the median was 21.24.

FRA:M3P's Cyclically Adjusted Price-to-FCF is ranked better than
89.43% of 388 companies
in the REITs industry
Industry Median: 11.61 vs FRA:M3P: 3.91

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.

Medical Properties Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.207. 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 €1.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Properties Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Medical Properties 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.

Medical Properties Trust Cyclically Adjusted Price-to-FCF Chart

Medical Properties Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.19 28.35 20.07 8.73 3.83

Medical Properties Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.35 7.14 4.20 3.83 -

Competitive Comparison of Medical Properties Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Healthcare Facilities subindustry, Medical Properties 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.


Medical Properties Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Medical Properties 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.

Medical Properties Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.6775/1.17
=4.00

* 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.

Medical Properties Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Medical Properties 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)
=0.207/129.4194*129.4194
=0.207

Current CPI (Dec. 2023) = 129.4194.

Medical Properties Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.080 99.695 0.104
201406 0.137 100.560 0.176
201409 0.204 100.428 0.263
201412 0.257 99.070 0.336
201503 0.191 99.621 0.248
201506 0.194 100.684 0.249
201509 0.178 100.392 0.229
201512 0.290 99.792 0.376
201603 0.262 100.470 0.337
201606 0.253 101.688 0.322
201609 0.112 101.861 0.142
201612 0.283 101.863 0.360
201703 0.187 102.862 0.235
201706 0.230 103.349 0.288
201709 0.150 104.136 0.186
201712 0.329 104.011 0.409
201803 0.210 105.290 0.258
201806 0.238 106.317 0.290
201809 0.240 106.507 0.292
201812 0.358 105.998 0.437
201903 0.202 107.251 0.244
201906 0.249 108.070 0.298
201909 0.266 108.329 0.318
201912 0.303 108.420 0.362
202003 0.185 108.902 0.220
202006 0.306 108.767 0.364
202009 0.244 109.815 0.288
202012 0.268 109.897 0.316
202103 0.274 111.754 0.317
202106 0.249 114.631 0.281
202109 0.302 115.734 0.338
202112 0.347 117.630 0.382
202203 0.272 121.301 0.290
202206 0.260 125.017 0.269
202209 0.360 125.227 0.372
202212 0.286 125.222 0.296
202303 0.212 127.348 0.215
202306 0.118 128.729 0.119
202309 0.248 129.860 0.247
202312 0.207 129.419 0.207

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.


Medical Properties Trust  (FRA:M3P) 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.


Medical Properties Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Medical Properties Trust (FRA:M3P) Business Description

Industry
Traded in Other Exchanges
Address
1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242
Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

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