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CorEnergy Infrastructure Trust (FRA:YJEB) Cyclically Adjusted Price-to-FCF : 0.12 (As of May. 13, 2024)


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What is CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), CorEnergy Infrastructure Trust's current share price is €0.312. CorEnergy Infrastructure Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was €2.67. CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF for today is 0.12.

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

During the past years, CorEnergy Infrastructure Trust's highest Cyclically Adjusted Price-to-FCF was 11.14. The lowest was 0.01. And the median was 1.91.

FRA:YJEB's Cyclically Adjusted Price-to-FCF is not ranked *
in the REITs industry.
Industry Median: 11.585
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

CorEnergy Infrastructure Trust's adjusted free cash flow per share data for the three months ended in Sep. 2023 was €-0.136. 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 €2.67 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CorEnergy Infrastructure 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.

CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Chart

CorEnergy Infrastructure Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 10.17 1.58 0.87 0.64

CorEnergy Infrastructure Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.42 0.64 0.39 0.35 0.25

Competitive Comparison of CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Specialty subindustry, CorEnergy Infrastructure 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.


CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



CorEnergy Infrastructure 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.

CorEnergy Infrastructure Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.312/2.67
=0.12

* 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.

CorEnergy Infrastructure Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, CorEnergy Infrastructure Trust's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.136/129.8595*129.8595
=-0.136

Current CPI (Sep. 2023) = 129.8595.

CorEnergy Infrastructure Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.704 98.326 0.930
201403 0.979 99.695 1.275
201406 0.491 100.560 0.634
201409 0.667 100.428 0.862
201412 -0.085 99.070 -0.111
201503 0.609 99.621 0.794
201506 0.763 100.684 0.984
201509 1.211 100.392 1.566
201512 0.896 99.792 1.166
201603 1.249 100.470 1.614
201606 0.522 101.688 0.667
201609 0.903 101.861 1.151
201612 0.777 101.863 0.991
201703 1.224 102.862 1.545
201706 0.914 103.349 1.148
201709 1.060 104.136 1.322
201712 0.990 104.011 1.236
201803 0.932 105.290 1.149
201806 0.629 106.317 0.768
201809 1.232 106.507 1.502
201812 0.654 105.998 0.801
201903 1.197 107.251 1.449
201906 0.846 108.070 1.017
201909 1.251 108.329 1.500
201912 0.926 108.420 1.109
202003 0.779 108.902 0.929
202006 0.298 108.767 0.356
202009 -0.404 109.815 -0.478
202012 -0.099 109.897 -0.117
202103 -0.437 111.754 -0.508
202106 0.133 114.631 0.151
202109 0.119 115.734 0.134
202112 -0.043 117.630 -0.047
202203 0.327 121.301 0.350
202206 0.578 125.017 0.600
202209 0.261 125.227 0.271
202212 -0.167 125.222 -0.173
202303 -0.410 127.348 -0.418
202306 0.109 128.729 0.110
202309 -0.136 129.860 -0.136

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.


CorEnergy Infrastructure Trust  (FRA:YJEB) 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.


CorEnergy Infrastructure Trust Cyclically Adjusted Price-to-FCF Related Terms

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


CorEnergy Infrastructure Trust (FRA:YJEB) Business Description

Traded in Other Exchanges
Address
1100 Walnut, Suite 3350, Kansas, MO, USA, 64106
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.

CorEnergy Infrastructure Trust (FRA:YJEB) Headlines

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