GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (HAM:TEG) » Definitions » Cyclically Adjusted Price-to-FCF

TAG Immobilien AG (HAM:TEG) Cyclically Adjusted Price-to-FCF : 13.81 (As of May. 23, 2024)


View and export this data going back to 2000. Start your Free Trial

What is TAG Immobilien AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), TAG Immobilien AG's current share price is €14.78. TAG Immobilien AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.07. TAG Immobilien AG's Cyclically Adjusted Price-to-FCF for today is 13.81.

The historical rank and industry rank for TAG Immobilien AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HAM:TEG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.4   Med: 36.94   Max: 90.82
Current: 13.73

During the past years, TAG Immobilien AG's highest Cyclically Adjusted Price-to-FCF was 90.82. The lowest was 6.40. And the median was 36.94.

HAM:TEG's Cyclically Adjusted Price-to-FCF is ranked worse than
53.1% of 693 companies
in the Real Estate industry
Industry Median: 12.79 vs HAM:TEG: 13.73

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.

TAG Immobilien AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.652. 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 €1.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAG Immobilien AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TAG Immobilien AG'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.

TAG Immobilien AG Cyclically Adjusted Price-to-FCF Chart

TAG Immobilien AG 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 54.33 39.88 30.17 6.78 13.05

TAG Immobilien AG 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 6.84 9.31 10.51 13.05 11.80

Competitive Comparison of TAG Immobilien AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, TAG Immobilien AG'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.


TAG Immobilien AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Immobilien AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TAG Immobilien AG's Cyclically Adjusted Price-to-FCF falls into.



TAG Immobilien AG 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.

TAG Immobilien AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.78/1.07
=13.81

* 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.

TAG Immobilien AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TAG Immobilien AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.652/125.0381*125.0381
=0.652

Current CPI (Mar. 2024) = 125.0381.

TAG Immobilien AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.148 99.543 0.186
201409 0.189 99.823 0.237
201412 0.106 99.543 0.133
201503 0.153 99.717 0.192
201506 0.118 100.417 0.147
201509 0.142 100.417 0.177
201512 0.130 99.717 0.163
201603 0.121 100.017 0.151
201606 0.191 100.717 0.237
201609 0.284 101.017 0.352
201612 0.076 101.217 0.094
201703 0.101 101.417 0.125
201706 0.230 102.117 0.282
201709 0.226 102.717 0.275
201712 0.182 102.617 0.222
201803 0.184 102.917 0.224
201806 0.317 104.017 0.381
201809 0.187 104.718 0.223
201812 0.249 104.217 0.299
201903 0.185 104.217 0.222
201906 0.261 105.718 0.309
201909 0.207 106.018 0.244
201912 0.229 105.818 0.271
202003 0.087 105.718 0.103
202006 0.253 106.618 0.297
202009 0.162 105.818 0.191
202012 1.018 105.518 1.206
202103 0.281 107.518 0.327
202106 0.335 108.486 0.386
202109 0.129 109.435 0.147
202112 0.162 110.384 0.184
202203 0.091 113.968 0.100
202206 0.306 115.760 0.331
202209 -0.040 118.818 -0.042
202212 0.315 119.345 0.330
202303 0.265 122.402 0.271
202306 0.029 123.140 0.029
202309 0.214 124.195 0.215
202312 0.858 123.773 0.867
202403 0.652 125.038 0.652

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.


TAG Immobilien AG  (HAM:TEG) 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.


TAG Immobilien AG Cyclically Adjusted Price-to-FCF Related Terms

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


TAG Immobilien AG (HAM:TEG) Business Description

Industry
Traded in Other Exchanges
Address
Steckelhorn 5, Hamburg, DEU, 20457
TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (HAM:TEG) Headlines

No Headlines