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Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Cyclically Adjusted Price-to-FCF : 6.76 (As of Apr. 30, 2024)


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What is Nuveen Real Estateome Fund Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Nuveen Real Estateome Fund's current share price is $7.3001. Nuveen Real Estateome Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.08. Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF for today is 6.76.

The historical rank and industry rank for Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

JRS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.52   Med: 10.87   Max: 15.91
Current: 6.78

During the past 13 years, Nuveen Real Estateome Fund's highest Cyclically Adjusted Price-to-FCF was 15.91. The lowest was 5.52. And the median was 10.87.

JRS's Cyclically Adjusted Price-to-FCF is ranked better than
77.25% of 510 companies
in the Asset Management industry
Industry Median: 20.185 vs JRS: 6.78

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.

Nuveen Real Estateome Fund's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.845. 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 $1.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuveen Real Estateome Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nuveen Real Estateome Fund'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.

Nuveen Real Estateome Fund Cyclically Adjusted Price-to-FCF Chart

Nuveen Real Estateome Fund 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 14.93 11.07 14.80 7.00 7.22

Nuveen Real Estateome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.80 - 7.00 - 7.22

Competitive Comparison of Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Nuveen Real Estateome Fund'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.


Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF falls into.



Nuveen Real Estateome Fund 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.

Nuveen Real Estateome Fund's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.3001/1.08
=6.76

* 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.

Nuveen Real Estateome Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nuveen Real Estateome Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.845/129.4194*129.4194
=0.845

Current CPI (Dec23) = 129.4194.

Nuveen Real Estateome Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.506 99.070 0.661
201512 0.755 99.792 0.979
201612 0.814 101.863 1.034
201712 0.983 104.011 1.223
201812 1.509 105.998 1.842
201912 0.654 108.420 0.781
202012 1.429 109.897 1.683
202112 -0.417 117.630 -0.459
202212 2.174 125.222 2.247
202312 0.845 129.419 0.845

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.


Nuveen Real Estateome Fund  (NYSE:JRS) 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.


Nuveen Real Estateome Fund Cyclically Adjusted Price-to-FCF Related Terms

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


Nuveen Real Estateome Fund (Nuveen Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Real Estate Income Fund is a diversified closed-end investment company. The fund seeks to provide high current income and capital appreciation by investing in income-producing common stocks, preferred stocks, convertible preferred stocks and debt securities issued by real estate companies. It invests at least 80% of its total assets in income-producing equity securities issued by Real Estate Investment Trusts (REITs) and will not invest more than 25% of its total assets in non-investment grade preferred stocks, convertible preferred stocks, and debt securities.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Albin F Moschner other: Trustee C/O LURIO & ASSOCIATES, P.C., 2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Nathan J. Gear other: Portfolio Manager 10 SOUTH DEARBORN STREET, SUITE 1400, CHICAGO IL 60603
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
William A Siffermann officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606

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