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Kimco Realty (LTS:0JR1) Cyclically Adjusted Price-to-FCF : 11.13 (As of May. 27, 2024)


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What is Kimco Realty Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Kimco Realty's current share price is $18.59. Kimco Realty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.67. Kimco Realty's Cyclically Adjusted Price-to-FCF for today is 11.13.

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

LTS:0JR1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.07   Med: 15.2   Max: 263.18
Current: 10.98

During the past years, Kimco Realty's highest Cyclically Adjusted Price-to-FCF was 263.18. The lowest was 6.07. And the median was 15.20.

LTS:0JR1's Cyclically Adjusted Price-to-FCF is ranked better than
52.84% of 388 companies
in the REITs industry
Industry Median: 11.305 vs LTS:0JR1: 10.98

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.

Kimco Realty's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.263. 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 $1.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimco Realty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kimco Realty'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.

Kimco Realty Cyclically Adjusted Price-to-FCF Chart

Kimco Realty 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 16.31 11.13 15.91 12.93 12.66

Kimco Realty 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 11.67 11.63 10.53 12.66 11.66

Competitive Comparison of Kimco Realty's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Kimco Realty'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.


Kimco Realty's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Kimco Realty's Cyclically Adjusted Price-to-FCF falls into.



Kimco Realty 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.

Kimco Realty's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.59/1.67
=11.13

* 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.

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

For example, Kimco Realty'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)
=0.263/131.7762*131.7762
=0.263

Current CPI (Mar. 2024) = 131.7762.

Kimco Realty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.350 100.560 0.459
201409 0.447 100.428 0.587
201412 0.290 99.070 0.386
201503 0.393 99.621 0.520
201506 0.298 100.684 0.390
201509 0.428 100.392 0.562
201512 0.075 99.792 0.099
201603 0.331 100.470 0.434
201606 0.188 101.688 0.244
201609 0.544 101.861 0.704
201612 0.348 101.863 0.450
201703 0.370 102.862 0.474
201706 0.336 103.349 0.428
201709 0.457 104.136 0.578
201712 0.284 104.011 0.360
201803 0.453 105.290 0.567
201806 0.379 106.317 0.470
201809 0.392 106.507 0.485
201812 0.290 105.998 0.361
201903 0.369 107.251 0.453
201906 0.376 108.070 0.458
201909 0.401 108.329 0.488
201912 0.238 108.420 0.289
202003 0.361 108.902 0.437
202006 0.191 108.767 0.231
202009 0.531 109.815 0.637
202012 0.287 109.897 0.344
202103 0.343 111.754 0.404
202106 0.336 114.631 0.386
202109 0.225 115.734 0.256
202112 0.324 117.630 0.363
202203 0.315 121.301 0.342
202206 0.402 125.017 0.424
202209 0.426 125.227 0.448
202212 0.251 125.222 0.264
202303 0.557 127.348 0.576
202306 0.413 128.729 0.423
202309 0.455 129.860 0.462
202312 0.308 129.419 0.314
202403 0.263 131.776 0.263

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.


Kimco Realty  (LTS:0JR1) 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.


Kimco Realty Cyclically Adjusted Price-to-FCF Related Terms

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


Kimco Realty (LTS:0JR1) Business Description

Industry
Address
500 North Broadway, Suite 201, Jericho, NY, USA, 11753
One of the oldest real estate investment trusts in the United States, Kimco Realty owns interests in 5,282 shopping centers throughout major markets in the U.S., representing roughly 77 million square feet.

Kimco Realty (LTS:0JR1) Headlines

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