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Lamda Development (LTS:0NCY) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Lamda Development Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lamda Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lamda Development'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.

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Lamda Development Cyclically Adjusted Price-to-FCF Chart

Lamda Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Lamda Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Lamda Development's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Lamda Development'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.


Lamda Development's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Lamda Development 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.

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

For example, Lamda Development'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)
=-0.091/116.3641*116.3641
=-0.091

Current CPI (Dec. 2023) = 116.3641.

Lamda Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.084 102.748 0.095
201406 -0.094 103.060 -0.106
201409 -0.025 102.624 -0.028
201412 0.010 100.254 0.012
201503 -0.014 100.549 -0.016
201506 0.004 100.838 0.005
201509 0.010 100.856 0.012
201512 -0.024 100.087 -0.028
201603 0.018 99.041 0.021
201606 0.031 100.121 0.036
201609 -0.048 99.878 -0.056
201612 0.002 100.110 0.002
201703 -0.033 100.770 -0.038
201706 0.005 101.138 0.006
201709 0.016 100.882 0.018
201712 0.346 100.762 0.400
201803 0.060 100.534 0.069
201806 -0.127 102.121 -0.145
201809 -0.085 101.982 -0.097
201812 -0.547 101.330 -0.628
201903 0.014 101.482 0.016
201906 0.062 101.837 0.071
201909 -0.025 101.906 -0.029
201912 -0.186 102.120 -0.212
202003 -0.083 101.479 -0.095
202006 -0.153 100.239 -0.178
202009 -0.015 99.886 -0.017
202012 0.073 99.751 0.085
202103 -0.110 99.817 -0.128
202106 -0.062 101.270 -0.071
202109 0.121 102.095 0.138
202112 0.079 104.853 0.088
202203 -0.130 108.651 -0.139
202206 -0.147 113.517 -0.151
202209 -0.026 114.371 -0.026
202212 0.345 112.428 0.357
202303 0.206 113.620 0.211
202306 0.403 115.515 0.406
202309 -0.204 116.234 -0.204
202312 -0.091 116.364 -0.091

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.


Lamda Development  (LTS:0NCY) 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.


Lamda Development Cyclically Adjusted Price-to-FCF Related Terms

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Lamda Development (LTS:0NCY) Business Description

Industry
Traded in Other Exchanges
Address
37A Kifissias Avenue (Inside Golden Hall), Maroussi, GRC, 15123
Lamda Development SA is a holding company specializing in real estate development, investment, and management. The company's development portfolio includes three commercial and leisure centers, namely The Mall Athens, Golden Hall, and Mediterranean Cosmos; office buildings, and residential complexes. The company's investment portfolio is located in Greece and is mostly in the retail industry. In addition, Lamda Development develops land, builds marinas, maintains yachts, and provides refurbishing and airport services.

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