GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mapletree Logistics Trust (OTCPK:MAPGF) » Definitions » Cyclically Adjusted Price-to-FCF

Mapletree Logistics Trust (Mapletree Logistics Trust) Cyclically Adjusted Price-to-FCF : 11.78 (As of May. 26, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Mapletree Logistics Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Mapletree Logistics Trust's current share price is $1.06. Mapletree Logistics Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.09. Mapletree Logistics Trust's Cyclically Adjusted Price-to-FCF for today is 11.78.

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

MAPGF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.92   Med: 19.42   Max: 34.11
Current: 11.01

During the past years, Mapletree Logistics Trust's highest Cyclically Adjusted Price-to-FCF was 34.11. The lowest was 10.92. And the median was 19.42.

MAPGF's Cyclically Adjusted Price-to-FCF is ranked better than
52.45% of 387 companies
in the REITs industry
Industry Median: 11.26 vs MAPGF: 11.01

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.

Mapletree Logistics Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.028. 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 $0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mapletree Logistics Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mapletree Logistics 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.

Mapletree Logistics Trust Cyclically Adjusted Price-to-FCF Chart

Mapletree Logistics Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.68 26.48 20.27 15.81 14.03

Mapletree Logistics Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13.23 14.03 13.27 13.57 13.98

Competitive Comparison of Mapletree Logistics Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, Mapletree Logistics 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.


Mapletree Logistics Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Mapletree Logistics 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.

Mapletree Logistics Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.06/0.09
=11.78

* 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.

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

For example, Mapletree Logistics Trust'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)
=0.028/129.4194*129.4194
=0.028

Current CPI (Dec. 2023) = 129.4194.

Mapletree Logistics Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.019 99.695 0.025
201406 0.022 100.560 0.028
201409 0.018 100.428 0.023
201412 0.014 99.070 0.018
201503 0.019 99.621 0.025
201506 0.014 100.684 0.018
201509 0.022 100.392 0.028
201512 0.015 99.792 0.019
201603 0.016 100.470 0.021
201606 0.015 101.688 0.019
201609 0.023 101.861 0.029
201612 0.018 101.863 0.023
201703 0.020 102.862 0.025
201706 0.017 103.349 0.021
201709 0.023 104.136 0.029
201712 0.010 104.011 0.012
201803 0.022 105.290 0.027
201806 0.014 106.317 0.017
201809 0.025 106.507 0.030
201812 0.016 105.998 0.020
201903 0.020 107.251 0.024
201906 0.010 108.070 0.012
201909 0.019 108.329 0.023
201912 0.026 108.420 0.031
202003 0.017 108.902 0.020
202006 0.023 108.767 0.027
202009 0.020 109.815 0.024
202012 0.020 109.897 0.024
202103 0.020 111.754 0.023
202106 0.024 114.631 0.027
202109 0.020 115.734 0.022
202112 0.017 117.630 0.019
202203 0.022 121.301 0.023
202206 0.023 125.017 0.024
202209 0.026 125.227 0.027
202212 0.022 125.222 0.023
202303 0.022 127.348 0.022
202306 0.015 128.729 0.015
202309 0.021 129.860 0.021
202312 0.028 129.419 0.028

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.


Mapletree Logistics Trust  (OTCPK:MAPGF) 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.


Mapletree Logistics Trust Cyclically Adjusted Price-to-FCF Related Terms

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


Mapletree Logistics Trust (Mapletree Logistics Trust) Business Description

Industry
Traded in Other Exchanges
Address
10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Logistics Trust is a real estate investment trust focusing on logistics properties. As of March 31, 2023, the trust had a SGD 12.8 billion portfolio of 185 properties, spread across Singapore, Hong Kong, Japan, China, South Korea, Australia, Malaysia, Vietnam, and India. The trust is externally managed by Mapletree Logistics Trust Management Ltd, a subsidiary of Mapletree Investments Pte Ltd, which owns around a 32% stake in the trust.

Mapletree Logistics Trust (Mapletree Logistics Trust) Headlines

From GuruFocus

Mapletree Logistics Trust's Dividend Analysis

By GuruFocus Research 10-31-2023