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Ovaro Kiinteistosijoitus Oyj (OHEL:OVARO) Cyclically Adjusted Price-to-FCF : (As of Sep. 22, 2024)


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What is Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ovaro Kiinteistosijoitus Oyj'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.

Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted Price-to-FCF Chart

Ovaro Kiinteistosijoitus Oyj 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 - - 19.60 19.27 -

Ovaro Kiinteistosijoitus Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 42.53 - - - -

Competitive Comparison of Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Ovaro Kiinteistosijoitus Oyj'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.


Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Price-to-FCF falls into.



Ovaro Kiinteistosijoitus Oyj 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.

Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ovaro Kiinteistosijoitus Oyj's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.014/122.2300*122.2300
=-0.014

Current CPI (Jun. 2024) = 122.2300.

Ovaro Kiinteistosijoitus Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.000 100.726 0.000
201412 -0.568 100.229 -0.693
201503 -0.109 100.120 -0.133
201506 -0.188 100.030 -0.230
201509 0.028 100.130 0.034
201512 0.091 99.990 0.111
201603 -0.003 100.080 -0.004
201606 -0.039 100.390 -0.047
201609 0.013 100.540 0.016
201612 0.023 101.020 0.028
201703 0.020 100.910 0.024
201706 -0.060 101.140 -0.073
201709 0.114 101.320 0.138
201712 -0.002 101.510 -0.002
201803 0.030 101.730 0.036
201806 0.071 102.320 0.085
201809 0.026 102.600 0.031
201812 0.131 102.710 0.156
201903 0.024 102.870 0.029
201906 -0.031 103.360 -0.037
201909 0.045 103.540 0.053
201912 -0.006 103.650 -0.007
202003 0.006 103.490 0.007
202006 -0.137 103.320 -0.162
202009 0.103 103.710 0.121
202012 -0.004 103.890 -0.005
202103 -0.016 104.870 -0.019
202106 0.003 105.360 0.003
202109 -0.038 106.290 -0.044
202112 -0.114 107.490 -0.130
202203 -0.023 110.950 -0.025
202206 0.151 113.570 0.163
202209 0.061 114.920 0.065
202212 -0.258 117.320 -0.269
202303 -0.031 119.750 -0.032
202306 0.074 120.690 0.075
202309 -0.001 121.280 -0.001
202312 -0.037 121.540 -0.037
202403 0.037 122.360 0.037
202406 -0.014 122.230 -0.014

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.


Ovaro Kiinteistosijoitus Oyj  (OHEL:OVARO) 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.


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Ovaro Kiinteistosijoitus Oyj Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 113, Helsinki, FIN, 00280
Ovaro Kiinteistosijoitus Oyj is a real estate investment company. It invests in Finnish rental apartments and other real estate sites. Its portfolio consists of apartments, business facilities, and parking lots.

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