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KMC Properties ASA (OSL:KMCP) Cyclically Adjusted Price-to-FCF : 1.11 (As of May. 28, 2024)


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What is KMC Properties ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), KMC Properties ASA's current share price is kr7.20. KMC Properties ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr6.46. KMC Properties ASA's Cyclically Adjusted Price-to-FCF for today is 1.11.

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

OSL:KMCP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.48   Med: 1.03   Max: 2.19
Current: 1.11

During the past years, KMC Properties ASA's highest Cyclically Adjusted Price-to-FCF was 2.19. The lowest was 0.48. And the median was 1.03.

OSL:KMCP's Cyclically Adjusted Price-to-FCF is ranked better than
95.1% of 694 companies
in the Real Estate industry
Industry Median: 12.575 vs OSL:KMCP: 1.11

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.

KMC Properties ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.258. 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 kr6.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KMC Properties ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KMC Properties ASA'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.

KMC Properties ASA Cyclically Adjusted Price-to-FCF Chart

KMC Properties ASA 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 - 1.70 1.65 1.02 1.02

KMC Properties ASA Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 0.92 0.88 0.88 1.02 1.18

Competitive Comparison of KMC Properties ASA's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, KMC Properties ASA'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.


KMC Properties ASA's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where KMC Properties ASA's Cyclically Adjusted Price-to-FCF falls into.



KMC Properties ASA 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.

KMC Properties ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.20/6.46
=1.11

* 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.

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

For example, KMC Properties ASA'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)
=0.258/132.6000*132.6000
=0.258

Current CPI (Mar. 2024) = 132.6000.

KMC Properties ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 2.426 95.700 3.361
201309 1.968 96.400 2.707
201312 3.752 96.600 5.150
201403 0.846 97.300 1.153
201406 1.420 97.500 1.931
201409 2.245 98.500 3.022
201412 1.783 98.600 2.398
201503 5.061 99.200 6.765
201506 -3.125 100.100 -4.140
201509 2.301 100.600 3.033
201512 2.005 100.900 2.635
201603 0.199 102.500 0.257
201606 0.438 103.800 0.560
201609 2.770 104.200 3.525
201612 0.975 104.400 1.238
201703 4.896 105.000 6.183
201706 -3.337 105.800 -4.182
201709 -0.351 105.900 -0.439
201712 -0.295 106.100 -0.369
201803 -0.366 107.300 -0.452
201806 -0.201 108.500 -0.246
201812 0.000 109.800 0.000
201906 0.000 110.600 0.000
201912 0.000 111.300 0.000
202006 12.847 112.100 15.196
202009 8.036 112.900 9.438
202012 -0.686 112.900 -0.806
202103 -0.201 114.600 -0.233
202106 0.013 115.300 0.015
202109 0.166 117.500 0.187
202112 0.097 118.900 0.108
202203 0.137 119.800 0.152
202206 0.078 122.600 0.084
202209 0.138 125.600 0.146
202212 0.122 125.900 0.128
202303 0.223 127.600 0.232
202306 0.172 130.400 0.175
202309 0.425 129.800 0.434
202312 0.192 131.900 0.193
202403 0.258 132.600 0.258

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.


KMC Properties ASA  (OSL:KMCP) 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.


KMC Properties ASA Cyclically Adjusted Price-to-FCF Related Terms

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


KMC Properties ASA (OSL:KMCP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dyre Halses gate 1a, Trondheim, NOR, 7042
KMC Properties ASA is a real estate company whose business strategy is to invest in high-yield industrial and logistical properties, primarily in the light industry and warehouse segment. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The company's portfolio consisted of 61 industrial and logistics properties in the Nordics and the Netherlands. The company's four largest tenants are BEWI ASA, Insula AS, Grontvedt Group, and Scana ASA.

KMC Properties ASA (OSL:KMCP) Headlines

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