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Federal Realty Investment Trust (STU:QM1) Cyclically Adjusted Price-to-FCF : 139.53 (As of May. 24, 2024)


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What is Federal Realty Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Federal Realty Investment Trust's current share price is €120.00. Federal Realty Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.86. Federal Realty Investment Trust's Cyclically Adjusted Price-to-FCF for today is 139.53.

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

STU:QM1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 68.81   Med: 130.38   Max: 317.02
Current: 134.39

During the past years, Federal Realty Investment Trust's highest Cyclically Adjusted Price-to-FCF was 317.02. The lowest was 68.81. And the median was 130.38.

STU:QM1's Cyclically Adjusted Price-to-FCF is ranked worse than
97.42% of 387 companies
in the REITs industry
Industry Median: 11.46 vs STU:QM1: 134.39

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.

Federal Realty Investment Trust's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.862. 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 €0.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Realty Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Federal Realty Investment 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.

Federal Realty Investment Trust Cyclically Adjusted Price-to-FCF Chart

Federal Realty Investment Trust 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 123.62 153.69 313.45 284.61 166.30

Federal Realty Investment Trust 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 251.30 207.30 165.12 166.30 139.12

Competitive Comparison of Federal Realty Investment Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Federal Realty Investment 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.


Federal Realty Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Federal Realty Investment 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.

Federal Realty Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=120.00/0.86
=139.53

* 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.

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

For example, Federal Realty Investment Trust'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)
=0.862/131.7762*131.7762
=0.862

Current CPI (Mar. 2024) = 131.7762.

Federal Realty Investment Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.020 100.560 0.026
201409 -0.291 100.428 -0.382
201412 0.160 99.070 0.213
201503 0.224 99.621 0.296
201506 0.147 100.684 0.192
201509 0.363 100.392 0.476
201512 0.401 99.792 0.530
201603 0.474 100.470 0.622
201606 0.012 101.688 0.016
201609 -0.604 101.861 -0.781
201612 0.012 101.863 0.016
201703 -0.150 102.862 -0.192
201706 -0.156 103.349 -0.199
201709 -0.289 104.136 -0.366
201712 -0.128 104.011 -0.162
201803 0.388 105.290 0.486
201806 0.498 106.317 0.617
201809 0.224 106.507 0.277
201812 0.618 105.998 0.768
201903 0.328 107.251 0.403
201906 0.528 108.070 0.644
201909 -0.095 108.329 -0.116
201912 -0.145 108.420 -0.176
202003 -0.043 108.902 -0.052
202006 -0.690 108.767 -0.836
202009 -0.209 109.815 -0.251
202012 -0.555 109.897 -0.665
202103 0.343 111.754 0.404
202106 -0.019 114.631 -0.022
202109 0.054 115.734 0.061
202112 -0.042 117.630 -0.047
202203 0.209 121.301 0.227
202206 0.572 125.017 0.603
202209 0.736 125.227 0.774
202212 -0.293 125.222 -0.308
202303 0.765 127.348 0.792
202306 0.798 128.729 0.817
202309 0.814 129.860 0.826
202312 0.420 129.419 0.428
202403 0.862 131.776 0.862

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.


Federal Realty Investment Trust  (STU:QM1) 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.


Federal Realty Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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Federal Realty Investment Trust (STU:QM1) Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, Suite 200, North Bethesda, MD, USA, 20852
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 102 properties, which includes 25.8 million square feet of retail space and over 3,100 multifamily units. Federal's retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers. Federal Realty has focused on owning assets in highly desirable areas with significant growth, and as a result, the average population density and average median household income are higher for its portfolio than for any other retail REIT.

Federal Realty Investment Trust (STU:QM1) Headlines

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