GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CubeSmart (STU:UK8) » Definitions » Cyclically Adjusted Price-to-FCF

CubeSmart (STU:UK8) Cyclically Adjusted Price-to-FCF : 19.93 (As of May. 16, 2024)


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

What is CubeSmart Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), CubeSmart's current share price is €39.46. CubeSmart's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.98. CubeSmart's Cyclically Adjusted Price-to-FCF for today is 19.93.

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

STU:UK8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.26   Med: 43.38   Max: 103.97
Current: 19.84

During the past years, CubeSmart's highest Cyclically Adjusted Price-to-FCF was 103.97. The lowest was 16.26. And the median was 43.38.

STU:UK8's Cyclically Adjusted Price-to-FCF is ranked worse than
70.36% of 388 companies
in the REITs industry
Industry Median: 11.63 vs STU:UK8: 19.84

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.

CubeSmart's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.610. 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 €1.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CubeSmart Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CubeSmart'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.

CubeSmart Cyclically Adjusted Price-to-FCF Chart

CubeSmart 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 43.69 35.32 34.28 21.09 22.01

CubeSmart 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 23.40 22.00 18.29 22.01 21.08

Competitive Comparison of CubeSmart's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, CubeSmart'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.


CubeSmart's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



CubeSmart 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.

CubeSmart's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.46/1.98
=19.93

* 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.

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

For example, CubeSmart'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)
=0.61/129.4194*129.4194
=0.610

Current CPI (Mar. 2024) = 129.4194.

CubeSmart Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.205 100.560 0.264
201409 0.242 100.428 0.312
201412 0.235 99.070 0.307
201503 0.240 99.621 0.312
201506 0.303 100.684 0.389
201509 0.322 100.392 0.415
201512 0.288 99.792 0.374
201603 0.322 100.470 0.415
201606 0.308 101.688 0.392
201609 0.382 101.861 0.485
201612 0.315 101.863 0.400
201703 0.350 102.862 0.440
201706 0.389 103.349 0.487
201709 0.355 104.136 0.441
201712 0.317 104.011 0.394
201803 0.293 105.290 0.360
201806 0.415 106.317 0.505
201809 0.362 106.507 0.440
201812 0.327 105.998 0.399
201903 0.355 107.251 0.428
201906 0.473 108.070 0.566
201909 0.387 108.329 0.462
201912 0.334 108.420 0.399
202003 0.377 108.902 0.448
202006 0.492 108.767 0.585
202009 0.346 109.815 0.408
202012 0.348 109.897 0.410
202103 0.412 111.754 0.477
202106 0.488 114.631 0.551
202109 0.524 115.734 0.586
202112 0.441 117.630 0.485
202203 0.526 121.301 0.561
202206 0.643 125.017 0.666
202209 0.725 125.227 0.749
202212 0.606 125.222 0.626
202303 0.565 127.348 0.574
202306 0.653 128.729 0.657
202309 0.697 129.860 0.695
202312 0.591 129.419 0.591
202403 0.610 129.419 0.610

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.


CubeSmart  (STU:UK8) 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.


CubeSmart Cyclically Adjusted Price-to-FCF Related Terms

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


CubeSmart (STU:UK8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CubeSmart (STU:UK8) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
5 Old Lancaster Road, Malvern, PA, USA, 19355
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

CubeSmart (STU:UK8) Headlines

No Headlines