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DREAM Unlimited (TSX:DRM) Cyclically Adjusted Price-to-FCF : 77.87 (As of Apr. 30, 2024)


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What is DREAM Unlimited Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), DREAM Unlimited's current share price is C$17.91. DREAM Unlimited's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.23. DREAM Unlimited's Cyclically Adjusted Price-to-FCF for today is 77.87.

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

TSX:DRM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.78   Med: 64.96   Max: 119.1
Current: 78.78

During the past years, DREAM Unlimited's highest Cyclically Adjusted Price-to-FCF was 119.10. The lowest was 33.78. And the median was 64.96.

TSX:DRM's Cyclically Adjusted Price-to-FCF is ranked worse than
92.79% of 680 companies
in the Real Estate industry
Industry Median: 12.525 vs TSX:DRM: 78.78

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.

DREAM Unlimited's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$0.426. 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 C$0.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DREAM Unlimited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DREAM Unlimited'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.

DREAM Unlimited Cyclically Adjusted Price-to-FCF Chart

DREAM Unlimited 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 - - - 63.42 99.35

DREAM Unlimited 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 63.42 45.10 43.10 70.25 99.35

Competitive Comparison of DREAM Unlimited's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, DREAM Unlimited'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.


DREAM Unlimited's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



DREAM Unlimited 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.91/0.23
=77.87

* 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.

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

For example, DREAM Unlimited'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)
=0.426/125.4675*125.4675
=0.426

Current CPI (Dec. 2023) = 125.4675.

DREAM Unlimited Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.401 98.604 -1.783
201406 0.757 99.473 0.955
201409 -0.009 99.394 -0.011
201412 0.274 98.367 0.349
201503 -0.470 99.789 -0.591
201506 -0.161 100.500 -0.201
201509 -0.024 100.421 -0.030
201512 0.182 99.947 0.228
201603 1.058 101.054 1.314
201606 -0.308 102.002 -0.379
201609 0.355 101.765 0.438
201612 0.870 101.449 1.076
201703 0.297 102.634 0.363
201706 0.516 103.029 0.628
201709 0.395 103.345 0.480
201712 0.995 103.345 1.208
201803 -1.174 105.004 -1.403
201806 0.063 105.557 0.075
201809 -0.244 105.636 -0.290
201812 -0.364 105.399 -0.433
201903 -0.602 106.979 -0.706
201906 0.061 107.690 0.071
201909 -0.369 107.611 -0.430
201912 5.133 107.769 5.976
202003 -2.242 107.927 -2.606
202006 -0.134 108.401 -0.155
202009 0.354 108.164 0.411
202012 0.417 108.559 0.482
202103 0.147 110.298 0.167
202106 0.390 111.720 0.438
202109 0.228 112.905 0.253
202112 0.752 113.774 0.829
202203 -1.936 117.646 -2.065
202206 0.591 120.806 0.614
202209 -0.221 120.648 -0.230
202212 -0.891 120.964 -0.924
202303 -0.323 122.702 -0.330
202306 0.445 124.203 0.450
202309 -2.379 125.230 -2.384
202312 0.426 125.468 0.426

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.


DREAM Unlimited  (TSX:DRM) 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.


DREAM Unlimited Cyclically Adjusted Price-to-FCF Related Terms

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


DREAM Unlimited (TSX:DRM) Business Description

Industry
Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
DREAM Unlimited Corp is a real estate company. The company's divisions include Asset management; Stabilized income generating assets; Urban development - Toronto and Ottawa and Western Canada community development. It generates maximum revenue from the Asset Management segment. Its segments are Recurring income and Development.

DREAM Unlimited (TSX:DRM) Headlines

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