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Madison Pacific Properties (TSX:MPC) Cyclically Adjusted Price-to-FCF : 40.27 (As of Apr. 30, 2024)


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What is Madison Pacific Properties Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Madison Pacific Properties's current share price is C$6.04. Madison Pacific Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$0.15. Madison Pacific Properties's Cyclically Adjusted Price-to-FCF for today is 40.27.

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

TSX:MPC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.82   Med: 38.33   Max: 315
Current: 38.77

During the past years, Madison Pacific Properties's highest Cyclically Adjusted Price-to-FCF was 315.00. The lowest was 20.82. And the median was 38.33.

TSX:MPC's Cyclically Adjusted Price-to-FCF is ranked worse than
84.12% of 680 companies
in the Real Estate industry
Industry Median: 12.525 vs TSX:MPC: 38.77

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.

Madison Pacific Properties's adjusted free cash flow per share data for the three months ended in Feb. 2024 was C$-0.438. 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$0.15 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Pacific Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Madison Pacific Properties'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.

Madison Pacific Properties Cyclically Adjusted Price-to-FCF Chart

Madison Pacific Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.63 23.88 34.63 35.96 31.95

Madison Pacific Properties Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 37.98 30.32 31.95 29.74 38.84

Competitive Comparison of Madison Pacific Properties's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Madison Pacific Properties'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.


Madison Pacific Properties's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Madison Pacific Properties 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.

Madison Pacific Properties's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.04/0.15
=40.27

* 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.

Madison Pacific Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Madison Pacific Properties's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.438/125.4675*125.4675
=-0.438

Current CPI (Feb. 2024) = 125.4675.

Madison Pacific Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.052 99.394 0.066
201408 -0.013 99.315 -0.016
201411 0.070 99.078 0.089
201502 0.046 99.078 0.058
201505 0.017 100.263 0.021
201508 0.003 100.579 0.004
201511 0.055 100.421 0.069
201602 0.073 100.421 0.091
201605 0.060 101.765 0.074
201608 0.051 101.686 0.063
201611 0.119 101.607 0.147
201702 0.019 102.476 0.023
201705 0.070 103.108 0.085
201708 0.024 103.108 0.029
201711 0.060 103.740 0.073
201802 0.053 104.688 0.064
201805 0.071 105.399 0.085
201808 0.027 106.031 0.032
201811 0.069 105.478 0.082
201902 0.037 106.268 0.044
201905 0.004 107.927 0.005
201908 0.033 108.085 0.038
201911 0.040 107.769 0.047
202002 0.069 108.559 0.080
202005 0.052 107.532 0.061
202008 0.026 108.243 0.030
202011 0.059 108.796 0.068
202102 0.008 109.745 0.009
202105 0.056 111.404 0.063
202108 0.016 112.668 0.018
202111 0.055 113.932 0.061
202202 0.013 115.986 0.014
202205 0.069 120.016 0.072
202208 0.019 120.569 0.020
202211 0.060 121.675 0.062
202302 -0.014 122.070 -0.014
202305 0.070 124.045 0.071
202308 -0.038 125.389 -0.038
202311 0.088 125.468 0.088
202402 -0.438 125.468 -0.438

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.


Madison Pacific Properties  (TSX:MPC) 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.


Madison Pacific Properties Cyclically Adjusted Price-to-FCF Related Terms

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


Madison Pacific Properties (TSX:MPC) Business Description

Traded in Other Exchanges
Address
389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.

Madison Pacific Properties (TSX:MPC) Headlines