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VONOY (Vonovia SE) Cyclically Adjusted Price-to-FCF : 12.14 (As of Jul. 17, 2025)


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What is Vonovia SE Cyclically Adjusted Price-to-FCF?

As of today (2025-07-17), Vonovia SE's current share price is $16.15. Vonovia SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.33. Vonovia SE's Cyclically Adjusted Price-to-FCF for today is 12.14.

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

VONOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.25   Med: 13.47   Max: 30.96
Current: 11.53

During the past years, Vonovia SE's highest Cyclically Adjusted Price-to-FCF was 30.96. The lowest was 8.25. And the median was 13.47.

VONOY's Cyclically Adjusted Price-to-FCF is ranked better than
51.71% of 700 companies
in the Real Estate industry
Industry Median: 12.325 vs VONOY: 11.53

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.

Vonovia SE's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.531. 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 $1.33 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vonovia SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vonovia SE'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.

Vonovia SE Cyclically Adjusted Price-to-FCF Chart

Vonovia SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.86 23.52 10.97 12.98 12.21

Vonovia SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 12.06 11.50 13.98 12.21 10.10

Competitive Comparison of Vonovia SE's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Vonovia SE'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.


Vonovia SE's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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


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Vonovia SE 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.15/1.33
=12.14

* 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.

Vonovia SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Vonovia SE's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.531/127.7792*127.7792
=0.531

Current CPI (Mar. 2025) = 127.7792.

Vonovia SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.206 100.417 0.262
201509 0.126 100.417 0.160
201512 0.225 99.717 0.288
201603 0.213 100.017 0.272
201606 0.205 100.717 0.260
201609 0.187 101.017 0.237
201612 0.175 101.217 0.221
201703 0.220 101.417 0.277
201706 0.222 102.117 0.278
201709 0.241 102.717 0.300
201712 0.220 102.617 0.274
201803 0.265 102.917 0.329
201806 0.232 104.017 0.285
201809 0.355 104.718 0.433
201812 0.223 104.217 0.273
201903 0.359 104.217 0.440
201906 0.300 105.718 0.363
201909 0.284 106.018 0.342
201912 0.389 105.818 0.470
202003 0.278 105.718 0.336
202006 0.219 106.618 0.262
202009 0.340 105.818 0.411
202012 0.354 105.518 0.429
202103 0.251 107.518 0.298
202106 0.387 108.486 0.456
202109 0.319 109.435 0.372
202112 0.491 110.384 0.568
202203 0.308 113.968 0.345
202206 0.381 115.760 0.421
202209 0.284 118.818 0.305
202212 0.397 119.345 0.425
202303 0.348 122.402 0.363
202306 0.256 123.140 0.266
202309 0.216 124.195 0.222
202312 0.415 123.773 0.428
202403 0.418 125.038 0.427
202406 0.333 125.882 0.338
202409 0.349 126.198 0.353
202412 0.477 127.041 0.480
202503 0.531 127.779 0.531

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.


Vonovia SE  (OTCPK:VONOY) 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.


Vonovia SE Cyclically Adjusted Price-to-FCF Related Terms

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


Vonovia SE Business Description

Industry
Address
Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.

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