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Immofinanz AG (WAR:IIA) Cyclically Adjusted Price-to-FCF : 16.10 (As of May. 16, 2024)


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What is Immofinanz AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Immofinanz AG's current share price is zł101.40. Immofinanz AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł6.30. Immofinanz AG's Cyclically Adjusted Price-to-FCF for today is 16.10.

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

WAR:IIA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.42   Med: 10.56   Max: 16.35
Current: 16.35

During the past years, Immofinanz AG's highest Cyclically Adjusted Price-to-FCF was 16.35. The lowest was 6.42. And the median was 10.56.

WAR:IIA's Cyclically Adjusted Price-to-FCF is ranked worse than
59.8% of 694 companies
in the Real Estate industry
Industry Median: 12.645 vs WAR:IIA: 16.35

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.

Immofinanz AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was zł4.906. 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 zł6.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Immofinanz AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Immofinanz AG'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.

Immofinanz AG Cyclically Adjusted Price-to-FCF Chart

Immofinanz AG Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 9.49 10.74 7.59 14.43

Immofinanz AG 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 7.59 8.83 11.92 12.79 14.43

Competitive Comparison of Immofinanz AG's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Immofinanz AG'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.


Immofinanz AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Immofinanz AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=101.40/6.3
=16.10

* 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.

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

For example, Immofinanz AG'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)
=4.906/132.5695*132.5695
=4.906

Current CPI (Dec. 2023) = 132.5695.

Immofinanz AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 3.270 97.869 4.429
201404 3.921 99.134 5.243
201407 3.794 98.953 5.083
201410 0.442 99.496 0.589
201501 2.662 98.592 3.579
201504 -3.811 100.192 -5.043
201507 1.662 100.092 2.201
201510 2.008 100.192 2.657
201601 0.511 99.792 0.679
201604 -1.389 100.692 -1.829
201607 3.036 100.692 3.997
201610 -0.170 101.492 -0.222
201703 1.508 102.592 1.949
201706 0.121 102.991 0.156
201709 0.956 103.591 1.223
201712 0.736 104.291 0.936
201803 -0.208 104.491 -0.264
201806 1.082 105.091 1.365
201809 1.060 105.691 1.330
201812 1.073 106.291 1.338
201903 2.880 106.391 3.589
201906 0.851 106.791 1.056
201909 1.535 106.991 1.902
201912 2.313 108.091 2.837
202003 1.676 108.024 2.057
202006 0.696 107.915 0.855
202009 2.103 108.348 2.573
202012 1.545 109.321 1.874
202103 -0.891 110.186 -1.072
202106 0.438 110.943 0.523
202109 3.481 111.916 4.123
202112 4.005 113.971 4.659
202203 0.637 117.647 0.718
202206 0.355 120.567 0.390
202209 0.864 123.811 0.925
202212 -2.485 125.541 -2.624
202303 2.096 128.460 2.163
202306 3.418 130.191 3.480
202309 2.908 131.272 2.937
202312 4.906 132.570 4.906

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.


Immofinanz AG  (WAR:IIA) 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.


Immofinanz AG Cyclically Adjusted Price-to-FCF Related Terms

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Immofinanz AG (WAR:IIA) Business Description

Industry
Traded in Other Exchanges
Address
Wienerbergstrasse 11, Vienna, AUT, 1100
Immofinanz AG is a real estate investment and development company in Europe. The company invests in commercial real estate in Western and Eastern Europe. Approximately one-third of the company's investment portfolio is in Austria with Poland closely behind. In addition to professional property management, the company develops shopping centers under the brands 'VIVO!' and 'STOP SHOP.' The company's shopping center brand, 'VIVO!' focuses on single-story mall complexes that offer parking and recreational activities. Nearly half of the company's investment portfolio consists of VIVO locations. STOP SHOP is the company's retail parks brand. The parks are set up like outlet malls and focus on providing discount retail options for consumers.

Immofinanz AG (WAR:IIA) Headlines

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