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S IMMO AG (WBO:SPI) Cyclically Adjusted Price-to-FCF : 11.85 (As of May. 01, 2024)


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What is S IMMO AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), S IMMO AG's current share price is €17.30. S IMMO AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.46. S IMMO AG's Cyclically Adjusted Price-to-FCF for today is 11.85.

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

WBO:SPI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.82   Med: 13.62   Max: 20.27
Current: 11.68

During the past years, S IMMO AG's highest Cyclically Adjusted Price-to-FCF was 20.27. The lowest was 7.82. And the median was 13.62.

WBO:SPI's Cyclically Adjusted Price-to-FCF is ranked better than
53.09% of 680 companies
in the Real Estate industry
Industry Median: 12.525 vs WBO:SPI: 11.68

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.

S IMMO AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.648. 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 €1.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


S IMMO AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for S IMMO 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.

S IMMO AG Cyclically Adjusted Price-to-FCF Chart

S IMMO AG 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 17.09 12.81 16.97 9.31 8.56

S IMMO 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 9.31 9.63 8.47 8.93 8.56

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

For the Real Estate Services subindustry, S IMMO 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.


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

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

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



S IMMO 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.30/1.46
=11.85

* 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.

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

For example, S IMMO 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)
=0.648/132.0288*132.0288
=0.648

Current CPI (Dec. 2023) = 132.0288.

S IMMO AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.286 99.044 0.381
201406 0.312 99.496 0.414
201409 0.088 99.586 0.117
201412 0.566 99.676 0.750
201503 0.301 99.992 0.397
201506 0.354 100.492 0.465
201509 0.336 100.292 0.442
201512 0.311 100.692 0.408
201603 0.322 100.692 0.422
201606 0.307 101.092 0.401
201609 0.386 101.192 0.504
201612 0.337 102.092 0.436
201703 0.304 102.592 0.391
201706 0.302 102.991 0.387
201709 0.328 103.591 0.418
201712 0.162 104.291 0.205
201803 0.286 104.491 0.361
201806 0.139 105.091 0.175
201809 0.368 105.691 0.460
201812 0.328 106.291 0.407
201903 0.228 106.391 0.283
201906 0.286 106.791 0.354
201909 0.328 106.991 0.405
201912 0.316 108.091 0.386
202003 0.236 108.024 0.288
202006 0.050 107.915 0.061
202009 0.284 108.348 0.346
202012 0.170 109.321 0.205
202103 0.183 110.186 0.219
202106 0.272 110.943 0.324
202109 0.121 111.916 0.143
202112 0.385 113.971 0.446
202203 0.251 117.647 0.282
202206 -0.016 120.567 -0.018
202209 0.410 123.811 0.437
202212 0.242 125.541 0.255
202303 0.501 128.461 0.515
202306 0.593 130.191 0.601
202309 0.476 131.272 0.479
202312 0.648 132.029 0.648

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.


S IMMO AG  (WBO:SPI) 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.


S IMMO AG Cyclically Adjusted Price-to-FCF Related Terms

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S IMMO AG (WBO:SPI) Business Description

Industry
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Traded in Other Exchanges
Address
Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010
S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.