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Vitura (XPAR:VTR) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Vitura Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitura Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vitura'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.

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Vitura Cyclically Adjusted Price-to-FCF Chart

Vitura Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Vitura Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Vitura's Cyclically Adjusted Price-to-FCF

For the REIT - Office subindustry, Vitura'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.


Vitura's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Vitura 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.

Vitura's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Vitura's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.15/118.3900*118.3900
=-1.150

Current CPI (Dec23) = 118.3900.

Vitura Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.555 99.860 1.844
201512 0.544 100.040 0.644
201612 -9.480 100.650 -11.151
201712 2.122 101.850 2.467
201812 -12.533 103.470 -14.340
201912 1.105 104.980 1.246
202012 1.944 104.960 2.193
202112 -4.163 107.850 -4.570
202212 -1.335 114.160 -1.384
202312 -1.150 118.390 -1.150

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.


Vitura  (XPAR:VTR) 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.


Vitura Cyclically Adjusted Price-to-FCF Related Terms

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


Vitura (XPAR:VTR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vitura (XPAR:VTR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
42, rue de Bassano, Paris, FRA, 75008
Vitura formerly Cegereal is a real estate company, engaged in the ownership and management of office properties in France. Its asset portfolio comprises three office properties in the inner suburbs of Paris. The company is engaged in the acquisition and management of large-scale office property assets, which are leased to national and international companies, including Credit Foncier de France, CAP Gemini, GE Capital, Galderma, Canal Plus, Hewlett Packard, Boursorama, among others.

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