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Norstar Holdings (XTAE:NSTR) Cyclically Adjusted Price-to-FCF : 0.44 (As of Jun. 09, 2024)


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What is Norstar Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Norstar Holdings's current share price is ₪7.277. Norstar Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪16.70. Norstar Holdings's Cyclically Adjusted Price-to-FCF for today is 0.44.

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

XTAE:NSTR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.43   Med: 1.45   Max: 3.52
Current: 0.44

During the past years, Norstar Holdings's highest Cyclically Adjusted Price-to-FCF was 3.52. The lowest was 0.43. And the median was 1.45.

XTAE:NSTR's Cyclically Adjusted Price-to-FCF is ranked better than
97.85% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs XTAE:NSTR: 0.44

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.

Norstar Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪1.804. 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 ₪16.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norstar Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Norstar Holdings'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.

Norstar Holdings Cyclically Adjusted Price-to-FCF Chart

Norstar Holdings 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 - 1.66 2.21 0.80 0.61

Norstar Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 0.51 0.54 0.61 0.62

Competitive Comparison of Norstar Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Norstar Holdings'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.


Norstar Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Norstar Holdings 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.

Norstar Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.277/16.7
=0.44

* 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.

Norstar Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Norstar Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.804/131.7762*131.7762
=1.804

Current CPI (Mar. 2024) = 131.7762.

Norstar Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.459 100.560 1.912
201409 1.432 100.428 1.879
201412 1.528 99.070 2.032
201503 0.925 99.621 1.224
201506 1.690 100.684 2.212
201509 3.578 100.392 4.697
201512 1.715 99.792 2.265
201603 1.235 100.470 1.620
201606 10.884 101.688 14.104
201609 2.701 101.861 3.494
201612 3.761 101.863 4.865
201703 0.786 102.862 1.007
201706 0.693 103.349 0.884
201709 13.227 104.136 16.738
201712 -0.916 104.011 -1.161
201803 8.129 105.290 10.174
201806 -2.578 106.317 -3.195
201809 -2.674 106.507 -3.308
201812 11.210 105.998 13.936
201903 5.072 107.251 6.232
201906 4.718 108.070 5.753
201909 13.307 108.329 16.187
201912 6.335 108.420 7.700
202003 8.162 108.902 9.876
202006 -1.056 108.767 -1.279
202009 0.458 109.815 0.550
202012 3.591 109.897 4.306
202103 1.483 111.754 1.749
202106 3.342 114.631 3.842
202109 -0.295 115.734 -0.336
202112 6.173 117.630 6.915
202203 1.157 121.301 1.257
202206 6.679 125.017 7.040
202209 1.800 125.227 1.894
202212 6.789 125.222 7.144
202303 4.467 127.348 4.622
202306 1.024 128.729 1.048
202309 2.369 129.860 2.404
202312 2.828 129.419 2.879
202403 1.804 131.776 1.804

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.


Norstar Holdings  (XTAE:NSTR) 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.


Norstar Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Norstar Holdings (XTAE:NSTR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
c/o Meitar Liquornik Geva & Leshem Brandwein Law Office, 16 Aba Hilel Silver Street, Ramat Gan, ISR, 52506
Norstar Holdings Inc is a multinational real estate holdings company based in Israel. The company is the major shareholder of Gazit Globe, a multi-national real estate investment company that acquires, develops, and manages supermarket anchored shopping centers. The company operates through a variety of subsidiaries: in the United States through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc.; in Canada through First Capital Realty Inc.; and in Europe through Citycon Oyj. In the United States the company focuses on projects in the senior housing and the medical office building sectors in North America.

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