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Franklin Street Properties (Franklin Street Properties) Cyclically Adjusted FCF per Share : $-0.15 (As of Dec. 2023)


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What is Franklin Street Properties Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Franklin Street Properties's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.007. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.15 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Franklin Street Properties was 14.50% per year. The lowest was -17.80% per year. And the median was -10.10% per year.

As of today (2024-04-27), Franklin Street Properties's current stock price is $2.00. Franklin Street Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.15. Franklin Street Properties's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Street Properties was 259.40. The lowest was 19.28. And the median was 55.12.


Franklin Street Properties Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Franklin Street Properties's Cyclically Adjusted FCF per Share 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.

Franklin Street Properties Cyclically Adjusted FCF per Share Chart

Franklin Street Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.15 0.13 -0.01 -0.15

Franklin Street Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.01 -0.04 -0.08 -0.11 -0.15

Competitive Comparison of Franklin Street Properties's Cyclically Adjusted FCF per Share

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Franklin Street Properties Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Franklin Street Properties'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)
=0.007/129.4194*129.4194
=0.007

Current CPI (Dec. 2023) = 129.4194.

Franklin Street Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.116 99.695 0.151
201406 0.239 100.560 0.308
201409 0.279 100.428 0.360
201412 0.210 99.070 0.274
201503 0.107 99.621 0.139
201506 -0.520 100.684 -0.668
201509 0.222 100.392 0.286
201512 0.233 99.792 0.302
201603 0.011 100.470 0.014
201606 -0.533 101.688 -0.678
201609 -0.229 101.861 -0.291
201612 -1.303 101.863 -1.655
201703 0.004 102.862 0.005
201706 0.105 103.349 0.131
201709 0.148 104.136 0.184
201712 0.132 104.011 0.164
201803 0.040 105.290 0.049
201806 0.048 106.317 0.058
201809 0.164 106.507 0.199
201812 0.020 105.998 0.024
201903 -0.054 107.251 -0.065
201906 0.013 108.070 0.016
201909 0.153 108.329 0.183
201912 -0.009 108.420 -0.011
202003 -0.120 108.902 -0.143
202006 -0.044 108.767 -0.052
202009 0.108 109.815 0.127
202012 -0.032 109.897 -0.038
202103 -0.134 111.754 -0.155
202106 -0.154 114.631 -0.174
202109 0.026 115.734 0.029
202112 -0.033 117.630 -0.036
202203 -0.190 121.301 -0.203
202206 -0.116 125.017 -0.120
202209 0.030 125.227 0.031
202212 -0.107 125.222 -0.111
202303 -0.121 127.348 -0.123
202306 -0.052 128.729 -0.052
202309 0.033 129.860 0.033
202312 0.007 129.419 0.007

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Franklin Street Properties  (AMEX:FSP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Franklin Street Properties was 259.40. The lowest was 19.28. And the median was 55.12.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Franklin Street Properties Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Franklin Street Properties's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Street Properties (Franklin Street Properties) Business Description

Industry
Traded in Other Exchanges
Address
401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.
Executives
Brian N Hansen director CONFLUENCE INVESTMENT MANAGEMENT LLC, 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119
Jonathan Bennett Odle 10 percent owner 3622 ENDEAVOR AVENUE, SUITE 101, COLUMBIA MO 65201
Dennis J Mcgillicuddy director 1221 S. TAMIAMI TRAIL, SARASOTA FL 34239
Wilkins Milton P Jr director 401 EDGEWATER PLACE, STE 200, WAKEFIELD MA 01880
Kenneth A Hoxsie director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Georgia Murray director 433 SHAWMUT AVE, BOSTON MA 02118
John N Burke director 175 DERBY STREET, SUITE 42, HINGHAM MA 02043
Kathryn P O'neil director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
John G Demeritt officer: Senior Vice President-Finance 401 EDGEWATER PLACE, STE. 200, WAKEFIELD MA 01880
George J Carter director, officer: CEO 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
Eriel Anchondo officer: SVP/Operations 401 EDGEWATER PL, STE. 200, WAKEFIELD MA 01880
Jeffrey B Carter officer: Executive Vice President 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
John F Donahue officer: Executive Vice President 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Barry Silverstein other: former director 2500 S. OCEAN BLVD., #503, BOCA RATON FL 33432
Barbara J Corinha director, officer: VP, COO, Treasurer & Secretary 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880

Franklin Street Properties (Franklin Street Properties) Headlines

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