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RLJ Lodging Trust (RLJ Lodging Trust) Cyclically Adjusted FCF per Share : $2.04 (As of Dec. 2023)


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What is RLJ Lodging Trust 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.

RLJ Lodging Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.576. 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 $2.04 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. 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 RLJ Lodging Trust was 1.90% per year. The lowest was -0.60% per year. And the median was 0.65% per year.

As of today (2024-04-27), RLJ Lodging Trust's current stock price is $11.11. RLJ Lodging Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.04. RLJ Lodging Trust's Cyclically Adjusted Price-to-FCF of today is 5.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RLJ Lodging Trust was 10.49. The lowest was 2.24. And the median was 5.97.


RLJ Lodging Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for RLJ Lodging Trust'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.

RLJ Lodging Trust Cyclically Adjusted FCF per Share Chart

RLJ Lodging Trust 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 2.08 1.93 1.96 2.04 2.04

RLJ Lodging Trust 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 2.04 2.06 2.07 2.05 2.04

Competitive Comparison of RLJ Lodging Trust's Cyclically Adjusted FCF per Share

For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust'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.


RLJ Lodging Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



RLJ Lodging Trust 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, RLJ Lodging Trust'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)
=0.576/129.4194*129.4194
=0.576

Current CPI (Dec. 2023) = 129.4194.

RLJ Lodging Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.257 99.695 0.334
201406 0.794 100.560 1.022
201409 0.695 100.428 0.896
201412 0.569 99.070 0.743
201503 0.333 99.621 0.433
201506 0.773 100.684 0.994
201509 0.674 100.392 0.869
201512 0.772 99.792 1.001
201603 0.443 100.470 0.571
201606 0.880 101.688 1.120
201609 0.696 101.861 0.884
201612 0.653 101.863 0.830
201703 0.403 102.862 0.507
201706 0.739 103.349 0.925
201709 0.468 104.136 0.582
201712 0.305 104.011 0.380
201803 0.292 105.290 0.359
201806 0.830 106.317 1.010
201809 0.675 106.507 0.820
201812 0.467 105.998 0.570
201903 0.434 107.251 0.524
201906 0.684 108.070 0.819
201909 0.659 108.329 0.787
201912 0.542 108.420 0.647
202003 0.180 108.902 0.214
202006 -0.516 108.767 -0.614
202009 -0.198 109.815 -0.233
202012 -0.496 109.897 -0.584
202103 -0.177 111.754 -0.205
202106 0.030 114.631 0.034
202109 0.270 115.734 0.302
202112 0.138 117.630 0.152
202203 0.063 121.301 0.067
202206 0.647 125.017 0.670
202209 0.543 125.227 0.561
202212 0.330 125.222 0.341
202303 0.262 127.348 0.266
202306 0.607 128.729 0.610
202309 0.574 129.860 0.572
202312 0.576 129.419 0.576

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


RLJ Lodging Trust  (NYSE:RLJ) 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.

RLJ Lodging Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.11/2.04
=5.45

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RLJ Lodging Trust was 10.49. The lowest was 2.24. And the median was 5.97.


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.


RLJ Lodging Trust Cyclically Adjusted FCF per Share Related Terms

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


RLJ Lodging Trust (RLJ Lodging Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » RLJ Lodging Trust (NYSE:RLJ) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
3 Bethesda Metro Center, Suite 1000, Bethesda, MD, USA, 20814
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Executives
Arthur Reginald Collins director 3911 LORCOM LANE, ARLINGTON VA 22207
Nathaniel A Davis director 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Chad Perry officer: EVP and General Counsel C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Thomas Bardenett officer: EVP and COO C/O EXTENDED STAY AMERICA, INC., 11525 N. COMMUNITY HOUSE ROAD, SUITE 100, CHARLOTTE NC 28277
La Forgia Robert M director C/O HILTON HOTELS CORP, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Robert Mccarthy director C/O SANTANDER CONSUMER USA HOLDINGS INC, 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Robin Mcbride Zeigler director 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Sean M Mahoney officer: EVP, CFO and Treasurer 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
Robert L Johnson director, officer: Executive Chairman C/O RLJ COMPANIES, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Leslie D. Hale director, officer: President and CEO 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Christopher Andrew Gormsen officer: Chief Accounting Officer C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Joseph J Ryan director C/O RLJ LODGING TRUST, 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20817
California Public Employees Retirement System 10 percent owner 400 Q ST, SUITE 4800, SACRAMENTO CA 95811