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Redfin (BSP:R2DF34) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Redfin Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Redfin Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Redfin'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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Redfin Cyclically Adjusted Price-to-FCF Chart

Redfin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Redfin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Redfin's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Redfin'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.


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

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

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



Redfin 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.

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

For example, Redfin'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)
=0.323/129.4194*129.4194
=0.323

Current CPI (Dec23) = 129.4194.

Redfin Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.117 99.070 -0.153
201512 -0.247 99.792 -0.320
201612 -0.183 101.863 -0.233
201712 -0.087 104.011 -0.108
201812 -0.340 105.998 -0.415
201912 -0.920 108.420 -1.098
202012 0.405 109.897 0.477
202112 -2.963 117.630 -3.260
202212 0.154 125.222 0.159
202312 0.323 129.419 0.323

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.


Redfin  (BSP:R2DF34) 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.


Redfin Cyclically Adjusted Price-to-FCF Related Terms

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Redfin (BSP:R2DF34) Business Description

Industry
Traded in Other Exchanges
Address
1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101
Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.

Redfin (BSP:R2DF34) Headlines

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