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Welltower (BSP:W1EL34) Cyclically Adjusted Price-to-FCF : 23.75 (As of May. 15, 2024)


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What is Welltower Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Welltower's current share price is R$255.06. Welltower's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.74. Welltower's Cyclically Adjusted Price-to-FCF for today is 23.75.

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

BSP:W1EL34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.53   Med: 21.92   Max: 7425
Current: 23.16

During the past years, Welltower's highest Cyclically Adjusted Price-to-FCF was 7425.00. The lowest was 9.53. And the median was 21.92.

BSP:W1EL34's Cyclically Adjusted Price-to-FCF is ranked worse than
76.55% of 388 companies
in the REITs industry
Industry Median: 11.63 vs BSP:W1EL34: 23.16

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.

Welltower's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$1.694. 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 R$10.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Welltower Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Welltower'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.

Welltower Cyclically Adjusted Price-to-FCF Chart

Welltower 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 21.98 16.76 20.28 15.15 20.91

Welltower 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 16.38 18.35 18.50 20.91 21.90

Competitive Comparison of Welltower's Cyclically Adjusted Price-to-FCF

For the REIT - Healthcare Facilities subindustry, Welltower'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.


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

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

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



Welltower 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=255.06/10.74
=23.75

* 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.

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

For example, Welltower'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)
=1.694/129.4194*129.4194
=1.694

Current CPI (Mar. 2024) = 129.4194.

Welltower Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.257 100.560 1.618
201409 0.960 100.428 1.237
201412 1.134 99.070 1.481
201503 1.041 99.621 1.352
201506 1.732 100.684 2.226
201509 2.294 100.392 2.957
201512 1.880 99.792 2.438
201603 1.961 100.470 2.526
201606 2.245 101.688 2.857
201609 1.890 101.861 2.401
201612 1.628 101.863 2.068
201703 1.636 102.862 2.058
201706 2.037 103.349 2.551
201709 1.334 104.136 1.658
201712 1.187 104.011 1.477
201803 1.609 105.290 1.978
201806 2.364 106.317 2.878
201809 2.034 106.507 2.472
201812 1.897 105.998 2.316
201903 1.667 107.251 2.012
201906 2.402 108.070 2.877
201909 1.778 108.329 2.124
201912 1.616 108.420 1.929
202003 2.412 108.902 2.866
202006 2.446 108.767 2.910
202009 1.895 109.815 2.233
202012 1.541 109.897 1.815
202103 2.011 111.754 2.329
202106 1.981 114.631 2.237
202109 2.139 115.734 2.392
202112 1.791 117.630 1.971
202203 1.765 121.301 1.883
202206 2.145 125.017 2.221
202209 1.964 125.227 2.030
202212 1.313 125.222 1.357
202303 1.926 127.348 1.957
202306 1.955 128.729 1.965
202309 1.999 129.860 1.992
202312 1.578 129.419 1.578
202403 1.694 129.419 1.694

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.


Welltower  (BSP:W1EL34) 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.


Welltower Cyclically Adjusted Price-to-FCF Related Terms

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


Welltower (BSP:W1EL34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Welltower Inc (BSP:W1EL34) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
4500 Dorr Street, Toledo, OH, USA, 43615
Welltower owns a diversified healthcare portfolio of over 2,000 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

Welltower (BSP:W1EL34) Headlines

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