GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Big Yellow Group PLC (OTCPK:BYLOF) » Definitions » Cyclically Adjusted Price-to-FCF

Big Yellow Group (Big Yellow Group) Cyclically Adjusted Price-to-FCF : 24.51 (As of Apr. 29, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Big Yellow Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Big Yellow Group's current share price is $13.48. Big Yellow Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was $0.55. Big Yellow Group's Cyclically Adjusted Price-to-FCF for today is 24.51.

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

BYLOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.3   Med: 39.05   Max: 442
Current: 22.44

During the past 13 years, Big Yellow Group's highest Cyclically Adjusted Price-to-FCF was 442.00. The lowest was 19.30. And the median was 39.05.

BYLOF's Cyclically Adjusted Price-to-FCF is ranked worse than
76.15% of 390 companies
in the REITs industry
Industry Median: 11.545 vs BYLOF: 22.44

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.

Big Yellow Group's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was $0.738. 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 $0.55 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Big Yellow Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Big Yellow Group'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.

Big Yellow Group Cyclically Adjusted Price-to-FCF Chart

Big Yellow Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.49 32.70 32.46 37.00 24.20

Big Yellow Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 37.00 - 24.20 -

Competitive Comparison of Big Yellow Group's Cyclically Adjusted Price-to-FCF

For the REIT - Industrial subindustry, Big Yellow Group'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.


Big Yellow Group's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Big Yellow Group 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.

Big Yellow Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.48/0.55
=24.51

* 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.

Big Yellow Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Big Yellow Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.738/126.8000*126.8000
=0.738

Current CPI (Mar23) = 126.8000.

Big Yellow Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.386 99.300 0.493
201503 0.431 99.600 0.549
201603 0.505 100.400 0.638
201703 0.438 102.700 0.541
201803 0.556 105.100 0.671
201903 0.587 107.000 0.696
202003 0.547 108.600 0.639
202103 0.609 109.700 0.704
202203 0.778 116.500 0.847
202303 0.738 126.800 0.738

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.


Big Yellow Group  (OTCPK:BYLOF) 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.


Big Yellow Group Cyclically Adjusted Price-to-FCF Related Terms

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


Big Yellow Group (Big Yellow Group) Business Description

Industry
Traded in Other Exchanges
Address
Bridge Road, 2 The Deans, Bagshot, London, Surrey, GBR, GU19 5AT
Big Yellow Group PLC is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United Kingdom. The company controls a real estate portfolio of storage properties operated mainly under the Big Yellow brand, with a smaller proportion also run under the lower-frills Armadillo Self Storage brand. Big Yellow's facilities are located across London and the Southeast region of the U.K. The company derives the vast majority of its revenue in the form of self-storage income from its locations in London and the South East. A substantial percentage also comes from sales of packing materials and insurance. Big Yellow's customers include individuals, retailers, professional service companies, hospitality firms, and wholesale merchants.

Big Yellow Group (Big Yellow Group) Headlines