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Immofinanz AG (FRA:IMO1) Cyclically Adjusted Price-to-FCF : 15.59 (As of Apr. 27, 2024)


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What is Immofinanz AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Immofinanz AG's current share price is €22.60. Immofinanz AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.45. Immofinanz AG's Cyclically Adjusted Price-to-FCF for today is 15.59.

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

FRA:IMO1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.42   Med: 10.54   Max: 16.25
Current: 16.25

During the past years, Immofinanz AG's highest Cyclically Adjusted Price-to-FCF was 16.25. The lowest was 6.42. And the median was 10.54.

FRA:IMO1's Cyclically Adjusted Price-to-FCF is ranked worse than
61.55% of 671 companies
in the Real Estate industry
Industry Median: 12.44 vs FRA:IMO1: 16.25

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.

Immofinanz AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.148. 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 €1.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Immofinanz AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Immofinanz AG'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.

Immofinanz AG Cyclically Adjusted Price-to-FCF Chart

Immofinanz AG Annual Data
Trend Apr14 Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 9.49 10.74 7.59 14.43

Immofinanz AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.59 8.83 11.92 12.79 14.43

Competitive Comparison of Immofinanz AG's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Immofinanz AG'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.


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

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

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



Immofinanz AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.60/1.45
=15.59

* 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.

Immofinanz AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Immofinanz AG'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)
=1.148/132.0288*132.0288
=1.148

Current CPI (Dec. 2023) = 132.0288.

Immofinanz AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 0.612 97.869 0.826
201404 0.724 99.134 0.964
201407 0.715 98.953 0.954
201410 0.089 99.496 0.118
201501 0.585 98.592 0.783
201504 -0.898 100.192 -1.183
201507 0.385 100.092 0.508
201510 0.456 100.192 0.601
201601 0.120 99.792 0.159
201604 -0.312 100.692 -0.409
201607 0.701 100.692 0.919
201610 -0.039 101.492 -0.051
201703 0.360 102.592 0.463
201706 0.027 102.991 0.035
201709 0.205 103.591 0.261
201712 0.159 104.291 0.201
201803 -0.043 104.491 -0.054
201806 0.236 105.091 0.296
201809 0.232 105.691 0.290
201812 0.241 106.291 0.299
201903 0.650 106.391 0.807
201906 0.192 106.791 0.237
201909 0.355 106.991 0.438
201912 0.531 108.091 0.649
202003 0.387 108.024 0.473
202006 0.158 107.915 0.193
202009 0.455 108.348 0.554
202012 0.324 109.321 0.391
202103 -0.191 110.186 -0.229
202106 0.093 110.943 0.111
202109 0.755 111.916 0.891
202112 0.904 113.971 1.047
202203 0.148 117.647 0.166
202206 0.086 120.567 0.094
202209 0.223 123.811 0.238
202212 -0.599 125.541 -0.630
202303 0.499 128.461 0.513
202306 0.805 130.191 0.816
202309 0.695 131.272 0.699
202312 1.148 132.029 1.148

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.


Immofinanz AG  (FRA:IMO1) 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.


Immofinanz AG Cyclically Adjusted Price-to-FCF Related Terms

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Immofinanz AG (FRA:IMO1) Business Description

Industry
Traded in Other Exchanges
Address
Wienerbergstrasse 11, Vienna, AUT, 1100
Immofinanz AG is a real estate investment and development company in Europe. The company invests in commercial real estate in Western and Eastern Europe. Approximately one-third of the company's investment portfolio is in Austria with Poland closely behind. In addition to professional property management, the company develops shopping centers under the brands 'VIVO!' and 'STOP SHOP.' The company's shopping center brand, 'VIVO!' focuses on single-story mall complexes that offer parking and recreational activities. Nearly half of the company's investment portfolio consists of VIVO locations. STOP SHOP is the company's retail parks brand. The parks are set up like outlet malls and focus on providing discount retail options for consumers.

Immofinanz AG (FRA:IMO1) Headlines

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