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Collins Property Group (JSE:CPP) Cyclically Adjusted Price-to-FCF : 14.06 (As of May. 01, 2024)


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What is Collins Property Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Collins Property Group's current share price is R7.45. Collins Property Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb23 was R0.53. Collins Property Group's Cyclically Adjusted Price-to-FCF for today is 14.06.

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

JSE:CPP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.55   Med: 14.9   Max: 47.41
Current: 14.01

During the past 13 years, Collins Property Group's highest Cyclically Adjusted Price-to-FCF was 47.41. The lowest was 7.55. And the median was 14.90.

JSE:CPP's Cyclically Adjusted Price-to-FCF is ranked worse than
55.59% of 680 companies
in the Real Estate industry
Industry Median: 12.46 vs JSE:CPP: 14.01

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.

Collins Property Group's adjusted free cash flow per share data of for the fiscal year that ended in Feb23 was R-3.191. 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 R0.53 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Collins Property Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Collins Property 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.

Collins Property Group Cyclically Adjusted Price-to-FCF Chart

Collins Property Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.03 22.17 11.78 11.31 13.31

Collins Property Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 11.31 - 13.31 -

Competitive Comparison of Collins Property Group's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Collins Property 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.


Collins Property Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Collins Property 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.

Collins Property Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.45/0.53
=14.06

* 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.

Collins Property Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Collins Property Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=-3.191/146.1010*146.1010
=-3.191

Current CPI (Feb23) = 146.1010.

Collins Property Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.719 93.524 1.123
201502 1.003 97.339 1.505
201602 0.422 104.097 0.592
201702 0.613 110.855 0.808
201802 0.598 115.106 0.759
201902 -0.264 119.793 -0.322
202002 0.885 125.243 1.032
202102 1.591 128.817 1.804
202202 1.070 136.109 1.149
202302 -3.191 146.101 -3.191

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.


Collins Property Group  (JSE:CPP) 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.


Collins Property Group Cyclically Adjusted Price-to-FCF Related Terms

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


Collins Property Group (JSE:CPP) Business Description

Traded in Other Exchanges
N/A
Address
1 Richefond Circle, Ridgeside Office Park, Umhlanga, NL, ZAF, 4319
Collins Property Group Ltd operates as an investment holding company, with interests in real properties, service offices, and financial services. Its activities include the development and management of commercial and residential real estate. It operates through the following segments: Property Austria; Property Namibia; Property rest of Africa; Property South Africa and Other. Its revenue includes rental income, initiation fees, interest income, other fee income and service charges, and revenue from hotel operations.

Collins Property Group (JSE:CPP) Headlines