GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Residential Trust Inc (NYSE:NXRT) » Definitions » Cyclically Adjusted Price-to-FCF

NexPoint Residential Trust (NexPoint Residential Trust) Cyclically Adjusted Price-to-FCF : 13.52 (As of Apr. 28, 2024)


View and export this data going back to 2015. Start your Free Trial

What is NexPoint Residential Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), NexPoint Residential Trust's current share price is $33.27. NexPoint Residential Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.46. NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF for today is 13.52.

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

NXRT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.79   Med: 12.69   Max: 14.29
Current: 13.51

During the past years, NexPoint Residential Trust's highest Cyclically Adjusted Price-to-FCF was 14.29. The lowest was 10.79. And the median was 12.69.

NXRT's Cyclically Adjusted Price-to-FCF is ranked worse than
56.67% of 390 companies
in the REITs industry
Industry Median: 11.545 vs NXRT: 13.51

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.

NexPoint Residential Trust's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.564. 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 $2.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NexPoint Residential Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NexPoint Residential Trust'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.

NexPoint Residential Trust Cyclically Adjusted Price-to-FCF Chart

NexPoint Residential Trust 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 - - - - 13.98

NexPoint Residential Trust 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 - - - 12.99 13.98

Competitive Comparison of NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, NexPoint Residential Trust'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.


NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



NexPoint Residential Trust 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.

NexPoint Residential Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.27/2.46
=13.52

* 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.

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

For example, NexPoint Residential Trust'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)
=0.564/129.4194*129.4194
=0.564

Current CPI (Dec. 2023) = 129.4194.

NexPoint Residential Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.046 99.695 -0.060
201406 0.006 100.560 0.008
201409 -0.104 100.428 -0.134
201412 0.614 99.070 0.802
201503 0.112 99.621 0.146
201506 0.292 100.684 0.375
201509 0.394 100.392 0.508
201512 0.823 99.792 1.067
201603 0.191 100.470 0.246
201606 0.583 101.688 0.742
201609 0.459 101.861 0.583
201612 0.352 101.863 0.447
201703 0.355 102.862 0.447
201706 0.310 103.349 0.388
201709 0.619 104.136 0.769
201712 0.468 104.011 0.582
201803 0.146 105.290 0.179
201806 0.667 106.317 0.812
201809 0.617 106.507 0.750
201812 0.498 105.998 0.608
201903 0.155 107.251 0.187
201906 0.821 108.070 0.983
201909 0.624 108.329 0.745
201912 0.487 108.420 0.581
202003 0.442 108.902 0.525
202006 0.597 108.767 0.710
202009 0.826 109.815 0.973
202012 0.422 109.897 0.497
202103 0.548 111.754 0.635
202106 0.684 114.631 0.772
202109 1.071 115.734 1.198
202112 0.555 117.630 0.611
202203 0.339 121.301 0.362
202206 1.169 125.017 1.210
202209 1.207 125.227 1.247
202212 0.372 125.222 0.384
202303 1.091 127.348 1.109
202306 1.013 128.729 1.018
202309 1.059 129.860 1.055
202312 0.564 129.419 0.564

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.


NexPoint Residential Trust  (NYSE:NXRT) 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.


NexPoint Residential Trust Cyclically Adjusted Price-to-FCF Related Terms

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


NexPoint Residential Trust (NexPoint Residential Trust) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
NexPoint Residential Trust Inc is an us-based real estate investment trust company. Its company's investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions, and achieve long-term capital appreciation for stockholders. The company seeks to achieve these objectives through targeted management and a capex value-add program. It focuses on acquiring multifamily properties in markets with attractive job growth and household formation fundamentals primarily in the Southeastern and Southwestern United States. The company generates revenue from the rental of multifamily properties.
Executives
Brian Mitts director, officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
James D Dondero director, 10 percent owner, officer: President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Sauter Dennis Charles Jr officer: General Counsel 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Carol Swain director C/O NEXPOINT RESIDENTIAL TRUST, INC., 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Catherine D Wood director 200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701
Matt Mcgraner officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Matthew Goetz officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Fund Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Edward N. Constantino director DLC REALTY TRUST, INC., 580 WHITE PLAINS ROAD, TARRYTOWN NY 10591
Scott F Kavanaugh director 25342 DERBYHILL DR., LAGUNA HILLS CA 92653
Nexpoint Advisors, L.p. 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Scott Ellington officer: General Counsel and Secretary 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Nexpoint Diversified Real Estate Trust 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Highland Capital Management Lp 10 percent owner 100 CRESCENT COURT, SUITE 1850, DALLAS TX 75201