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Transcontinental Realty Investors (Transcontinental Realty Investors) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Transcontinental Realty Investors'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.

Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Chart

Transcontinental Realty Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Transcontinental Realty Investors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Transcontinental Realty Investors'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.


Transcontinental Realty Investors's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Transcontinental Realty Investors 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.

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

For example, Transcontinental Realty Investors'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)
=0.448/131.7762*131.7762
=0.448

Current CPI (Mar. 2024) = 131.7762.

Transcontinental Realty Investors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.942 100.560 1.234
201409 0.619 100.428 0.812
201412 -2.187 99.070 -2.909
201503 2.561 99.621 3.388
201506 -7.732 100.684 -10.120
201509 0.077 100.392 0.101
201512 -0.746 99.792 -0.985
201603 -0.724 100.470 -0.950
201606 4.271 101.688 5.535
201609 -1.583 101.861 -2.048
201612 -1.711 101.863 -2.213
201703 -1.051 102.862 -1.346
201706 1.567 103.349 1.998
201709 -2.089 104.136 -2.643
201712 -1.302 104.011 -1.650
201803 0.193 105.290 0.242
201806 -0.065 106.317 -0.081
201809 -2.458 106.507 -3.041
201812 -18.453 105.998 -22.941
201903 -2.023 107.251 -2.486
201906 0.215 108.070 0.262
201909 0.743 108.329 0.904
201912 -3.035 108.420 -3.689
202003 -0.890 108.902 -1.077
202006 -0.194 108.767 -0.235
202009 -0.662 109.815 -0.794
202012 2.481 109.897 2.975
202103 -0.104 111.754 -0.123
202106 0.156 114.631 0.179
202109 -0.885 115.734 -1.008
202112 -0.438 117.630 -0.491
202203 -0.484 121.301 -0.526
202206 -0.387 125.017 -0.408
202209 0.246 125.227 0.259
202212 -4.630 125.222 -4.872
202303 0.177 127.348 0.183
202306 -1.154 128.729 -1.181
202309 1.885 129.860 1.913
202312 -4.505 129.419 -4.587
202403 0.448 131.776 0.448

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.


Transcontinental Realty Investors  (NYSE:TCI) 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.


Transcontinental Realty Investors Cyclically Adjusted Price-to-FCF Related Terms

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


Transcontinental Realty Investors (Transcontinental Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
Transcontinental Realty Investors Inc is a fully integrated externally managed real estate company. It operates multifamily and commercial properties throughout the southern United States and also invests in mortgage notes receivable and in the land that is either held for appreciation or development. The company has two business segments: the acquisition, development, ownership, and management of multifamily properties which include the rental of apartments and other tenant services, including parking and storage space rental, and the acquisition, development, ownership, and management of commercial properties which are office properties. It includes the rental of office space and other tenant services, including parking and storage space rental.
Executives
Louis J Corna officer: EVP, GC/Tax Counsel& Secretary 1800 VALLEY VIEW LANE, DALLAS TX 75234
Erik L Johnson officer: Ex. Vice President and CFO
Daniel J Moos officer: President and CEO 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
American Realty Investors Inc 10 percent owner 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234
Transcontinental Realty Acquisition Corp 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Eqk Holdings Inc 10 percent owner 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Martha C Stephens director 248 SIMMONS, DRIVE, COPPELL TX 75019
Rl S Lemke director, officer: Vice President 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Basic Capital Management Inc 10 percent owner
David R. Fletcher officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Gene S Bertcher officer: EVP & Chief Acctg. Officer 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Reagan K Vidal officer: Ex VP Mg Dir Capital Markets 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Alfred Crozier officer: EVP 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Canon James D Iii officer: Exec. V.P.-Multi-Family Const. 1800 VALLEY VIEW LANE, SUITE 300, DALLAS TX 75234
Transcontinental Realty Investors Inc officer: Exec.V.P.-Multi-Family Const 1603 LBJ FREEWAY, SUITE 800, DALLAS TX 75234