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Timbercreek Financial (TSX:TF) Cyclically Adjusted Price-to-FCF : 7.55 (As of Apr. 29, 2024)


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What is Timbercreek Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Timbercreek Financial's current share price is C$7.63. Timbercreek Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$1.01. Timbercreek Financial's Cyclically Adjusted Price-to-FCF for today is 7.55.

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

TSX:TF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.1   Med: 8.37   Max: 10.78
Current: 7.52

During the past years, Timbercreek Financial's highest Cyclically Adjusted Price-to-FCF was 10.78. The lowest was 6.10. And the median was 8.37.

TSX:TF's Cyclically Adjusted Price-to-FCF is ranked worse than
50.95% of 838 companies
in the Banks industry
Industry Median: 7.415 vs TSX:TF: 7.52

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.

Timbercreek Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$0.260. 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 C$1.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Timbercreek Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Timbercreek Financial'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.

Timbercreek Financial Cyclically Adjusted Price-to-FCF Chart

Timbercreek Financial 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 - 9.73 10.24 7.17 6.58

Timbercreek Financial 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 7.17 8.12 7.47 6.76 6.58

Competitive Comparison of Timbercreek Financial's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, Timbercreek Financial'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.


Timbercreek Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timbercreek Financial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Timbercreek Financial 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.

Timbercreek Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.63/1.01
=7.55

* 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.

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

For example, Timbercreek Financial'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)
=0.26/125.4675*125.4675
=0.260

Current CPI (Dec. 2023) = 125.4675.

Timbercreek Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.109 98.604 0.139
201406 0.179 99.473 0.226
201409 0.173 99.394 0.218
201412 0.193 98.367 0.246
201503 0.147 99.789 0.185
201506 0.207 100.500 0.258
201509 0.175 100.421 0.219
201512 0.196 99.947 0.246
201603 0.144 101.054 0.179
201606 0.206 102.002 0.253
201609 0.180 101.765 0.222
201612 0.164 101.449 0.203
201703 0.139 102.634 0.170
201706 0.189 103.029 0.230
201709 0.246 103.345 0.299
201712 0.203 103.345 0.246
201803 0.271 105.004 0.324
201806 0.238 105.557 0.283
201809 0.202 105.636 0.240
201812 0.165 105.399 0.196
201903 0.262 106.979 0.307
201906 0.342 107.690 0.398
201909 0.218 107.611 0.254
201912 0.356 107.769 0.414
202003 0.249 107.927 0.289
202006 0.238 108.401 0.275
202009 0.244 108.164 0.283
202012 0.239 108.559 0.276
202103 0.216 110.298 0.246
202106 0.262 111.720 0.294
202109 0.260 112.905 0.289
202112 0.242 113.774 0.267
202203 0.206 117.646 0.220
202206 0.182 120.806 0.189
202209 0.230 120.648 0.239
202212 0.359 120.964 0.372
202303 0.257 122.702 0.263
202306 0.237 124.203 0.239
202309 0.181 125.230 0.181
202312 0.260 125.468 0.260

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.


Timbercreek Financial  (TSX:TF) 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.


Timbercreek Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Timbercreek Financial (TSX:TF) Business Description

Traded in Other Exchanges
Address
25 Price Street, Toronto, ON, CAN, M4W 1Z1
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans primarily secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's strategy is to preserve investor capital by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

Timbercreek Financial (TSX:TF) Headlines

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