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HIAG Immobilien Holding AG (XSWX:HIAG) Cyclically Adjusted Price-to-FCF : 43.65 (As of May. 02, 2024)


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What is HIAG Immobilien Holding AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), HIAG Immobilien Holding AG's current share price is CHF74.20. HIAG Immobilien Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF1.70. HIAG Immobilien Holding AG's Cyclically Adjusted Price-to-FCF for today is 43.65.

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

XSWX:HIAG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.68   Med: 8.95   Max: 46.94
Current: 43.7

During the past 13 years, HIAG Immobilien Holding AG's highest Cyclically Adjusted Price-to-FCF was 46.94. The lowest was 4.68. And the median was 8.95.

XSWX:HIAG's Cyclically Adjusted Price-to-FCF is ranked worse than
86.18% of 680 companies
in the Real Estate industry
Industry Median: 12.535 vs XSWX:HIAG: 43.70

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.

HIAG Immobilien Holding AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF1.533. 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 CHF1.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HIAG Immobilien Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HIAG Immobilien Holding 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.

HIAG Immobilien Holding AG Cyclically Adjusted Price-to-FCF Chart

HIAG Immobilien Holding AG 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 6.01 9.48 10.98 16.79 46.87

HIAG Immobilien Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.98 - 16.79 - 46.87

Competitive Comparison of HIAG Immobilien Holding AG's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, HIAG Immobilien Holding 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.


HIAG Immobilien Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



HIAG Immobilien Holding 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.

HIAG Immobilien Holding AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=74.20/1.7
=43.65

* 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.

HIAG Immobilien Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, HIAG Immobilien Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.533/106.4611*106.4611
=1.533

Current CPI (Dec23) = 106.4611.

HIAG Immobilien Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.399 100.704 2.536
201512 3.227 99.386 3.457
201612 2.786 99.380 2.985
201712 -1.024 100.213 -1.088
201812 0.351 100.906 0.370
201912 0.530 101.063 0.558
202012 1.897 100.241 2.015
202112 2.298 101.776 2.404
202212 2.217 104.666 2.255
202312 1.533 106.461 1.533

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.


HIAG Immobilien Holding AG  (XSWX:HIAG) 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.


HIAG Immobilien Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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HIAG Immobilien Holding AG (XSWX:HIAG) Business Description

Traded in Other Exchanges
Address
Aeschenplatz 7, Basel, CHE, 4052
HIAG Immobilien Holding AG is a property redevelopment company. The company's portfolio covers 40 sites with a total land area of 2.5 million square meters. Its core business focuses on the management of master plans and building permit procedures, site marketing, the steering of redevelopment processes, and portfolio management, including property administration. About 91% of its real estate portfolio is situated in the economic catchment areas of Zurich/Zug, Baden/Brugg, Basel, and Geneva. The company's business activities are divided into three segments Yielding Portfolio, Development Portfolio, and the Transaction segment.

HIAG Immobilien Holding AG (XSWX:HIAG) Headlines

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