What is Global Medical REIT Price-to-Free-Cash-Flow?
As of today (2024-04-26), Global Medical REIT's share price is $8.19.
Global Medical REIT's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.89. Hence, Global Medical REIT's Price-to-Free-Cash-Flow Ratio for today is 9.19.
The historical rank and industry rank for Global Medical REIT's Price-to-Free-Cash-Flow or its related term are showing as below:
GMRE'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.08 Med: 12.03 Max: 53.09
Current: 9.21
During the past 13 years, Global Medical REIT's highest Price-to-Free-Cash-Flow Ratio was 53.09. The lowest was 9.08. And the median was 12.03.
GMRE's Price-to-Free-Cash-Flow is ranked better than 68.19% of 698
companies
in the REITs industry
Industry Median: 12.075
vs GMRE: 9.21
During the past 13 years, Global Medical REIT's highest 3-Year average Free Cash Flow per Share Growth Rate was 61.60% per year. The lowest was -318.10% per year. And the median was 28.85% per year.
Global Medical REIT Price-to-Free-Cash-Flow Historical Data
The historical data trend for Global Medical REIT's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Global Medical REIT's Price-to-Free-Cash-Flow
For the REIT - Healthcare Facilities subindustry, Global Medical REIT's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
Global Medical REIT's Price-to-Free-Cash-Flow Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Global Medical REIT's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Global Medical REIT's Price-to-Free-Cash-Flow falls into.
Global Medical REIT Price-to-Free-Cash-Flow Calculation
Global Medical REIT's Price-to-Free-Cash-Flow ratio for today is calculated as
Global Medical REIT's Share Price of today is $8.19. Global Medical REIT's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.89.
* 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.
It can also be calculated from the numbers for the whole company:
Global Medical REIT (NYSE:GMRE) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Global Medical REIT Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Global Medical REIT's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Medical REIT (Global Medical REIT) Business Description
Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.
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