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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Price-to-Free-Cash-Flow

: 14.38 (As of Today)
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As of today (2024-04-16), Granite Real Estate Investment Trust's share price is $52.31. Granite Real Estate Investment Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.64. Hence, Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow Ratio for today is 14.38.

The historical rank and industry rank for Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

GRP.U' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 11.92   Med: 19.78   Max: 43.82
Current: 14.35

During the past 13 years, Granite Real Estate Investment Trust's highest Price-to-Free-Cash-Flow Ratio was 43.82. The lowest was 11.92. And the median was 19.78.

GRP.U's Price-to-Free-Cash-Flow is ranked worse than
62.88% of 695 companies
in the REITs industry
Industry Median: 12.25 vs GRP.U: 14.35

Granite Real Estate Investment Trust's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.89. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.64.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Granite Real Estate Investment Trust was 13.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 7.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 12.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 11.80% per year.

During the past 13 years, Granite Real Estate Investment Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 45.10% per year. The lowest was -130.50% per year. And the median was 13.50% per year.


Granite Real Estate Investment Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Granite Real Estate Investment Trust'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.

* Premium members only.

Granite Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.31 19.41 26.46 15.91 15.44

Granite Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only Premium Member Only Premium Member Only 15.91 18.66 17.06 15.22 15.44

Competitive Comparison

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust'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.


Granite Real Estate Investment Trust Price-to-Free-Cash-Flow Distribution

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow falls into.



Granite Real Estate Investment Trust Price-to-Free-Cash-Flow Calculation

Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=52.31/3.637
=14.38

Granite Real Estate Investment Trust's Share Price of today is $52.31.
Granite Real Estate Investment Trust'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 $3.64.

* 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:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Granite Real Estate Investment Trust  (NYSE:GRP.U) 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.


Granite Real Estate Investment Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Granite Real Estate Investment Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Headlines

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