GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Veris Residential Inc (NYSE:VRE) » Definitions » Price-to-Free-Cash-Flow

Veris Residential (Veris Residential) Price-to-Free-Cash-Flow : 29.75 (As of Apr. 29, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Veris Residential Price-to-Free-Cash-Flow?

As of today (2024-04-29), Veris Residential's share price is $14.52. Veris Residential's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.49. Hence, Veris Residential's Price-to-Free-Cash-Flow Ratio for today is 29.75.

The historical rank and industry rank for Veris Residential's Price-to-Free-Cash-Flow or its related term are showing as below:

VRE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.32   Med: 14.58   Max: 41.45
Current: 29.77

During the past 13 years, Veris Residential's highest Price-to-Free-Cash-Flow Ratio was 41.45. The lowest was 8.32. And the median was 14.58.

VRE's Price-to-Free-Cash-Flow is ranked worse than
84.36% of 697 companies
in the REITs industry
Industry Median: 12.13 vs VRE: 29.77

Veris Residential's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.16. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.49.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Veris Residential was 4.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -19.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -22.60% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -12.70% per year.

During the past 13 years, Veris Residential's highest 3-Year average Free Cash Flow per Share Growth Rate was 119.20% per year. The lowest was -143.30% per year. And the median was -5.70% per year.


Veris Residential Price-to-Free-Cash-Flow Historical Data

The historical data trend for Veris Residential'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.

Veris Residential Price-to-Free-Cash-Flow Chart

Veris Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.67 14.62 32.70 24.03 34.80

Veris Residential Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 31.22 35.75 41.56 34.80 31.17

Competitive Comparison of Veris Residential's Price-to-Free-Cash-Flow

For the REIT - Residential subindustry, Veris Residential'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.


Veris Residential's Price-to-Free-Cash-Flow Distribution in the REITs Industry

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

* The bar in red indicates where Veris Residential's Price-to-Free-Cash-Flow falls into.



Veris Residential Price-to-Free-Cash-Flow Calculation

Veris Residential'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)
=14.52/0.488
=29.75

Veris Residential's Share Price of today is $14.52.
Veris Residential's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.49.

* 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

Veris Residential  (NYSE:VRE) 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.


Veris Residential Price-to-Free-Cash-Flow Related Terms

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


Veris Residential (Veris Residential) Business Description

Traded in Other Exchanges
N/A
Address
Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Executives
A. Akiva Katz director C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Stephanie L. Williams director C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311
Ronald Dickerman director 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Mahbod Nia director C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Taryn D. Fielder officer: EVP, General Counsel & Sec. 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Jeffrey Scott Turkanis officer: EVP & Chief Investment Officer 12 RICHARD ROAD, MARBLEHEAD MA 01945
Amanda Lombard officer: Chief Accounting Officer 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Anna Malhari officer: EVP & Chief Operating Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Victor B Macfarlane director 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024
Howard Steven Stern director 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025
Deidre Crockett officer: EVP, Chief Admin. Officer HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311
Alan R Batkin director 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Lisa Feinman Myers director HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311