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Parkit Enterprise (TSXV:PKT) Cyclically Adjusted FCF per Share : C$-0.02 (As of Mar. 2024)


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What is Parkit Enterprise Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Parkit Enterprise's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.012. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 51.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Parkit Enterprise was 69.30% per year. The lowest was 51.90% per year. And the median was 60.60% per year.

As of today (2024-06-07), Parkit Enterprise's current stock price is C$0.53. Parkit Enterprise's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$-0.02. Parkit Enterprise's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Parkit Enterprise was 42.75. The lowest was 5.47. And the median was 10.00.


Parkit Enterprise Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Parkit Enterprise's Cyclically Adjusted FCF per Share 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.

Parkit Enterprise Cyclically Adjusted FCF per Share Chart

Parkit Enterprise Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 -0.18 0.13 -0.02 -0.02

Parkit Enterprise Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.01 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Parkit Enterprise's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Parkit Enterprise'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.


Parkit Enterprise's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Parkit Enterprise Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Parkit Enterprise's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.012/126.2576*126.2576
=0.012

Current CPI (Mar. 2024) = 126.2576.

Parkit Enterprise Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.005 98.920 0.006
201407 0.011 99.315 0.014
201410 0.002 99.473 0.003
201501 0.009 98.209 0.012
201504 -0.023 99.710 -0.029
201507 0.009 100.579 0.011
201510 -0.006 100.500 -0.008
201601 -0.006 100.184 -0.008
201604 -0.026 101.370 -0.032
201607 -0.017 101.844 -0.021
201610 -0.004 102.002 -0.005
201701 -0.004 102.318 -0.005
201704 -0.021 103.029 -0.026
201707 -0.003 103.029 -0.004
201710 0.004 103.424 0.005
201801 -0.004 104.056 -0.005
201804 -0.010 105.320 -0.012
201807 -0.002 106.110 -0.002
201810 -0.015 105.952 -0.018
201901 -0.008 105.557 -0.010
201904 -0.075 107.453 -0.088
201907 -0.004 108.243 -0.005
201910 -0.014 107.927 -0.016
202001 -0.006 108.085 -0.007
202004 -0.005 107.216 -0.006
202007 -0.002 108.401 -0.002
202010 -0.003 108.638 -0.003
202103 0.002 110.298 0.002
202106 0.001 111.720 0.001
202109 0.000 112.905 0.000
202112 0.007 113.774 0.008
202203 0.004 117.646 0.004
202206 0.005 120.806 0.005
202209 0.006 120.648 0.006
202212 -0.009 120.964 -0.009
202303 0.015 122.702 0.015
202306 0.009 124.203 0.009
202309 0.015 125.230 0.015
202312 0.019 125.072 0.019
202403 0.012 126.258 0.012

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Parkit Enterprise  (TSXV:PKT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Parkit Enterprise was 42.75. The lowest was 5.47. And the median was 10.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Parkit Enterprise Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Parkit Enterprise's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Parkit Enterprise (TSXV:PKT) Business Description

Industry
Traded in Other Exchanges
Address
100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5
Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.
Executives
Parkit Enterprise Inc. 10% Security Holder

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