Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Cyclically Adjusted Price-to-FCF : 19.83 (As of May. 24, 2024)

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What is Dream Industrial Real Estate Investment Trust Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Dream Industrial Real Estate Investment Trust's current share price is $9.321. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.47. Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF for today is 19.83.

The historical rank and industry rank for Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DREUF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.17 Med: 20.01 Max: 22.06
Current: 20.02

During the past years, Dream Industrial Real Estate Investment Trust's highest Cyclically Adjusted Price-to-FCF was 22.06. The lowest was 15.17. And the median was 20.01.

DREUF's Cyclically Adjusted Price-to-FCF is ranked worse than
71.83% of 387 companies
in the REITs industry
Industry Median: 11.46 vs DREUF: 20.02

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.

Dream Industrial Real Estate Investment Trust's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.041. 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 $0.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Dream Industrial Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dream Industrial Real Estate Investment Trust'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.

Dream Industrial Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Chart

Dream Industrial Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted Price-to-FCF

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17.10

21.04

Dream Industrial Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted Price-to-FCF	Get a 7-Day Free Trial															21.49	20.45	19.22	21.04	20.25

Competitive Comparison of Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF

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

Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF falls into.

Dream Industrial Real Estate Investment Trust 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.

Dream Industrial Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF	=	Share Price	/	Cyclically Adjusted FCF per Share
	=	9.321	/	0.47
	=	19.83

Dream Industrial Real Estate Investment Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dream Industrial Real Estate Investment Trust'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)
	=	0.041	/	126.2576	*	126.2576
	=	0.041

Current CPI (Mar. 2024) = 126.2576.

Dream Industrial Real Estate Investment Trust Quarterly Data

	Free Cash Flow per Share	CPI	Adj_FreeCashFlowPerShare
201406	0.086	99.473	0.109
201409	0.177	99.394	0.225
201412	0.100	98.367	0.128
201503	0.134	99.789	0.170
201506	0.107	100.500	0.134
201509	0.138	100.421	0.174
201512	0.066	99.947	0.083
201603	0.116	101.054	0.145
201606	0.101	102.002	0.125
201609	0.092	101.765	0.114
201612	0.038	101.449	0.047
201703	0.127	102.634	0.156
201706	0.085	103.029	0.104
201709	0.134	103.345	0.164
201712	0.098	103.345	0.120
201803	0.116	105.004	0.139
201806	0.118	105.557	0.141
201809	0.087	105.636	0.104
201812	0.130	105.399	0.156
201903	0.176	106.979	0.208
201906	0.125	107.690	0.147
201909	0.146	107.611	0.171
201912	0.175	107.769	0.205
202003	0.122	107.927	0.143
202006	0.147	108.401	0.171
202009	0.151	108.164	0.176
202012	0.143	108.559	0.166
202103	0.160	110.298	0.183
202106	0.152	111.720	0.172
202109	0.099	112.905	0.111
202112	0.077	113.774	0.085
202203	0.050	117.646	0.054
202206	0.051	120.806	0.053
202209	0.062	120.648	0.065
202212	0.039	120.964	0.041
202303	0.106	122.702	0.109
202306	0.097	124.203	0.099
202309	0.042	125.230	0.042
202312	0.062	125.072	0.063
202403	0.041	126.258	0.041

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.

Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) 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.

Dream Industrial Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Related Terms

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Dream Industrial Real Estate Investment Trust (Dream Industrial Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Industrial Real Estate Investment Trust (OTCPK:DREUF) » Definitions » Cyclically Adjusted Price-to-FCF

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Traded in Other Exchanges

DIR.UN:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dreamindustrialreit.ca

Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders. Geographically the business is organized into Ontario, Quebec, Western Canada, Europe and the USA. Substantial revenue is derived from the European portfolio.