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GAG Immobilien AG (HAM:GWK3) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is GAG Immobilien AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


GAG Immobilien AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GAG Immobilien AG'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.

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GAG Immobilien AG Cyclically Adjusted Price-to-FCF Chart

GAG Immobilien AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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GAG Immobilien AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of GAG Immobilien AG's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, GAG Immobilien AG'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.


GAG Immobilien AG's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where GAG Immobilien AG's Cyclically Adjusted Price-to-FCF falls into.



GAG Immobilien AG 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.

GAG Immobilien AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, GAG Immobilien AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-5.296/123.7729*123.7729
=-5.296

Current CPI (Dec23) = 123.7729.

GAG Immobilien AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.076 99.543 -1.338
201512 -1.726 99.717 -2.142
201612 -3.631 101.217 -4.440
201712 -4.812 102.617 -5.804
201812 -4.887 104.217 -5.804
201912 -1.429 105.818 -1.671
202012 -0.956 105.518 -1.121
202112 -3.526 110.384 -3.954
202212 -3.297 119.345 -3.419
202312 -5.296 123.773 -5.296

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.


GAG Immobilien AG  (HAM:GWK3) 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.


GAG Immobilien AG Cyclically Adjusted Price-to-FCF Related Terms

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GAG Immobilien AG (HAM:GWK3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Josef-Lammerting-Allee 20-22, Cologne, DEU, 50933
GAG Immobilien AG is a Germany based provider of real-estate services and consultation in the city of Cologne. The company operates as a landlord, and is focused on the business of Leasing, Selling and Managing properties. In the leasing business, the company focuses on leasing the properties it owns. The organization apart from being involved in the provision of leasing services, also sells homes, condominiums, flats and buildings. In the Managing business, the entity undertakes the management and administration of third-party apartments for their owners or owner associations.

GAG Immobilien AG (HAM:GWK3) Headlines

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