GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Hills Reit Investment Corp (TSE:3234) » Definitions » Cyclically Adjusted Price-to-FCF

Mori Hills Reit Investment (TSE:3234) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Mori Hills Reit Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mori Hills Reit Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Cyclically Adjusted Price-to-FCF Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of Mori Hills Reit Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.


Mori Hills Reit Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Mori Hills Reit Investment's Cyclically Adjusted Price-to-FCF falls into.



Mori Hills Reit Investment 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.

Mori Hills Reit Investment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Mori Hills Reit Investment's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=9031.867/105.7000*105.7000
=9,031.867

Current CPI (Jul23) = 105.7000.

Mori Hills Reit Investment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -10,420.924 98.100 -11,228.253
201507 -12,998.581 98.300 -13,977.111
201607 -29,787.690 97.900 -32,160.969
201707 7,473.942 98.300 8,036.579
201807 -6,475.706 99.200 -6,900.021
201907 -9,704.551 99.800 -10,278.267
202007 6,289.910 100.000 6,648.435
202107 152.314 99.700 161.480
202207 3,864.499 102.300 3,992.938
202307 9,031.867 105.700 9,031.867

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.


Mori Hills Reit Investment  (TSE:3234) 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.


Mori Hills Reit Investment Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mori Hills Reit Investment's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

Mori Hills Reit Investment (TSE:3234) Headlines

No Headlines