GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Warehouses Estates Belgium SA (XBRU:WEB) » Definitions » Cyclically Adjusted Price-to-FCF

Warehouses Estates Belgium (XBRU:WEB) Cyclically Adjusted Price-to-FCF : 8.23 (As of May. 26, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Warehouses Estates Belgium Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Warehouses Estates Belgium's current share price is €38.00. Warehouses Estates Belgium's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €4.62. Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF for today is 8.23.

The historical rank and industry rank for Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XBRU:WEB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.21   Med: 10.78   Max: 15.68
Current: 8.22

During the past 13 years, Warehouses Estates Belgium's highest Cyclically Adjusted Price-to-FCF was 15.68. The lowest was 7.21. And the median was 10.78.

XBRU:WEB's Cyclically Adjusted Price-to-FCF is ranked better than
68.22% of 387 companies
in the REITs industry
Industry Median: 11.26 vs XBRU:WEB: 8.22

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.

Warehouses Estates Belgium's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €5.063. 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 €4.62 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warehouses Estates Belgium Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Warehouses Estates Belgium'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.

Warehouses Estates Belgium Cyclically Adjusted Price-to-FCF Chart

Warehouses Estates Belgium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 11.01 10.52 8.26 7.87

Warehouses Estates Belgium Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 10.52 - 8.26 - 7.87

Competitive Comparison of Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.


Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF falls into.



Warehouses Estates Belgium 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.

Warehouses Estates Belgium's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.00/4.62
=8.23

* 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.

Warehouses Estates Belgium's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Warehouses Estates Belgium'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)
=5.063/128.2922*128.2922
=5.063

Current CPI (Dec23) = 128.2922.

Warehouses Estates Belgium Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 3.932 99.314 5.079
201409 4.186 99.195 5.414
201509 3.324 100.245 4.254
201609 4.255 102.118 5.346
201709 3.639 104.170 4.482
201912 3.016 108.065 3.581
202012 2.583 108.511 3.054
202112 4.522 114.705 5.058
202212 4.847 126.578 4.913
202312 5.063 128.292 5.063

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.


Warehouses Estates Belgium  (XBRU:WEB) 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.


Warehouses Estates Belgium Cyclically Adjusted Price-to-FCF Related Terms

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


Warehouses Estates Belgium (XBRU:WEB) Business Description

Industry
Traded in Other Exchanges
Address
29 Avenue Jean Mermoz, Gosselies, BEL, 6041
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.