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Summit Real Estate Holdings (XTAE:SMT) Cyclically Adjusted Price-to-FCF : 8.58 (As of Jun. 08, 2024)


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What is Summit Real Estate Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Summit Real Estate Holdings's current share price is ₪42.30. Summit Real Estate Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪4.93. Summit Real Estate Holdings's Cyclically Adjusted Price-to-FCF for today is 8.58.

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

XTAE:SMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.29   Med: 11.21   Max: 22.93
Current: 8.82

During the past years, Summit Real Estate Holdings's highest Cyclically Adjusted Price-to-FCF was 22.93. The lowest was 8.29. And the median was 11.21.

XTAE:SMT's Cyclically Adjusted Price-to-FCF is ranked better than
62.27% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs XTAE:SMT: 8.82

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.

Summit Real Estate Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪1.212. 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 ₪4.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Summit Real Estate Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Summit Real Estate Holdings'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.

Summit Real Estate Holdings Cyclically Adjusted Price-to-FCF Chart

Summit Real Estate Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.05 10.48 11.44

Summit Real Estate Holdings 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 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 8.84 10.39 10.40 11.44 9.56

Competitive Comparison of Summit Real Estate Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Summit Real Estate Holdings'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.


Summit Real Estate Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

* The bar in red indicates where Summit Real Estate Holdings's Cyclically Adjusted Price-to-FCF falls into.



Summit Real Estate Holdings 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.

Summit Real Estate Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.30/4.93
=8.58

* 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.

Summit Real Estate Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Summit Real Estate Holdings'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)
=1.212/131.7762*131.7762
=1.212

Current CPI (Mar. 2024) = 131.7762.

Summit Real Estate Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 0.669 99.621 0.885
201506 0.766 100.684 1.003
201509 1.023 100.392 1.343
201512 0.880 99.792 1.162
201603 0.806 100.470 1.057
201606 0.835 101.688 1.082
201609 0.833 101.861 1.078
201612 0.961 101.863 1.243
201703 0.671 102.862 0.860
201706 0.855 103.349 1.090
201709 1.091 104.136 1.381
201712 0.872 104.011 1.105
201803 0.793 105.290 0.992
201806 0.807 106.317 1.000
201809 1.046 106.507 1.294
201812 0.736 105.998 0.915
201903 1.313 107.251 1.613
201906 1.268 108.070 1.546
201909 1.168 108.329 1.421
201912 1.393 108.420 1.693
202003 0.885 108.902 1.071
202006 0.934 108.767 1.132
202009 1.134 109.815 1.361
202012 1.261 109.897 1.512
202103 1.132 111.754 1.335
202106 1.203 114.631 1.383
202109 0.790 115.734 0.900
202112 0.999 117.630 1.119
202203 1.291 121.301 1.402
202206 1.244 125.017 1.311
202209 1.397 125.227 1.470
202212 1.396 125.222 1.469
202303 0.838 127.348 0.867
202306 1.633 128.729 1.672
202309 1.090 129.860 1.106
202312 1.458 129.419 1.485
202403 1.212 131.776 1.212

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.


Summit Real Estate Holdings  (XTAE:SMT) 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.


Summit Real Estate Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Summit Real Estate Holdings (XTAE:SMT) Business Description

Traded in Other Exchanges
N/A
Address
66 Hahistadrut Avenue, Haifa, ISR
Summit Real Estate Holdings Ltd is an Israel-based company. It is active in real estate industry. The company is involved in various aspects of the real estate business. It primarily emphasized on purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Summit Real Estate Holdings (XTAE:SMT) Headlines