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Medical Properties Trust (Medical Properties Trust) Cyclically Adjusted FCF per Share : $1.28 (As of Dec. 2023)


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What is Medical Properties Trust Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Medical Properties Trust's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.226. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.28 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Medical Properties Trust was 51.90% per year. The lowest was 18.50% per year. And the median was 31.95% per year.

As of today (2024-04-28), Medical Properties Trust's current stock price is $4.51. Medical Properties Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.28. Medical Properties Trust's Cyclically Adjusted Price-to-FCF of today is 3.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Medical Properties Trust was 43.91. The lowest was 2.40. And the median was 21.48.


Medical Properties Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Medical Properties Trust's Cyclically Adjusted FCF per Share 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.

Medical Properties Trust Cyclically Adjusted FCF per Share Chart

Medical Properties Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.77 1.18 1.28 1.28

Medical Properties Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.28 1.30 1.30 1.30 1.28

Competitive Comparison of Medical Properties Trust's Cyclically Adjusted FCF per Share

For the REIT - Healthcare Facilities subindustry, Medical Properties 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.


Medical Properties Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

* The bar in red indicates where Medical Properties Trust's Cyclically Adjusted Price-to-FCF falls into.



Medical Properties Trust Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Medical Properties Trust's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.226/129.4194*129.4194
=0.226

Current CPI (Dec. 2023) = 129.4194.

Medical Properties Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.111 99.695 0.144
201406 0.185 100.560 0.238
201409 0.263 100.428 0.339
201412 0.317 99.070 0.414
201503 0.206 99.621 0.268
201506 0.218 100.684 0.280
201509 0.200 100.392 0.258
201512 0.316 99.792 0.410
201603 0.292 100.470 0.376
201606 0.284 101.688 0.361
201609 0.125 101.861 0.159
201612 0.299 101.863 0.380
201703 0.200 102.862 0.252
201706 0.259 103.349 0.324
201709 0.178 104.136 0.221
201712 0.390 104.011 0.485
201803 0.259 105.290 0.318
201806 0.278 106.317 0.338
201809 0.280 106.507 0.340
201812 0.408 105.998 0.498
201903 0.228 107.251 0.275
201906 0.281 108.070 0.337
201909 0.293 108.329 0.350
201912 0.337 108.420 0.402
202003 0.205 108.902 0.244
202006 0.344 108.767 0.409
202009 0.288 109.815 0.339
202012 0.326 109.897 0.384
202103 0.327 111.754 0.379
202106 0.300 114.631 0.339
202109 0.355 115.734 0.397
202112 0.392 117.630 0.431
202203 0.300 121.301 0.320
202206 0.275 125.017 0.285
202209 0.357 125.227 0.369
202212 0.303 125.222 0.313
202303 0.227 127.348 0.231
202306 0.128 128.729 0.129
202309 0.264 129.860 0.263
202312 0.226 129.419 0.226

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Medical Properties Trust  (NYSE:MPW) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Medical Properties Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.51/1.28
=3.52

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Medical Properties Trust was 43.91. The lowest was 2.40. And the median was 21.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Medical Properties Trust Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Medical Properties Trust's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Medical Properties Trust (Medical Properties Trust) Business Description

Industry
Traded in Other Exchanges
Address
1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242
Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.
Executives
Aldag Edward K Jr director, officer: Chairman, President & CEO 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
R Steven Hamner director, officer: Executive Vice President & CFO
Larry H Portal officer: SVP, Senior Advisor to the CEO 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Rosa Handley Hooper officer: SVP of Operations & Asst. Sec. 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
James Kevin Hanna officer: Senior VP, Controller & CAO 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Michael G Stewart officer: Exec. VP, Gen Counsel, Sec 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Emily Webster Murphy director 601 N FAIRFAX ST, ALEXANDRIA VA 22314
Emmett E Mclean officer: EVP, Secretary, and COO 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Caterina Ardon Mozingo director PO BOX 33, MONTGOMERY AL 36101-0033
G Steven Dawson director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Elizabeth N Pitman director 1901 SIXTH AVE NORTH, SUITE 1400, BIRMINGHAM AL 35203
William G Mckenzie director, officer: Vice Chairman of the Board 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Thompson C Reynolds Iii director 227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Sherry A Kellett director
Daniel Paul Sparks director 1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242

Medical Properties Trust (Medical Properties Trust) Headlines

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