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PotlatchDeltic (PotlatchDeltic) Cyclically Adjusted FCF per Share : $1.93 (As of Dec. 2023)


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What is PotlatchDeltic 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.

PotlatchDeltic's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.414. 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 $1.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PotlatchDeltic's average Cyclically Adjusted FCF Growth Rate was -4.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% 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 PotlatchDeltic was 98.30% per year. The lowest was -56.10% per year. And the median was 12.60% per year.

As of today (2024-04-27), PotlatchDeltic's current stock price is $41.05. PotlatchDeltic's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.93. PotlatchDeltic's Cyclically Adjusted Price-to-FCF of today is 21.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PotlatchDeltic was 2199.50. The lowest was 13.76. And the median was 37.63.


PotlatchDeltic Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PotlatchDeltic'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.

PotlatchDeltic Cyclically Adjusted FCF per Share Chart

PotlatchDeltic 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 0.98 1.09 1.64 2.03 1.93

PotlatchDeltic 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 2.03 2.03 2.06 2.01 1.93

Competitive Comparison of PotlatchDeltic's Cyclically Adjusted FCF per Share

For the REIT - Specialty subindustry, PotlatchDeltic'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.


PotlatchDeltic's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



PotlatchDeltic 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, PotlatchDeltic'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)
=-0.414/129.4194*129.4194
=-0.414

Current CPI (Dec. 2023) = 129.4194.

PotlatchDeltic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.893 99.695 1.159
201406 0.482 100.560 0.620
201409 0.770 100.428 0.992
201412 -9.009 99.070 -11.769
201503 0.413 99.621 0.537
201506 -0.451 100.684 -0.580
201509 0.489 100.392 0.630
201512 0.307 99.792 0.398
201603 0.628 100.470 0.809
201606 0.239 101.688 0.304
201609 0.563 101.861 0.715
201612 0.553 101.863 0.703
201703 0.868 102.862 1.092
201706 0.700 103.349 0.877
201709 0.528 104.136 0.656
201712 0.635 104.011 0.790
201803 0.560 105.290 0.688
201806 0.762 106.317 0.928
201809 0.626 106.507 0.761
201812 0.139 105.998 0.170
201903 0.163 107.251 0.197
201906 0.480 108.070 0.575
201909 0.337 108.329 0.403
201912 0.227 108.420 0.271
202003 0.513 108.902 0.610
202006 0.453 108.767 0.539
202009 1.391 109.815 1.639
202012 1.927 109.897 2.269
202103 2.341 111.754 2.711
202106 2.318 114.631 2.617
202109 1.434 115.734 1.604
202112 0.253 117.630 0.278
202203 3.061 121.301 3.266
202206 1.114 125.017 1.153
202209 0.214 125.227 0.221
202212 0.012 125.222 0.012
202303 0.359 127.348 0.365
202306 0.312 128.729 0.314
202309 0.207 129.860 0.206
202312 -0.414 129.419 -0.414

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


PotlatchDeltic  (NAS:PCH) 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.

PotlatchDeltic's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=41.05/1.93
=21.27

* 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 PotlatchDeltic was 2199.50. The lowest was 13.76. And the median was 37.63.


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.


PotlatchDeltic Cyclically Adjusted FCF per Share Related Terms

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


PotlatchDeltic (PotlatchDeltic) Business Description

Industry
Traded in Other Exchanges
Address
601 West 1st Avenue, Suite 1600, Spokane, WA, USA, 99201
PotlatchDeltic Corp is a REIT that owns and manages forestland in Alabama, Arkansas, Idaho, Minnesota, and Mississippi. Potlach operates in three segments. The timberlands segment covers the planting and harvesting of trees, as well as the construction and maintenance of roads. The wood products segment manufactures and distributes lumber, plywood, and other wood products. The real estate segment covers the sales generated from company-owned timberlands, as well as commercial and residential properties. The timberlands and the wood product segments combined drive the majority of the company's revenue.
Executives
Glen F Smith officer: Chief Accounting Officer 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Covey director, officer: CHAIRMAN, PRESIDENT & CEO C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Jerald W Richards officer: VP, Chief Financial Officer C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Robert L. Schwartz officer: VP, Human Resources 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Wayne Wasechek officer: Controller C/O POTLATCHDELTIC CORPORATION, 601 WEST FIRST AVE SUITE 1600, SPOKANE WA 99201
Michele Lynn Tyler officer: VP, GC Corp Sec 601 W FIRST AVE, SUITE 1600, SPOKANE WA 99201
William R Dereu officer: VICE PRESIDENT C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Eric J Cremers officer: VICE PRESIDENT C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Darin Robert Ball officer: VP of Resource 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
James M Decosmo director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Anna E. Torma officer: VP,Public Affairs/ESG Officer 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Anne L. Alonzo director 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Ashlee Townsend Cribb officer: VP, Wood Products 600 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Thomas J. Temple officer: Vice President C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Larry Peiros director 1221BROADWAY, OAKLAND CA 94612