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Education Realty Trust (Education Realty Trust) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Education Realty Trust Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Education Realty Trust Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Education Realty Trust'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.

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Education Realty Trust Cyclically Adjusted Price-to-FCF Chart

Education Realty Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Education Realty Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Education Realty Trust's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Education Realty 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.


Education Realty Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Education Realty Trust 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.

Education Realty Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Education Realty Trust's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.455/106.3168*106.3168
=0.455

Current CPI (Jun. 2018) = 106.3168.

Education Realty Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200809 -0.180 92.307 -0.207
200812 1.052 88.697 1.261
200903 0.989 89.744 1.172
200906 0.966 91.003 1.129
200909 -0.379 91.120 -0.442
200912 1.042 91.111 1.216
201003 0.251 91.821 0.291
201006 0.402 91.962 0.465
201009 0.700 92.162 0.808
201012 0.315 92.474 0.362
201103 -0.857 94.283 -0.966
201106 -0.588 95.235 -0.656
201109 -1.477 95.727 -1.640
201112 3.655 95.213 4.081
201203 0.309 96.783 0.339
201206 0.310 96.819 0.340
201209 0.340 97.633 0.370
201212 0.431 96.871 0.473
201303 0.517 98.209 0.560
201306 0.451 98.518 0.487
201309 0.680 98.790 0.732
201312 -2.849 98.326 -3.081
201403 0.439 99.695 0.468
201406 0.495 100.560 0.523
201409 -2.390 100.428 -2.530
201412 0.375 99.070 0.402
201503 0.589 99.621 0.629
201506 0.149 100.684 0.157
201509 -0.803 100.392 -0.850
201512 0.534 99.792 0.569
201603 0.138 100.470 0.146
201606 -2.533 101.688 -2.648
201609 -0.313 101.861 -0.327
201612 0.385 101.863 0.402
201703 0.614 102.862 0.635
201706 0.310 103.349 0.319
201709 -1.197 104.136 -1.222
201712 0.342 104.011 0.350
201803 0.399 105.290 0.403
201806 0.455 106.317 0.455

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.


Education Realty Trust  (NYSE:EDR) 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.


Education Realty Trust Cyclically Adjusted Price-to-FCF Related Terms

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Education Realty Trust (Education Realty Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Education Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of collegiate housing communities located near university campuses throughout the United States. In terms of the total number of residential communities and the total number of beds, the majority of the company's real estate portfolio is located in the Mid-Atlantic and South Central regions of the United States. Nearly all of Education Realty's revenue is derived from short-term collegiate housing leases. Most of this revenue is generated by the company's holdings in the Mid-Atlantic and South Central regions. Real estate markets surrounding universities in Kentucky and Texas represent some of Education Realty's largest individual markets.
Executives
John T Thomas director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Brewer Edwin B Jr officer: Executive VP and CFO C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Randy L Churchey director, officer: Chairman and CEO 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
John V Arabia director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Kimberly Schaefer director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Randall H Brown officer: Exec. VP, CFO and Treasurer 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211