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Retail Opportunity Investments (Retail Opportunity Investments) Cyclically Adjusted Price-to-FCF : 10.38 (As of Apr. 27, 2024)


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What is Retail Opportunity Investments Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Retail Opportunity Investments's current share price is $12.25. Retail Opportunity Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.18. Retail Opportunity Investments's Cyclically Adjusted Price-to-FCF for today is 10.38.

The historical rank and industry rank for Retail Opportunity Investments's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ROIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.47   Med: 16.2   Max: 75.53
Current: 10.5

During the past years, Retail Opportunity Investments's highest Cyclically Adjusted Price-to-FCF was 75.53. The lowest was 9.47. And the median was 16.20.

ROIC's Cyclically Adjusted Price-to-FCF is ranked better than
54.62% of 390 companies
in the REITs industry
Industry Median: 11.545 vs ROIC: 10.50

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.

Retail Opportunity Investments's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.318. 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 $1.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Retail Opportunity Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Retail Opportunity Investments'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.

Retail Opportunity Investments Cyclically Adjusted Price-to-FCF Chart

Retail Opportunity Investments 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 - 47.79 20.05 13.74 11.96

Retail Opportunity Investments 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 12.28 11.79 10.61 11.96 10.89

Competitive Comparison of Retail Opportunity Investments's Cyclically Adjusted Price-to-FCF

For the REIT - Retail subindustry, Retail Opportunity Investments'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.


Retail Opportunity Investments's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



Retail Opportunity Investments 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.

Retail Opportunity Investments's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.25/1.18
=10.38

* 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.

Retail Opportunity Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Retail Opportunity Investments'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)
=0.318/129.4194*129.4194
=0.318

Current CPI (Mar. 2024) = 129.4194.

Retail Opportunity Investments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.162 100.560 0.208
201409 0.243 100.428 0.313
201412 0.132 99.070 0.172
201503 0.295 99.621 0.383
201506 0.147 100.684 0.189
201509 0.313 100.392 0.404
201512 0.118 99.792 0.153
201603 0.321 100.470 0.413
201606 0.189 101.688 0.241
201609 0.347 101.861 0.441
201612 0.134 101.863 0.170
201703 0.328 102.862 0.413
201706 0.199 103.349 0.249
201709 0.325 104.136 0.404
201712 0.209 104.011 0.260
201803 0.358 105.290 0.440
201806 0.181 106.317 0.220
201809 0.350 106.507 0.425
201812 0.162 105.998 0.198
201903 0.320 107.251 0.386
201906 0.177 108.070 0.212
201909 0.389 108.329 0.465
201912 0.164 108.420 0.196
202003 0.320 108.902 0.380
202006 0.065 108.767 0.077
202009 0.347 109.815 0.409
202012 0.109 109.897 0.128
202103 0.352 111.754 0.408
202106 0.182 114.631 0.205
202109 0.374 115.734 0.418
202112 0.163 117.630 0.179
202203 0.363 121.301 0.387
202206 0.224 125.017 0.232
202209 0.419 125.227 0.433
202212 0.121 125.222 0.125
202303 0.334 127.348 0.339
202306 0.216 128.729 0.217
202309 0.384 129.860 0.383
202312 0.176 129.419 0.176
202403 0.318 129.419 0.318

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.


Retail Opportunity Investments  (NAS:ROIC) 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.


Retail Opportunity Investments Cyclically Adjusted Price-to-FCF Related Terms

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


Retail Opportunity Investments (Retail Opportunity Investments) Business Description

Traded in Other Exchanges
N/A
Address
11250 El Camino Real, Suite 200, San Diego, CA, USA, 92130
Retail Opportunity Investments Corp is a self-managed real estate investment trust. The company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company's primary business is the ownership, management, and redevelopment of retail real estate properties.
Executives
Michael J. Indiveri director 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Laura H Pomerantz director
Lauren N. Silveira officer: VP, Chief Accounting Officer RETAIL OPPORTUNITY INVESTMENTS CORP., 11250 EL CAMINO ROAD, SUITE 200, SAN DIEGO CA 92130
Adrienne Banks Pitts director C/O RETAIL OPPORTUNITY INVESTMENTS CORP, 11250 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Zabrina Jenkins director C/O RETAIL OPPORTUNITY INVESTMENT CORP., 11250 EL CAMINO REAL. SUITE 200, SAN DIEGO CA 92130
Richard Schoebel officer: Chief Operating Officer C/O RETAIL OPPORTUNITY INVESTMENTS CORP., 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Angela K Ho director 975 HOOPER AVENUE, TOMS RIVER NJ 08753
Eric S Zorn director 2001 S.E. 10TH STREET, BENTONVILLE AR 72712
Charles J. Persico director 112 MASON STREET, GREENWICH CT 06830
Michael B. Haines officer: EVP,CFO, TREASURER & SECRETARY 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Richard A. Baker director, 10 percent owner, officer: Executive Chairman 3 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward H Meyer director C/O OCEAN ROAD ADVISORS INC, 650 MADISON AVENUE, 26TH FL, NEW YORK NY 10022
Laurie A. Sneve officer: Sr.VP,Chief Accounting Officer 8905 TOWNE CENTRE DRIVE, SUITE 108, SAN DIEGO CA 92122
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenhill Capital Overseas Master Fund, L.p. 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020