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W.P. Carey (W.P. Carey) Cyclically Adjusted Price-to-FCF : 9.93 (As of Apr. 27, 2024)


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What is W.P. Carey Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), W.P. Carey's current share price is $55.03. W.P. Carey's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.54. W.P. Carey's Cyclically Adjusted Price-to-FCF for today is 9.93.

The historical rank and industry rank for W.P. Carey's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WPC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.27   Med: 22.83   Max: 95.97
Current: 10.1

During the past years, W.P. Carey's highest Cyclically Adjusted Price-to-FCF was 95.97. The lowest was 9.27. And the median was 22.83.

WPC's Cyclically Adjusted Price-to-FCF is ranked better than
58.46% of 390 companies
in the REITs industry
Industry Median: 11.545 vs WPC: 10.10

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.

W.P. Carey's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.186. 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 $5.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.P. Carey Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for W.P. Carey'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.

W.P. Carey Cyclically Adjusted Price-to-FCF Chart

W.P. Carey 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 20.92 17.21 17.44 14.63 11.70

W.P. Carey Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.63 13.98 12.02 9.54 11.70

Competitive Comparison of W.P. Carey's Cyclically Adjusted Price-to-FCF

For the REIT - Diversified subindustry, W.P. Carey'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.


W.P. Carey's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



W.P. Carey 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.

W.P. Carey's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=55.03/5.54
=9.93

* 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.

W.P. Carey's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, W.P. Carey'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)
=1.186/129.4194*129.4194
=1.186

Current CPI (Dec. 2023) = 129.4194.

W.P. Carey Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.423 99.695 0.549
201406 1.186 100.560 1.526
201409 0.982 100.428 1.265
201412 1.110 99.070 1.450
201503 0.751 99.621 0.976
201506 1.242 100.684 1.596
201509 1.056 100.392 1.361
201512 1.648 99.792 2.137
201603 1.086 100.470 1.399
201606 1.162 101.688 1.479
201609 1.212 101.861 1.540
201612 1.563 101.863 1.986
201703 1.024 102.862 1.288
201706 1.273 103.349 1.594
201709 1.278 104.136 1.588
201712 1.107 104.011 1.377
201803 0.951 105.290 1.169
201806 1.164 106.317 1.417
201809 1.301 106.507 1.581
201812 0.954 105.998 1.165
201903 0.853 107.251 1.029
201906 1.081 108.070 1.295
201909 1.445 108.329 1.726
201912 1.352 108.420 1.614
202003 1.036 108.902 1.231
202006 0.924 108.767 1.099
202009 1.235 109.815 1.455
202012 1.384 109.897 1.630
202103 1.065 111.754 1.233
202106 1.164 114.631 1.314
202109 1.218 115.734 1.362
202112 1.597 117.630 1.757
202203 1.226 121.301 1.308
202206 1.083 125.017 1.121
202209 1.253 125.227 1.295
202212 1.434 125.222 1.482
202303 1.331 127.348 1.353
202306 1.151 128.729 1.157
202309 1.312 129.860 1.308
202312 1.186 129.419 1.186

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.


W.P. Carey  (NYSE:WPC) 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.


W.P. Carey Cyclically Adjusted Price-to-FCF Related Terms

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


W.P. Carey (W.P. Carey) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » W.P. Carey Inc (NYSE:WPC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
One Manhattan West, 395 9th Avenue, 58th Floor, New York, NY, USA, 10001
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company's revenue comes from properties in the USA. The company's Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.
Executives
Brian H Zander officer: Chief Accounting Officer C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Mark A Alexander director C/O W. P. CAREY INC., 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NEW YORK NY 10001
Talma Stheeman Mechthild Elisabeth director C/O W. P. CAREY INC, ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Beier Constantin H. director C/O W. P. CAREY INC., ONE MANHATTAN WEST 395 9TH AVENUE, 58 FL, NEW YORK, NEW YORK NY 10001
Gino M. Sabatini officer: Managing Director C/O W. P. CAREY & CO. LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
John J Park officer: President C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox director, officer: CEO C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Arjun Mahalingam officer: Chief Accounting Officer C/O W. P. CAREY INC., 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Toniann Sanzone officer: CFO C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brooks G. Gordon officer: Managing Director C/O W. P. CAREY INC., 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Margaret G Lewis director 200 COMMERCE STREET, SMITHFIELD VA 23430
Robert J Flanagan director C/O SAGENT PHARMACEUTICALS, INC., 1901 NORTH ROSELLE ROAD, SUITE 700, SCHAUMBURG IL 60195
Peter Farrell director C/O W. P. CAREY INC., ONE MANHATTAN WEST,395 9TH AVENUE, 58 FL, NEW YORK NY 10001
Van Ommen Nick J.m. director C/O W. P. CAREY & CO. LLC, ONE MANHATTAN WEST, 395 9TH AVE. 58 FL, NEW YORK NY 10001

W.P. Carey (W.P. Carey) Headlines