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Heriot REIT (JSE:HET) Price-to-Free-Cash-Flow : 14.93 (As of May. 24, 2024)


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What is Heriot REIT Price-to-Free-Cash-Flow?

As of today (2024-05-24), Heriot REIT's share price is R13.50. Heriot REIT's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R0.90. Hence, Heriot REIT's Price-to-Free-Cash-Flow Ratio for today is 14.93.

The historical rank and industry rank for Heriot REIT's Price-to-Free-Cash-Flow or its related term are showing as below:

JSE:HET' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 11.21   Med: 13.42   Max: 14.93
Current: 14.93

During the past 6 years, Heriot REIT's highest Price-to-Free-Cash-Flow Ratio was 14.93. The lowest was 11.21. And the median was 13.42.

JSE:HET's Price-to-Free-Cash-Flow is not ranked
in the REITs industry.
Industry Median: 12.37 vs JSE:HET: 14.93

Heriot REIT's Free Cash Flow per Share for the six months ended in Dec. 2023 was R0.47. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was R0.90.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Heriot REIT was -16.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 5.50% per year.

During the past 6 years, Heriot REIT's highest 3-Year average Free Cash Flow per Share Growth Rate was 6.80% per year. The lowest was 5.50% per year. And the median was 6.15% per year.


Heriot REIT Price-to-Free-Cash-Flow Historical Data

The historical data trend for Heriot REIT's Price-to-Free-Cash-Flow 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.

Heriot REIT Price-to-Free-Cash-Flow Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 13.82 13.43 11.72 11.86 11.43

Heriot REIT Semi-Annual Data
Nov17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.86 - 11.43 -

Competitive Comparison of Heriot REIT's Price-to-Free-Cash-Flow

For the REIT - Diversified subindustry, Heriot REIT's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Heriot REIT's Price-to-Free-Cash-Flow Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Heriot REIT's Price-to-Free-Cash-Flow falls into.



Heriot REIT Price-to-Free-Cash-Flow Calculation

Heriot REIT's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=13.50/0.904
=14.93

Heriot REIT's Share Price of today is R13.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R0.90.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Heriot REIT  (JSE:HET) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Heriot REIT Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Heriot REIT's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Heriot REIT (JSE:HET) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

Heriot REIT (JSE:HET) Headlines

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