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LXP Industrial Trust (LXP Industrial Trust) Cyclically Adjusted FCF per Share : $0.94 (As of Mar. 2024)


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What is LXP Industrial Trust 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.

LXP Industrial Trust's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.125. 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 $0.94 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% 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 LXP Industrial Trust was 37.70% per year. The lowest was -82.40% per year. And the median was 2.50% per year.

As of today (2024-06-02), LXP Industrial Trust's current stock price is $8.50. LXP Industrial Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.94. LXP Industrial Trust's Cyclically Adjusted Price-to-FCF of today is 9.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LXP Industrial Trust was 17.26. The lowest was 3.43. And the median was 10.19.


LXP Industrial Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LXP Industrial Trust'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.

LXP Industrial Trust Cyclically Adjusted FCF per Share Chart

LXP Industrial Trust 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 0.94 0.90 0.92 0.94 0.94

LXP Industrial Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.94 0.96 0.95 0.94 0.94

Competitive Comparison of LXP Industrial Trust's Cyclically Adjusted FCF per Share

For the REIT - Industrial subindustry, LXP Industrial 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.


LXP Industrial Trust's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

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

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



LXP Industrial Trust 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, LXP Industrial Trust'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)
=0.125/131.7762*131.7762
=0.125

Current CPI (Mar. 2024) = 131.7762.

LXP Industrial Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.181 100.560 0.237
201409 0.251 100.428 0.329
201412 0.177 99.070 0.235
201503 0.241 99.621 0.319
201506 0.212 100.684 0.277
201509 0.237 100.392 0.311
201512 0.227 99.792 0.300
201603 0.242 100.470 0.317
201606 0.246 101.688 0.319
201609 0.263 101.861 0.340
201612 0.243 101.863 0.314
201703 0.224 102.862 0.287
201706 0.180 103.349 0.230
201709 0.255 104.136 0.323
201712 0.222 104.011 0.281
201803 0.208 105.290 0.260
201806 0.214 106.317 0.265
201809 0.236 106.507 0.292
201812 0.185 105.998 0.230
201903 0.183 107.251 0.225
201906 0.156 108.070 0.190
201909 0.211 108.329 0.257
201912 0.174 108.420 0.211
202003 0.168 108.902 0.203
202006 0.152 108.767 0.184
202009 0.192 109.815 0.230
202012 0.172 109.897 0.206
202103 0.201 111.754 0.237
202106 0.179 114.631 0.206
202109 0.185 115.734 0.211
202112 0.150 117.630 0.168
202203 0.125 121.301 0.136
202206 0.152 125.017 0.160
202209 0.176 125.227 0.185
202212 0.120 125.222 0.126
202303 0.116 127.348 0.120
202306 0.175 128.729 0.179
202309 0.194 129.860 0.197
202312 0.172 129.419 0.175
202403 0.125 131.776 0.125

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


LXP Industrial Trust  (NYSE:LXP) 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.

LXP Industrial Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.50/0.94
=9.04

* 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 LXP Industrial Trust was 17.26. The lowest was 3.43. And the median was 10.19.


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.


LXP Industrial Trust Cyclically Adjusted FCF per Share Related Terms

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


LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry
Traded in Other Exchanges
Address
One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015
LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.
Executives
Derrick L Johnson director C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Nancy Elizabeth Noe director ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119
Arun Gupta director C/O COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE 300, ALEXANDRIA VA 22314
Nabil Andrawis officer: EVP, Director of Taxation C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Richard Frary director C/O TALLWOOD ASSOCIATES INC., 14 EAST 60TH STREET, SUITE 1003, NEW YORK NY 10022
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lara Sweeney Johnson officer: EVP C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO QUADRANGLE WING A SUITE 111, JERICHO NY 11753
Joseph Bonventre officer: EVP, Gen Counsel & Secretary ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Mark Cherone officer: Chief Accounting Officer C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 11743
James Dudley officer: EVP & Director of Asset Mgmt. C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Brendan P Mullinix officer: EVP LEXINGTON CORPORATE PROPERTIES TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Howard Stewart Roth director 19 DEEPDALE DRIVE, GREAT NECK NY 11021
T Wilson Eglin director, officer: CEO, President and COO
E Robert Roskind director, officer: Chairman of the Board
Richard J Rouse director, officer: Co-Vice Chairman & CIO