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Marathon Digital Holdings (FRA:M44) Cyclically Adjusted FCF per Share : €-1.52 (As of Mar. 2024)


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What is Marathon Digital Holdings 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.

Marathon Digital Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.335. 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 €-1.52 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.10% 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 Marathon Digital Holdings was 23.10% per year. The lowest was 23.10% per year. And the median was 23.10% per year.

As of today (2024-06-10), Marathon Digital Holdings's current stock price is €17.844. Marathon Digital Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-1.52. Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF of today is .


Marathon Digital Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marathon Digital Holdings'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.

Marathon Digital Holdings Cyclically Adjusted FCF per Share Chart

Marathon Digital Holdings 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 - -2.77 -2.80 -1.84 -1.36

Marathon Digital Holdings 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 -1.78 -1.64 -1.44 -1.36 -1.52

Competitive Comparison of Marathon Digital Holdings's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Marathon Digital Holdings'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.


Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF falls into.



Marathon Digital Holdings 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, Marathon Digital Holdings'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)
=-0.335/131.7762*131.7762
=-0.335

Current CPI (Mar. 2024) = 131.7762.

Marathon Digital Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.640 100.560 0.839
201409 0.647 100.428 0.849
201412 1.150 99.070 1.530
201503 -1.260 99.621 -1.667
201506 -4.512 100.684 -5.905
201509 2.645 100.392 3.472
201512 -0.077 99.792 -0.102
201603 0.106 100.470 0.139
201606 10.533 101.688 13.650
201609 -4.091 101.861 -5.292
201612 -1.119 101.863 -1.448
201703 -3.668 102.862 -4.699
201706 -1.546 103.349 -1.971
201709 -4.116 104.136 -5.209
201712 1.437 104.011 1.821
201803 -2.067 105.290 -2.587
201806 -0.241 106.317 -0.299
201809 -0.236 106.507 -0.292
201812 -0.132 105.998 -0.164
201903 -0.113 107.251 -0.139
201906 -0.092 108.070 -0.112
201909 -0.104 108.329 -0.127
201912 -0.132 108.420 -0.160
202003 -0.112 108.902 -0.136
202006 -0.055 108.767 -0.067
202009 -0.037 109.815 -0.044
202012 -0.043 109.897 -0.052
202103 -0.249 111.754 -0.294
202106 -0.374 114.631 -0.430
202109 -0.015 115.734 -0.017
202112 -1.877 117.630 -2.103
202203 -0.287 121.301 -0.312
202206 -0.190 125.017 -0.200
202209 -0.424 125.227 -0.446
202212 -0.858 125.222 -0.903
202303 -0.601 127.348 -0.622
202306 -0.315 128.729 -0.322
202309 -0.416 129.860 -0.422
202312 -0.326 129.419 -0.332
202403 -0.335 131.776 -0.335

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


Marathon Digital Holdings  (FRA:M44) 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.


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.


Marathon Digital Holdings Cyclically Adjusted FCF per Share Related Terms

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


Marathon Digital Holdings (FRA:M44) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.

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