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MEKO AB (OSTO:MEKO) Cyclically Adjusted FCF per Share : kr20.52 (As of Mar. 2024)


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What is MEKO AB 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.

MEKO AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr4.215. 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 kr20.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MEKO AB's average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 MEKO AB was 14.90% per year. The lowest was 9.00% per year. And the median was 13.05% per year.

As of today (2024-05-28), MEKO AB's current stock price is kr119.00. MEKO AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr20.52. MEKO AB's Cyclically Adjusted Price-to-FCF of today is 5.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MEKO AB was 12.13. The lowest was 3.07. And the median was 6.78.


MEKO AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MEKO AB'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.

MEKO AB Cyclically Adjusted FCF per Share Chart

MEKO AB 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 12.25 14.13 16.18 18.56 19.83

MEKO AB 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 18.56 18.99 19.86 19.83 20.52

Competitive Comparison of MEKO AB's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, MEKO AB'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.


MEKO AB's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MEKO AB's Cyclically Adjusted Price-to-FCF falls into.



MEKO AB 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, MEKO AB'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)
=4.215/132.2054*132.2054
=4.215

Current CPI (Mar. 2024) = 132.2054.

MEKO AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.461 100.432 5.872
201409 2.626 100.161 3.466
201412 4.136 100.225 5.456
201503 -1.092 99.950 -1.444
201506 3.183 99.995 4.208
201509 3.602 100.228 4.751
201512 4.531 100.276 5.974
201603 0.697 100.751 0.915
201606 5.298 101.019 6.934
201609 1.812 101.138 2.369
201612 4.833 102.022 6.263
201703 0.860 102.022 1.114
201706 3.114 102.752 4.007
201709 2.200 103.279 2.816
201712 6.852 103.793 8.728
201803 0.167 103.962 0.212
201806 6.518 104.875 8.217
201809 1.226 105.679 1.534
201812 0.816 105.912 1.019
201903 2.804 105.886 3.501
201906 6.335 106.742 7.846
201909 7.545 107.214 9.304
201912 3.586 107.766 4.399
202003 1.101 106.563 1.366
202006 11.878 107.498 14.608
202009 9.250 107.635 11.362
202012 6.623 108.296 8.085
202103 3.178 108.360 3.877
202106 7.236 108.928 8.782
202109 8.038 110.338 9.631
202112 3.413 112.486 4.011
202203 -2.465 114.825 -2.838
202206 6.912 118.384 7.719
202209 8.476 122.296 9.163
202212 5.843 126.365 6.113
202303 -0.574 127.042 -0.597
202306 8.695 129.407 8.883
202309 10.699 130.224 10.862
202312 2.483 131.912 2.489
202403 4.215 132.205 4.215

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


MEKO AB  (OSTO:MEKO) 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.

MEKO AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=119.00/20.52
=5.80

* 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 MEKO AB was 12.13. The lowest was 3.07. And the median was 6.78.


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.


MEKO AB Cyclically Adjusted FCF per Share Related Terms

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


MEKO AB (OSTO:MEKO) Business Description

Industry
Traded in Other Exchanges
Address
Solnavagen 4, 11th Floor, Box 19542, Stockholm, SWE, SE-104 32
Meko AB functions in the car aftermarket, operating car service chains, and wholesale operations. It offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. Affiliated workshops operate under the company's brands: BilXtra, MECA Car Service, Mekonomen Bilverstad, MekoPartner, and Speedy, among others.

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