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Multistack International (ASX:MSI) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Multistack International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Multistack International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Multistack International'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.

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Multistack International Cyclically Adjusted Price-to-FCF Chart

Multistack International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Multistack International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Multistack International's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Multistack International'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.


Multistack International's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Multistack International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Multistack International 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.

Multistack International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Multistack International's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.005/126.3989*126.3989
=-0.005

Current CPI (Dec23) = 126.3989.

Multistack International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.002 99.002 0.003
201512 0.002 100.673 0.003
201612 -0.003 102.159 -0.004
201712 -0.001 104.110 -0.001
201812 -0.003 105.967 -0.004
201912 -0.005 107.917 -0.006
202012 -0.003 108.846 -0.003
202112 -0.004 112.654 -0.004
202212 -0.003 121.477 -0.003
202312 -0.005 126.399 -0.005

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.


Multistack International  (ASX:MSI) 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.


Multistack International Cyclically Adjusted Price-to-FCF Related Terms

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Multistack International (ASX:MSI) Business Description

Traded in Other Exchanges
N/A
Address
17 Friars Road, Moorabbin, Melbourne, VIC, AUS, 3189
Multistack International Ltd engages in the marketing and distribution of industrial air conditioning equipment through its wholly-owned subsidiary, DunnAir International Ltd. The company has two segments namely Heating, ventilation, air conditioning, and Passive investment operations. It generates maximum revenue from the Heating, ventilation, and air conditioning segment. The company distributes its products in New Zealand, the Philippines, South Korea, and the middle east region. Its products include Water-Cooled, Air-Cooled, MagLev Water-Cooled, MagLev Air-Cooled, Heat Pump/Dedicated Heat Recovery Chillers, Centrifugal Modules, and Air-Cooled Split.

Multistack International (ASX:MSI) Headlines