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CIA Melhoramentos deo Paulo (BSP:MSPA4) Cyclically Adjusted Price-to-FCF : 19.37 (As of Jun. 07, 2024)


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What is CIA Melhoramentos deo Paulo Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), CIA Melhoramentos deo Paulo's current share price is R$37.00. CIA Melhoramentos deo Paulo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.91. CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF for today is 19.37.

The historical rank and industry rank for CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:MSPA4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.37   Med: 106.82   Max: 5150
Current: 19.41

During the past years, CIA Melhoramentos deo Paulo's highest Cyclically Adjusted Price-to-FCF was 5150.00. The lowest was 19.37. And the median was 106.82.

BSP:MSPA4's Cyclically Adjusted Price-to-FCF is not ranked
in the Forest Products industry.
Industry Median: 16.99 vs BSP:MSPA4: 19.41

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.

CIA Melhoramentos deo Paulo's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.335. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$1.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA Melhoramentos deo Paulo Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CIA Melhoramentos deo Paulo'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.

* Premium members only.

CIA Melhoramentos deo Paulo Cyclically Adjusted Price-to-FCF Chart

CIA Melhoramentos deo Paulo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 28.03

CIA Melhoramentos deo Paulo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - 73.38 38.40 28.03 19.41

Competitive Comparison of CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, CIA Melhoramentos deo Paulo'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.


CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF falls into.



CIA Melhoramentos deo Paulo 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.

CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.00/1.91
=19.37

* 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.

CIA Melhoramentos deo Paulo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIA Melhoramentos deo Paulo'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)
=0.335/159.3724*159.3724
=0.335

Current CPI (Mar. 2024) = 159.3724.

CIA Melhoramentos deo Paulo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.644 91.838 4.588
201409 -2.168 92.602 -3.731
201412 5.300 94.194 8.967
201503 -3.408 97.799 -5.554
201506 -0.542 100.006 -0.864
201509 -4.341 101.392 -6.823
201512 -2.516 104.247 -3.846
201603 12.438 106.979 18.530
201606 -3.237 108.851 -4.739
201609 2.794 109.986 4.049
201612 -2.225 110.802 -3.200
201703 0.738 111.869 1.051
201706 8.897 112.115 12.647
201709 3.592 112.777 5.076
201712 -1.245 114.068 -1.739
201803 3.472 114.868 4.817
201806 2.572 117.038 3.502
201809 -0.987 117.881 -1.334
201812 3.099 118.340 4.174
201903 -0.309 120.124 -0.410
201906 -2.658 120.977 -3.502
201909 -4.154 121.292 -5.458
201912 -1.332 123.436 -1.720
202003 -2.329 124.092 -2.991
202006 -0.255 123.557 -0.329
202009 -2.937 125.095 -3.742
202012 -3.178 129.012 -3.926
202103 1.142 131.660 1.382
202106 -0.253 133.871 -0.301
202109 -1.654 137.913 -1.911
202112 -2.326 141.992 -2.611
202203 0.191 146.537 0.208
202206 -3.392 149.784 -3.609
202209 -1.679 147.800 -1.810
202212 12.851 150.207 13.635
202303 -0.854 153.352 -0.888
202306 3.537 154.519 3.648
202309 1.523 155.464 1.561
202312 -0.963 157.148 -0.977
202403 0.335 159.372 0.335

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.


CIA Melhoramentos deo Paulo  (BSP:MSPA4) 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.


CIA Melhoramentos deo Paulo Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CIA Melhoramentos deo Paulo's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA Melhoramentos deo Paulo (BSP:MSPA4) Business Description

Traded in Other Exchanges
Address
Rua Tito 479, Sao Paulo, SP, BRA, 05051000
CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.

CIA Melhoramentos deo Paulo (BSP:MSPA4) Headlines

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