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MLP SE (CHIX:MLPD) Cyclically Adjusted Price-to-FCF : 3.23 (As of Jun. 08, 2024)


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What is MLP SE Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), MLP SE's current share price is €5.91. MLP SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.83. MLP SE's Cyclically Adjusted Price-to-FCF for today is 3.23.

The historical rank and industry rank for MLP SE's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:MLPd' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.88   Med: 4.92   Max: 7.58
Current: 3.67

During the past years, MLP SE's highest Cyclically Adjusted Price-to-FCF was 7.58. The lowest was 2.88. And the median was 4.92.

CHIX:MLPd's Cyclically Adjusted Price-to-FCF is ranked better than
88.67% of 503 companies
in the Asset Management industry
Industry Median: 20.31 vs CHIX:MLPd: 3.67

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.

MLP SE's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.156. 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 €1.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MLP SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MLP SE'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.

MLP SE Cyclically Adjusted Price-to-FCF Chart

MLP SE 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 6.14 4.50 4.98 3.30 3.39

MLP SE 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 3.36 3.88 3.14 3.39 3.22

Competitive Comparison of MLP SE's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, MLP SE'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.


MLP SE's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MLP SE 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.

MLP SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.91/1.83
=3.23

* 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.

MLP SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MLP SE'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)
=1.156/125.0381*125.0381
=1.156

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.543 0.000
201409 0.110 99.823 0.138
201412 -0.061 99.543 -0.077
201503 0.338 99.717 0.424
201506 0.026 100.417 0.032
201509 0.102 100.417 0.127
201512 0.093 99.717 0.117
201603 0.682 100.017 0.853
201606 -0.052 100.717 -0.065
201609 0.197 101.017 0.244
201612 0.511 101.217 0.631
201703 0.244 101.417 0.301
201706 -0.190 102.117 -0.233
201709 0.400 102.717 0.487
201712 0.589 102.617 0.718
201803 0.645 102.917 0.784
201806 -0.149 104.017 -0.179
201809 0.155 104.718 0.185
201812 0.668 104.217 0.801
201903 1.071 104.217 1.285
201906 0.110 105.718 0.130
201909 -0.156 106.018 -0.184
201912 0.725 105.818 0.857
202003 1.466 105.718 1.734
202006 -0.040 106.618 -0.047
202009 0.546 105.818 0.645
202012 1.814 105.518 2.150
202103 2.583 107.518 3.004
202106 0.972 108.486 1.120
202109 0.706 109.435 0.807
202112 0.772 110.384 0.874
202203 -0.345 113.968 -0.379
202206 -0.493 115.760 -0.533
202209 -1.514 118.818 -1.593
202212 -0.333 119.345 -0.349
202303 -0.686 122.402 -0.701
202306 0.206 123.140 0.209
202309 0.466 124.195 0.469
202312 1.044 123.773 1.055
202403 1.156 125.038 1.156

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.


MLP SE  (CHIX:MLPd) 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.


MLP SE Cyclically Adjusted Price-to-FCF Related Terms

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


MLP SE (CHIX:MLPD) Business Description

Industry
Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.

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