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Mowi ASA (CHIX:MOWIO) Cyclically Adjusted Price-to-FCF : 22.95 (As of May. 24, 2024)


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What is Mowi ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Mowi ASA's current share price is kr195.75. Mowi ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr8.53. Mowi ASA's Cyclically Adjusted Price-to-FCF for today is 22.95.

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

CHIX:MOWIo' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.95   Med: 33.93   Max: 45.18
Current: 23.28

During the past years, Mowi ASA's highest Cyclically Adjusted Price-to-FCF was 45.18. The lowest was 19.95. And the median was 33.93.

CHIX:MOWIo's Cyclically Adjusted Price-to-FCF is ranked better than
50.43% of 702 companies
in the Consumer Packaged Goods industry
Industry Median: 23.58 vs CHIX:MOWIo: 23.28

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.

Mowi ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr3.174. 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 kr8.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mowi ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted Price-to-FCF Chart

Mowi ASA 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 43.22 36.66 34.09 24.68 21.63

Mowi ASA 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 25.62 21.89 23.72 21.63 23.34

Competitive Comparison of Mowi ASA's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mowi ASA 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.

Mowi ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=195.75/8.53
=22.95

* 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.

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

For example, Mowi ASA'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)
=3.174/132.6000*132.6000
=3.174

Current CPI (Mar. 2024) = 132.6000.

Mowi ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.355 97.500 3.203
201409 0.773 98.500 1.041
201412 0.041 98.600 0.055
201503 0.025 99.200 0.033
201506 0.685 100.100 0.907
201509 0.411 100.600 0.542
201512 -0.823 100.900 -1.082
201603 2.248 102.500 2.908
201606 3.206 103.800 4.096
201609 2.377 104.200 3.025
201612 1.877 104.400 2.384
201703 3.846 105.000 4.857
201706 1.864 105.800 2.336
201709 1.426 105.900 1.786
201712 0.278 106.100 0.347
201803 2.184 107.300 2.699
201806 0.814 108.500 0.995
201809 1.765 109.500 2.137
201812 0.570 109.800 0.688
201903 3.812 110.400 4.579
201906 1.550 110.600 1.858
201909 2.462 111.100 2.938
201912 1.094 111.300 1.303
202003 3.288 111.200 3.921
202006 0.946 112.100 1.119
202009 -0.773 112.900 -0.908
202012 0.580 112.900 0.681
202103 3.495 114.600 4.044
202106 4.643 115.300 5.340
202109 3.423 117.500 3.863
202112 0.375 118.900 0.418
202203 4.172 119.800 4.618
202206 2.756 122.600 2.981
202209 1.108 125.600 1.170
202212 -2.097 125.900 -2.209
202303 6.610 127.600 6.869
202306 2.994 130.400 3.045
202309 2.840 129.800 2.901
202312 0.575 131.900 0.578
202403 3.174 132.600 3.174

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.


Mowi ASA  (CHIX:MOWIo) 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.


Mowi ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Mowi ASA (CHIX:MOWIO) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (CHIX:MOWIO) Headlines

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