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Marathon Digital Holdings (FRA:M44) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Marathon Digital Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Marathon Digital Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marathon Digital Holdings'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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Marathon Digital Holdings Cyclically Adjusted Price-to-FCF Chart

Marathon Digital Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Marathon Digital Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Marathon Digital Holdings'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.


Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Marathon Digital Holdings's Cyclically Adjusted Price-to-FCF falls into.



Marathon Digital Holdings 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.

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

For example, Marathon Digital Holdings'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)
=-0.335/131.7762*131.7762
=-0.335

Current CPI (Mar. 2024) = 131.7762.

Marathon Digital Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.640 100.560 0.839
201409 0.647 100.428 0.849
201412 1.150 99.070 1.530
201503 -1.260 99.621 -1.667
201506 -4.512 100.684 -5.905
201509 2.645 100.392 3.472
201512 -0.077 99.792 -0.102
201603 0.106 100.470 0.139
201606 10.533 101.688 13.650
201609 -4.091 101.861 -5.292
201612 -1.119 101.863 -1.448
201703 -3.668 102.862 -4.699
201706 -1.546 103.349 -1.971
201709 -4.116 104.136 -5.209
201712 1.437 104.011 1.821
201803 -2.067 105.290 -2.587
201806 -0.241 106.317 -0.299
201809 -0.236 106.507 -0.292
201812 -0.132 105.998 -0.164
201903 -0.113 107.251 -0.139
201906 -0.092 108.070 -0.112
201909 -0.104 108.329 -0.127
201912 -0.132 108.420 -0.160
202003 -0.112 108.902 -0.136
202006 -0.055 108.767 -0.067
202009 -0.037 109.815 -0.044
202012 -0.043 109.897 -0.052
202103 -0.249 111.754 -0.294
202106 -0.374 114.631 -0.430
202109 -0.015 115.734 -0.017
202112 -1.877 117.630 -2.103
202203 -0.287 121.301 -0.312
202206 -0.190 125.017 -0.200
202209 -0.424 125.227 -0.446
202212 -0.858 125.222 -0.903
202303 -0.601 127.348 -0.622
202306 -0.315 128.729 -0.322
202309 -0.416 129.860 -0.422
202312 -0.326 129.419 -0.332
202403 -0.335 131.776 -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.


Marathon Digital Holdings  (FRA:M44) 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.


Marathon Digital Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Marathon Digital Holdings (FRA:M44) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.

Marathon Digital Holdings (FRA:M44) Headlines

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