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Metsa Board Oyj (OHEL:METSA) Cyclically Adjusted Price-to-FCF : 27.93 (As of May. 20, 2024)


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What is Metsa Board Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Metsa Board Oyj's current share price is €8.10. Metsa Board Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.29. Metsa Board Oyj's Cyclically Adjusted Price-to-FCF for today is 27.93.

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

OHEL:METSA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.39   Med: 58.24   Max: 468
Current: 27.75

During the past years, Metsa Board Oyj's highest Cyclically Adjusted Price-to-FCF was 468.00. The lowest was 21.39. And the median was 58.24.

OHEL:METSA's Cyclically Adjusted Price-to-FCF is ranked worse than
66.46% of 161 companies
in the Packaging & Containers industry
Industry Median: 16.53 vs OHEL:METSA: 27.75

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.

Metsa Board Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.090. 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 €0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metsa Board Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metsa Board Oyj'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.

Metsa Board Oyj Cyclically Adjusted Price-to-FCF Chart

Metsa Board Oyj 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 107.22 57.63 49.27 47.09 26.80

Metsa Board Oyj 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 53.82 45.52 24.68 26.80 27.95

Competitive Comparison of Metsa Board Oyj's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Metsa Board Oyj'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.


Metsa Board Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Metsa Board Oyj's Cyclically Adjusted Price-to-FCF falls into.



Metsa Board Oyj 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.

Metsa Board Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.10/0.29
=27.93

* 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.

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

For example, Metsa Board Oyj'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)
=-0.09/122.3600*122.3600
=-0.090

Current CPI (Mar. 2024) = 122.3600.

Metsa Board Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.225 100.147 0.275
201409 0.128 100.726 0.155
201412 0.165 100.229 0.201
201503 0.027 100.120 0.033
201506 -0.075 100.030 -0.092
201509 0.136 100.130 0.166
201512 0.122 99.990 0.149
201603 -0.224 100.080 -0.274
201606 -0.187 100.390 -0.228
201609 0.133 100.540 0.162
201612 0.118 101.020 0.143
201703 0.021 100.910 0.025
201706 0.064 101.140 0.077
201709 0.168 101.320 0.203
201712 0.222 101.510 0.268
201803 0.056 101.730 0.067
201806 0.065 102.320 0.078
201809 0.121 102.600 0.144
201812 -0.009 102.710 -0.011
201903 0.084 102.870 0.100
201906 0.037 103.360 0.044
201909 0.075 103.540 0.089
201912 0.113 103.650 0.133
202003 0.134 103.490 0.158
202006 0.098 103.320 0.116
202009 0.084 103.710 0.099
202012 0.113 103.890 0.133
202103 -0.048 104.870 -0.056
202106 0.204 105.360 0.237
202109 0.066 106.290 0.076
202112 0.102 107.490 0.116
202203 0.062 110.950 0.068
202206 -0.206 113.570 -0.222
202209 0.052 114.920 0.055
202212 -0.027 117.320 -0.028
202303 0.192 119.750 0.196
202306 -0.110 120.690 -0.112
202309 0.093 121.280 0.094
202312 0.167 121.540 0.168
202403 -0.090 122.360 -0.090

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.


Metsa Board Oyj  (OHEL:METSA) 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.


Metsa Board Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Metsa Board Oyj (OHEL:METSA) Business Description

Traded in Other Exchanges
Address
Revontulenpuisto 2, Espoo, FIN, 02100
Metsa Board Oyj manufactures and sells a variety of fibre-based products. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. Most of the revenue is generated in Europe. It also operates in the Americas and the Asia-Pacific region.

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