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Meriaura Group (OSTO:MERIS) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Meriaura Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meriaura Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meriaura Group'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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Meriaura Group Cyclically Adjusted Price-to-FCF Chart

Meriaura Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Meriaura Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Meriaura Group's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Meriaura Group'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.


Meriaura Group's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meriaura Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Meriaura Group 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.

Meriaura Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Meriaura Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.027/121.5400*121.5400
=0.027

Current CPI (Dec23) = 121.5400.

Meriaura Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -52.905 100.229 -64.154
201512 -50.712 99.990 -61.642
201612 -42.568 101.020 -51.215
201712 -14.494 101.510 -17.354
201812 -14.889 102.710 -17.619
201912 -2.279 103.650 -2.672
202012 -1.664 103.890 -1.947
202112 -0.376 107.490 -0.425
202212 -0.091 117.320 -0.094
202312 0.027 121.540 0.027

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.


Meriaura Group  (OSTO:MERIS) 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.


Meriaura Group Cyclically Adjusted Price-to-FCF Related Terms

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Meriaura Group (OSTO:MERIS) Business Description

Industry
Traded in Other Exchanges
Address
Insinoorinkatu 7, Mikkeli, FIN, FI-50150
Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

Meriaura Group (OSTO:MERIS) Headlines

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