GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Minesto AB (OSTO:MINEST) » Definitions » Cyclically Adjusted Price-to-FCF

Minesto AB (OSTO:MINEST) Cyclically Adjusted Price-to-FCF : 78.80 (As of Jun. 06, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Minesto AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Minesto AB's current share price is kr3.94. Minesto AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.05. Minesto AB's Cyclically Adjusted Price-to-FCF for today is 78.80.

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

OSTO:MINEST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 45.2   Med: 51   Max: 72.02
Current: 72.02

During the past years, Minesto AB's highest Cyclically Adjusted Price-to-FCF was 72.02. The lowest was 45.20. And the median was 51.00.

OSTO:MINEST's Cyclically Adjusted Price-to-FCF is ranked worse than
90.08% of 121 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.24 vs OSTO:MINEST: 72.02

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.

Minesto AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.083. 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 kr0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minesto AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Minesto AB'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.

Minesto AB Cyclically Adjusted Price-to-FCF Chart

Minesto AB 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 - - - - -

Minesto AB 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 - - - - 61.49

Competitive Comparison of Minesto AB's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Minesto AB'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.


Minesto AB's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Minesto AB 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.

Minesto AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.94/0.05
=78.80

* 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.

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

For example, Minesto AB'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)
=0.083/132.2054*132.2054
=0.083

Current CPI (Mar. 2024) = 132.2054.

Minesto AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 100.541 0.000
201406 0.000 100.432 0.000
201412 0.000 100.225 0.000
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 0.000 100.276 0.000
201603 0.000 100.751 0.000
201606 0.000 101.019 0.000
201609 0.000 101.138 0.000
201612 0.000 102.022 0.000
201703 0.000 102.022 0.000
201706 0.000 102.752 0.000
201709 0.000 103.279 0.000
201712 0.000 103.793 0.000
201803 0.000 103.962 0.000
201806 0.000 104.875 0.000
201809 0.000 105.679 0.000
201812 0.000 105.912 0.000
201903 -0.028 105.886 -0.035
201906 0.069 106.742 0.085
201909 0.000 107.214 0.000
201912 0.000 107.766 0.000
202003 -0.040 106.563 -0.050
202006 0.489 107.498 0.601
202009 -0.665 107.635 -0.817
202012 0.757 108.296 0.924
202103 -0.028 108.360 -0.034
202106 -0.010 108.928 -0.012
202109 -0.047 110.338 -0.056
202112 -0.057 112.486 -0.067
202203 -0.103 114.825 -0.119
202206 -0.037 118.384 -0.041
202209 -0.062 122.296 -0.067
202212 -0.074 126.365 -0.077
202303 -0.012 127.042 -0.012
202306 -0.036 129.407 -0.037
202309 -0.025 130.224 -0.025
202312 -0.023 131.912 -0.023
202403 0.083 132.205 0.083

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.


Minesto AB  (OSTO:MINEST) 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.


Minesto AB Cyclically Adjusted Price-to-FCF Related Terms

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


Minesto AB (OSTO:MINEST) Business Description

Traded in Other Exchanges
Address
Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.

Minesto AB (OSTO:MINEST) Headlines

No Headlines