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MJC Investments (PHS:MJIC) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is MJC Investments Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MJC Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MJC Investments'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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MJC Investments Cyclically Adjusted Price-to-FCF Chart

MJC Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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MJC Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of MJC Investments's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, MJC Investments'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.


MJC Investments's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MJC Investments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MJC Investments 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.

MJC Investments's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, MJC Investments's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=-0.002/125.2265*125.2265
=-0.002

Current CPI (Sep. 2022) = 125.2265.

MJC Investments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201303 -0.010 98.209 -0.013
201306 -0.027 98.518 -0.034
201309 -0.079 98.790 -0.100
201312 -0.052 98.326 -0.066
201403 -0.064 99.695 -0.080
201406 -0.086 100.560 -0.107
201409 -0.105 100.428 -0.131
201412 -0.126 99.070 -0.159
201503 -0.103 99.621 -0.129
201506 -0.065 100.684 -0.081
201509 -0.198 100.392 -0.247
201512 -0.307 99.792 -0.385
201603 -0.292 100.470 -0.364
201606 -0.193 101.688 -0.238
201609 -0.093 101.861 -0.114
201612 -0.086 101.863 -0.106
201703 -0.012 102.862 -0.015
201706 -0.063 103.349 -0.076
201709 0.109 104.136 0.131
201712 -0.195 104.011 -0.235
201803 -0.047 105.290 -0.056
201806 -0.012 106.317 -0.014
201809 -0.021 106.507 -0.025
201812 0.026 105.998 0.031
201903 -0.058 107.251 -0.068
201906 -0.024 108.070 -0.028
201909 0.000 108.329 0.000
201912 0.001 108.420 0.001
202003 0.020 108.902 0.023
202006 0.002 108.767 0.002
202009 -0.013 109.815 -0.015
202012 -0.030 109.897 -0.034
202103 -0.009 111.754 -0.010
202106 -0.018 114.631 -0.020
202109 -0.007 115.734 -0.008
202112 -0.015 117.630 -0.016
202203 -0.003 121.301 -0.003
202206 -0.032 125.017 -0.032
202209 -0.002 125.227 -0.002

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.


MJC Investments  (PHS:MJIC) 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.


MJC Investments Cyclically Adjusted Price-to-FCF Related Terms

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


MJC Investments (PHS:MJIC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
MJC Drive, Winford Hotel and Casino, Santa Cruz, Manila, LAG, PHL, 1014
MJC Investments Corp is an investment holding company focusing on the tourism and entertainment industry. The company develops, owns, and operates real estate for residential, commercial, leisure and gaming purposes.

MJC Investments (PHS:MJIC) Headlines

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