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Megawide Construction (PHS:MWIDE) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Megawide Construction Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Megawide Construction Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Megawide Construction'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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Megawide Construction Cyclically Adjusted Price-to-FCF Chart

Megawide Construction Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Megawide Construction 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 Megawide Construction's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Megawide Construction'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.


Megawide Construction's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Megawide Construction's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Megawide Construction 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.

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

For example, Megawide Construction'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)
=-0.443/131.7762*131.7762
=-0.443

Current CPI (Mar. 2024) = 131.7762.

Megawide Construction Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.451 100.560 -0.591
201409 -6.231 100.428 -8.176
201412 0.067 99.070 0.089
201503 -0.141 99.621 -0.187
201506 0.382 100.684 0.500
201509 0.780 100.392 1.024
201512 -0.537 99.792 -0.709
201603 0.825 100.470 1.082
201606 -0.635 101.688 -0.823
201609 1.182 101.861 1.529
201612 -1.125 101.863 -1.455
201703 -0.586 102.862 -0.751
201706 -0.198 103.349 -0.252
201709 -0.697 104.136 -0.882
201712 -0.588 104.011 -0.745
201803 0.011 105.290 0.014
201806 -0.419 106.317 -0.519
201809 0.200 106.507 0.247
201812 -1.145 105.998 -1.423
201903 -0.709 107.251 -0.871
201906 0.385 108.070 0.469
201909 -1.204 108.329 -1.465
201912 -0.438 108.420 -0.532
202003 0.103 108.902 0.125
202006 0.742 108.767 0.899
202009 -0.580 109.815 -0.696
202012 0.219 109.897 0.263
202103 0.735 111.754 0.867
202106 0.143 114.631 0.164
202109 -0.757 115.734 -0.862
202112 -0.305 117.630 -0.342
202203 -1.014 121.301 -1.102
202206 -0.234 125.017 -0.247
202209 -1.016 125.227 -1.069
202212 -0.095 125.222 -0.100
202303 -0.319 127.348 -0.330
202306 -0.114 128.729 -0.117
202309 -1.963 129.860 -1.992
202312 0.553 129.419 0.563
202403 -0.443 131.776 -0.443

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.


Megawide Construction  (PHS:MWIDE) 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.


Megawide Construction Cyclically Adjusted Price-to-FCF Related Terms

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


Megawide Construction (PHS:MWIDE) Business Description

Traded in Other Exchanges
Address
20 N. Domingo Street, Barangay Valencia, Quezon, PHL, 1112
Megawide Construction Corp is a construction group with operations in the Philippines. The company's operating segments include Construction Operations and Landport Operations. Services offered include constructing, enlarging, repairing, or engaging in any work upon buildings, houses and condominiums, roads, plants, bridges, piers, waterworks, railroads, and other structures.

Megawide Construction (PHS:MWIDE) Headlines

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