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MM Conferences (WAR:MMC) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is MM Conferences Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MM Conferences Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MM Conferences'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.

MM Conferences Cyclically Adjusted Price-to-FCF Chart

MM Conferences Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 211.89 1,506.02

MM Conferences Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,506.02 360.56 108.57 1,067.29 -

Competitive Comparison of MM Conferences's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, MM Conferences'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.


MM Conferences's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MM Conferences's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MM Conferences 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.

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

For example, MM Conferences'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)
=-0.812/149.0435*149.0435
=-0.812

Current CPI (Mar. 2024) = 149.0435.

MM Conferences Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.307 101.262 -0.452
201406 0.380 101.180 0.560
201409 -0.283 100.611 -0.419
201412 0.773 100.122 1.151
201503 -0.246 100.041 -0.366
201506 0.528 100.448 0.783
201509 -0.228 99.634 -0.341
201512 0.637 99.471 0.954
201603 0.096 98.983 0.145
201606 0.040 99.552 0.060
201609 -0.683 99.064 -1.028
201612 0.398 100.366 0.591
201703 -0.194 101.018 -0.286
201706 0.092 101.180 0.136
201709 -0.062 101.343 -0.091
201712 0.064 102.564 0.093
201803 -0.359 102.564 -0.522
201806 0.134 103.378 0.193
201809 -0.254 103.378 -0.366
201812 0.215 103.785 0.309
201903 -0.116 104.274 -0.166
201906 0.558 105.983 0.785
201909 -0.442 105.983 -0.622
201912 0.536 107.123 0.746
202003 -0.123 109.076 -0.168
202006 -0.585 109.402 -0.797
202009 -0.240 109.320 -0.327
202012 0.431 109.565 0.586
202103 -1.255 112.658 -1.660
202106 0.435 113.960 0.569
202109 -0.379 115.588 -0.489
202112 0.869 119.088 1.088
202203 -0.598 125.031 -0.713
202206 0.021 131.705 0.024
202209 -0.196 135.531 -0.216
202212 0.299 139.113 0.320
202303 0.164 145.950 0.167
202306 0.617 147.009 0.626
202309 -0.694 146.113 -0.708
202403 -0.812 149.044 -0.812

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.


MM Conferences  (WAR:MMC) 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.


MM Conferences Cyclically Adjusted Price-to-FCF Related Terms

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


MM Conferences (WAR:MMC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ulica Dluga 44/50, Warsaw, POL, 00-241
MM Conferences is the independent organizer of business meetings in Poland. The company is engaged in organizing conferences for the managerial staff of the highest level from various disciplines which include banking, management, marketing, IT, finance etc.

MM Conferences (WAR:MMC) Headlines