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Monbat AD (XBUL:MONB) Cyclically Adjusted Price-to-FCF : 17.00 (As of May. 28, 2024)


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What is Monbat AD Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Monbat AD's current share price is лв3.06. Monbat AD's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was лв0.18. Monbat AD's Cyclically Adjusted Price-to-FCF for today is 17.00.

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

XBUL:MONB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.09   Med: 32.54   Max: 71.67
Current: 17.09

During the past years, Monbat AD's highest Cyclically Adjusted Price-to-FCF was 71.67. The lowest was 17.09. And the median was 32.54.

XBUL:MONB's Cyclically Adjusted Price-to-FCF is ranked better than
77.31% of 1018 companies
in the Industrial Products industry
Industry Median: 33.49 vs XBUL:MONB: 17.09

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.

Monbat AD's adjusted free cash flow per share data for the three months ended in Sep. 2023 was лв0.361. 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 лв0.18 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monbat AD Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monbat AD'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.

Monbat AD Cyclically Adjusted Price-to-FCF Chart

Monbat AD 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 - - - 50.60 25.63

Monbat AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 38.22 25.63 24.86 29.39 23.70

Competitive Comparison of Monbat AD's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Monbat AD'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.


Monbat AD's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Monbat AD's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Monbat AD 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.

Monbat AD's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.06/0.18
=17.00

* 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.

Monbat AD's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Monbat AD's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.361/129.8595*129.8595
=0.361

Current CPI (Sep. 2023) = 129.8595.

Monbat AD Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.054 98.790 -0.071
201312 0.177 98.326 0.234
201403 0.065 99.695 0.085
201406 0.088 100.560 0.114
201409 0.120 100.428 0.155
201412 0.046 99.070 0.060
201503 0.412 99.621 0.537
201509 0.000 100.392 0.000
201512 -0.011 99.792 -0.014
201603 -0.321 100.470 -0.415
201606 -0.425 101.688 -0.543
201609 -0.319 101.861 -0.407
201612 0.018 101.863 0.023
201703 0.195 102.862 0.246
201706 0.296 103.349 0.372
201709 -0.142 104.136 -0.177
201712 0.056 104.011 0.070
201803 0.127 105.290 0.157
201806 -0.043 106.317 -0.053
201809 -0.151 106.507 -0.184
201812 -0.229 105.998 -0.281
201903 0.245 107.251 0.297
201906 -0.102 108.070 -0.123
201909 0.013 108.329 0.016
201912 -0.369 108.420 -0.442
202003 0.072 108.902 0.086
202006 0.192 108.767 0.229
202009 -0.058 109.815 -0.069
202012 0.408 109.897 0.482
202103 -0.076 111.754 -0.088
202106 0.377 114.631 0.427
202109 -0.143 115.734 -0.160
202112 0.243 117.630 0.268
202203 0.260 121.301 0.278
202206 0.065 125.017 0.068
202209 -0.106 125.227 -0.110
202212 0.430 125.222 0.446
202303 -0.032 127.348 -0.033
202306 -0.072 128.729 -0.073
202309 0.361 129.860 0.361

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.


Monbat AD  (XBUL:MONB) 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.


Monbat AD Cyclically Adjusted Price-to-FCF Related Terms

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


Monbat AD (XBUL:MONB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407
Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.

Monbat AD (XBUL:MONB) Headlines

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