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Maximus (Maximus) Cyclically Adjusted Price-to-FCF : 18.32 (As of Apr. 27, 2024)


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What is Maximus Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Maximus's current share price is $80.43. Maximus's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.39. Maximus's Cyclically Adjusted Price-to-FCF for today is 18.32.

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

MMS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.8   Med: 33.02   Max: 77.44
Current: 18.34

During the past years, Maximus's highest Cyclically Adjusted Price-to-FCF was 77.44. The lowest was 13.80. And the median was 33.02.

MMS's Cyclically Adjusted Price-to-FCF is ranked worse than
51.97% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs MMS: 18.34

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.

Maximus's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.010. 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 $4.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maximus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Maximus'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.

Maximus Cyclically Adjusted Price-to-FCF Chart

Maximus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.92 24.89 23.36 14.24 16.72

Maximus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.20 18.19 19.83 16.72 19.12

Competitive Comparison of Maximus's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Maximus'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.


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

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

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



Maximus 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=80.43/4.39
=18.32

* 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.

Maximus's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec. 2023) = 129.4194.

Maximus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.371 99.695 0.482
201406 1.129 100.560 1.453
201409 0.423 100.428 0.545
201412 0.635 99.070 0.830
201503 -0.416 99.621 -0.540
201506 1.389 100.684 1.785
201509 -0.098 100.392 -0.126
201512 -0.141 99.792 -0.183
201603 0.172 100.470 0.222
201606 1.088 101.688 1.385
201609 0.899 101.861 1.142
201612 0.960 101.863 1.220
201703 0.917 102.862 1.154
201706 1.652 103.349 2.069
201709 1.197 104.136 1.488
201712 0.476 104.011 0.592
201803 1.088 105.290 1.337
201806 0.958 106.317 1.166
201809 1.890 106.507 2.297
201812 0.760 105.998 0.928
201903 0.917 107.251 1.107
201906 1.791 108.070 2.145
201909 1.005 108.329 1.201
201912 1.186 108.420 1.416
202003 0.208 108.902 0.247
202006 -0.362 108.767 -0.431
202009 2.187 109.815 2.577
202012 1.433 109.897 1.688
202103 2.682 111.754 3.106
202106 -0.666 114.631 -0.752
202109 4.256 115.734 4.759
202112 -0.148 117.630 -0.163
202203 1.574 121.301 1.679
202206 0.727 125.017 0.753
202209 1.629 125.227 1.684
202212 -2.457 125.222 -2.539
202303 4.751 127.348 4.828
202306 -0.494 128.729 -0.497
202309 1.828 129.860 1.822
202312 -0.010 129.419 -0.010

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.


Maximus  (NYSE:MMS) 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.


Maximus Cyclically Adjusted Price-to-FCF Related Terms

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


Maximus (Maximus) Business Description

Industry
Traded in Other Exchanges
Address
1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc is an operator of government health and human services programs in the United States, United Kingdom, Canada, Australia, and Saudi Arabia. The company offers business solutions to improve the cost-effectiveness, efficiency, and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Health Insurance BC, and child support programmes. Most of its revenue is derived from long-term contractual arrangements with governments around the world. The company generates maximum revenue from the U.S. Federal Services segment.
Executives
Teresa Weipert officer: General Mgr US Federal Segment 1891 METRO CENTER DRIVE, RESTON VA 20190
Ilene R. Baylinson officer: Group General Manager 1891 METRO CENTER DRIVE, RESTON VA 20190
Michelle F. Link officer: Chief Human Resources Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
Gayathri Rajan director 1891 METRO CENTER DRIVE, RESTON X1 20190
David Mutryn officer: Chief Financial Officer 1891 METRO CENTER DRIVE, RESTON VA 20190
Theresa D Golinvaux officer: Principal Accounting Officer 9300 LEE HIGHWAY, FAIRFAX VA 20131
John Thomas Martinez officer: Secretary and General Counsel 1600 TYSONS BLVD, #1400, MCLEAN VA 22102
Michael J. Warren director C/O WALKER & DUNLOP, INC., 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Bruce Caswell other: Group President - Human Svcs 11419 SUNSET HILLS ROAD, RESTON VA 20190-5207
Raymond B Ruddy director C/O MAXIMUS INC, 11419 SUNSET HILLS ROAD, RESTON VA 20190
David Francis officer: General Counsel C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
John J Haley director 901 N GLEBE ROAD, ARLINGTON VA 22203
Richard A Montoni director, officer: CEO and Director C/O MAXIMUS INC, 11419 SUNSET HILLS RD, RESTON VA 20190
Richard John Nadeau officer: Chief Financial Officer 1300 WILSON BLVD., SUITE 400, ARLINGTON VA 22209
Peter Pond director