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Mowi ASA (Mowi ASA) Cyclically Adjusted Price-to-FCF : 20.61 (As of Apr. 28, 2024)


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What is Mowi ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Mowi ASA's current share price is $16.90. Mowi ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.82. Mowi ASA's Cyclically Adjusted Price-to-FCF for today is 20.61.

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

MNHVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.95   Med: 34.02   Max: 45.18
Current: 22.96

During the past years, Mowi ASA's highest Cyclically Adjusted Price-to-FCF was 45.18. The lowest was 19.95. And the median was 34.02.

MNHVF's Cyclically Adjusted Price-to-FCF is ranked better than
52.51% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs MNHVF: 22.96

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.

Mowi ASA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.055. 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 $0.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mowi ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted Price-to-FCF Chart

Mowi ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.22 36.66 34.09 24.68 21.63

Mowi ASA 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 24.68 25.62 21.89 23.72 21.63

Competitive Comparison of Mowi ASA's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mowi ASA 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.90/0.82
=20.61

* 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.

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

For example, Mowi ASA'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)
=0.055/131.9000*131.9000
=0.055

Current CPI (Dec. 2023) = 131.9000.

Mowi ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.308 97.300 0.418
201406 0.390 97.500 0.528
201409 0.122 98.500 0.163
201412 0.006 98.600 0.008
201503 0.003 99.200 0.004
201506 0.088 100.100 0.116
201509 0.050 100.600 0.066
201512 -0.095 100.900 -0.124
201603 0.265 102.500 0.341
201606 0.386 103.800 0.490
201609 0.290 104.200 0.367
201612 0.219 104.400 0.277
201703 0.452 105.000 0.568
201706 0.220 105.800 0.274
201709 0.182 105.900 0.227
201712 0.033 106.100 0.041
201803 0.281 107.300 0.345
201806 0.100 108.500 0.122
201809 0.214 109.500 0.258
201812 0.066 109.800 0.079
201903 0.443 110.400 0.529
201906 0.179 110.600 0.213
201909 0.273 111.100 0.324
201912 0.121 111.300 0.143
202003 0.321 111.200 0.381
202006 0.099 112.100 0.116
202009 -0.084 112.900 -0.098
202012 0.067 112.900 0.078
202103 0.411 114.600 0.473
202106 0.551 115.300 0.630
202109 0.395 117.500 0.443
202112 0.042 118.900 0.047
202203 0.472 119.800 0.520
202206 0.283 122.600 0.304
202209 0.108 125.600 0.113
202212 -0.212 125.900 -0.222
202303 0.628 127.600 0.649
202306 0.277 130.400 0.280
202309 0.265 129.800 0.269
202312 0.055 131.900 0.055

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.


Mowi ASA  (OTCPK:MNHVF) 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.


Mowi ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Mowi ASA (Mowi ASA) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (Mowi ASA) Headlines

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