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Marine Products (Marine Products) Cyclically Adjusted Price-to-FCF : 14.56 (As of Apr. 27, 2024)


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What is Marine Products Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Marine Products's current share price is $11.50. Marine Products's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.79. Marine Products's Cyclically Adjusted Price-to-FCF for today is 14.56.

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

MPX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.59   Med: 27.43   Max: 83.75
Current: 14.56

During the past years, Marine Products's highest Cyclically Adjusted Price-to-FCF was 83.75. The lowest was 12.59. And the median was 27.43.

MPX's Cyclically Adjusted Price-to-FCF is ranked better than
65.28% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs MPX: 14.56

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.

Marine Products's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.443. 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 $0.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marine Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marine Products'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.

Marine Products Cyclically Adjusted Price-to-FCF Chart

Marine Products 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 32.63 29.31 24.08 17.70 14.43

Marine Products 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 17.70 18.12 22.05 18.90 14.43

Competitive Comparison of Marine Products's Cyclically Adjusted Price-to-FCF

For the Recreational Vehicles subindustry, Marine Products'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.


Marine Products's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Marine Products 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.50/0.79
=14.56

* 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.

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

For example, Marine Products'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)
=0.443/129.4194*129.4194
=0.443

Current CPI (Dec. 2023) = 129.4194.

Marine Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.248 99.695 0.322
201406 -0.014 100.560 -0.018
201409 0.111 100.428 0.143
201412 -0.081 99.070 -0.106
201503 0.137 99.621 0.178
201506 0.131 100.684 0.168
201509 0.008 100.392 0.010
201512 0.063 99.792 0.082
201603 0.247 100.470 0.318
201606 0.026 101.688 0.033
201609 0.054 101.861 0.069
201612 0.044 101.863 0.056
201703 0.288 102.862 0.362
201706 0.213 103.349 0.267
201709 -0.001 104.136 -0.001
201712 0.272 104.011 0.338
201803 0.214 105.290 0.263
201806 0.303 106.317 0.369
201809 -0.033 106.507 -0.040
201812 0.116 105.998 0.142
201903 0.328 107.251 0.396
201906 -0.009 108.070 -0.011
201909 0.465 108.329 0.556
201912 0.167 108.420 0.199
202003 0.162 108.902 0.193
202006 0.155 108.767 0.184
202009 0.317 109.815 0.374
202012 0.199 109.897 0.234
202103 0.237 111.754 0.274
202106 -0.070 114.631 -0.079
202109 -0.447 115.734 -0.500
202112 0.257 117.630 0.283
202203 0.129 121.301 0.138
202206 0.352 125.017 0.364
202209 0.281 125.227 0.290
202212 0.630 125.222 0.651
202303 0.750 127.348 0.762
202306 0.245 128.729 0.246
202309 -0.054 129.860 -0.054
202312 0.443 129.419 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.


Marine Products  (NYSE:MPX) 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.


Marine Products Cyclically Adjusted Price-to-FCF Related Terms

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


Marine Products (Marine Products) Business Description

Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
Executives
Gary W. Rollins Voting Trust U/a Dated September 14, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Lor Inc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson director 2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Ben M Palmer officer: VP, CFO and Treasurer C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Susan R. Bell director 852 CASTLE FALLS DR., ATLANTA GA 30329
Patrick J. Gunning director 1958 CALDER COURT, DUNWOODY GA 30338
Harry J Cynkus director 2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
2007 Gwr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
1997 Rrr Grandchildren's Partnership 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rft Investment Company, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Rctlor, Llc 10 percent owner C/O RFA MANAGEMENT COMPANY, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329