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Mangels Industrial (BSP:MGEL4) Cyclically Adjusted FCF per Share : R$1.04 (As of Dec. 2024)


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What is Mangels Industrial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Mangels Industrial's adjusted free cash flow per share for the three months ended in Dec. 2024 was R$13.283. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$1.04 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Mangels Industrial's average Cyclically Adjusted FCF Growth Rate was 34.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mangels Industrial was 30.00% per year. The lowest was 0.50% per year. And the median was 12.55% per year.

As of today (2025-06-26), Mangels Industrial's current stock price is R$4.27. Mangels Industrial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was R$1.04. Mangels Industrial's Cyclically Adjusted Price-to-FCF of today is 4.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mangels Industrial was 55.15. The lowest was 7.67. And the median was 18.25.


Mangels Industrial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mangels Industrial's Cyclically Adjusted FCF per Share 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.

Mangels Industrial Cyclically Adjusted FCF per Share Chart

Mangels Industrial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.92 0.69 1.29 1.04

Mangels Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted FCF per Share 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 1.29 1.67 1.48 1.25 1.04

Competitive Comparison of Mangels Industrial's Cyclically Adjusted FCF per Share

For the Steel subindustry, Mangels Industrial'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.


Mangels Industrial's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangels Industrial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Mangels Industrial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mangels Industrial's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=13.283/164.7402*164.7402
=13.283

Current CPI (Dec. 2024) = 164.7402.

Mangels Industrial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.673 97.799 -1.134
201506 -0.440 100.006 -0.725
201509 1.428 101.392 2.320
201512 -0.491 104.247 -0.776
201603 0.483 106.979 0.744
201606 -0.283 108.851 -0.428
201609 3.660 109.986 5.482
201612 -2.160 110.802 -3.211
201703 1.974 111.869 2.907
201706 3.256 112.115 4.784
201709 0.975 112.777 1.424
201712 -2.007 114.068 -2.899
201803 -0.056 114.868 -0.080
201806 0.975 117.038 1.372
201809 3.019 117.881 4.219
201812 -3.826 118.340 -5.326
201903 -4.015 120.124 -5.506
201906 2.944 120.977 4.009
201909 2.473 121.292 3.359
201912 2.393 123.436 3.194
202003 2.979 124.092 3.955
202006 1.824 123.557 2.432
202009 7.709 125.095 10.152
202012 -7.955 129.012 -10.158
202103 3.742 131.660 4.682
202106 1.454 133.871 1.789
202109 2.352 137.913 2.810
202112 2.451 141.992 2.844
202203 -1.933 146.537 -2.173
202206 -0.472 149.784 -0.519
202209 12.032 147.800 13.411
202212 10.268 150.207 11.261
202303 5.851 153.352 6.285
202306 6.042 154.519 6.442
202309 9.768 155.464 10.351
202312 -4.337 157.148 -4.547
202403 0.626 159.372 0.647
202406 10.121 161.052 10.353
202409 0.764 162.342 0.775
202412 13.283 164.740 13.283

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mangels Industrial  (BSP:MGEL4) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Mangels Industrial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.27/1.04
=4.11

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mangels Industrial was 55.15. The lowest was 7.67. And the median was 18.25.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mangels Industrial Cyclically Adjusted FCF per Share Related Terms

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


Mangels Industrial Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

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