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MRS Logistica (BSP:MRSA6B) Cyclically Adjusted FCF per Share : R$1.63 (As of Dec. 2023)


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What is MRS Logistica 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.

MRS Logistica's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-2.524. 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$1.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MRS Logistica's average Cyclically Adjusted FCF Growth Rate was 33.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% 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 MRS Logistica was 37.40% per year. The lowest was 22.70% per year. And the median was 30.05% per year.

As of today (2024-05-01), MRS Logistica's current stock price is R$25.50. MRS Logistica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.63. MRS Logistica's Cyclically Adjusted Price-to-FCF of today is 15.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MRS Logistica was 107.23. The lowest was 12.19. And the median was 30.47.


MRS Logistica Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MRS Logistica'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.

MRS Logistica Cyclically Adjusted FCF per Share Chart

MRS Logistica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.77 1.22 1.13 1.63

MRS Logistica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.13 1.30 1.31 2.10 1.63

Competitive Comparison of MRS Logistica's Cyclically Adjusted FCF per Share

For the Railroads subindustry, MRS Logistica'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.


MRS Logistica's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MRS Logistica's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MRS Logistica 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, MRS Logistica'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)
=-2.524/156.2729*156.2729
=-2.524

Current CPI (Dec. 2023) = 156.2729.

MRS Logistica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 90.447 -0.057
201406 0.026 91.838 0.044
201409 -0.141 92.602 -0.238
201412 0.000 94.194 0.000
201503 -0.028 97.799 -0.045
201506 0.022 100.006 0.034
201509 0.379 101.392 0.584
201512 0.466 104.247 0.699
201603 -0.329 106.979 -0.481
201606 0.626 108.851 0.899
201609 0.392 109.986 0.557
201612 0.404 110.802 0.570
201703 -0.204 111.869 -0.285
201706 0.460 112.115 0.641
201709 0.599 112.777 0.830
201712 0.162 114.068 0.222
201803 -0.139 114.868 -0.189
201806 0.272 117.038 0.363
201809 0.766 117.881 1.015
201812 0.329 118.340 0.434
201903 0.344 120.124 0.448
201906 0.140 120.977 0.181
201909 0.691 121.292 0.890
201912 0.083 123.436 0.105
202003 1.253 124.092 1.578
202006 0.766 123.557 0.969
202009 0.338 125.095 0.422
202012 0.965 129.012 1.169
202103 0.405 131.660 0.481
202106 0.959 133.871 1.119
202109 -0.699 137.913 -0.792
202112 -0.475 141.992 -0.523
202203 0.055 146.537 0.059
202206 0.540 149.784 0.563
202209 3.677 147.800 3.888
202212 -4.177 150.207 -4.346
202303 1.350 153.352 1.376
202306 1.406 154.519 1.422
202309 4.484 155.464 4.507
202312 -2.524 156.273 -2.524

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


MRS Logistica  (BSP:MRSA6B) 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.

MRS Logistica's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.50/1.63
=15.64

* 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 MRS Logistica was 107.23. The lowest was 12.19. And the median was 30.47.


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.


MRS Logistica Cyclically Adjusted FCF per Share Related Terms

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


MRS Logistica (BSP:MRSA6B) Business Description

Industry
Traded in Other Exchanges
Address
Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

MRS Logistica (BSP:MRSA6B) Headlines

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