GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (FRA:9MF) » Definitions » Cyclically Adjusted FCF per Share

MTY Food Group (FRA:9MF) Cyclically Adjusted FCF per Share : €3.61 (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group 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.

MTY Food Group's adjusted free cash flow per share for the three months ended in Feb. 2024 was €1.322. 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 €3.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, MTY Food Group's average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% 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 MTY Food Group was 28.90% per year. The lowest was 17.70% per year. And the median was 21.35% per year.

As of today (2024-05-22), MTY Food Group's current stock price is €30.35. MTY Food Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €3.61. MTY Food Group's Cyclically Adjusted Price-to-FCF of today is 8.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MTY Food Group was 44.81. The lowest was 6.77. And the median was 26.92.


MTY Food Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group Cyclically Adjusted FCF per Share Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.84 2.69 3.24 3.49

MTY Food Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.24 3.37 3.44 3.49 3.61

Competitive Comparison of MTY Food Group's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, MTY Food Group'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.


MTY Food Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MTY Food Group 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, MTY Food Group's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.322/125.4675*125.4675
=1.322

Current CPI (Feb. 2024) = 125.4675.

MTY Food Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.209 99.394 0.264
201408 0.279 99.315 0.352
201411 0.357 99.078 0.452
201502 0.257 99.078 0.325
201505 0.416 100.263 0.521
201508 0.619 100.579 0.772
201511 0.460 100.421 0.575
201602 0.298 100.421 0.372
201605 0.403 101.765 0.497
201608 0.476 101.686 0.587
201611 0.477 101.607 0.589
201702 0.531 102.476 0.650
201705 0.847 103.108 1.031
201708 0.745 103.108 0.907
201711 0.733 103.740 0.887
201802 0.406 104.688 0.487
201805 0.615 105.399 0.732
201808 0.699 106.031 0.827
201811 0.698 105.478 0.830
201902 0.654 106.268 0.772
201905 0.518 107.927 0.602
201908 0.697 108.085 0.809
201911 0.962 107.769 1.120
202002 0.809 108.559 0.935
202005 0.485 107.532 0.566
202008 0.951 108.243 1.102
202011 1.146 108.796 1.322
202102 0.792 109.745 0.905
202105 0.744 111.404 0.838
202108 2.786 112.668 3.103
202111 2.379 113.932 2.620
202202 1.017 115.986 1.100
202205 0.759 120.016 0.793
202208 1.258 120.569 1.309
202211 1.024 121.675 1.056
202302 0.721 122.070 0.741
202305 1.248 124.045 1.262
202308 1.197 125.389 1.198
202311 1.152 125.468 1.152
202402 1.322 125.468 1.322

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


MTY Food Group  (FRA:9MF) 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.

MTY Food Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=30.35/3.61
=8.41

* 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 MTY Food Group was 44.81. The lowest was 6.77. And the median was 26.92.


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.


MTY Food Group Cyclically Adjusted FCF per Share Related Terms

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


MTY Food Group (FRA:9MF) Business Description

Industry
Traded in Other Exchanges
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (FRA:9MF) Headlines

No Headlines