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Mativ Holdings (Mativ Holdings) Cyclically Adjusted FCF per Share : $3.74 (As of Dec. 2023)


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What is Mativ Holdings 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.

Mativ Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.695. 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 $3.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mativ Holdings's average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% 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 Mativ Holdings was 43.50% per year. The lowest was -2.10% per year. And the median was 10.90% per year.

As of today (2024-05-01), Mativ Holdings's current stock price is $18.00. Mativ Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.74. Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is 4.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mativ Holdings was 46.02. The lowest was 3.08. And the median was 12.44.


Mativ Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mativ Holdings'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.

Mativ Holdings Cyclically Adjusted FCF per Share Chart

Mativ Holdings 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 3.63 3.90 4.21 4.16 3.74

Mativ Holdings 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 4.16 4.01 3.93 3.88 3.74

Competitive Comparison of Mativ Holdings's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mativ Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mativ Holdings 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, Mativ Holdings'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)
=0.695/129.4194*129.4194
=0.695

Current CPI (Dec. 2023) = 129.4194.

Mativ Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.328 99.695 0.426
201406 1.059 100.560 1.363
201409 0.761 100.428 0.981
201412 2.141 99.070 2.797
201503 0.191 99.621 0.248
201506 1.326 100.684 1.704
201509 0.638 100.392 0.822
201512 1.780 99.792 2.308
201603 0.424 100.470 0.546
201606 0.943 101.688 1.200
201609 0.729 101.861 0.926
201612 1.156 101.863 1.469
201703 0.036 102.862 0.045
201706 0.750 103.349 0.939
201709 1.282 104.136 1.593
201712 0.886 104.011 1.102
201803 0.509 105.290 0.626
201806 0.853 106.317 1.038
201809 0.993 106.507 1.207
201812 1.208 105.998 1.475
201903 0.140 107.251 0.169
201906 1.061 108.070 1.271
201909 1.881 108.329 2.247
201912 1.008 108.420 1.203
202003 -0.097 108.902 -0.115
202006 1.151 108.767 1.370
202009 1.647 109.815 1.941
202012 1.413 109.897 1.664
202103 0.163 111.754 0.189
202106 -0.092 114.631 -0.104
202109 -0.013 115.734 -0.015
202112 1.081 117.630 1.189
202203 -0.146 121.301 -0.156
202206 0.102 125.017 0.106
202209 -0.202 125.227 -0.209
202212 3.045 125.222 3.147
202303 -0.732 127.348 -0.744
202306 0.309 128.729 0.311
202309 0.467 129.860 0.465
202312 0.695 129.419 0.695

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


Mativ Holdings  (NYSE:MATV) 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.

Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.00/3.74
=4.81

* 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 Mativ Holdings was 46.02. The lowest was 3.08. And the median was 12.44.


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.


Mativ Holdings Cyclically Adjusted FCF per Share Related Terms

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


Mativ Holdings (Mativ Holdings) Business Description

Industry
Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.
Executives
Jeffrey Keenan director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, SUITE 600, ALPHARETTA GA 30022
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark W Johnson officer: CLO, GC & Secretary 1600 ROYAL STREET, JASPER IN 47546
Gregory Thomas Weitzel officer: CFO 100 NORTH POINT CENTER EAST, SUITE 600, ALPHARETTA GA 30022
Julie Schertell director, officer: President, CEO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John Rogers director ONE MIDTOWN PLAZA, 1360 PEACHTREE STREET NE, ATLANTA GA 30309
Anderson Davis Warlick director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Shruti Singhal director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Michael W Rickheim officer: CHRO and CAO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Tony R Thene director ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Cheryl Allegri officer: Controller C/O SWM, 100 NORTH POINT CENTER E, SUITE 600, ALPHARETTA GA 30022
Kimberly E Ritrievi director TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Jeffrey Kramer director, officer: Co-CEO C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Tracey Peacock officer: EVP, AMS C/O SCHWEITZER-MAUDUIT INTERNATIONAL INC, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Mark L Bye director