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MKS (MEX:MKSI) Cyclically Adjusted FCF per Share : MXN130.75 (As of Mar. 2025)


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What is MKS 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.

MKS's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN37.169. 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 MXN130.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, MKS's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% 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 MKS was 23.30% per year. The lowest was 7.30% per year. And the median was 15.35% per year.

As of today (2025-05-24), MKS's current stock price is MXN1520.00. MKS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN130.75. MKS's Cyclically Adjusted Price-to-FCF of today is 11.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MKS was 50.55. The lowest was 9.19. And the median was 25.03.


MKS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MKS'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.

MKS Cyclically Adjusted FCF per Share Chart

MKS 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 72.61 95.48 100.86 102.09 122.35

MKS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 84.82 99.52 134.17 122.35 130.75

Competitive Comparison of MKS's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, MKS'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.


MKS's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MKS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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MKS 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, MKS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=37.169/134.9266*134.9266
=37.169

Current CPI (Mar. 2025) = 134.9266.

MKS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 10.470 100.684 14.031
201509 10.686 100.392 14.362
201512 12.568 99.792 16.993
201603 6.757 100.470 9.074
201606 8.071 101.688 10.709
201609 25.244 101.861 33.439
201612 17.228 101.863 22.820
201703 21.227 102.862 27.844
201706 34.106 103.349 44.527
201709 29.921 104.136 38.768
201712 23.949 104.011 31.067
201803 20.823 105.290 26.684
201806 34.548 106.317 43.845
201809 27.533 106.507 34.880
201812 39.446 105.998 50.212
201903 5.168 107.251 6.502
201906 22.242 108.070 27.770
201909 15.807 108.329 19.688
201912 19.793 108.420 24.632
202003 27.568 108.902 34.156
202006 49.295 108.767 61.151
202009 49.087 109.815 60.312
202012 43.849 109.897 53.836
202103 36.764 111.754 44.387
202106 53.249 114.631 62.677
202109 49.098 115.734 57.240
202112 62.978 117.630 72.239
202203 7.850 121.301 8.732
202206 14.782 125.017 15.954
202209 56.954 125.227 61.366
202212 37.649 125.222 40.567
202303 5.405 127.348 5.727
202306 -19.762 128.729 -20.713
202309 36.863 129.860 38.301
202312 37.354 129.419 38.944
202403 12.066 131.776 12.354
202406 25.784 132.554 26.246
202409 41.070 133.029 41.656
202412 38.394 133.157 38.904
202503 37.169 134.927 37.169

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


MKS  (MEX:MKSI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1520.00/130.75
=11.63

* 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 MKS was 50.55. The lowest was 9.19. And the median was 25.03.


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.


MKS Cyclically Adjusted FCF per Share Related Terms

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


MKS Business Description

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Address
2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductors, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes the majority of the company's revenue.