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Mettler-Toledo International (MEX:MTD) Cyclically Adjusted FCF per Share : MXN437.96 (As of Mar. 2024)


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What is Mettler-Toledo International 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.

Mettler-Toledo International's adjusted free cash flow per share for the three months ended in Mar. 2024 was MXN132.964. 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 MXN437.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mettler-Toledo International's average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% 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 Mettler-Toledo International was 21.00% per year. The lowest was 13.00% per year. And the median was 13.95% per year.

As of today (2024-06-24), Mettler-Toledo International's current stock price is MXN27245.11. Mettler-Toledo International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN437.96. Mettler-Toledo International's Cyclically Adjusted Price-to-FCF of today is 62.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mettler-Toledo International was 97.67. The lowest was 39.07. And the median was 58.35.


Mettler-Toledo International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Cyclically Adjusted FCF per Share Chart

Mettler-Toledo International 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 226.31 291.58 339.38 378.95 403.93

Mettler-Toledo International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 401.46 423.20 447.43 403.93 437.96

Competitive Comparison of Mettler-Toledo International's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Mettler-Toledo International'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.


Mettler-Toledo International's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mettler-Toledo International 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, Mettler-Toledo International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=132.964/131.7762*131.7762
=132.964

Current CPI (Mar. 2024) = 131.7762.

Mettler-Toledo International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 38.244 100.560 50.116
201409 47.013 100.428 61.688
201412 57.234 99.070 76.129
201503 21.231 99.621 28.084
201506 48.408 100.684 63.357
201509 63.238 100.392 83.008
201512 76.978 99.792 101.650
201603 17.048 100.470 22.360
201606 72.468 101.688 93.910
201609 88.131 101.861 114.014
201612 62.483 101.863 80.832
201703 32.992 102.862 42.266
201706 75.383 103.349 96.118
201709 74.900 104.136 94.781
201712 92.445 104.011 117.123
201803 32.574 105.290 40.768
201806 82.332 106.317 102.048
201809 83.460 106.507 103.262
201812 117.475 105.998 146.044
201903 58.600 107.251 72.000
201906 80.071 108.070 97.636
201909 118.189 108.329 143.770
201912 134.995 108.420 164.076
202003 44.945 108.902 54.386
202006 157.173 108.767 190.422
202009 186.703 109.815 224.041
202012 179.014 109.897 214.654
202103 115.877 111.754 136.637
202106 188.530 114.631 216.727
202109 211.715 115.734 241.061
202112 179.620 117.630 201.222
202203 61.951 121.301 67.301
202206 155.073 125.017 163.457
202209 194.486 125.227 204.658
202212 236.307 125.222 248.676
202303 105.354 127.348 109.018
202306 184.832 128.729 189.208
202309 193.669 129.860 196.528
202312 194.987 129.419 198.538
202403 132.964 131.776 132.964

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


Mettler-Toledo International  (MEX:MTD) 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.

Mettler-Toledo International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27245.11/437.96
=62.21

* 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 Mettler-Toledo International was 97.67. The lowest was 39.07. And the median was 58.35.


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.


Mettler-Toledo International Cyclically Adjusted FCF per Share Related Terms

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


Mettler-Toledo International (MEX:MTD) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.