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MISC Bhd (MISC Bhd) Cyclically Adjusted FCF per Share : $0.07 (As of Mar. 2024)


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What is MISC Bhd 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.

MISC Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.006. 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 $0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MISC Bhd's average Cyclically Adjusted FCF Growth Rate was 24.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.80% 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 MISC Bhd was 17.80% per year. The lowest was 17.80% per year. And the median was 17.80% per year.

As of today (2024-06-06), MISC Bhd's current stock price is $1.45. MISC Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.07. MISC Bhd's Cyclically Adjusted Price-to-FCF of today is 20.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MISC Bhd was 38.58. The lowest was 19.69. And the median was 29.00.


MISC Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MISC Bhd'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.

MISC Bhd Cyclically Adjusted FCF per Share Chart

MISC Bhd 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 - 0.05 0.04 0.05 0.07

MISC Bhd 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 0.06 0.07 0.08 0.07 0.07

Competitive Comparison of MISC Bhd's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, MISC Bhd'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.


MISC Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



MISC Bhd 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, MISC Bhd'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)
=-0.006/131.7762*131.7762
=-0.006

Current CPI (Mar. 2024) = 131.7762.

MISC Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.022 100.560 0.029
201409 0.021 100.428 0.028
201412 0.021 99.070 0.028
201503 -0.019 99.621 -0.025
201506 0.029 100.684 0.038
201509 0.019 100.392 0.025
201512 0.018 99.792 0.024
201603 0.050 100.470 0.066
201606 0.050 101.688 0.065
201609 0.048 101.861 0.062
201612 0.006 101.863 0.008
201703 0.034 102.862 0.044
201706 0.017 103.349 0.022
201709 0.020 104.136 0.025
201712 -0.015 104.011 -0.019
201803 -0.001 105.290 -0.001
201806 0.044 106.317 0.055
201809 0.029 106.507 0.036
201812 -0.027 105.998 -0.034
201903 0.033 107.251 0.041
201906 0.052 108.070 0.063
201909 0.061 108.329 0.074
201912 0.038 108.420 0.046
202003 0.058 108.902 0.070
202006 0.022 108.767 0.027
202009 -0.034 109.815 -0.041
202012 -0.024 109.897 -0.029
202103 -0.049 111.754 -0.058
202106 -0.004 114.631 -0.005
202109 0.000 115.734 0.000
202112 0.006 117.630 0.007
202203 -0.009 121.301 -0.010
202206 -0.007 125.017 -0.007
202209 0.010 125.227 0.011
202212 0.044 125.222 0.046
202303 -0.017 127.348 -0.018
202306 0.103 128.729 0.105
202309 0.025 129.860 0.025
202312 0.042 129.419 0.043
202403 -0.006 131.776 -0.006

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


MISC Bhd  (OTCPK:MIHDF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.45/0.07
=20.71

* 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 MISC Bhd was 38.58. The lowest was 19.69. And the median was 29.00.


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.


MISC Bhd Cyclically Adjusted FCF per Share Related Terms

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


MISC Bhd (MISC Bhd) Business Description

Industry
Traded in Other Exchanges
Address
Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050
MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

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