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Matrix Service Co (STU:MX2) Cyclically Adjusted FCF per Share : €0.53 (As of Mar. 2024)


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What is Matrix Service Co 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.

Matrix Service Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.671. 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 €0.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Matrix Service Co's average Cyclically Adjusted FCF Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% 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 Matrix Service Co was 70.20% per year. The lowest was -18.60% per year. And the median was 5.55% per year.

As of today (2024-05-28), Matrix Service Co's current stock price is €10.20. Matrix Service Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.53. Matrix Service Co's Cyclically Adjusted Price-to-FCF of today is 19.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Matrix Service Co was 105.49. The lowest was 5.82. And the median was 25.21.


Matrix Service Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Matrix Service Co'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.

Matrix Service Co Cyclically Adjusted FCF per Share Chart

Matrix Service Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 1.30 0.62 0.61 0.43

Matrix Service Co 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 0.49 0.43 0.31 0.29 0.53

Competitive Comparison of Matrix Service Co's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Matrix Service Co'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.


Matrix Service Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Service Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Matrix Service Co 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, Matrix Service Co'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)
=0.671/131.7762*131.7762
=0.671

Current CPI (Mar. 2024) = 131.7762.

Matrix Service Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.382 100.560 1.811
201409 0.042 100.428 0.055
201412 -0.113 99.070 -0.150
201503 0.977 99.621 1.292
201506 -0.506 100.684 -0.662
201509 -0.605 100.392 -0.794
201512 0.692 99.792 0.914
201603 0.353 100.470 0.463
201606 0.227 101.688 0.294
201609 -1.710 101.861 -2.212
201612 0.576 101.863 0.745
201703 0.036 102.862 0.046
201706 0.115 103.349 0.147
201709 0.155 104.136 0.196
201712 0.642 104.011 0.813
201803 0.430 105.290 0.538
201806 0.836 106.317 1.036
201809 0.197 106.507 0.244
201812 0.035 105.998 0.044
201903 -0.719 107.251 -0.883
201906 1.176 108.070 1.434
201909 1.561 108.329 1.899
201912 -0.778 108.420 -0.946
202003 -0.352 108.902 -0.426
202006 0.398 108.767 0.482
202009 -0.575 109.815 -0.690
202012 0.638 109.897 0.765
202103 -0.629 111.754 -0.742
202106 0.306 114.631 0.352
202109 -0.619 115.734 -0.705
202112 0.999 117.630 1.119
202203 -1.175 121.301 -1.276
202206 -1.190 125.017 -1.254
202209 -1.384 125.227 -1.456
202212 0.573 125.222 0.603
202303 0.574 127.348 0.594
202306 0.172 128.729 0.176
202309 -1.014 129.860 -1.029
202312 0.979 129.419 0.997
202403 0.671 131.776 0.671

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


Matrix Service Co  (STU:MX2) 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.

Matrix Service Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.20/0.53
=19.25

* 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 Matrix Service Co was 105.49. The lowest was 5.82. And the median was 25.21.


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.


Matrix Service Co Cyclically Adjusted FCF per Share Related Terms

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


Matrix Service Co (STU:MX2) Business Description

Industry
Traded in Other Exchanges
Address
15 East, 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities and Storage and Terminal Solutions.

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