GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A. P. Moller Maersk A/S (WBO:MRSA) » Definitions » Cyclically Adjusted FCF per Share

A. P. Moller Maersk A/S (WBO:MRSA) Cyclically Adjusted FCF per Share : €210.73 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is A. P. Moller Maersk A/S 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.

A. P. Moller Maersk A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was €22.241. 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 €210.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, A. P. Moller Maersk A/S's average Cyclically Adjusted FCF Growth Rate was 2.60% 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.

As of today (2024-06-13), A. P. Moller Maersk A/S's current stock price is €1489.00. A. P. Moller Maersk A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €210.73. A. P. Moller Maersk A/S's Cyclically Adjusted Price-to-FCF of today is 7.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of A. P. Moller Maersk A/S was 1071.23. The lowest was 5.54. And the median was 12.06.


A. P. Moller Maersk A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S Cyclically Adjusted FCF per Share Chart

A. P. Moller Maersk A/S 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 - -59.87 21.38 186.74 203.61

A. P. Moller Maersk A/S 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 205.85 214.75 214.27 203.61 210.73

Competitive Comparison of A. P. Moller Maersk A/S's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Cyclically Adjusted Price-to-FCF falls into.



A. P. Moller Maersk A/S 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, A. P. Moller Maersk A/S'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)
=22.241/118.4000*118.4000
=22.241

Current CPI (Mar. 2024) = 118.4000.

A. P. Moller Maersk A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.305 99.700 -6.300
201409 0.852 99.700 1.012
201412 18.535 99.400 22.078
201503 -1.505 100.200 -1.778
201506 -4.738 100.300 -5.593
201509 25.661 100.200 30.322
201512 15.128 99.800 17.947
201603 -46.900 100.200 -55.419
201606 -6.961 100.600 -8.193
201609 19.975 100.200 23.603
201612 3.019 100.300 3.564
201703 -10.624 101.200 -12.430
201706 2.108 101.200 2.466
201709 -14.082 101.800 -16.378
201712 1.839 101.300 2.149
201803 -35.644 101.700 -41.497
201806 -1,141.333 102.300 -1,320.956
201809 28.357 102.400 32.788
201812 29.342 102.100 34.026
201903 30.009 102.900 34.529
201906 31.853 102.900 36.651
201909 59.821 102.900 68.832
201912 47.743 102.900 54.935
202003 41.621 103.300 47.705
202006 65.728 103.200 75.409
202009 83.348 103.500 95.347
202012 91.718 103.400 105.023
202103 134.379 104.300 152.545
202106 158.985 105.000 179.275
202109 267.453 105.800 299.305
202112 291.679 106.600 323.966
202203 334.025 109.900 359.860
202206 388.382 113.600 404.793
202209 472.980 116.400 481.107
202212 386.803 115.900 395.146
202303 240.853 117.300 243.112
202306 109.071 116.400 110.945
202309 31.557 117.400 31.826
202312 -61.096 116.700 -61.986
202403 22.241 118.400 22.241

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


A. P. Moller Maersk A/S  (WBO:MRSA) 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.

A. P. Moller Maersk A/S's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1489.00/210.73
=7.07

* 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 A. P. Moller Maersk A/S was 1071.23. The lowest was 5.54. And the median was 12.06.


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.


A. P. Moller Maersk A/S Cyclically Adjusted FCF per Share Related Terms

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


A. P. Moller Maersk A/S (WBO:MRSA) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (WBO:MRSA) Headlines

No Headlines