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Meta Platforms (XSGO:METACL) Cyclically Adjusted FCF per Share : CLP9.48 (As of Jun. 2024)


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What is Meta Platforms 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.

Meta Platforms's adjusted free cash flow per share for the three months ended in Jun. 2024 was CLP3,744.989. 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 CLP9.48 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Meta Platforms's average Cyclically Adjusted FCF Growth Rate was 26.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 29.00% 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 Meta Platforms was 29.00% per year. The lowest was 29.00% per year. And the median was 29.00% per year.

As of today (2024-09-22), Meta Platforms's current stock price is CLP518.96. Meta Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was CLP9.48. Meta Platforms's Cyclically Adjusted Price-to-FCF of today is 54.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Meta Platforms was 82.15. The lowest was 14.25. And the median was 48.68.


Meta Platforms Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted FCF per Share Chart

Meta Platforms 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 - - - - 8.32

Meta Platforms Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.39 8.10 8.32 9.00 9.48

Competitive Comparison of Meta Platforms's Cyclically Adjusted FCF per Share

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Meta Platforms 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, Meta Platforms's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3744.989/132.5538*132.5538
=3,744.989

Current CPI (Jun. 2024) = 132.5538.

Meta Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 174.308 100.428 230.068
201412 634.851 99.070 849.421
201503 264.806 99.621 352.345
201506 296.360 100.684 390.168
201509 347.540 100.392 458.881
201512 951.012 99.792 1,263.225
201603 544.960 100.470 718.983
201606 604.648 101.688 788.179
201609 661.329 101.861 860.601
201612 829.243 101.863 1,079.093
201703 852.409 102.862 1,098.460
201706 880.085 103.349 1,128.782
201709 941.918 104.136 1,198.964
201712 1,123.265 104.011 1,431.511
201803 1,037.471 105.290 1,306.120
201806 627.605 106.317 782.486
201809 943.767 106.507 1,174.573
201812 798.203 105.998 998.179
201903 1,298.795 107.251 1,605.216
201906 1,178.345 108.070 1,445.312
201909 1,458.177 108.329 1,784.252
201912 1,288.795 108.420 1,575.673
202003 2,196.308 108.902 2,673.324
202006 176.372 108.767 214.943
202009 1,666.062 109.815 2,011.046
202012 2,355.121 109.897 2,840.667
202103 2,016.732 111.754 2,392.080
202106 2,199.451 114.631 2,543.331
202109 2,738.783 115.734 3,136.806
202112 3,919.102 117.630 4,416.340
202203 2,478.894 121.301 2,708.855
202206 1,567.984 125.017 1,662.514
202209 113.964 125.227 120.632
202212 1,786.289 125.222 1,890.880
202303 2,181.576 127.348 2,270.759
202306 3,434.130 128.729 3,536.173
202309 4,724.083 129.860 4,822.097
202312 3,871.386 129.419 3,965.147
202403 4,271.968 131.776 4,297.177
202406 3,744.989 132.554 3,744.989

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


Meta Platforms  (XSGO:METACL) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=518.96/9.48
=54.74

* 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 Meta Platforms was 82.15. The lowest was 14.25. And the median was 48.68.


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.


Meta Platforms Cyclically Adjusted FCF per Share Related Terms

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


Meta Platforms Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms Headlines

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