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Menora Mivtachim Holdings (XTAE:MMHD) Cyclically Adjusted FCF per Share : ₪6.68 (As of Dec. 2024)


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What is Menora Mivtachim Holdings 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.

Menora Mivtachim Holdings's adjusted free cash flow per share for the three months ended in Dec. 2024 was ₪15.455. 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 ₪6.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Menora Mivtachim Holdings's average Cyclically Adjusted FCF Growth Rate was 22.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.50% 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 Menora Mivtachim Holdings was -10.50% per year. The lowest was -12.10% per year. And the median was -11.30% per year.

As of today (2025-05-29), Menora Mivtachim Holdings's current stock price is ₪205.20. Menora Mivtachim Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was ₪6.68. Menora Mivtachim Holdings's Cyclically Adjusted Price-to-FCF of today is 30.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Menora Mivtachim Holdings was 29.19. The lowest was 5.07. And the median was 10.82.


Menora Mivtachim Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Menora Mivtachim Holdings'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.

Menora Mivtachim Holdings Cyclically Adjusted FCF per Share Chart

Menora Mivtachim Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.01 9.31 7.51 5.44 6.68

Menora Mivtachim Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.44 6.51 6.93 5.71 6.68

Competitive Comparison of Menora Mivtachim Holdings's Cyclically Adjusted FCF per Share

For the Insurance - Life subindustry, Menora Mivtachim Holdings'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.


Menora Mivtachim Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Menora Mivtachim Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Menora Mivtachim Holdings's Cyclically Adjusted Price-to-FCF falls into.


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Menora Mivtachim Holdings 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, Menora Mivtachim Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=15.455/133.1571*133.1571
=15.455

Current CPI (Dec. 2024) = 133.1571.

Menora Mivtachim Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 5.917 99.621 7.909
201506 -0.430 100.684 -0.569
201509 -4.742 100.392 -6.290
201512 -2.943 99.792 -3.927
201603 10.048 100.470 13.317
201606 -3.235 101.688 -4.236
201609 16.109 101.861 21.058
201612 -5.546 101.863 -7.250
201703 1.146 102.862 1.484
201706 -2.315 103.349 -2.983
201709 0.493 104.136 0.630
201712 6.566 104.011 8.406
201803 -3.886 105.290 -4.915
201806 -6.376 106.317 -7.986
201809 7.804 106.507 9.757
201812 -9.578 105.998 -12.032
201903 9.118 107.251 11.320
201906 2.768 108.070 3.411
201909 -0.702 108.329 -0.863
201912 -5.319 108.420 -6.533
202003 -3.351 108.902 -4.097
202006 13.246 108.767 16.216
202009 5.414 109.815 6.565
202012 10.873 109.897 13.174
202103 1.081 111.754 1.288
202106 2.714 114.631 3.153
202109 4.312 115.734 4.961
202112 7.625 117.630 8.632
202203 -10.593 121.301 -11.628
202206 -13.505 125.017 -14.384
202209 -4.550 125.227 -4.838
202212 15.009 125.222 15.960
202303 -5.464 127.348 -5.713
202306 -1.681 128.729 -1.739
202309 -12.520 129.860 -12.838
202312 10.383 129.419 10.683
202403 10.538 131.776 10.648
202406 2.378 132.554 2.389
202409 -6.823 133.029 -6.830
202412 15.455 133.157 15.455

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


Menora Mivtachim Holdings  (XTAE:MMHD) 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.

Menora Mivtachim Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=205.20/6.68
=30.72

* 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 Menora Mivtachim Holdings was 29.19. The lowest was 5.07. And the median was 10.82.


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.


Menora Mivtachim Holdings Cyclically Adjusted FCF per Share Related Terms

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


Menora Mivtachim Holdings Business Description

Traded in Other Exchanges
N/A
Address
Menorah House, 115 Allenby Street, Tel Aviv, ISR, 61008
Menora Mivtachim Holdings Ltd is a diversified insurance and finance group that operates in Israel. The company specializes in asset management and diversified insurance services, including general, life, and health insurance. Menora is also active within the capital market in a variety of fields, including corporate finance, investment banking, structured finance, and more. The company offers a broad variety of mutual funds that invest in various avenues in Israel and around the world, while also managing pension products and provident funds. The company's operating segments such as Life insurance and long-term savings, focusing on policies, pension, and provident funds for death and disability risks, Health insurance segment and Property and casualty insurance segment.

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