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Mitchell Communication Group Limited (ASX:MCU) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Mitchell Communication Group Limited Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitchell Communication Group Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitchell Communication Group Limited's Cyclically Adjusted Price-to-FCF 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.

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Mitchell Communication Group Limited Cyclically Adjusted Price-to-FCF Chart

Mitchell Communication Group Limited Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
Cyclically Adjusted Price-to-FCF
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Mitchell Communication Group Limited Quarterly Data
Cyclically Adjusted Price-to-FCF

Competitive Comparison of Mitchell Communication Group Limited's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Mitchell Communication Group Limited'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.


Mitchell Communication Group Limited's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mitchell Communication Group Limited's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitchell Communication Group Limited's Cyclically Adjusted Price-to-FCF falls into.



Mitchell Communication Group Limited Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Mitchell Communication Group Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun10 is calculated as:

For example, Mitchell Communication Group Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun10 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun10 (Change)*Current CPI (Jun10)
=0.178/88.9714*88.9714
=0.178

Current CPI (Jun10) = 88.9714.

Mitchell Communication Group Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200106 -0.015 69.190 -0.019
200206 -0.003 71.140 -0.004
200306 0.001 72.997 0.001
200406 0.004 74.855 0.005
200506 0.009 76.712 0.010
200606 0.017 79.777 0.019
200706 0.153 81.449 0.167
200806 0.079 85.071 0.083
200906 0.082 86.278 0.085
201006 0.178 88.971 0.178

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


Mitchell Communication Group Limited  (ASX:MCU) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Mitchell Communication Group Limited Cyclically Adjusted Price-to-FCF Related Terms

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Mitchell Communication Group Limited (ASX:MCU) Business Description

Traded in Other Exchanges
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Mitchell Communication Services (MCU, formerly emitch Limited) is Australia's largest independently owned communications group, a media and buying agency, in Australia and New Zealand.

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