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Metal Storm Limited (ASX:MST) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Metal Storm Limited Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metal Storm Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metal Storm 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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Metal Storm Limited Cyclically Adjusted Price-to-FCF Chart

Metal Storm Limited Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Price-to-FCF
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Metal Storm Limited Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
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Competitive Comparison of Metal Storm Limited's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Metal Storm 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.


Metal Storm Limited's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Metal Storm Limited's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Metal Storm Limited's Cyclically Adjusted Price-to-FCF falls into.



Metal Storm 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.

Metal Storm Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec11 is calculated as:

For example, Metal Storm Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec11 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec11 (Change)*Current CPI (Dec11)
=-0.003/92.6863*92.6863
=-0.003

Current CPI (Dec11) = 92.6863.

Metal Storm Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200212 -0.017 72.069 -0.022
200312 -0.013 73.833 -0.016
200412 -0.020 75.691 -0.024
200512 -0.022 77.827 -0.026
200612 -0.016 80.427 -0.018
200712 -0.019 82.749 -0.021
200812 -0.017 85.814 -0.018
200912 -0.013 87.578 -0.014
201012 -0.004 89.993 -0.004
201112 -0.003 92.686 -0.003

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.


Metal Storm Limited  (ASX:MST) 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.


Metal Storm Limited Cyclically Adjusted Price-to-FCF Related Terms

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Metal Storm Limited (ASX:MST) Business Description

Traded in Other Exchanges
N/A
Address
Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.