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Mefcom Capital Markets (BOM:531176) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Mefcom Capital Markets Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mefcom Capital Markets Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mefcom Capital Markets'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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Mefcom Capital Markets Cyclically Adjusted Price-to-FCF Chart

Mefcom Capital Markets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Mefcom Capital Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Mefcom Capital Markets's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Mefcom Capital Markets'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.


Mefcom Capital Markets's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mefcom Capital Markets's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mefcom Capital Markets's Cyclically Adjusted Price-to-FCF falls into.



Mefcom Capital Markets 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.

Mefcom Capital Markets's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Mefcom Capital Markets's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.186/146.8646*146.8646
=0.186

Current CPI (Mar23) = 146.8646.

Mefcom Capital Markets Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.349 91.425 0.561
201503 -0.296 97.163 -0.447
201603 -0.226 102.518 -0.324
201703 0.707 105.196 0.987
201803 -0.059 109.786 -0.079
201903 -0.471 118.202 -0.585
202003 -1.178 124.705 -1.387
202103 -1.014 131.771 -1.130
202203 -0.482 138.822 -0.510
202303 0.186 146.865 0.186

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.


Mefcom Capital Markets  (BOM:531176) 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.


Mefcom Capital Markets Cyclically Adjusted Price-to-FCF Related Terms

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Mefcom Capital Markets (BOM:531176) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 77, Nehru Place, Sanchi Building, Flat No. 18, New Delhi, IND, 110019
Mefcom Capital Markets Ltd is an India-based company engaged in capital market operations and merchant banking activities. The company provides investment and financial services in the field of investment banking, corporate advisory, mergers and acquisitions, brokerage, and trading in equities, derivatives, commodities, and others. It operates through the business segments of Trading in Shares & Securities and Merchant Banking Services. The group operates in India and derives maximum revenue from the Trading in Shares & Securities segment.

Mefcom Capital Markets (BOM:531176) Headlines

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