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Manufaturas de Brinquedos Estrela (BSP:ESTR4) Cyclically Adjusted Price-to-FCF : (As of Sep. 26, 2024)


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What is Manufaturas de Brinquedos Estrela Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manufaturas de Brinquedos Estrela Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manufaturas de Brinquedos Estrela'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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Manufaturas de Brinquedos Estrela Cyclically Adjusted Price-to-FCF Chart

Manufaturas de Brinquedos Estrela Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Manufaturas de Brinquedos Estrela Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Manufaturas de Brinquedos Estrela's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Manufaturas de Brinquedos Estrela'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.


Manufaturas de Brinquedos Estrela's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Manufaturas de Brinquedos Estrela's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Manufaturas de Brinquedos Estrela's Cyclically Adjusted Price-to-FCF falls into.



Manufaturas de Brinquedos Estrela 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.

Manufaturas de Brinquedos Estrela's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Manufaturas de Brinquedos Estrela'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)
=-1.261/161.0515*161.0515
=-1.261

Current CPI (Jun. 2024) = 161.0515.

Manufaturas de Brinquedos Estrela Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.433 91.838 -2.513
201409 -2.098 92.602 -3.649
201412 0.929 94.194 1.588
201503 3.237 97.799 5.331
201506 -0.866 100.006 -1.395
201509 -2.582 101.392 -4.101
201512 0.486 104.247 0.751
201603 1.533 106.979 2.308
201606 0.074 108.851 0.109
201609 -1.228 109.986 -1.798
201612 0.886 110.802 1.288
201703 0.875 111.869 1.260
201706 0.417 112.115 0.599
201712 0.000 114.068 0.000
201803 0.289 114.868 0.405
201806 -0.188 117.038 -0.259
201809 -2.120 117.881 -2.896
201812 -1.943 118.340 -2.644
201903 0.859 120.124 1.152
201906 -0.082 120.977 -0.109
201909 -0.610 121.292 -0.810
201912 0.978 123.436 1.276
202003 1.029 124.092 1.335
202006 -0.462 123.557 -0.602
202009 -1.709 125.095 -2.200
202012 -0.347 129.012 -0.433
202103 0.764 131.660 0.935
202106 -1.383 133.871 -1.664
202109 -1.409 137.913 -1.645
202112 -0.804 141.992 -0.912
202203 1.229 146.537 1.351
202206 -3.616 149.784 -3.888
202209 -3.064 147.800 -3.339
202212 -0.190 150.207 -0.204
202303 2.237 153.352 2.349
202306 0.102 154.519 0.106
202309 -1.141 155.464 -1.182
202312 0.176 157.148 0.180
202403 1.180 159.372 1.192
202406 -1.261 161.052 -1.261

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.


Manufaturas de Brinquedos Estrela  (BSP:ESTR4) 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.


Manufaturas de Brinquedos Estrela Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Manufaturas de Brinquedos Estrela's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Manufaturas de Brinquedos Estrela Business Description

Traded in Other Exchanges
N/A
Address
Rua Gomes de Carvalho 1327 - 10th Floor, Sao Paulo, SP, BRA, 4547005
Manufaturas de Brinquedos Estrela SA manufactures and sells toys in Brazil and internationally. The company sells its products through online and physical stores. It manufactures and trades dolls, wooden toys, games, balls, radio-controlled helicopters and cars, railway models, play dough and toy cars.

Manufaturas de Brinquedos Estrela Headlines

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