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M&G Poliester (BSP:RHDS3) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is M&G Poliester Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


M&G Poliester Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for M&G Poliester'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.

* Premium members only.

M&G Poliester Cyclically Adjusted Price-to-FCF Chart

M&G Poliester Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
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M&G Poliester Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of M&G Poliester's Cyclically Adjusted Price-to-FCF

For the subindustry, M&G Poliester'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.


M&G Poliester's Cyclically Adjusted Price-to-FCF Distribution in the Industry

For the industry and sector, M&G Poliester's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where M&G Poliester's Cyclically Adjusted Price-to-FCF falls into.



M&G Poliester 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.

M&G Poliester's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec13 is calculated as:

For example, M&G Poliester's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=0.001/88.5217*88.5217
=0.001

Current CPI (Dec13) = 88.5217.

M&G Poliester Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 0.000 55.658 0.000
200512 0.000 58.824 0.000
200612 0.000 60.672 0.000
200712 0.000 63.377 0.000
200812 -0.010 67.118 -0.013
200912 0.010 70.012 0.013
201012 0.008 74.149 0.010
201112 0.004 78.971 0.004
201212 0.015 83.581 0.016
201312 0.001 88.522 0.001

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.


M&G Poliester  (BSP:RHDS3) 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.


M&G Poliester Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of M&G Poliester's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


M&G Poliester (BSP:RHDS3) Business Description

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