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Mercantil Servicios Financieros CA (CAR:MVZ.A) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2025)


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What is Mercantil Servicios Financieros CA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercantil Servicios Financieros CA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mercantil Servicios Financieros CA'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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Mercantil Servicios Financieros CA Cyclically Adjusted Price-to-FCF Chart

Mercantil Servicios Financieros CA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mercantil Servicios Financieros CA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Mercantil Servicios Financieros CA's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Mercantil Servicios Financieros CA'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.


Mercantil Servicios Financieros CA's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercantil Servicios Financieros CA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mercantil Servicios Financieros CA's Cyclically Adjusted Price-to-FCF falls into.


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Mercantil Servicios Financieros CA 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.

Mercantil Servicios Financieros CA's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Mercantil Servicios Financieros CA's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.675/133.0289*133.0289
=-0.675

Current CPI (Sep. 2024) = 133.0289.

Mercantil Servicios Financieros CA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 407.356 106.317 509.704
201809 31.039 106.507 38.768
201812 -266.010 105.998 -333.846
201903 4,845.292 107.251 6,009.891
201906 -9,344.453 108.070 -11,502.619
201909 -14,388.517 108.329 -17,669.152
201912 -15,247.339 108.420 -18,708.125
202003 -7,826.044 108.902 -9,559.924
202006 72,560.778 108.767 88,746.162
202009 5,214.602 109.815 6,316.928
202012 -169,990.130 109.897 -205,771.233
202103 148,890.298 111.754 177,234.297
202106 -1,727,078.313 114.631 -2,004,261.731
202109 -1,422,012.981 115.734 -1,634,509.585
202112 2.477 117.630 2.801
202203 0.227 121.301 0.249
202206 0.738 125.017 0.785
202209 0.488 125.227 0.518
202212 8.284 125.222 8.800
202303 4.647 127.348 4.854
202306 1.470 128.729 1.519
202309 10.250 129.860 10.500
202312 -20.247 129.419 -20.812
202403 -7.605 131.776 -7.677
202406 0.661 132.554 0.663
202409 -0.675 133.029 -0.675

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.


Mercantil Servicios Financieros CA  (CAR:MVZ.A) 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.


Mercantil Servicios Financieros CA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mercantil Servicios Financieros CA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercantil Servicios Financieros CA Business Description

Traded in Other Exchanges
Address
Avenida Andres Bello, No. 1 Edificio Banco, Mercantil, Caracas, VEN
Mercantil Servicios Financieros CA is a Venezuela-based financial services provider. It offers, through its subsidiaries, a full range of financial products and services in the banking, insurance and wealth management businesses in the Americas and Europe. It provides financial and general banking services to corporate, middle market and retail customers. Third party asset management and securities brokerage services are provided in Venezuela and other jurisdictions, as well as insurance services in Venezuela and Panama. The company generates the majority of its revenue from Venezuela.

Mercantil Servicios Financieros CA Headlines

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