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ML System (FRA:6UX) Cyclically Adjusted Price-to-FCF : (As of May. 30, 2024)


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What is ML System Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ML System Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ML System'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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ML System Cyclically Adjusted Price-to-FCF Chart

ML System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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ML System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of ML System's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, ML System'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.


ML System's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ML System's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ML System's Cyclically Adjusted Price-to-FCF falls into.



ML System 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.

ML System's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ML System's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-5.712/147.7411*147.7411
=-5.712

Current CPI (Dec23) = 147.7411.

ML System Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.511 100.122 -0.754
201512 -1.436 99.471 -2.133
201612 -0.479 100.366 -0.705
201712 -1.603 102.564 -2.309
201812 -1.342 103.785 -1.910
201912 -1.934 107.123 -2.667
202012 -2.904 109.565 -3.916
202112 -1.796 119.088 -2.228
202212 -1.298 139.113 -1.379
202312 -5.712 147.741 -5.712

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.


ML System  (FRA:6UX) 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.


ML System Cyclically Adjusted Price-to-FCF Related Terms

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ML System (FRA:6UX) Business Description

Industry
Traded in Other Exchanges
Address
Zaczernie 190 G, Zaczernie, POL, 36-062
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.

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