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Merko Ehitus AS (FRA:MKS) Cyclically Adjusted Price-to-FCF : 26.06 (As of Jun. 05, 2025)


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What is Merko Ehitus AS Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), Merko Ehitus AS's current share price is €32.05. Merko Ehitus AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €1.23. Merko Ehitus AS's Cyclically Adjusted Price-to-FCF for today is 26.06.

The historical rank and industry rank for Merko Ehitus AS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:MKS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.55   Med: 23.58   Max: 66.43
Current: 26.37

During the past years, Merko Ehitus AS's highest Cyclically Adjusted Price-to-FCF was 66.43. The lowest was 14.55. And the median was 23.58.

FRA:MKS's Cyclically Adjusted Price-to-FCF is ranked worse than
66.89% of 607 companies
in the Construction industry
Industry Median: 17.6 vs FRA:MKS: 26.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Merko Ehitus AS's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €0.090. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.23 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Merko Ehitus AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Merko Ehitus AS'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.

Merko Ehitus AS Cyclically Adjusted Price-to-FCF Chart

Merko Ehitus AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.56 20.90 36.98 17.05 18.29

Merko Ehitus AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.54 18.67 15.72 18.29 21.36

Competitive Comparison of Merko Ehitus AS's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Merko Ehitus AS'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.


Merko Ehitus AS's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Merko Ehitus AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Merko Ehitus AS's Cyclically Adjusted Price-to-FCF falls into.


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Merko Ehitus AS 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.

Merko Ehitus AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.05/1.23
=26.06

* 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.

Merko Ehitus AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Merko Ehitus AS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.09/134.9266*134.9266
=0.090

Current CPI (Mar. 2025) = 134.9266.

Merko Ehitus AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.511 100.684 -0.685
201509 0.038 100.392 0.051
201512 1.304 99.792 1.763
201603 -0.119 100.470 -0.160
201606 -0.724 101.688 -0.961
201609 0.106 101.861 0.140
201612 -0.114 101.863 -0.151
201703 0.297 102.862 0.390
201706 -0.345 103.349 -0.450
201709 -0.596 104.136 -0.772
201712 0.494 104.011 0.641
201803 -0.180 105.290 -0.231
201806 0.691 106.317 0.877
201809 -0.171 106.507 -0.217
201812 1.512 105.998 1.925
201903 -0.240 107.251 -0.302
201906 -1.182 108.070 -1.476
201909 -1.238 108.329 -1.542
201912 1.819 108.420 2.264
202003 0.542 108.902 0.672
202006 -0.237 108.767 -0.294
202009 0.512 109.815 0.629
202012 2.463 109.897 3.024
202103 0.230 111.754 0.278
202106 -1.158 114.631 -1.363
202109 0.028 115.734 0.033
202112 0.739 117.630 0.848
202203 -0.616 121.301 -0.685
202206 -1.769 125.017 -1.909
202209 -0.824 125.227 -0.888
202212 0.776 125.222 0.836
202303 0.078 127.348 0.083
202306 1.193 128.729 1.250
202309 2.254 129.860 2.342
202312 2.889 129.419 3.012
202403 0.932 131.776 0.954
202406 -0.867 132.554 -0.883
202409 1.172 133.029 1.189
202412 1.920 133.157 1.946
202503 0.090 134.927 0.090

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.


Merko Ehitus AS  (FRA:MKS) 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.


Merko Ehitus AS Cyclically Adjusted Price-to-FCF Related Terms

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


Merko Ehitus AS Business Description

Industry
Traded in Other Exchanges
Address
Jarvevana tee 9G, Tallinn, EST, 11314
Merko Ehitus AS is a construction company. It is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, and road construction. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Lithuania and Estonia.