GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MAS PLC (JSE:MSP) » Definitions » Cyclically Adjusted Price-to-FCF

MAS (JSE:MSP) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


View and export this data going back to 2009. Start your Free Trial

What is MAS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MAS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MAS'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.

MAS Cyclically Adjusted Price-to-FCF Chart

MAS Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MAS Semi-Annual Data
Feb13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of MAS's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, MAS'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.


MAS's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MAS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MAS 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.

MAS's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, MAS's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.788/128.7287*128.7287
=1.788

Current CPI (Jun23) = 128.7287.

MAS Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201506 -7.605 100.684 -9.723
201606 0.306 101.688 0.387
201706 0.881 103.349 1.097
201806 0.089 106.317 0.108
201906 0.327 108.070 0.390
202006 1.502 108.767 1.778
202106 0.585 114.631 0.657
202206 1.334 125.017 1.374
202306 1.788 128.729 1.788

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.


MAS  (JSE:MSP) 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.


MAS Cyclically Adjusted Price-to-FCF Related Terms

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


MAS (JSE:MSP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MAS PLC (JSE:MSP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, VG1110
MAS PLC is a commercial real estate development company that operates throughout mostly Western Europe, as well as Central and Eastern Europe. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The group's investment property comprises income-generating property, development property, and land bank division. The group holds an interest in properties such as Whitbread hotels and Arches, Bruchsal, Nova Park, Stara Zagora, Chippenham, and others. The company geographically operates in Romania, Bulgaria, Poland, Germany and UK. It derives its majority Revenue from Romania.

MAS (JSE:MSP) Headlines

From GuruFocus

Datto MSP Technology Day Addresses Security for SaaS Applications

By Business Wire Business Wire 03-24-2022

Datto Announces Date for Third Quarter 2021 Results Conference Call

By Business Wire Business Wire 10-21-2021

Datto Kicks Off Largest Security-First DattoCon for the MSP Community

By Business Wire Business Wire 10-13-2021

Datto to Present at RBC Capital Markets Global Technology Conference

By Business Wire Business Wire 11-11-2021

Datto Holding Corp (MSP) CEO Timothy Weller Sold $1.8 million of Shares

By GuruFocus Research GuruFocus Editor 10-16-2021

Datto Holding Corp (MSP) CEO Timothy Weller Sold $1.6 million of Shares

By GuruFocus Research GuruFocus Editor 12-21-2021

Datto (NYSE:MSP) Announces Inaugural Investor Day

By Business Wire Business Wire 11-19-2021