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MyCelx Technologies (LSE:MYX) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is MyCelx Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MyCelx Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MyCelx Technologies'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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MyCelx Technologies Cyclically Adjusted Price-to-FCF Chart

MyCelx Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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MyCelx Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of MyCelx Technologies's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, MyCelx Technologies'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.


MyCelx Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MyCelx Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MyCelx Technologies 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.

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

For example, MyCelx Technologies'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)
=-0.045/129.4194*129.4194
=-0.045

Current CPI (Dec23) = 129.4194.

MyCelx Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.210 99.070 -0.274
201512 -0.107 99.792 -0.139
201612 -0.004 101.863 -0.005
201712 0.005 104.011 0.006
201812 -0.009 105.998 -0.011
201912 -0.110 108.420 -0.131
202012 -0.063 109.897 -0.074
202112 -0.147 117.630 -0.162
202212 -0.130 125.222 -0.134
202312 -0.045 129.419 -0.045

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.


MyCelx Technologies  (LSE:MYX) 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.


MyCelx Technologies Cyclically Adjusted Price-to-FCF Related Terms

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MyCelx Technologies (LSE:MYX) Business Description

Traded in Other Exchanges
N/A
Address
1650 International Court, Suite 100, Norcross, GA, USA, 30093
MyCelx Technologies Corp is a clean water technology company. It provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors. The company created the patented MYCELX polymer using molecular cohesion for removing oil and other contaminants from water. Geographically, the group has a business presence in the Middle East, the United States, Nigeria, and Other regions, of which key revenue is derived from the Middle East region.