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Mertiva AB (LTS:0GSH) Cyclically Adjusted Price-to-FCF : (As of Sep. 22, 2024)


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What is Mertiva AB Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mertiva AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mertiva AB'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.

Mertiva AB Cyclically Adjusted Price-to-FCF Chart

Mertiva AB Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Price-to-FCF
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Mertiva AB Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of Mertiva AB's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Mertiva AB'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.


Mertiva AB's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mertiva AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mertiva AB 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.

Mertiva AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Mertiva AB's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec19 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=0.082/107.7659*107.7659
=0.082

Current CPI (Dec19) = 107.7659.

Mertiva AB Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200908 -3.399 95.246 -3.846
201008 8.156 96.082 9.148
201108 -3.255 99.325 -3.532
201208 0.556 100.065 0.599
201308 -0.224 100.158 -0.241
201408 0.075 100.001 0.081
201612 -0.017 102.022 -0.018
201712 -0.053 103.793 -0.055
201812 -0.172 105.912 -0.175
201912 0.082 107.766 0.082

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.


Mertiva AB  (LTS:0GSH) 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.


Mertiva AB Cyclically Adjusted Price-to-FCF Related Terms

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Mertiva AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Edsviksvägen 89, Danderyd, Stockholm, SWE, 182 35
Mertiva AB is a Swedish investment company. The company focuses on investments it estimates that the relationship between expected return and risk is attractive.

Mertiva AB Headlines

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