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McMillan Shakespeare (McMillan Shakespeare) Cyclically Adjusted Price-to-FCF : 15.23 (As of Jun. 10, 2024)


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What is McMillan Shakespeare Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), McMillan Shakespeare's current share price is $9.90. McMillan Shakespeare's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.65. McMillan Shakespeare's Cyclically Adjusted Price-to-FCF for today is 15.23.

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

MCSLF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.62   Med: 29.57   Max: 66.78
Current: 14.51

During the past 13 years, McMillan Shakespeare's highest Cyclically Adjusted Price-to-FCF was 66.78. The lowest was 8.62. And the median was 29.57.

MCSLF's Cyclically Adjusted Price-to-FCF is ranked better than
59.62% of 369 companies
in the Business Services industry
Industry Median: 18.07 vs MCSLF: 14.51

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.

McMillan Shakespeare's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $0.077. 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 $0.65 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


McMillan Shakespeare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for McMillan Shakespeare'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.

McMillan Shakespeare Cyclically Adjusted Price-to-FCF Chart

McMillan Shakespeare 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 21.29 12.33 13.60 8.64 15.26

McMillan Shakespeare Semi-Annual Data
Jun14 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 - 8.64 - 15.26 -

Competitive Comparison of McMillan Shakespeare's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.


McMillan Shakespeare's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McMillan Shakespeare's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



McMillan Shakespeare 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.

McMillan Shakespeare's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.90/0.65
=15.23

* 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.

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

For example, McMillan Shakespeare'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)
=0.077/124.1700*124.1700
=0.077

Current CPI (Jun23) = 124.1700.

McMillan Shakespeare Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.349 98.352 0.441
201506 -0.260 99.838 -0.323
201606 0.774 100.859 0.953
201706 0.352 102.809 0.425
201806 0.935 104.945 1.106
201906 0.946 106.617 1.102
202006 1.519 106.246 1.775
202106 1.816 110.332 2.044
202206 1.002 117.112 1.062
202306 0.077 124.170 0.077

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.


McMillan Shakespeare  (OTCPK:MCSLF) 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.


McMillan Shakespeare Cyclically Adjusted Price-to-FCF Related Terms

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


McMillan Shakespeare (McMillan Shakespeare) Business Description

Traded in Other Exchanges
Address
360 Elizabeth Street, Floor 21, Melbourne, VIC, AUS, 3000
McMillan Shakespeare Ltd is a provider of salary packaging, novated leasing, disability plan management and support coordination, asset management, and related financial products and services. It also cross-sells its salary packaging services to private entities via its asset management business in Australia and New Zealand, and it has acquired asset management businesses in the U.K. McMillan's asset management businesses provide motor vehicle leasing and fleet management services. The group has three operating segments: Group Remuneration Services, Asset Management Services, and Plan and Support Services. The prime revenue is generated from Asset Management segment.

McMillan Shakespeare (McMillan Shakespeare) Headlines

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