GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (OTCPK:MICLD) » Definitions » Cyclically Adjusted Price-to-FCF

MICLD (Mycronic AB) Cyclically Adjusted Price-to-FCF : 36.20 (As of Jun. 29, 2025)


View and export this data going back to 2016. Start your Free Trial

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

As of today (2025-06-29), Mycronic AB's current share price is $18.10. Mycronic AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.50. Mycronic AB's Cyclically Adjusted Price-to-FCF for today is 36.20.

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

MICLD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.32   Med: 33.01   Max: 49.68
Current: 35.05

During the past years, Mycronic AB's highest Cyclically Adjusted Price-to-FCF was 49.68. The lowest was 17.32. And the median was 33.01.

MICLD's Cyclically Adjusted Price-to-FCF is ranked worse than
50.34% of 1039 companies
in the Industrial Products industry
Industry Median: 34.65 vs MICLD: 35.05

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.

Mycronic AB's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.122. 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 $0.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mycronic AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mycronic 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.

Mycronic AB Cyclically Adjusted Price-to-FCF Chart

Mycronic AB 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 47.04 32.54 24.19 28.21 34.35

Mycronic AB 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 34.50 36.12 35.45 34.35 36.26

Competitive Comparison of Mycronic AB's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Mycronic 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.


Mycronic AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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


;
;

Mycronic 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.

Mycronic AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.10/0.50
=36.20

* 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.

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

For example, Mycronic AB'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)
=0.122/132.8245*132.8245
=0.122

Current CPI (Mar. 2025) = 132.8245.

Mycronic AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.005 99.995 -0.007
201509 0.152 100.228 0.201
201512 0.130 100.276 0.172
201603 0.192 100.751 0.253
201606 -0.042 101.019 -0.055
201609 0.047 101.138 0.062
201612 0.077 102.022 0.100
201703 0.115 102.022 0.150
201706 0.093 102.752 0.120
201709 0.300 103.279 0.386
201712 0.094 103.793 0.120
201803 0.001 103.962 0.001
201806 -0.023 104.875 -0.029
201809 0.062 105.679 0.078
201812 0.357 105.912 0.448
201903 0.037 105.886 0.046
201906 0.085 106.742 0.106
201909 0.054 107.214 0.067
201912 0.119 107.766 0.147
202003 0.148 106.563 0.184
202006 -0.010 107.498 -0.012
202009 0.326 107.635 0.402
202012 0.181 108.296 0.222
202103 0.231 108.360 0.283
202106 0.181 108.928 0.221
202109 0.045 110.338 0.054
202112 0.135 112.486 0.159
202203 0.039 114.825 0.045
202206 0.088 118.384 0.099
202209 0.080 122.296 0.087
202212 0.216 126.365 0.227
202303 0.196 127.042 0.205
202306 0.205 129.407 0.210
202309 0.098 130.224 0.100
202312 0.281 131.912 0.283
202403 0.363 132.205 0.365
202406 0.187 132.716 0.187
202409 0.049 132.304 0.049
202412 0.306 132.987 0.306
202503 0.122 132.825 0.122

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.


Mycronic AB  (OTCPK:MICLD) 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.


Mycronic AB Cyclically Adjusted Price-to-FCF Related Terms

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


Mycronic AB Business Description

Industry
Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of photomasks for displays; The High Flex division, which develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation.

Mycronic AB Headlines

From GuruFocus

Mycronic receives order for an SLX mask writer

By PRNewswire PRNewswire 11-21-2022

Q3 2024 Mycronic AB (publ) Earnings Call Transcript

By GuruFocus News 10-25-2024

Mycronic receives order for an FPS10 Evo

By PRNewswire PRNewswire 12-19-2022

Mycronic AB: Year-end Report January-December 2022

By PRNewswire PRNewswire 02-10-2023

Mycronic receives order for an SLX mask writer

By PRNewswire PRNewswire 02-21-2023

Mycronic receives order for two Prexision Lite 8 Evo

By PRNewswire PRNewswire 11-07-2022

Q1 2022 Mycronic AB (publ) Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q1 2024 Mycronic AB (publ) Earnings Call Transcript

By GuruFocus Research 04-19-2024

Mycronic AB'sInterim Report January-March 2023

By PRNewswire PRNewswire 04-27-2023