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Mills Estruturas e Servicos de Engenharia (Mills Estruturas e Servicos de Engenharia) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Mills Estruturas e Servicos de Engenharia 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


Mills Estruturas e Servicos de Engenharia Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mills Estruturas e Servicos de Engenharia'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.

Mills Estruturas e Servicos de Engenharia Cyclically Adjusted Price-to-FCF Chart

Mills Estruturas e Servicos de Engenharia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 30.17 30.49 20.49

Mills Estruturas e Servicos de Engenharia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 28.40 26.38 22.63 20.49 -

Competitive Comparison of Mills Estruturas e Servicos de Engenharia's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Mills Estruturas e Servicos de Engenharia'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.


Mills Estruturas e Servicos de Engenharia's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Estruturas e Servicos de Engenharia's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mills Estruturas e Servicos de Engenharia's Cyclically Adjusted Price-to-FCF falls into.



Mills Estruturas e Servicos de Engenharia 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.

Mills Estruturas e Servicos de Engenharia's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mills Estruturas e Servicos de Engenharia's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.039/157.1481*157.1481
=0.039

Current CPI (Dec. 2023) = 157.1481.

Mills Estruturas e Servicos de Engenharia Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.096 90.447 -0.167
201406 -0.049 91.838 -0.084
201409 0.135 92.602 0.229
201412 0.268 94.194 0.447
201503 0.175 97.799 0.281
201506 0.093 100.006 0.146
201509 0.074 101.392 0.115
201512 0.082 104.247 0.124
201603 0.145 106.979 0.213
201606 0.045 108.851 0.065
201609 0.051 109.986 0.073
201612 0.015 110.802 0.021
201703 0.018 111.869 0.025
201706 -0.014 112.115 -0.020
201709 0.006 112.777 0.008
201712 0.014 114.068 0.019
201803 0.030 114.868 0.041
201806 0.018 117.038 0.024
201809 -0.003 117.881 -0.004
201812 0.018 118.340 0.024
201903 0.035 120.124 0.046
201906 0.031 120.977 0.040
201909 0.008 121.292 0.010
201912 0.043 123.436 0.055
202003 0.042 124.092 0.053
202006 0.053 123.557 0.067
202009 0.019 125.095 0.024
202012 0.044 129.012 0.054
202103 0.034 131.660 0.041
202106 0.015 133.871 0.018
202109 0.044 137.913 0.050
202112 0.012 141.992 0.013
202203 0.045 146.537 0.048
202206 0.040 149.784 0.042
202209 -0.007 147.800 -0.007
202212 0.017 150.207 0.018
202303 -0.253 153.352 -0.259
202306 -0.088 154.519 -0.089
202309 0.117 155.464 0.118
202312 0.039 157.148 0.039

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.


Mills Estruturas e Servicos de Engenharia  (GREY:MLSTF) 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.


Mills Estruturas e Servicos de Engenharia Cyclically Adjusted Price-to-FCF Related Terms

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


Mills Estruturas e Servicos de Engenharia (Mills Estruturas e Servicos de Engenharia) Business Description

Traded in Other Exchanges
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Estruturas e Servicos de Engenharia (Mills Estruturas e Servicos de Engenharia) Headlines

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