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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is MMX Mineracao E Metalicos 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


MMX Mineracao E Metalicos Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MMX Mineracao E Metalicos'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.

MMX Mineracao E Metalicos Cyclically Adjusted Price-to-FCF Chart

MMX Mineracao E Metalicos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF falls into.



MMX Mineracao E Metalicos 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.

MMX Mineracao E Metalicos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, MMX Mineracao E Metalicos's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.007/131.6604*131.6604
=0.007

Current CPI (Mar. 2021) = 131.6604.

MMX Mineracao E Metalicos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 -61.424 77.018 -105.003
201109 3.076 77.837 5.203
201112 -25.806 78.971 -43.024
201203 -34.355 79.938 -56.584
201206 -57.508 80.803 -93.703
201209 -29.230 81.948 -46.962
201212 -61.260 83.581 -96.499
201303 -30.541 85.205 -47.193
201306 -30.397 86.214 -46.420
201309 2.523 86.749 3.829
201312 -0.673 88.522 -1.001
201403 3.411 90.447 4.965
201406 6.216 91.838 8.911
201409 -2.385 92.602 -3.391
201412 1.291 94.194 1.805
201503 -0.449 97.799 -0.604
201506 1.216 100.006 1.601
201509 -0.404 101.392 -0.525
201512 -0.186 104.247 -0.235
201603 -0.514 106.979 -0.633
201606 -0.324 108.851 -0.392
201609 -0.251 109.986 -0.300
201612 1.308 110.802 1.554
201703 -0.369 111.869 -0.434
201706 -0.008 112.115 -0.009
201709 -0.141 112.777 -0.165
201712 -0.164 114.068 -0.189
201803 -0.099 114.868 -0.113
201806 -0.037 117.038 -0.042
201809 0.012 117.881 0.013
201812 -0.024 118.340 -0.027
201903 -0.008 120.124 -0.009
201906 0.035 120.977 0.038
201909 0.021 121.292 0.023
201912 -0.015 123.436 -0.016
202003 -0.014 124.092 -0.015
202006 0.013 123.557 0.014
202009 -0.032 125.095 -0.034
202012 -0.002 129.012 -0.002
202103 0.007 131.660 0.007

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.


MMX Mineracao E Metalicos  (OTCPK:MMXMY) 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.


MMX Mineracao E Metalicos Cyclically Adjusted Price-to-FCF Related Terms

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


MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Headlines

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