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M3 (MTHRF) Cyclically Adjusted Price-to-FCF : 38.90 (As of May. 01, 2024)


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What is M3 Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), M3's current share price is $11.67. M3's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.30. M3's Cyclically Adjusted Price-to-FCF for today is 38.90.

The historical rank and industry rank for M3's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MTHRF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 37.85   Med: 155.26   Max: 498.82
Current: 37.85

During the past years, M3's highest Cyclically Adjusted Price-to-FCF was 498.82. The lowest was 37.85. And the median was 155.26.

MTHRF's Cyclically Adjusted Price-to-FCF is ranked worse than
68.26% of 167 companies
in the Healthcare Providers & Services industry
Industry Median: 23.68 vs MTHRF: 37.85

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.

M3's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.222. 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 $0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


M3 Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for M3'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.

M3 Cyclically Adjusted Price-to-FCF Chart

M3 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.07 321.35 147.75 87.74 47.96

M3 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 87.74 79.51 66.32 55.70 47.96

Competitive Comparison of M3's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, M3'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.


M3's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, M3's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where M3's Cyclically Adjusted Price-to-FCF falls into.



M3 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.

M3's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.67/0.3
=38.90

* 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.

M3's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, M3's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.222/107.2000*107.2000
=0.222

Current CPI (Mar. 2024) = 107.2000.

M3 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.012 98.000 0.013
201409 0.037 98.500 0.040
201412 0.015 97.900 0.016
201503 0.053 97.900 0.058
201506 0.005 98.400 0.005
201509 0.047 98.500 0.051
201512 0.019 98.100 0.021
201603 0.080 97.900 0.088
201606 0.029 98.100 0.032
201609 0.069 98.000 0.075
201612 0.024 98.400 0.026
201703 0.102 98.100 0.111
201706 0.040 98.500 0.044
201709 0.065 98.800 0.071
201712 -0.003 99.400 -0.003
201803 0.098 99.200 0.106
201806 0.038 99.200 0.041
201809 0.074 99.900 0.079
201812 -0.036 99.700 -0.039
201903 0.152 99.700 0.163
201906 0.057 99.800 0.061
201909 0.074 100.100 0.079
201912 0.044 100.500 0.047
202003 0.151 100.300 0.161
202006 0.091 99.900 0.098
202009 0.148 99.900 0.159
202012 0.140 99.300 0.151
202103 0.237 99.900 0.254
202106 0.101 99.500 0.109
202109 0.129 100.100 0.138
202112 0.149 100.100 0.160
202203 0.251 101.100 0.266
202206 0.090 101.800 0.095
202209 0.151 103.100 0.157
202212 0.073 104.100 0.075
202303 0.220 104.400 0.226
202306 0.090 105.200 0.092
202309 0.128 106.200 0.129
202312 0.068 106.800 0.068
202403 0.222 107.200 0.222

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.


M3  (OTCPK:MTHRF) 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.


M3 Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of M3's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


M3 (MTHRF) Business Description

Traded in Other Exchanges
Address
Akasaka Intercity 10th floor, 1-11-44 Akasaka, Minato-ku, Tokyo, JPN, 105-0012
M3, Inc. is a Japan-based company engaged in providing medical-related services through the use of the Internet. It also supports marketing of pharmaceutical companies and medical equipment manufacturers. The company's business segment includes, Medical Portal segment, Evidence Solution segment, Overseas segment, Clinical Platform segment, Sales Platform segment, and Others. The company generates the majority of its revenue from Medical Portal segment.

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