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Materialise NV (Materialise NV) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Materialise NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Materialise NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Materialise NV'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.

Materialise NV Cyclically Adjusted Price-to-FCF Chart

Materialise NV 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 - - - 536.33 932.42

Materialise NV 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 312.77 424.25 320.30 932.42 -

Competitive Comparison of Materialise NV's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Materialise NV'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.


Materialise NV's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Materialise NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Materialise NV 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.

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

For example, Materialise NV'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)
=0.131/128.2922*128.2922
=0.131

Current CPI (Mar. 2024) = 128.2922.

Materialise NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.045 99.482 0.058
201409 -0.091 99.195 -0.118
201412 -0.113 99.086 -0.146
201503 -0.051 99.423 -0.066
201506 -0.015 100.107 -0.019
201509 -0.058 100.245 -0.074
201512 -0.067 100.572 -0.085
201603 -0.005 101.653 -0.006
201606 -0.009 102.267 -0.011
201609 -0.066 102.118 -0.083
201612 -0.060 102.614 -0.075
201703 -0.141 103.972 -0.174
201706 -0.128 103.902 -0.158
201709 -0.299 104.170 -0.368
201712 0.033 104.804 0.040
201803 0.042 105.419 0.051
201806 0.006 106.063 0.007
201809 0.007 106.618 0.008
201812 0.127 107.252 0.152
201903 0.018 107.876 0.021
201906 0.036 107.896 0.043
201909 0.172 107.470 0.205
201912 0.037 108.065 0.044
202003 0.088 108.550 0.104
202006 0.077 108.540 0.091
202009 -0.157 108.441 -0.186
202012 0.261 108.511 0.309
202103 0.049 109.522 0.057
202106 0.150 110.305 0.174
202109 0.023 111.543 0.026
202112 0.075 114.705 0.084
202203 0.142 118.620 0.154
202206 0.037 120.948 0.039
202209 -0.094 124.120 -0.097
202212 -0.118 126.578 -0.120
202303 0.141 126.528 0.143
202306 -0.025 125.973 -0.025
202309 0.076 127.083 0.077
202312 -0.042 128.292 -0.042
202403 0.131 128.292 0.131

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.


Materialise NV  (NAS:MTLS) 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.


Materialise NV Cyclically Adjusted Price-to-FCF Related Terms

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Materialise NV (Materialise NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Materialise NV (NAS:MTLS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Technologielaan 15, Leuven, BEL, 3001
Materialise NV is a provider of 3D printing services. The products and services of the group are organized in the three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, France, Switzerland, the United Kingdom, Italy, Netherlands, Other Europe, and the Asia Pacific.

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