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MTN Group (MTN Group) Cyclically Adjusted Price-to-FCF : 15.50 (As of May. 17, 2024)


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What is MTN Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), MTN Group's current share price is $4.34. MTN Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.28. MTN Group's Cyclically Adjusted Price-to-FCF for today is 15.50.

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

MTNOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.88   Med: 57.7   Max: 158.05
Current: 18.18

During the past 13 years, MTN Group's highest Cyclically Adjusted Price-to-FCF was 158.05. The lowest was 15.88. And the median was 57.70.

MTNOF's Cyclically Adjusted Price-to-FCF is ranked worse than
65.61% of 189 companies
in the Telecommunication Services industry
Industry Median: 13.58 vs MTNOF: 18.18

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.

MTN Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.504. 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 $0.28 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTN Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MTN Group'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.

MTN Group Cyclically Adjusted Price-to-FCF Chart

MTN Group 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 74.17 54.98 83.29 32.43 22.34

MTN Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 83.29 - 32.43 - 22.34

Competitive Comparison of MTN Group's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, MTN Group'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.


MTN Group's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MTN Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.34/0.28
=15.50

* 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.

MTN Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, MTN Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.504/152.7175*152.7175
=0.504

Current CPI (Dec23) = 152.7175.

MTN Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.203 96.794 0.320
201512 -0.690 101.808 -1.035
201612 -0.564 109.002 -0.790
201712 0.281 113.907 0.377
201812 0.161 118.921 0.207
201912 0.352 123.717 0.435
202012 1.047 127.467 1.254
202112 1.091 135.029 1.234
202212 0.697 145.156 0.733
202312 0.504 152.718 0.504

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.


MTN Group  (OTCPK:MTNOF) 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.


MTN Group Cyclically Adjusted Price-to-FCF Related Terms

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


MTN Group (MTN Group) Business Description

Traded in Other Exchanges
Address
Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195
MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.

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