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MXRHY (Michael Hill International) Cyclically Adjusted Price-to-FCF : (As of Sep. 23, 2024)


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What is Michael Hill International 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


Michael Hill International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Michael Hill International'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.

Michael Hill International Cyclically Adjusted Price-to-FCF Chart

Michael Hill International Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 9.58 9.23 7.20 3.38

Michael Hill International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 9.23 - 7.20 - 3.38

Competitive Comparison of Michael Hill International's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Michael Hill International'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.


Michael Hill International's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Michael Hill International 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.

Michael Hill International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Michael Hill International's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.352/128.9064*128.9064
=0.352

Current CPI (Jun24) = 128.9064.

Michael Hill International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.179 99.838 1.522
201606 0.893 100.859 1.141
201706 0.260 102.809 0.326
201806 1.185 104.945 1.456
201906 0.814 106.617 0.984
202006 2.364 106.246 2.868
202106 4.905 110.332 5.731
202206 3.240 117.112 3.566
202306 1.579 124.170 1.639
202406 0.352 128.906 0.352

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.


Michael Hill International  (OTCPK:MXRHY) 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.


Michael Hill International Cyclically Adjusted Price-to-FCF Related Terms

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Michael Hill International Business Description

Traded in Other Exchanges
Address
34 Southgate Avenue, Cannon Hill, QLD, AUS, 4170
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. The group derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.