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Mahickra Chemicals (NSE:MAHICKRA) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Mahickra Chemicals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahickra Chemicals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mahickra Chemicals'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.

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Mahickra Chemicals Cyclically Adjusted Price-to-FCF Chart

Mahickra Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Mahickra Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Mahickra Chemicals's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Mahickra Chemicals'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.


Mahickra Chemicals's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mahickra Chemicals 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.

Mahickra Chemicals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Mahickra Chemicals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.744/146.8646*146.8646
=1.744

Current CPI (Mar23) = 146.8646.

Mahickra Chemicals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.521 91.425 -4.050
201503 0.758 97.163 1.146
201603 -0.025 102.518 -0.036
201703 -0.118 105.196 -0.165
201803 -16.411 109.786 -21.953
201903 -6.216 118.202 -7.723
202003 -7.855 124.705 -9.251
202103 -3.858 131.771 -4.300
202203 2.327 138.822 2.462
202303 1.744 146.865 1.744

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.


Mahickra Chemicals  (NSE:MAHICKRA) 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.


Mahickra Chemicals Cyclically Adjusted Price-to-FCF Related Terms

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Mahickra Chemicals (NSE:MAHICKRA) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 1201-1202, Phase-3, G.I.D.C Estate, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India based company engaged in the business of manufacturing of dyes and chemicals. It also exports dyes and chemical products. The product portfolio of the company includes Reactive dyes, Acid dyes, Direct dyes, Pigment powder and emulsion, Specialty chemicals and Synthetic food colors.

Mahickra Chemicals (NSE:MAHICKRA) Headlines

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