GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marel hf (OISE:MAREL) » Definitions » Cyclically Adjusted Price-to-FCF

Marel hf (OISE:MAREL) Cyclically Adjusted Price-to-FCF : 20.16 (As of Jun. 09, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Marel hf Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Marel hf's current share price is kr482.00. Marel hf's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr23.91. Marel hf's Cyclically Adjusted Price-to-FCF for today is 20.16.

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

OISE:MAREL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.27   Med: 30.25   Max: 51.01
Current: 20.16

During the past years, Marel hf's highest Cyclically Adjusted Price-to-FCF was 51.01. The lowest was 15.27. And the median was 30.25.

OISE:MAREL's Cyclically Adjusted Price-to-FCF is ranked better than
69.86% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs OISE:MAREL: 20.16

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.

Marel hf's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-1.059. 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 kr23.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marel hf Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marel hf'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.

Marel hf Cyclically Adjusted Price-to-FCF Chart

Marel hf 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 36.04 42.69 41.05 21.95 19.79

Marel hf 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 25.22 19.57 17.40 19.79 19.91

Competitive Comparison of Marel hf's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Marel hf'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.


Marel hf's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marel hf's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Marel hf 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=482.00/23.91
=20.16

* 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.

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

For example, Marel hf'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)
=-1.059/144.9095*144.9095
=-1.059

Current CPI (Mar. 2024) = 144.9095.

Marel hf Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.647 98.777 3.883
201409 4.981 98.734 7.310
201412 5.233 98.669 7.685
201503 5.464 99.612 7.949
201506 2.155 100.289 3.114
201509 4.419 100.607 6.365
201512 1.696 100.657 2.442
201603 -0.850 101.115 -1.218
201606 5.576 101.923 7.928
201609 4.249 102.457 6.010
201612 10.426 102.562 14.731
201703 4.715 102.768 6.648
201706 6.337 103.496 8.873
201709 12.048 103.871 16.808
201712 7.921 104.481 10.986
201803 8.039 105.600 11.032
201806 7.259 106.206 9.904
201809 1.883 106.727 2.557
201812 8.917 108.388 11.922
201903 9.635 108.702 12.844
201906 -1.447 109.758 -1.910
201909 5.332 109.922 7.029
201912 8.604 110.588 11.274
202003 6.749 111.019 8.809
202006 9.129 112.667 11.741
202009 7.493 113.772 9.544
202012 3.419 114.542 4.325
202103 9.438 115.833 11.807
202106 11.531 117.451 14.227
202109 -0.708 118.723 -0.864
202112 2.613 120.398 3.145
202203 2.938 123.555 3.446
202206 -2.096 127.809 -2.376
202209 -7.060 129.810 -7.881
202212 -0.410 131.901 -0.450
202303 -2.282 135.674 -2.437
202306 -3.595 139.150 -3.744
202309 2.944 140.147 3.044
202312 13.371 142.125 13.633
202403 -1.059 144.910 -1.059

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.


Marel hf  (OISE:MAREL) 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.


Marel hf Cyclically Adjusted Price-to-FCF Related Terms

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


Marel hf (OISE:MAREL) Business Description

Industry
Traded in Other Exchanges
Address
Austurhraun 9, Gardabaer, ISL, 210
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

Marel hf (OISE:MAREL) Headlines

No Headlines