GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MGI Digital Graphic Technology SA (STU:2EI) » Definitions » Cyclically Adjusted Price-to-FCF

MGI Digital Graphic Technology (STU:2EI) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


View and export this data going back to 2019. Start your Free Trial

What is MGI Digital Graphic Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MGI Digital Graphic Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology Cyclically Adjusted Price-to-FCF Chart

MGI Digital Graphic Technology 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 323.12 400.59 1,440.88 - -

MGI Digital Graphic Technology 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 1,440.88 - - - -

Competitive Comparison of MGI Digital Graphic Technology's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, MGI Digital Graphic Technology'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.


MGI Digital Graphic Technology's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MGI Digital Graphic Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MGI Digital Graphic Technology's Cyclically Adjusted Price-to-FCF falls into.



MGI Digital Graphic Technology 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.

MGI Digital Graphic Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, MGI Digital Graphic Technology'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)
=-0.147/118.3900*118.3900
=-0.147

Current CPI (Dec23) = 118.3900.

MGI Digital Graphic Technology Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.473 99.860 -0.561
201512 -2.157 100.040 -2.553
201612 0.053 100.650 0.062
201712 0.121 101.850 0.141
201812 1.180 103.470 1.350
201912 2.498 104.980 2.817
202012 -0.229 104.960 -0.258
202112 -0.750 107.850 -0.823
202212 -1.030 114.160 -1.068
202312 -0.147 118.390 -0.147

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.


MGI Digital Graphic Technology  (STU:2EI) 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.


MGI Digital Graphic Technology Cyclically Adjusted Price-to-FCF Related Terms

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


MGI Digital Graphic Technology (STU:2EI) Business Description

Traded in Other Exchanges
Address
4, rue de la Meridienn, Fresnes, FRA, 94260
MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

MGI Digital Graphic Technology (STU:2EI) Headlines

No Headlines