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MSAfety (STU:M07) Cyclically Adjusted Price-to-FCF : 44.26 (As of Jun. 10, 2024)


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What is MSAfety Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), MSAfety's current share price is €158.00. MSAfety's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.57. MSAfety's Cyclically Adjusted Price-to-FCF for today is 44.26.

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

STU:M07' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.78   Med: 38.33   Max: 55.4
Current: 43.61

During the past years, MSAfety's highest Cyclically Adjusted Price-to-FCF was 55.40. The lowest was 26.78. And the median was 38.33.

STU:M07's Cyclically Adjusted Price-to-FCF is ranked worse than
79.89% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs STU:M07: 43.61

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.

MSAfety's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.923. 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 €3.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSAfety Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MSAfety'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.

MSAfety Cyclically Adjusted Price-to-FCF Chart

MSAfety 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 44.74 46.03 41.04 38.01 44.84

MSAfety 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 42.90 52.08 44.59 44.84 49.31

Competitive Comparison of MSAfety's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, MSAfety'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.


MSAfety's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MSAfety's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MSAfety 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=158.00/3.57
=44.26

* 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.

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

For example, MSAfety'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)
=0.923/131.7762*131.7762
=0.923

Current CPI (Mar. 2024) = 131.7762.

MSAfety Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.028 100.560 -0.037
201409 0.530 100.428 0.695
201412 1.006 99.070 1.338
201503 -0.589 99.621 -0.779
201506 0.373 100.684 0.488
201509 -0.166 100.392 -0.218
201512 0.840 99.792 1.109
201603 -0.400 100.470 -0.525
201606 0.441 101.688 0.571
201609 0.312 101.861 0.404
201612 2.334 101.863 3.019
201703 2.300 102.862 2.947
201706 1.037 103.349 1.322
201709 0.810 104.136 1.025
201712 0.635 104.011 0.805
201803 0.295 105.290 0.369
201806 0.934 106.317 1.158
201809 2.437 106.507 3.015
201812 1.402 105.998 1.743
201903 -0.083 107.251 -0.102
201906 0.626 108.070 0.763
201909 0.945 108.329 1.150
201912 1.455 108.420 1.768
202003 0.162 108.902 0.196
202006 1.272 108.767 1.541
202009 0.308 109.815 0.370
202012 1.676 109.897 2.010
202103 0.768 111.754 0.906
202106 0.581 114.631 0.668
202109 0.653 115.734 0.744
202112 1.256 117.630 1.407
202203 0.380 121.301 0.413
202206 0.087 125.017 0.092
202209 1.413 125.227 1.487
202212 0.919 125.222 0.967
202303 -7.008 127.348 -7.252
202306 1.994 128.729 2.041
202309 2.663 129.860 2.702
202312 3.365 129.419 3.426
202403 0.923 131.776 0.923

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.


MSAfety  (STU:M07) 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.


MSAfety Cyclically Adjusted Price-to-FCF Related Terms

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


MSAfety (STU:M07) Business Description

Industry
Traded in Other Exchanges
Address
1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.

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