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Melisron (XTAE:MLSR) Cyclically Adjusted Price-to-FCF : 14.59 (As of Jun. 23, 2024)


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What is Melisron Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Melisron's current share price is ₪243.00. Melisron's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪16.65. Melisron's Cyclically Adjusted Price-to-FCF for today is 14.59.

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

XTAE:MLSR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.57   Med: 15.84   Max: 21.95
Current: 14.81

During the past years, Melisron's highest Cyclically Adjusted Price-to-FCF was 21.95. The lowest was 8.57. And the median was 15.84.

XTAE:MLSR's Cyclically Adjusted Price-to-FCF is ranked worse than
57.94% of 699 companies
in the Real Estate industry
Industry Median: 12.13 vs XTAE:MLSR: 14.81

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.

Melisron's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪6.082. 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 ₪16.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melisron Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Melisron'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.

Melisron Cyclically Adjusted Price-to-FCF Chart

Melisron 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 - 14.08 21.48 16.70 17.30

Melisron 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 14.60 15.08 14.73 17.30 16.16

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

For the Real Estate Services subindustry, Melisron'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.


Melisron's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melisron's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Melisron 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=243.00/16.65
=14.59

* 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.

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

For example, Melisron'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)
=6.082/131.7762*131.7762
=6.082

Current CPI (Mar. 2024) = 131.7762.

Melisron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.183 100.560 2.861
201409 3.032 100.428 3.978
201412 2.465 99.070 3.279
201503 2.897 99.621 3.832
201506 2.958 100.684 3.871
201509 3.373 100.392 4.427
201512 3.218 99.792 4.249
201603 3.665 100.470 4.807
201606 2.135 101.688 2.767
201609 3.427 101.861 4.433
201612 2.826 101.863 3.656
201703 1.729 102.862 2.215
201706 2.240 103.349 2.856
201709 3.942 104.136 4.988
201712 3.200 104.011 4.054
201803 4.068 105.290 5.091
201806 3.385 106.317 4.196
201809 3.708 106.507 4.588
201812 3.276 105.998 4.073
201903 3.750 107.251 4.608
201906 3.994 108.070 4.870
201909 4.581 108.329 5.573
201912 4.022 108.420 4.888
202003 4.258 108.902 5.152
202006 0.885 108.767 1.072
202009 2.551 109.815 3.061
202012 -1.223 109.897 -1.466
202103 1.876 111.754 2.212
202106 4.426 114.631 5.088
202109 4.910 115.734 5.591
202112 4.089 117.630 4.581
202203 4.129 121.301 4.486
202206 4.445 125.017 4.685
202209 5.118 125.227 5.386
202212 5.335 125.222 5.614
202303 5.327 127.348 5.512
202306 5.306 128.729 5.432
202309 4.989 129.860 5.063
202312 4.695 129.419 4.780
202403 6.082 131.776 6.082

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.


Melisron  (XTAE:MLSR) 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.


Melisron Cyclically Adjusted Price-to-FCF Related Terms

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


Melisron (XTAE:MLSR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Beit Merkazim 2001 Building 1 Abba Eban Boulevard, Herzlia, ISR
Melisron Ltd is an Israel-based real estate company. The company is engaged, directly and through its subsidiaries, in the rental, management, improvement, and maintenance of its commercial and office space. Melisron owns and operates shopping malls and commercial centers and office parks. It is also engaged in the development of residential and commercial real estates.

Melisron (XTAE:MLSR) Headlines

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