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Milisystem (WAR:MLM) Cyclically Adjusted FCF per Share : zł-0.04 (As of Sep. 2023)


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What is Milisystem Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Milisystem's adjusted free cash flow per share for the three months ended in Sep. 2023 was zł-0.123. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is zł-0.04 for the trailing ten years ended in Sep. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-27), Milisystem's current stock price is zł1.44. Milisystem's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was zł-0.04. Milisystem's Cyclically Adjusted Price-to-FCF of today is .


Milisystem Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Milisystem's Cyclically Adjusted FCF per Share 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.

Milisystem Cyclically Adjusted FCF per Share Chart

Milisystem Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.03

Milisystem Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted FCF per Share 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 -0.02 -0.03 -0.03 - -0.04

Competitive Comparison of Milisystem's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Milisystem'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.


Milisystem's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Milisystem's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Milisystem Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Milisystem's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.123/146.1131*146.1131
=-0.123

Current CPI (Sep. 2023) = 146.1131.

Milisystem Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.002 101.018 -0.003
201403 -0.014 101.262 -0.020
201406 -0.017 101.180 -0.025
201409 0.017 100.611 0.025
201412 0.003 100.122 0.004
201503 0.006 100.041 0.009
201506 -0.003 100.448 -0.004
201509 0.005 99.634 0.007
201512 0.001 99.471 0.001
201603 -0.014 98.983 -0.021
201606 0.003 99.552 0.004
201609 -0.001 99.064 -0.001
201612 -0.005 100.366 -0.007
201703 -0.004 101.018 -0.006
201706 -0.011 101.180 -0.016
201709 0.003 101.343 0.004
201712 0.002 102.564 0.003
201803 0.018 102.564 0.026
201806 0.005 103.378 0.007
201809 -0.010 103.378 -0.014
201812 0.004 103.785 0.006
201903 -0.018 104.274 -0.025
201906 0.017 105.983 0.023
201909 -0.006 105.983 -0.008
201912 -0.002 107.123 -0.003
202003 0.000 109.076 0.000
202006 -0.032 109.402 -0.043
202009 0.002 109.320 0.003
202012 -0.017 109.565 -0.023
202103 -0.013 112.658 -0.017
202106 -0.004 113.960 -0.005
202109 -0.010 115.588 -0.013
202112 -0.035 119.088 -0.043
202203 -0.002 125.031 -0.002
202206 0.000 131.705 0.000
202209 -0.025 135.531 -0.027
202212 -0.070 139.113 -0.074
202303 0.008 145.950 0.008
202306 0.000 147.009 0.000
202309 -0.123 146.113 -0.123

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Milisystem  (WAR:MLM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Milisystem Cyclically Adjusted FCF per Share Related Terms

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


Milisystem (WAR:MLM) Business Description

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Intelligent Gaming Solutions SA, formerly 2INTELLECT.COM SA is a manufacturer and supplier of information technology to support decision-making processes at every level of management in the company.