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FMC (BSP:F1MC34) Cyclically Adjusted Price-to-FCF : 29.26 (As of Apr. 29, 2024)


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What is FMC Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), FMC's current share price is R$150.69. FMC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$5.15. FMC's Cyclically Adjusted Price-to-FCF for today is 29.26.

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

BSP:F1MC34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.41   Med: 54.89   Max: 86.71
Current: 27.63

During the past years, FMC's highest Cyclically Adjusted Price-to-FCF was 86.71. The lowest was 24.41. And the median was 54.89.

BSP:F1MC34's Cyclically Adjusted Price-to-FCF is ranked worse than
70% of 90 companies
in the Agriculture industry
Industry Median: 17.735 vs BSP:F1MC34: 27.63

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.

FMC's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$5.243. 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 R$5.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FMC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FMC'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.

FMC Cyclically Adjusted Price-to-FCF Chart

FMC 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 66.14 63.83 47.84 47.87 29.80

FMC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 47.87 60.83 55.52 35.57 29.80

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

For the Agricultural Inputs subindustry, FMC'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.


FMC's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FMC 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=150.69/5.15
=29.26

* 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.

FMC's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.243/129.4194*129.4194
=5.243

Current CPI (Dec. 2023) = 129.4194.

FMC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.386 99.695 -1.799
201406 1.442 100.560 1.856
201409 0.393 100.428 0.506
201412 1.309 99.070 1.710
201503 -3.929 99.621 -5.104
201506 1.114 100.684 1.432
201509 -2.325 100.392 -2.997
201512 -0.197 99.792 -0.255
201603 0.896 100.470 1.154
201606 1.510 101.688 1.922
201609 1.559 101.861 1.981
201612 1.167 101.863 1.483
201703 -0.505 102.862 -0.635
201706 3.436 103.349 4.303
201709 0.495 104.136 0.615
201712 0.184 104.011 0.229
201803 -1.122 105.290 -1.379
201806 3.547 106.317 4.318
201809 3.087 106.507 3.751
201812 -1.190 105.998 -1.453
201903 -4.271 107.251 -5.154
201906 0.515 108.070 0.617
201909 3.659 108.329 4.371
201912 6.612 108.420 7.893
202003 -6.438 108.902 -7.651
202006 4.509 108.767 5.365
202009 6.789 109.815 8.001
202012 7.263 109.897 8.553
202103 -7.091 111.754 -8.212
202106 4.051 114.631 4.574
202109 5.865 115.734 6.559
202112 12.249 117.630 13.477
202203 -12.930 121.301 -13.795
202206 3.020 125.017 3.126
202209 7.494 125.227 7.745
202212 12.150 125.222 12.557
202303 -18.806 127.348 -19.112
202306 1.705 128.729 1.714
202309 0.680 129.860 0.678
202312 5.243 129.419 5.243

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.


FMC  (BSP:F1MC34) 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.


FMC Cyclically Adjusted Price-to-FCF Related Terms

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


FMC (BSP:F1MC34) Business Description

Industry
Traded in Other Exchanges
Address
2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.

FMC (BSP:F1MC34) Headlines

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