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Mettler-Toledo International (Mettler-Toledo International) Cyclically Adjusted Price-to-FCF : 49.11 (As of Apr. 27, 2024)


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What is Mettler-Toledo International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Mettler-Toledo International's current share price is $1238.09. Mettler-Toledo International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $25.21. Mettler-Toledo International's Cyclically Adjusted Price-to-FCF for today is 49.11.

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

MTD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.07   Med: 58.35   Max: 97.67
Current: 49.11

During the past years, Mettler-Toledo International's highest Cyclically Adjusted Price-to-FCF was 97.67. The lowest was 39.07. And the median was 58.35.

MTD's Cyclically Adjusted Price-to-FCF is ranked worse than
71.43% of 63 companies
in the Medical Diagnostics & Research industry
Industry Median: 33.84 vs MTD: 49.11

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.

Mettler-Toledo International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $11.487. 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 $25.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mettler-Toledo International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Cyclically Adjusted Price-to-FCF Chart

Mettler-Toledo International 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 64.75 79.32 93.35 66.67 48.11

Mettler-Toledo International 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 66.67 67.67 55.52 45.22 48.11

Competitive Comparison of Mettler-Toledo International's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, Mettler-Toledo International'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.


Mettler-Toledo International's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mettler-Toledo International 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.

Mettler-Toledo International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1238.09/25.21
=49.11

* 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.

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

For example, Mettler-Toledo International'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)
=11.487/129.4194*129.4194
=11.487

Current CPI (Dec. 2023) = 129.4194.

Mettler-Toledo International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.868 99.695 1.127
201406 2.949 100.560 3.795
201409 3.501 100.428 4.512
201412 3.880 99.070 5.069
201503 1.393 99.621 1.810
201506 3.085 100.684 3.965
201509 3.742 100.392 4.824
201512 4.477 99.792 5.806
201603 0.990 100.470 1.275
201606 3.919 101.688 4.988
201609 4.558 101.861 5.791
201612 3.031 101.863 3.851
201703 1.752 102.862 2.204
201706 4.170 103.349 5.222
201709 4.127 104.136 5.129
201712 4.707 104.011 5.857
201803 1.793 105.290 2.204
201806 4.190 106.317 5.100
201809 4.462 106.507 5.422
201812 5.983 105.998 7.305
201903 3.021 107.251 3.645
201906 4.168 108.070 4.991
201909 5.987 108.329 7.153
201912 7.158 108.420 8.544
202003 1.917 108.902 2.278
202006 6.809 108.767 8.102
202009 8.452 109.815 9.961
202012 8.999 109.897 10.598
202103 5.669 111.754 6.565
202106 9.471 114.631 10.693
202109 10.296 115.734 11.513
202112 8.756 117.630 9.634
202203 3.111 121.301 3.319
202206 7.708 125.017 7.979
202209 9.669 125.227 9.993
202212 12.121 125.222 12.527
202303 5.845 127.348 5.940
202306 10.781 128.729 10.839
202309 11.118 129.860 11.080
202312 11.487 129.419 11.487

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.


Mettler-Toledo International  (NYSE:MTD) 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.


Mettler-Toledo International Cyclically Adjusted Price-to-FCF Related Terms

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


Mettler-Toledo International (Mettler-Toledo International) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.
Executives
Roland D Diggelmann director 3950 SOUTH COUNTRY CLUB ROAD, SUITE 470, TUCSON AZ 85714
Wolfgang Wienand director IM LANGACHER 44, GREIFENSEE V8 8606
Gerry Keller officer: Head of Process Analytics 1900 POLARIS PKWY, COLUMBUS OH 43240
Wong Ann Ping Richard officer: Head of Asia/Pac Market Orgs IM LANGACHER 44, GREIFENSEE V8 8606
Shawn Vadala officer: Chief Financial Officer 1900 POLARIS PKWY, COLUMBUS OH 43240
Wah-hui Chu director IM LANGACHER, GREIFENSEE V8 8606
Oliver A Filliol director METTLER TOLEDO INTL INC, IM LANGACHER 44, GREIFENSEE V8 8606
Christian Magloth officer: Head of Human Resources IM LANGACHER, GREIFENSEE V8 8608
Robert F Spoerry director METTLER TOLEDO INTL INC, IM LANGACHER, GREIFENSEE V8 99999
Peter Aggersbjerg officer: Head of Divisions & Operations 1900 POLARIS PKWY, COLUMBUS OH 43240
Ingrid Zhang director IM LANGACHER 44, GREIFENSEE V8 8606
De La Guerroniere Marc officer: Head of Eur & NA Market Orgs IM LANGACHER, GREIFENSEE V8 8606
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Michael A Kelly director 1900 POLARIS PKWY, COLUMBUS OH 43240
Patrick Kaltenbach officer: President and CEO IM LANGACHER 44, GREIFENSEE V8 8606