GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MaxiPizza SA (WAR:MXP) » Definitions » Cyclically Adjusted Price-to-FCF

MaxiPizza (WAR:MXP) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


View and export this data going back to 2008. Start your Free Trial

What is MaxiPizza Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MaxiPizza Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MaxiPizza'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.

MaxiPizza Cyclically Adjusted Price-to-FCF Chart

MaxiPizza Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MaxiPizza Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

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

For the Restaurants subindustry, MaxiPizza'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.


MaxiPizza's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MaxiPizza's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MaxiPizza 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.

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

For example, MaxiPizza'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)
=0.023/146.1131*146.1131
=0.023

Current CPI (Sep. 2023) = 146.1131.

MaxiPizza Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.048 101.018 0.069
201403 -0.010 101.262 -0.014
201406 0.034 101.180 0.049
201409 -0.015 100.611 -0.022
201412 0.014 100.122 0.020
201503 0.024 100.041 0.035
201506 0.024 100.448 0.035
201509 -0.006 99.634 -0.009
201512 -0.006 99.471 -0.009
201603 0.027 98.983 0.040
201606 0.032 99.552 0.047
201609 0.021 99.064 0.031
201612 0.026 100.366 0.038
201703 0.011 101.018 0.016
201706 -0.001 101.180 -0.001
201709 -0.030 101.343 -0.043
201712 0.012 102.564 0.017
201803 0.071 102.564 0.101
201806 -0.398 103.378 -0.563
201809 -0.045 103.378 -0.064
201812 0.023 103.785 0.032
201903 0.096 104.274 0.135
201906 -0.002 105.983 -0.003
201909 -0.017 105.983 -0.023
201912 -0.121 107.123 -0.165
202003 -0.005 109.076 -0.007
202006 0.035 109.402 0.047
202009 0.045 109.320 0.060
202012 -0.092 109.565 -0.123
202103 -0.114 112.658 -0.148
202106 -0.078 113.960 -0.100
202109 0.027 115.588 0.034
202112 0.189 119.088 0.232
202203 -0.059 125.031 -0.069
202206 -0.014 131.705 -0.016
202209 -0.012 135.531 -0.013
202212 0.000 139.113 0.000
202303 -0.007 145.950 -0.007
202306 0.059 147.009 0.059
202309 0.023 146.113 0.023

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.


MaxiPizza  (WAR:MXP) 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.


MaxiPizza Cyclically Adjusted Price-to-FCF Related Terms

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


MaxiPizza (WAR:MXP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ul. Sloneczna 1, Kielce, POL, 25-731
MaxiPizza SA owns and operates fast-food restaurants in Poland. It primarily offers various types of pizzas on thin or thick crust.

MaxiPizza (WAR:MXP) Headlines

No Headlines