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Monster Worldwide (Monster Worldwide) Free Cash Flow per Share : $-0.34 (TTM As of Sep. 2016)


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What is Monster Worldwide Free Cash Flow per Share?

Monster Worldwide's Free Cash Flow per Share for the three months ended in Sep. 2016 was $-0.10. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2016 was $-0.34.

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 FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for Monster Worldwide's Free Cash Flow per Share or its related term are showing as below:

MWW's 3-Year FCF Growth Rate is not ranked *
in the Business Services industry.
Industry Median: 2.7
* Ranked among companies with meaningful 3-Year FCF Growth Rate only.

Monster Worldwide Free Cash Flow per Share Historical Data

The historical data trend for Monster Worldwide's Free Cash Flow 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.

Monster Worldwide Free Cash Flow per Share Chart

Monster Worldwide Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Free Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 -0.06 0.01 0.44 0.45

Monster Worldwide Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Free Cash Flow 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 0.06 0.12 -0.21 -0.15 -0.10

Competitive Comparison of Monster Worldwide's Free Cash Flow per Share

For the Staffing & Employment Services subindustry, Monster Worldwide's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Monster Worldwide's Price-to-Free-Cash-Flow Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Monster Worldwide's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Monster Worldwide's Price-to-Free-Cash-Flow falls into.



Monster Worldwide Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

Monster Worldwide's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2015 is calculated as

Free Cash Flow Per Share(A: Dec. 2015 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(73.763+-31.205)/94.867
=42.558/94.867
=0.45

Monster Worldwide's Free Cash Flow Per Share for the quarter that ended in Sep. 2016 is calculated as

Free Cash Flow Per Share(Q: Sep. 2016 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(1.385+-9.985)/88.932
=-8.6/88.932
=-0.10

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34

* 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.


Monster Worldwide  (NYSE:MWW) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec15, Monster Worldwide's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec15)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.09238095/3.61+0.1162
=9.06 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Monster Worldwide Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of Monster Worldwide's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Monster Worldwide (Monster Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
Monster Worldwide Inc was incorporated in Delaware on August 30, 1996. The Company together with its subsidiaries is engaged in connecting people to jobs, wherever they are. The Company offers services in approximately more than 40 countries, providing some of the sophisticated job seeking, career management, recruitment and talent management capabilities. The Company provides its services through digital, social and mobile solutions, including its flagship website monster.com and other products and services. The Company operates through two segments including Careers-North America and Careers-International. It offers placement of job advertisements on the websites within the Monster network, access to the Monster network of online resume and social profile databases, recruitment media services and other career-related services. The Company's segments provide online services to customers in diversified industries throughout North America, Europe, and the Asia-Pacific region. The Company's services and solutions include searchable job advertisements; resume database access; recruitment media solutions through advertising network and partnerships; social job distribution through Twitter and Facebook; display advertising; lead generation; social profile aggregation; and other career-related content. In addition, the Company has alliances with media and publishing companies, including approximately 1,000 newspapers in the United States, which extends its presence with local and regional job seekers. The Company's sales resources consist of field sales, telesales, a self-service e-Commerce channel, and resellers such as newspapers and recruitment advertising agencies. Its sales activities are geared toward enterprise, small and medium sized businesses ("SMBs"), staffing companies, government agencies, and advertising agencies. Its customers are comprised of enterprise organizations, small and medium-sized organizations, federal, state and local government agencies, educational institutions and individuals. The Company faces competition from a number of sources including other employment-related websites, general classified advertising websites, professional networking and social networking websites, traditional media companies, Internet portals, search engines and general-interest websites such as blogs.
Executives
Giambastiani Edmund P Jr director C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Timothy T Yates director, officer: CEO and CFO ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017
Miller Michael Connolly officer: EVP, GC and Secretary C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Gillian Munson director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Michael B Mcguinness officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
James M Langrock officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Cynthia Mccague director PIER 1 IMPORTS, INC., 100 PIER 1 PLACE, FORT WORTH TX 76102
Robert J Chrenc director C/O SYMBOL TECHNOLOGIES INC, ONE SYMBOL PLAZA, HOLTSVILLE NY 11768
Ceree Eberly director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Ronald J Kramer director C/O WYNN RESORTS LTD, 3145 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Andrew J Mckelvey 10 percent owner C/O MONSTER WORLDWIDE, INC, 622 THIRD AVE, NEW YORK NY 10017
Charles Baker officer: SVP - Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Philip R Lochner director 699 LAKE AVENUE, GREENWICH CT 06830
Michael Sileck officer: Sr. VP/Chief Financial Officer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902