Switch to:
GuruFocus has detected 4 Warning Signs with Magellan Midstream Partners LP $MMP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Magellan Midstream Partners LP (NYSE:MMP)
Price-to-Free-Cash-Flow
49.61 (As of Today)

As of today, Magellan Midstream Partners LP's share price is $74.71. Magellan Midstream Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was $1.51. Hence, Magellan Midstream Partners LP's Price-to-Free-Cash-Flow Ratio for today is 49.61.

MMP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.84   Max: 73.2
Current: 49.6

6.84
73.2

During the past 13 years, Magellan Midstream Partners LP's highest Price-to-Free-Cash-Flow Ratio was 73.20. The lowest was 6.84. And the median was 31.76.

MMP's Price-to-Free-Cash-Flow is ranked lower than
92% of the 62 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 17.48 vs. MMP: 49.60 )

Magellan Midstream Partners LP's Free Cash Flow per Share for the three months ended in Mar. 2017 was $0.54. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was $1.51.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Magellan Midstream Partners LP was -24.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -6.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 1.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 9.80% per year.

During the past 13 years, Magellan Midstream Partners LP's highest 3-Year average Free Cash Flow per Share Growth Rate was 44.60% per year. The lowest was -23.30% per year. And the median was 8.20% per year.


Definition

Magellan Midstream Partners LP's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=74.71/1.506
=49.61

Magellan Midstream Partners LP's Share Price of today is $74.71.
Magellan Midstream Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2017 was 0.118 (Jun. 2016 ) + 0.106 (Sep. 2016 ) + 0.739 (Dec. 2016 ) + 0.543 (Mar. 2017 ) = $1.51.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Magellan Midstream Partners LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
pfcf 23.6412.0370.1335.5820.6133.5140.8725.2934.5159.55

Magellan Midstream Partners LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
pfcf 25.2928.5630.1524.5434.5134.4042.6558.3259.5551.07
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK