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Mativ Holdings (FRA:MH2) Cyclically Adjusted FCF per Share : €3.39 (As of Mar. 2024)


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What is Mativ Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Mativ Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.426. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €3.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mativ Holdings's average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mativ Holdings was 43.50% per year. The lowest was -2.10% per year. And the median was 10.90% per year.

As of today (2024-05-26), Mativ Holdings's current stock price is €17.20. Mativ Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.39. Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is 5.07.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mativ Holdings was 46.02. The lowest was 3.08. And the median was 12.22.


Mativ Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mativ Holdings's Cyclically Adjusted FCF 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.

Mativ Holdings Cyclically Adjusted FCF per Share Chart

Mativ Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 3.10 3.69 3.84 3.40

Mativ Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF 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 3.64 3.59 3.65 3.40 3.39

Competitive Comparison of Mativ Holdings's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Mativ Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mativ Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.426/131.7762*131.7762
=-0.426

Current CPI (Mar. 2024) = 131.7762.

Mativ Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.780 100.560 1.022
201409 0.590 100.428 0.774
201412 1.736 99.070 2.309
201503 0.177 99.621 0.234
201506 1.181 100.684 1.546
201509 0.568 100.392 0.746
201512 1.634 99.792 2.158
201603 0.381 100.470 0.500
201606 0.839 101.688 1.087
201609 0.649 101.861 0.840
201612 1.096 101.863 1.418
201703 0.034 102.862 0.044
201706 0.667 103.349 0.850
201709 1.076 104.136 1.362
201712 0.749 104.011 0.949
201803 0.413 105.290 0.517
201806 0.730 106.317 0.905
201809 0.851 106.507 1.053
201812 1.061 105.998 1.319
201903 0.124 107.251 0.152
201906 0.939 108.070 1.145
201909 1.708 108.329 2.078
201912 0.908 108.420 1.104
202003 -0.088 108.902 -0.106
202006 1.022 108.767 1.238
202009 1.399 109.815 1.679
202012 1.161 109.897 1.392
202103 0.137 111.754 0.162
202106 -0.077 114.631 -0.089
202109 -0.011 115.734 -0.013
202112 0.957 117.630 1.072
202203 -0.133 121.301 -0.144
202206 0.096 125.017 0.101
202209 -0.204 125.227 -0.215
202212 2.874 125.222 3.024
202303 -0.600 127.348 -0.621
202306 0.203 128.729 0.208
202309 0.437 129.860 0.443
202312 0.638 129.419 0.650
202403 -0.426 131.776 -0.426

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mativ Holdings  (FRA:MH2) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Mativ Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.20/3.39
=5.07

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mativ Holdings was 46.02. The lowest was 3.08. And the median was 12.22.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mativ Holdings Cyclically Adjusted FCF per Share Related Terms

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


Mativ Holdings (FRA:MH2) Business Description

Industry
Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

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