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MDU Resources Group (FRA:MRE) Cyclically Adjusted FCF per Share : €0.31 (As of Mar. 2024)


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What is MDU Resources Group 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.

MDU Resources Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.175. 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 €0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MDU Resources Group's average Cyclically Adjusted FCF Growth Rate was -30.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.70% 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 MDU Resources Group was 175.90% per year. The lowest was -157.10% per year. And the median was 3.20% per year.

As of today (2024-05-22), MDU Resources Group's current stock price is €23.60. MDU Resources Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.31. MDU Resources Group's Cyclically Adjusted Price-to-FCF of today is 76.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MDU Resources Group was 86.90. The lowest was 18.74. And the median was 40.82.


MDU Resources Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MDU Resources Group'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.

MDU Resources Group Cyclically Adjusted FCF per Share Chart

MDU Resources Group 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 0.26 0.27 0.25 0.49 0.26

MDU Resources Group 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 0.45 0.54 0.56 0.26 0.31

Competitive Comparison of MDU Resources Group's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, MDU Resources Group'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.


MDU Resources Group's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MDU Resources Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MDU Resources Group 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, MDU Resources Group'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)
=0.175/131.7762*131.7762
=0.175

Current CPI (Mar. 2024) = 131.7762.

MDU Resources Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.195 100.560 0.256
201409 0.174 100.428 0.228
201412 0.441 99.070 0.587
201503 -0.173 99.621 -0.229
201506 -0.191 100.684 -0.250
201509 0.387 100.392 0.508
201512 0.556 99.792 0.734
201603 -0.318 100.470 -0.417
201606 -0.220 101.688 -0.285
201609 0.410 101.861 0.530
201612 0.492 101.863 0.636
201703 0.068 102.862 0.087
201706 -0.084 103.349 -0.107
201709 0.232 104.136 0.294
201712 0.246 104.011 0.312
201803 0.003 105.290 0.004
201806 -0.151 106.317 -0.187
201809 0.025 106.507 0.031
201812 -0.180 105.998 -0.224
201903 -0.596 107.251 -0.732
201906 -0.769 108.070 -0.938
201909 0.385 108.329 0.468
201912 0.836 108.420 1.016
202003 -0.272 108.902 -0.329
202006 0.322 108.767 0.390
202009 0.234 109.815 0.281
202012 0.583 109.897 0.699
202103 -0.065 111.754 -0.077
202106 -0.262 114.631 -0.301
202109 0.070 115.734 0.080
202112 0.317 117.630 0.355
202203 -0.169 121.301 -0.184
202206 -0.246 125.017 -0.259
202209 0.151 125.227 0.159
202212 0.426 125.222 0.448
202303 -0.711 127.348 -0.736
202306 -0.017 128.729 -0.017
202309 -0.168 129.860 -0.170
202312 0.039 129.419 0.040
202403 0.175 131.776 0.175

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


MDU Resources Group  (FRA:MRE) 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.

MDU Resources Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.60/0.31
=76.13

* 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 MDU Resources Group was 86.90. The lowest was 18.74. And the median was 40.82.


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.


MDU Resources Group Cyclically Adjusted FCF per Share Related Terms

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


MDU Resources Group (FRA:MRE) Business Description

Industry
Traded in Other Exchanges
Address
1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.

MDU Resources Group (FRA:MRE) Headlines

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