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Methanex (FRA:MX5) Cyclically Adjusted FCF per Share : €4.21 (As of Mar. 2024)


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What is Methanex 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.

Methanex's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.590. 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 €4.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Methanex's average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.80% 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 Methanex was 81.00% per year. The lowest was -24.80% per year. And the median was 15.50% per year.

As of today (2024-06-04), Methanex's current stock price is €49.20. Methanex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.21. Methanex's Cyclically Adjusted Price-to-FCF of today is 11.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Methanex was 115.29. The lowest was 4.16. And the median was 28.91.


Methanex Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Methanex'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.

Methanex Cyclically Adjusted FCF per Share Chart

Methanex 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 2.40 2.38 3.26 3.72 4.18

Methanex 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 3.70 3.95 4.06 4.18 4.21

Competitive Comparison of Methanex's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Methanex'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.


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

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

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



Methanex 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, Methanex'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)
=0.59/126.2576*126.2576
=0.590

Current CPI (Mar. 2024) = 126.2576.

Methanex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.921 99.473 1.169
201409 -0.360 99.394 -0.457
201412 0.293 98.367 0.376
201503 -0.670 99.789 -0.848
201506 -0.443 100.500 -0.557
201509 0.357 100.421 0.449
201512 -0.531 99.947 -0.671
201603 0.545 101.054 0.681
201606 -0.119 102.002 -0.147
201609 0.452 101.765 0.561
201612 0.409 101.449 0.509
201703 2.027 102.634 2.494
201706 2.160 103.029 2.647
201709 0.840 103.345 1.026
201712 1.857 103.345 2.269
201803 1.820 105.004 2.188
201806 2.208 105.557 2.641
201809 2.051 105.636 2.451
201812 1.631 105.399 1.954
201903 1.427 106.979 1.684
201906 0.579 107.690 0.679
201909 0.017 107.611 0.020
201912 0.180 107.769 0.211
202003 0.271 107.927 0.317
202006 1.182 108.401 1.377
202009 -0.564 108.164 -0.658
202012 0.493 108.559 0.573
202103 1.134 110.298 1.298
202106 2.110 111.720 2.385
202109 2.608 112.905 2.916
202112 2.543 113.774 2.822
202203 2.334 117.646 2.505
202206 -0.402 120.806 -0.420
202209 2.590 120.648 2.710
202212 0.952 120.964 0.994
202303 0.484 122.702 0.498
202306 1.154 124.203 1.173
202309 -0.474 125.230 -0.478
202312 1.707 125.072 1.723
202403 0.590 126.258 0.590

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


Methanex  (FRA:MX5) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=49.20/4.21
=11.69

* 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 Methanex was 115.29. The lowest was 4.16. And the median was 28.91.


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.


Methanex Cyclically Adjusted FCF per Share Related Terms

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


Methanex (FRA:MX5) Business Description

Industry
Traded in Other Exchanges
Address
200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.

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