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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2021)


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What is MMX Mineracao E Metalicos 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.

MMX Mineracao E Metalicos's adjusted free cash flow per share for the three months ended in Mar. 2021 was $0.007. 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 $0.00 for the trailing ten years ended in Mar. 2021.

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.

As of today (2024-05-24), MMX Mineracao E Metalicos's current stock price is $0.6063. MMX Mineracao E Metalicos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2021 was $0.00. MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF of today is .


MMX Mineracao E Metalicos Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MMX Mineracao E Metalicos'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.

MMX Mineracao E Metalicos Cyclically Adjusted FCF per Share Chart

MMX Mineracao E Metalicos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted FCF per Share
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MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of MMX Mineracao E Metalicos's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MMX Mineracao E Metalicos's Cyclically Adjusted Price-to-FCF falls into.



MMX Mineracao E Metalicos 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, MMX Mineracao E Metalicos's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.007/131.6604*131.6604
=0.007

Current CPI (Mar. 2021) = 131.6604.

MMX Mineracao E Metalicos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 -0.410 77.018 -0.701
201109 0.021 77.837 0.036
201112 -0.172 78.971 -0.287
201203 -0.229 79.938 -0.377
201206 -57.508 80.803 -93.703
201209 -0.196 81.948 -0.315
201212 -0.408 83.581 -0.643
201303 -0.282 85.205 -0.436
201306 -1.216 86.214 -1.857
201309 0.019 86.749 0.029
201312 -0.673 88.522 -1.001
201403 0.136 90.447 0.198
201406 0.249 91.838 0.357
201409 -0.095 92.602 -0.135
201412 0.052 94.194 0.073
201503 -0.018 97.799 -0.024
201506 0.049 100.006 0.065
201509 -0.016 101.392 -0.021
201512 -0.186 104.247 -0.235
201603 -12.819 106.979 -15.777
201606 -0.324 108.851 -0.392
201609 -0.251 109.986 -0.300
201612 1.308 110.802 1.554
201703 -0.369 111.869 -0.434
201706 -0.008 112.115 -0.009
201709 -0.141 112.777 -0.165
201712 -0.164 114.068 -0.189
201803 -0.099 114.868 -0.113
201806 -0.037 117.038 -0.042
201809 0.012 117.881 0.013
201812 -0.024 118.340 -0.027
201903 -0.008 120.124 -0.009
201906 0.035 120.977 0.038
201909 0.021 121.292 0.023
201912 -0.015 123.436 -0.016
202003 -0.014 124.092 -0.015
202006 0.013 123.557 0.014
202009 -0.032 125.095 -0.034
202012 -0.002 129.012 -0.002
202103 0.007 131.660 0.007

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


MMX Mineracao E Metalicos  (GREY:MMXXF) 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.


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.


MMX Mineracao E Metalicos Cyclically Adjusted FCF per Share Related Terms

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


MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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