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Mastercard (XSWX:MA) Cyclically Adjusted FCF per Share : CHF0.00 (As of Mar. 2024)


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What is Mastercard Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Mastercard's adjusted free cash flow per share for the three months ended in Mar. 2024 was CHF1.203. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mastercard's average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% 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 Mastercard was 24.90% per year. The lowest was 15.10% per year. And the median was 19.60% per year.

As of today (2024-06-10), Mastercard's current stock price is CHF265.00. Mastercard's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF0.00. Mastercard's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mastercard was 89.74. The lowest was 45.57. And the median was 60.05.


Mastercard Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mastercard'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.

Mastercard Cyclically Adjusted FCF per Share Chart

Mastercard 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 3.38 3.24 3.93 4.91 -

Mastercard 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 - - - - -

Competitive Comparison of Mastercard's Cyclically Adjusted FCF per Share

For the Credit Services subindustry, Mastercard'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.


Mastercard's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mastercard 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, Mastercard'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)
=1.203/131.7762*131.7762
=1.203

Current CPI (Mar. 2024) = 131.7762.

Mastercard Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.518 100.560 0.679
201409 1.062 100.428 1.394
201412 0.473 99.070 0.629
201503 0.726 99.621 0.960
201506 0.600 100.684 0.785
201509 1.001 100.392 1.314
201512 0.883 99.792 1.166
201603 0.867 100.470 1.137
201606 0.841 101.688 1.090
201609 1.173 101.861 1.517
201612 0.926 101.863 1.198
201703 0.586 102.862 0.751
201706 1.127 103.349 1.437
201709 1.492 104.136 1.888
201712 1.579 104.011 2.001
201803 0.815 105.290 1.020
201806 1.287 106.317 1.595
201809 2.077 106.507 2.570
201812 1.155 105.998 1.436
201903 1.134 107.251 1.393
201906 1.305 108.070 1.591
201909 2.076 108.329 2.525
201912 2.711 108.420 3.295
202003 1.567 108.902 1.896
202006 1.203 108.767 1.457
202009 1.356 109.815 1.627
202012 1.867 109.897 2.239
202103 1.229 111.754 1.449
202106 1.895 114.631 2.178
202109 2.138 115.734 2.434
202112 2.766 117.630 3.099
202203 1.410 121.301 1.532
202206 2.261 125.017 2.383
202209 3.599 125.227 3.787
202212 2.674 125.222 2.814
202303 1.517 127.348 1.570
202306 2.322 128.729 2.377
202309 2.822 129.860 2.864
202312 3.493 129.419 3.557
202403 1.203 131.776 1.203

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


Mastercard  (XSWX:MA) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mastercard was 89.74. The lowest was 45.57. And the median was 60.05.


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.


Mastercard Cyclically Adjusted FCF per Share Related Terms

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


Mastercard (XSWX:MA) Business Description

Industry
Address
2000 Purchase Street, Purchase, NY, USA, 10577
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.