GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MLP SE (XTER:MLP) » Definitions » Cyclically Adjusted FCF per Share

MLP SE (XTER:MLP) Cyclically Adjusted FCF per Share : €1.74 (As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is MLP SE 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.

MLP SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.156. 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 €1.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MLP SE's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.50% 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 MLP SE was 29.60% per year. The lowest was 11.00% per year. And the median was 19.70% per year.

As of today (2024-06-09), MLP SE's current stock price is €6.48. MLP SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.74. MLP SE's Cyclically Adjusted Price-to-FCF of today is 3.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MLP SE was 7.58. The lowest was 2.88. And the median was 4.91.


MLP SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MLP SE'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.

MLP SE Cyclically Adjusted FCF per Share Chart

MLP SE 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 0.91 1.20 1.72 1.56 1.64

MLP SE 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 1.45 1.47 1.53 1.64 1.74

Competitive Comparison of MLP SE's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, MLP SE'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.


MLP SE's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MLP SE 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, MLP SE'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)
=1.156/125.0381*125.0381
=1.156

Current CPI (Mar. 2024) = 125.0381.

MLP SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 99.543 0.000
201409 0.110 99.823 0.138
201412 -0.061 99.543 -0.077
201503 0.338 99.717 0.424
201506 0.026 100.417 0.032
201509 0.102 100.417 0.127
201512 0.093 99.717 0.117
201603 0.682 100.017 0.853
201606 -0.052 100.717 -0.065
201609 0.197 101.017 0.244
201612 0.511 101.217 0.631
201703 0.244 101.417 0.301
201706 -0.190 102.117 -0.233
201709 0.400 102.717 0.487
201712 0.589 102.617 0.718
201803 0.645 102.917 0.784
201806 -0.149 104.017 -0.179
201809 0.155 104.718 0.185
201812 0.668 104.217 0.801
201903 1.071 104.217 1.285
201906 0.110 105.718 0.130
201909 -0.156 106.018 -0.184
201912 0.725 105.818 0.857
202003 1.466 105.718 1.734
202006 -0.040 106.618 -0.047
202009 0.546 105.818 0.645
202012 1.814 105.518 2.150
202103 2.583 107.518 3.004
202106 0.972 108.486 1.120
202109 0.706 109.435 0.807
202112 0.772 110.384 0.874
202203 -0.345 113.968 -0.379
202206 -0.493 115.760 -0.533
202209 -1.514 118.818 -1.593
202212 -0.333 119.345 -0.349
202303 -0.686 122.402 -0.701
202306 0.206 123.140 0.209
202309 0.466 124.195 0.469
202312 1.044 123.773 1.055
202403 1.156 125.038 1.156

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


MLP SE  (XTER:MLP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.48/1.74
=3.72

* 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 MLP SE was 7.58. The lowest was 2.88. And the median was 4.91.


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.


MLP SE Cyclically Adjusted FCF per Share Related Terms

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


MLP SE (XTER:MLP) Business Description

Industry
Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.
Executives
Reinhard Loose Board of Directors
Dr. Peter Lütke-bornefeld Chairman of the Supervisory Board

MLP SE (XTER:MLP) Headlines

From GuruFocus

Maui Land & Pineapple Company, Inc. Reports 1st Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-29-2022

MAUI LAND & PINEAPPLE APPOINTS MICHAEL S. HOTTA AS CFO

By Marketwired Marketwired 05-01-2020

Maui Land & Pineapple Company, Inc. Reports 1st Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-09-2022

Maui Land & Pineapple Company, Inc. Reports 1st Quarter 2022 Results

By GuruFocusNews GuruFocusNews 05-10-2022

Maui Land & Pineapple Company, Inc. Reports 1st Quarter 2022 Results

By GuruFocusNews GuruFocusNews 05-30-2022

Maui Land & Pineapple Company, Inc. Reports 2020 Results

By Marketwired Marketwired 03-02-2021

Maui Land & Pineapple Reports 2nd Quarter 2019 Results

By GlobeNewswire GlobeNewswire 08-08-2019