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McNally Bharat Engineering Co (BOM:532629) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is McNally Bharat Engineering Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


McNally Bharat Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for McNally Bharat Engineering Co's Cyclically Adjusted Price-to-FCF 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.

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McNally Bharat Engineering Co Cyclically Adjusted Price-to-FCF Chart

McNally Bharat Engineering Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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McNally Bharat Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of McNally Bharat Engineering Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, McNally Bharat Engineering Co'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.


McNally Bharat Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, McNally Bharat Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where McNally Bharat Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



McNally Bharat Engineering Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

McNally Bharat Engineering Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, McNally Bharat Engineering Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.472/146.8646*146.8646
=0.472

Current CPI (Mar23) = 146.8646.

McNally Bharat Engineering Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -77.871 91.425 -125.092
201503 -152.760 97.163 -230.901
201603 -83.188 102.518 -119.173
201703 -105.169 105.196 -146.827
201803 -21.858 109.786 -29.240
201903 16.911 118.202 21.012
202003 -8.966 124.705 -10.559
202103 2.943 131.771 3.280
202203 -0.371 138.822 -0.392
202303 0.472 146.865 0.472

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


McNally Bharat Engineering Co  (BOM:532629) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


McNally Bharat Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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McNally Bharat Engineering Co (BOM:532629) Business Description

Traded in Other Exchanges
Address
Ecospace Business Park, Campus 2B, 11-12th Floor, New Town, Rajarhat, North 24 Parganas, Kolkata, WB, IND, 700160
McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas and infrastructure sectors such as buildings and townships, high rises, roads, metro, and rail. It also involves in development of real estate and resorts. The firm has five plants located across India.

McNally Bharat Engineering Co (BOM:532629) Headlines

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