GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Locacao Servicos e Logistica SA (BSP:MILS3) » Definitions » Cyclically Adjusted Price-to-FCF

Mills Locacao Servicos e Logistica (BSP:MILS3) Cyclically Adjusted Price-to-FCF : 16.76 (As of Jun. 08, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Mills Locacao Servicos e Logistica Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Mills Locacao Servicos e Logistica's current share price is R$11.06. Mills Locacao Servicos e Logistica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$0.66. Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF for today is 16.76.

The historical rank and industry rank for Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:MILS3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.93   Med: 28.74   Max: 60.36
Current: 17.93

During the past years, Mills Locacao Servicos e Logistica's highest Cyclically Adjusted Price-to-FCF was 60.36. The lowest was 17.93. And the median was 28.74.

BSP:MILS3's Cyclically Adjusted Price-to-FCF is ranked better than
50.82% of 368 companies
in the Business Services industry
Industry Median: 18.145 vs BSP:MILS3: 17.93

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.

Mills Locacao Servicos e Logistica's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.161. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mills Locacao Servicos e Logistica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mills Locacao Servicos e Logistica'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.

* Premium members only.

Mills Locacao Servicos e Logistica Cyclically Adjusted Price-to-FCF Chart

Mills Locacao Servicos e Logistica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 30.17 30.49 20.49

Mills Locacao Servicos e Logistica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 28.40 26.38 22.63 20.49 -

Competitive Comparison of Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.


Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF falls into.



Mills Locacao Servicos e Logistica 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.

Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.06/0.66
=16.76

* 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.

Mills Locacao Servicos e Logistica's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Mills Locacao Servicos e Logistica's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.161/157.1481*157.1481
=0.161

Current CPI (Dec. 2023) = 157.1481.

Mills Locacao Servicos e Logistica Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.224 90.447 -0.389
201406 -0.111 91.838 -0.190
201409 0.316 92.602 0.536
201412 0.708 94.194 1.181
201503 0.550 97.799 0.884
201506 0.289 100.006 0.454
201509 0.290 101.392 0.449
201512 0.318 104.247 0.479
201603 0.535 106.979 0.786
201606 0.154 108.851 0.222
201609 0.166 109.986 0.237
201612 0.051 110.802 0.072
201703 0.056 111.869 0.079
201706 -0.048 112.115 -0.067
201709 0.018 112.777 0.025
201712 0.046 114.068 0.063
201803 0.099 114.868 0.135
201806 0.068 117.038 0.091
201809 -0.011 117.881 -0.015
201812 0.076 118.340 0.101
201903 0.146 120.124 0.191
201906 0.100 120.977 0.130
201909 0.029 121.292 0.038
201912 0.153 123.436 0.195
202003 0.143 124.092 0.181
202006 0.228 123.557 0.290
202009 0.085 125.095 0.107
202012 0.189 129.012 0.230
202103 0.159 131.660 0.190
202106 0.065 133.871 0.076
202109 0.192 137.913 0.219
202112 0.057 141.992 0.063
202203 0.189 146.537 0.203
202206 0.170 149.784 0.178
202209 -0.030 147.800 -0.032
202212 0.072 150.207 0.075
202303 -1.101 153.352 -1.128
202306 -0.357 154.519 -0.363
202309 0.483 155.464 0.488
202312 0.161 157.148 0.161

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.


Mills Locacao Servicos e Logistica  (BSP:MILS3) 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.


Mills Locacao Servicos e Logistica Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Mills Locacao Servicos e Logistica's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mills Locacao Servicos e Logistica (BSP:MILS3) Business Description

Traded in Other Exchanges
N/A
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Locacao Servicos e Logistica (BSP:MILS3) Headlines

No Headlines