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Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Cyclically Adjusted Price-to-FCF : 13.15 (As of Jun. 08, 2024)


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What is Multiplan Empreendimentos Imobiliarios Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Multiplan Empreendimentos Imobiliarios's current share price is R$22.88. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$1.74. Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF for today is 13.15.

The historical rank and industry rank for Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:MULT3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.41   Med: 17.38   Max: 28.33
Current: 13.14

During the past years, Multiplan Empreendimentos Imobiliarios's highest Cyclically Adjusted Price-to-FCF was 28.33. The lowest was 11.41. And the median was 17.38.

BSP:MULT3's Cyclically Adjusted Price-to-FCF is ranked worse than
52.8% of 697 companies
in the Real Estate industry
Industry Median: 12.18 vs BSP:MULT3: 13.14

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.

Multiplan Empreendimentos Imobiliarios's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.540. 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$1.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Multiplan Empreendimentos Imobiliarios'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.

Multiplan Empreendimentos Imobiliarios Cyclically Adjusted Price-to-FCF Chart

Multiplan Empreendimentos Imobiliarios 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 26.72 19.10 12.75 13.91 16.62

Multiplan Empreendimentos Imobiliarios 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 15.19 16.81 14.73 16.62 14.69

Competitive Comparison of Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Multiplan Empreendimentos Imobiliarios'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.


Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Multiplan Empreendimentos Imobiliarios 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.

Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.88/1.74
=13.15

* 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.

Multiplan Empreendimentos Imobiliarios's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Multiplan Empreendimentos Imobiliarios'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)
=0.54/159.3724*159.3724
=0.540

Current CPI (Mar. 2024) = 159.3724.

Multiplan Empreendimentos Imobiliarios Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.163 91.838 0.283
201409 0.297 92.602 0.511
201412 0.243 94.194 0.411
201503 0.315 97.799 0.513
201506 0.166 100.006 0.265
201509 0.303 101.392 0.476
201512 0.388 104.247 0.593
201603 0.316 106.979 0.471
201606 0.206 108.851 0.302
201609 0.347 109.986 0.503
201612 0.303 110.802 0.436
201703 0.332 111.869 0.473
201706 0.299 112.115 0.425
201709 0.347 112.777 0.490
201712 0.264 114.068 0.369
201803 0.289 114.868 0.401
201806 0.273 117.038 0.372
201809 0.410 117.881 0.554
201812 0.377 118.340 0.508
201903 0.415 120.124 0.551
201906 0.254 120.977 0.335
201909 0.383 121.292 0.503
201912 0.478 123.436 0.617
202003 0.369 124.092 0.474
202006 0.032 123.557 0.041
202009 0.135 125.095 0.172
202012 0.269 129.012 0.332
202103 0.150 131.660 0.182
202106 0.132 133.871 0.157
202109 0.419 137.913 0.484
202112 0.437 141.992 0.490
202203 0.516 146.537 0.561
202206 -0.728 149.784 -0.775
202209 1.693 147.800 1.826
202212 0.511 150.207 0.542
202303 0.518 153.352 0.538
202306 0.378 154.519 0.390
202309 0.571 155.464 0.585
202312 0.506 157.148 0.513
202403 0.540 159.372 0.540

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.


Multiplan Empreendimentos Imobiliarios  (BSP:MULT3) 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.


Multiplan Empreendimentos Imobiliarios Cyclically Adjusted Price-to-FCF Related Terms

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Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Business Description

Traded in Other Exchanges
Address
Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102
Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. The vast majority of the company's revenue is derived from its properties for lease segment, which leases shopping malls. The properties for sale segment builds and sells properties in the surrounding areas of the shopping malls. The company generates its revenue in Brazil. The company utilizes merger and acquisition investment as part of its growth strategy.

Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Headlines

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