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Moelis (Moelis) Cyclically Adjusted Price-to-FCF : 6.98 (As of May. 26, 2024)


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What is Moelis Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Moelis's current share price is $57.88. Moelis's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.29. Moelis's Cyclically Adjusted Price-to-FCF for today is 6.98.

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

MC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.2   Med: 4.54   Max: 7.16
Current: 6.98

During the past years, Moelis's highest Cyclically Adjusted Price-to-FCF was 7.16. The lowest was 3.20. And the median was 4.54.

MC's Cyclically Adjusted Price-to-FCF is ranked better than
82.76% of 232 companies
in the Capital Markets industry
Industry Median: 18.915 vs MC: 6.98

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.

Moelis's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-2.268. 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 $8.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moelis Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Moelis'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.

Moelis Cyclically Adjusted Price-to-FCF Chart

Moelis 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 - - - 4.08 7.07

Moelis 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 3.58 4.41 4.54 7.07 6.85

Competitive Comparison of Moelis's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Moelis'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.


Moelis's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

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

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



Moelis 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.

Moelis's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=57.88/8.29
=6.98

* 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.

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

For example, Moelis'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)
=-2.268/131.7762*131.7762
=-2.268

Current CPI (Mar. 2024) = 131.7762.

Moelis Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.764 100.560 7.553
201409 4.531 100.428 5.945
201412 5.016 99.070 6.672
201503 -4.255 99.621 -5.628
201506 2.781 100.684 3.640
201509 3.005 100.392 3.944
201512 4.732 99.792 6.249
201603 -2.304 100.470 -3.022
201606 2.704 101.688 3.504
201609 3.248 101.861 4.202
201612 5.205 101.863 6.734
201703 -0.821 102.862 -1.052
201706 2.811 103.349 3.584
201709 1.536 104.136 1.944
201712 2.247 104.011 2.847
201803 0.142 105.290 0.178
201806 1.228 106.317 1.522
201809 3.027 106.507 3.745
201812 2.829 105.998 3.517
201903 -2.260 107.251 -2.777
201906 1.271 108.070 1.550
201909 1.050 108.329 1.277
201912 3.526 108.420 4.286
202003 -1.510 108.902 -1.827
202006 1.201 108.767 1.455
202009 1.501 109.815 1.801
202012 4.854 109.897 5.820
202103 -0.399 111.754 -0.470
202106 3.675 114.631 4.225
202109 4.592 115.734 5.228
202112 5.438 117.630 6.092
202203 -3.927 121.301 -4.266
202206 0.819 125.017 0.863
202209 1.781 125.227 1.874
202212 1.702 125.222 1.791
202303 -2.144 127.348 -2.219
202306 0.957 128.729 0.980
202309 1.969 129.860 1.998
202312 1.359 129.419 1.384
202403 -2.268 131.776 -2.268

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.


Moelis  (NYSE:MC) 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.


Moelis Cyclically Adjusted Price-to-FCF Related Terms

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


Moelis (Moelis) Business Description

Industry
Traded in Other Exchanges
Address
399 Park Avenue, 4th Floor, New York, NY, USA, 10022
Moelis & Co is an independent investment bank that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds. The company assists its clients in achieving their strategic goals by offering comprehensive, globally integrated financial advisory services across all industry sectors. It also advises clients on their critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. it generates revenue from advisory transactions. The firm derives a majority of its revenue from the United States followed by Europe and the rest of the World.
Executives
Kenneth Moelis director, 10 percent owner, officer: Chairman and CEO C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Ciafone Katherine Pilcher officer: Chief Operating Officer 399 PARK AVE, NEW YORK NY 10022
Kenneth Shropshire director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10011
Elizabeth Crain officer: Chief Operating Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Navid Mahmoodzadegan director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Osamu R. Watanabe officer: General Counsel and Secretary C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Jeffrey Raich director, officer: Managing Director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Callesano officer: SVP & Principal Acct Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Laila Worrell director 399 PARK AVENUE, NEW YORK NY 10022
Joseph Simon officer: Chief Financial Officer C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Yolonda C Richardson director 399 PARK AVENUE, NEW YORK NY 10022
Leaman J Richard Iii director, officer: Managing Partner C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
John A Allison director PO BOX 1250, WINSTON SALEM NC 27102-1250
Yvonne Greenstreet director PACIRA PHARMACEUTICALS, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Eric Cantor director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022

Moelis (Moelis) Headlines

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