GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Munters Group AB (OTCPK:MMNNF) » Definitions » Cyclically Adjusted Price-to-FCF

Munters Group AB (Munters Group AB) Cyclically Adjusted Price-to-FCF : 162.50 (As of Jun. 02, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Munters Group AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Munters Group AB's current share price is $21.125. Munters Group AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.13. Munters Group AB's Cyclically Adjusted Price-to-FCF for today is 162.50.

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

MMNNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 90.3   Med: 98.26   Max: 137.4
Current: 137.4

During the past 10 years, Munters Group AB's highest Cyclically Adjusted Price-to-FCF was 137.40. The lowest was 90.30. And the median was 98.26.

MMNNF's Cyclically Adjusted Price-to-FCF is ranked worse than
86.4% of 1037 companies
in the Industrial Products industry
Industry Median: 33.08 vs MMNNF: 137.40

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.

Munters Group AB's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.212. 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 $0.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Munters Group AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Munters Group AB'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.

Munters Group AB Cyclically Adjusted Price-to-FCF Chart

Munters Group AB 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 - - - - 98.01

Munters Group AB 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 - - - 98.01 -

Competitive Comparison of Munters Group AB's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Munters Group AB'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.


Munters Group AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Munters Group AB 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.

Munters Group AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.125/0.13
=162.50

* 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.

Munters Group AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Munters Group AB's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.212/131.9118*131.9118
=0.212

Current CPI (Dec23) = 131.9118.

Munters Group AB Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.047 100.225 -0.062
201512 0.129 100.276 0.170
201612 0.056 102.022 0.072
201712 0.065 103.793 0.083
201812 0.126 105.912 0.157
201912 0.277 107.766 0.339
202012 0.501 108.296 0.610
202112 0.107 112.486 0.125
202212 0.123 126.365 0.128
202312 0.212 131.912 0.212

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.


Munters Group AB  (OTCPK:MMNNF) 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.


Munters Group AB Cyclically Adjusted Price-to-FCF Related Terms

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


Munters Group AB (Munters Group AB) Business Description

Traded in Other Exchanges
Address
Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions primarily within the food, pharmaceutical and data center sectors. The company operates in two reportable segments that are AirTech and FoodTech. The product portfolio comprises air intakes/air inlets, temperature and humidity control air treatment systems, fans and light filters, heat exchangers, heaters, mist eliminators, pollution control and volatile organic compounds abatement technologies to remove liquid and solvents from the air.