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Meta Platforms (NEOE:META) Cyclically Adjusted Price-to-FCF : 55.30 (As of Jun. 06, 2024)


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What is Meta Platforms Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Meta Platforms's current share price is C$27.65. Meta Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.50. Meta Platforms's Cyclically Adjusted Price-to-FCF for today is 55.30.

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

NEOE:META' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.25   Med: 42.71   Max: 82.15
Current: 55.68

During the past years, Meta Platforms's highest Cyclically Adjusted Price-to-FCF was 82.15. The lowest was 14.25. And the median was 42.71.

NEOE:META's Cyclically Adjusted Price-to-FCF is ranked worse than
82.35% of 136 companies
in the Interactive Media industry
Industry Median: 22.125 vs NEOE:META: 55.68

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.

Meta Platforms's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.310. 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 C$0.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted Price-to-FCF Chart

Meta Platforms 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 - 70.50 61.18 18.36 42.66

Meta Platforms 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 30.62 38.97 37.91 42.66 54.61

Competitive Comparison of Meta Platforms's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Meta Platforms 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.65/0.5
=55.30

* 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.

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

For example, Meta Platforms'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)
=0.31/131.7762*131.7762
=0.310

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 100.560 0.022
201409 0.015 100.428 0.020
201412 0.056 99.070 0.074
201503 0.025 99.621 0.033
201506 0.027 100.684 0.035
201509 0.031 100.392 0.041
201512 0.086 99.792 0.114
201603 0.050 100.470 0.066
201606 0.055 101.688 0.071
201609 0.062 101.861 0.080
201612 0.078 101.863 0.101
201703 0.081 102.862 0.104
201706 0.083 103.349 0.106
201709 0.085 104.136 0.108
201712 0.109 104.011 0.138
201803 0.104 105.290 0.130
201806 0.059 106.317 0.073
201809 0.087 106.507 0.108
201812 0.072 105.998 0.090
201903 0.119 107.251 0.146
201906 0.108 108.070 0.132
201909 0.124 108.329 0.151
201912 0.107 108.420 0.130
202003 0.170 108.902 0.206
202006 0.014 108.767 0.017
202009 0.131 109.815 0.157
202012 0.194 109.897 0.233
202103 0.162 111.754 0.191
202106 0.171 114.631 0.197
202109 0.202 115.734 0.230
202112 0.271 117.630 0.304
202203 0.187 121.301 0.203
202206 0.102 125.017 0.108
202209 0.007 125.227 0.007
202212 0.131 125.222 0.138
202303 0.177 127.348 0.183
202306 0.264 128.729 0.270
202309 0.332 129.860 0.337
202312 0.278 129.419 0.283
202403 0.310 131.776 0.310

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.


Meta Platforms  (NEOE:META) 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.


Meta Platforms Cyclically Adjusted Price-to-FCF Related Terms

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


Meta Platforms (NEOE:META) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (NEOE:META) Headlines

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