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MMP Industries (NSE:MMP) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is MMP Industries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MMP Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MMP Industries'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.

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MMP Industries Cyclically Adjusted Price-to-FCF Chart

MMP Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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MMP Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of MMP Industries's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, MMP Industries'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.


MMP Industries's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMP Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MMP Industries 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.

MMP Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, MMP Industries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.919/146.8646*146.8646
=0.919

Current CPI (Mar23) = 146.8646.

MMP Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.709 91.425 4.352
201503 -2.220 97.163 -3.356
201603 4.273 102.518 6.121
201703 4.184 105.196 5.841
201803 4.384 109.786 5.865
201903 -10.230 118.202 -12.711
202003 -12.085 124.705 -14.232
202103 -0.940 131.771 -1.048
202203 -12.190 138.822 -12.896
202303 0.919 146.865 0.919

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.


MMP Industries  (NSE:MMP) 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.


MMP Industries Cyclically Adjusted Price-to-FCF Related Terms

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MMP Industries (NSE:MMP) Business Description

Traded in Other Exchanges
N/A
Address
B-24, Hingna Road, MIDC Area, Hingna Industrial Estate, Hingna, Nagpur, MH, IND, 440016
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.