GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Malmbergs Elektriska AB (OSTO:MEAB B) » Definitions » Cyclically Adjusted Price-to-FCF

Malmbergs Elektriska AB (OSTO:MEAB B) Cyclically Adjusted Price-to-FCF : 4.55 (As of May. 23, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Malmbergs Elektriska AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Malmbergs Elektriska AB's current share price is kr41.90. Malmbergs Elektriska AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr9.20. Malmbergs Elektriska AB's Cyclically Adjusted Price-to-FCF for today is 4.55.

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

OSTO:MEAB B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.25   Med: 7.76   Max: 15.6
Current: 4.54

During the past years, Malmbergs Elektriska AB's highest Cyclically Adjusted Price-to-FCF was 15.60. The lowest was 4.25. And the median was 7.76.

OSTO:MEAB B's Cyclically Adjusted Price-to-FCF is ranked better than
95.65% of 920 companies
in the Hardware industry
Industry Median: 30.97 vs OSTO:MEAB B: 4.54

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.

Malmbergs Elektriska AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-0.597. 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 kr9.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malmbergs Elektriska AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Malmbergs Elektriska 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.

Malmbergs Elektriska AB Cyclically Adjusted Price-to-FCF Chart

Malmbergs Elektriska 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 8.81 7.37 8.24 5.37 4.97

Malmbergs Elektriska 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 5.94 5.42 5.19 4.97 4.55

Competitive Comparison of Malmbergs Elektriska AB's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Malmbergs Elektriska 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.


Malmbergs Elektriska AB's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Malmbergs Elektriska AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Malmbergs Elektriska 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.

Malmbergs Elektriska AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.90/9.2
=4.55

* 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.

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

For example, Malmbergs Elektriska AB'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)
=-0.597/132.2054*132.2054
=-0.597

Current CPI (Mar. 2024) = 132.2054.

Malmbergs Elektriska AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.005 100.432 0.007
201409 0.751 100.161 0.991
201412 9.954 100.225 13.130
201503 0.268 99.950 0.354
201506 2.248 99.995 2.972
201509 -2.089 100.228 -2.755
201512 6.007 100.276 7.920
201603 3.426 100.751 4.496
201606 0.309 101.019 0.404
201609 5.676 101.138 7.420
201612 0.000 102.022 0.000
201703 -0.329 102.022 -0.426
201706 -0.265 102.752 -0.341
201709 1.641 103.279 2.101
201712 5.663 103.793 7.213
201803 0.303 103.962 0.385
201806 -0.245 104.875 -0.309
201809 -1.839 105.679 -2.301
201812 8.008 105.912 9.996
201903 1.243 105.886 1.552
201906 -1.052 106.742 -1.303
201909 -0.956 107.214 -1.179
201912 7.856 107.766 9.638
202003 2.984 106.563 3.702
202006 0.947 107.498 1.165
202009 -0.504 107.635 -0.619
202012 6.300 108.296 7.691
202103 1.042 108.360 1.271
202106 1.630 108.928 1.978
202109 -1.151 110.338 -1.379
202112 1.680 112.486 1.975
202203 -2.048 114.825 -2.358
202206 -0.367 118.384 -0.410
202209 1.038 122.296 1.122
202212 4.637 126.365 4.851
202303 1.037 127.042 1.079
202306 3.421 129.407 3.495
202309 0.214 130.224 0.217
202312 6.557 131.912 6.572
202403 -0.597 132.205 -0.597

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.


Malmbergs Elektriska AB  (OSTO:MEAB B) 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.


Malmbergs Elektriska AB Cyclically Adjusted Price-to-FCF Related Terms

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


Malmbergs Elektriska AB (OSTO:MEAB B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Västra Bangatan 54, Box 144, Kumla, SWE, 692 23
Malmbergs Elektriska AB is a supplier of electric materials for contractors, industries and retailers in the Nordic market. Its products include electric motors, electric meters, push buttons, downlights, industrial lighting, LED lamps, heating, frost guards and dehumidification.

Malmbergs Elektriska AB (OSTO:MEAB B) Headlines

No Headlines