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Meta Platforms (UKEX:FB) Cyclically Adjusted Price-to-FCF : 54.62 (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 ₴18766.00. Meta Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴343.57. Meta Platforms's Cyclically Adjusted Price-to-FCF for today is 54.62.

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

UKEX:FB' 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.

UKEX:FB'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 UKEX:FB: 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 ₴196.184. 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 ₴343.57 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
=18766.00/343.57
=54.62

* 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)
=196.184/131.7762*131.7762
=196.184

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.368 100.560 17.518
201409 11.614 100.428 15.239
201412 41.902 99.070 55.735
201503 16.935 99.621 22.401
201506 18.722 100.684 24.504
201509 19.771 100.392 25.952
201512 53.899 99.792 71.174
201603 32.361 100.470 42.444
201606 36.644 101.688 47.486
201609 40.226 101.861 52.040
201612 49.819 101.863 64.449
201703 51.568 102.862 66.063
201706 53.198 103.349 67.831
201709 59.293 104.136 75.031
201712 73.194 104.011 92.733
201803 68.716 105.290 86.002
201806 38.830 106.317 48.129
201809 57.195 106.507 70.765
201812 45.996 105.998 57.182
201903 76.447 107.251 93.929
201906 69.483 108.070 84.725
201909 80.555 108.329 97.990
201912 69.386 108.420 84.333
202003 104.038 108.902 125.891
202006 8.661 108.767 10.493
202009 85.142 109.815 102.169
202012 129.519 109.897 155.305
202103 110.432 111.754 130.217
202106 119.919 114.631 137.855
202109 136.631 115.734 155.569
202112 181.371 117.630 203.184
202203 126.247 121.301 137.149
202206 68.327 125.017 72.021
202209 4.730 125.227 4.977
202212 82.595 125.222 86.918
202303 110.801 127.348 114.654
202306 169.964 128.729 173.988
202309 210.372 129.860 213.477
202312 177.788 129.419 181.026
202403 196.184 131.776 196.184

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  (UKEX:FB) 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 (UKEX:FB) 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.

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