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Manitex International (Manitex International) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Manitex International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Manitex International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Manitex International'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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Manitex International Cyclically Adjusted Price-to-FCF Chart

Manitex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Manitex International 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 Manitex International's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Manitex International'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.


Manitex International's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitex International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Manitex International 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.

Manitex International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Manitex International's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.02/129.4194*129.4194
=-0.020

Current CPI (Dec. 2023) = 129.4194.

Manitex International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.276 99.695 -0.358
201406 -0.340 100.560 -0.438
201409 0.439 100.428 0.566
201412 0.014 99.070 0.018
201503 -1.005 99.621 -1.306
201506 0.373 100.684 0.479
201509 0.148 100.392 0.191
201512 0.730 99.792 0.947
201603 -1.170 100.470 -1.507
201606 0.449 101.688 0.571
201609 -0.962 101.861 -1.222
201612 0.446 101.863 0.567
201703 -0.335 102.862 -0.421
201706 0.137 103.349 0.172
201709 0.118 104.136 0.147
201712 0.561 104.011 0.698
201803 -0.336 105.290 -0.413
201806 -0.025 106.317 -0.030
201809 0.135 106.507 0.164
201812 0.161 105.998 0.197
201903 -0.121 107.251 -0.146
201906 0.073 108.070 0.087
201909 -0.382 108.329 -0.456
201912 0.503 108.420 0.600
202003 -0.051 108.902 -0.061
202006 0.418 108.767 0.497
202009 -0.063 109.815 -0.074
202012 0.269 109.897 0.317
202103 -0.066 111.754 -0.076
202106 0.298 114.631 0.336
202109 -0.055 115.734 -0.062
202112 0.139 117.630 0.153
202203 -0.374 121.301 -0.399
202206 -0.509 125.017 -0.527
202209 -0.362 125.227 -0.374
202212 0.186 125.222 0.192
202303 -0.207 127.348 -0.210
202306 -0.094 128.729 -0.095
202309 0.076 129.860 0.076
202312 -0.020 129.419 -0.020

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.


Manitex International  (NAS:MNTX) 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.


Manitex International Cyclically Adjusted Price-to-FCF Related Terms

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


Manitex International (Manitex International) Business Description

Traded in Other Exchanges
Address
9725 Industrial Drive, Bridgeview, IL, USA, 60455
Manitex International Inc through its subsidiaries is engaged in the design, manufacture, and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes, and sign cranes. The company's segments include Lifting Equipment and Rental Equipment. It generates maximum revenue from the Lifting Equipment segment. Geographically, it derives a majority of its revenue from the United States.
Executives
David J Langevin director, officer: Chairman of the Board & CEO 50120 PONTIAC TRAIL, WIXOM MI 48393
Takashi Kiso director 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Michael Coffey officer: Chief Executive Officer 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Joseph Doolan officer: Chief Financial Officer C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Steve Filipov director, officer: Chief Executive Officer C/O TEREX CORP, 500 POST RD, WESTPORT CT 06850
Marvin B Rosenberg director 3228 PIGNATELLI CRESCENT, MOUNT PLEASANT SC 29466
Laura Ruoru Yu officer: VP Finance & Corp. Controller 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Robert S Gigliotti director 901 WILSHIRE DR, STE 400, TROY MI 48084
Ingo Schiller director 4242 WEST GREENS ROAD, HOUSTON TX 77066
Tadano Ltd. 10 percent owner KO-34 SHINDEN-CHO, KAGAWA PREFECTURE, TAKAMATSU M0 761-0185
Sherman Jung officer: VP Fin. Reporting (PFO/PAO) 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Steve Kiefer officer: President, North America 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Michael Schneider officer: SVP, CFO, Treas., & Secretary 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Ronald Michael Clark director 72 CATBRIER ROAD, WESTON CT 06883
Lubomir T. Litchev officer: President, Manufacturing Ops. 10 HIGH MEADOW TRAIL, DILLON CO 80435