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Mettler-Toledo International (BSP:M1TD34) Cyclically Adjusted FCF per Share : R$13.01 (As of Mar. 2024)


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What is Mettler-Toledo International Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Mettler-Toledo International's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$3.990. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$13.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mettler-Toledo International's average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mettler-Toledo International was 21.00% per year. The lowest was 13.00% per year. And the median was 13.95% per year.

As of today (2024-06-09), Mettler-Toledo International's current stock price is R$734.43. Mettler-Toledo International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$13.01. Mettler-Toledo International's Cyclically Adjusted Price-to-FCF of today is 56.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mettler-Toledo International was 97.67. The lowest was 39.07. And the median was 58.35.


Mettler-Toledo International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mettler-Toledo International's Cyclically Adjusted FCF per Share 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.

Mettler-Toledo International Cyclically Adjusted FCF per Share Chart

Mettler-Toledo International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.24 9.48 11.52 12.26

Mettler-Toledo International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 11.38 13.87 12.37 12.26 13.01

Competitive Comparison of Mettler-Toledo International's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Mettler-Toledo 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.


Mettler-Toledo International's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mettler-Toledo International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mettler-Toledo International'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)
=3.99/131.7762*131.7762
=3.990

Current CPI (Mar. 2024) = 131.7762.

Mettler-Toledo International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.659 100.560 0.864
201409 0.819 100.428 1.075
201412 1.025 99.070 1.363
201503 0.437 99.621 0.578
201506 0.960 100.684 1.256
201509 1.461 100.392 1.918
201512 1.737 99.792 2.294
201603 0.366 100.470 0.480
201606 1.341 101.688 1.738
201609 1.483 101.861 1.919
201612 1.016 101.863 1.314
201703 0.548 102.862 0.702
201706 1.374 103.349 1.752
201709 1.293 104.136 1.636
201712 1.551 104.011 1.965
201803 0.588 105.290 0.736
201806 1.580 106.317 1.958
201809 1.833 106.507 2.268
201812 2.323 105.998 2.888
201903 1.160 107.251 1.425
201906 1.607 108.070 1.960
201909 2.466 108.329 3.000
201912 2.938 108.420 3.571
202003 0.937 108.902 1.134
202006 3.533 108.767 4.280
202009 4.564 109.815 5.477
202012 4.630 109.897 5.552
202103 3.194 111.754 3.766
202106 4.763 114.631 5.475
202109 5.436 115.734 6.189
202112 4.951 117.630 5.546
202203 1.548 121.301 1.682
202206 3.891 125.017 4.101
202209 5.070 125.227 5.335
202212 6.358 125.222 6.691
202303 3.044 127.348 3.150
202306 5.233 128.729 5.357
202309 5.491 129.860 5.572
202312 5.629 129.419 5.732
202403 3.990 131.776 3.990

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mettler-Toledo International  (BSP:M1TD34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Mettler-Toledo International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=734.43/13.01
=56.45

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mettler-Toledo International was 97.67. The lowest was 39.07. And the median was 58.35.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mettler-Toledo International Cyclically Adjusted FCF per Share Related Terms

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


Mettler-Toledo International (BSP:M1TD34) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

Mettler-Toledo International (BSP:M1TD34) Headlines

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