GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Cyclically Adjusted FCF per Share

MTY Food Group (MTY Food Group) Cyclically Adjusted FCF per Share : $3.88 (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is MTY Food Group 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.

MTY Food Group's adjusted free cash flow per share for the three months ended in Feb. 2024 was $1.427. 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 $3.88 for the trailing ten years ended in Feb. 2024.

During the past 12 months, MTY Food Group's average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% 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 MTY Food Group was 28.90% per year. The lowest was 17.70% per year. And the median was 21.35% per year.

As of today (2024-06-10), MTY Food Group's current stock price is $32.54. MTY Food Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $3.88. MTY Food Group's Cyclically Adjusted Price-to-FCF of today is 8.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MTY Food Group was 44.81. The lowest was 6.77. And the median was 26.88.


MTY Food Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MTY Food Group'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.

MTY Food Group Cyclically Adjusted FCF per Share Chart

MTY Food Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.23 3.17 3.32 3.82

MTY Food Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.44 3.55 3.68 3.82 3.88

Competitive Comparison of MTY Food Group's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, MTY Food Group'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.


MTY Food Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MTY Food Group's Cyclically Adjusted Price-to-FCF falls into.



MTY Food Group 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, MTY Food Group's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.427/125.4675*125.4675
=1.427

Current CPI (Feb. 2024) = 125.4675.

MTY Food Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.288 99.394 0.364
201408 0.372 99.315 0.470
201411 0.445 99.078 0.564
201502 0.292 99.078 0.370
201505 0.464 100.263 0.581
201508 0.689 100.579 0.859
201511 0.494 100.421 0.617
201602 0.330 100.421 0.412
201605 0.456 101.765 0.562
201608 0.534 101.686 0.659
201611 0.515 101.607 0.636
201702 0.566 102.476 0.693
201705 0.936 103.108 1.139
201708 0.879 103.108 1.070
201711 0.860 103.740 1.040
201802 0.501 104.688 0.600
201805 0.727 105.399 0.865
201808 0.807 106.031 0.955
201811 0.793 105.478 0.943
201902 0.743 106.268 0.877
201905 0.579 107.927 0.673
201908 0.775 108.085 0.900
201911 1.063 107.769 1.238
202002 0.882 108.559 1.019
202005 0.529 107.532 0.617
202008 1.126 108.243 1.305
202011 1.354 108.796 1.561
202102 0.958 109.745 1.095
202105 0.904 111.404 1.018
202108 3.278 112.668 3.650
202111 2.716 113.932 2.991
202202 1.154 115.986 1.248
202205 0.803 120.016 0.839
202208 1.275 120.569 1.327
202211 1.044 121.675 1.077
202302 0.772 122.070 0.793
202305 1.357 124.045 1.373
202308 1.305 125.389 1.306
202311 1.246 125.468 1.246
202402 1.427 125.468 1.427

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


MTY Food Group  (OTCPK:MTYFF) 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.

MTY Food Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.54/3.88
=8.39

* 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 MTY Food Group was 44.81. The lowest was 6.77. And the median was 26.88.


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.


MTY Food Group Cyclically Adjusted FCF per Share Related Terms

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


MTY Food Group (MTY Food Group) Business Description

Traded in Other Exchanges
Address
8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

MTY Food Group (MTY Food Group) Headlines

From GuruFocus

MTY Food Group Inc's Dividend Analysis

By GuruFocus Research 02-02-2024