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Mueller Water Products, (Mueller Water Products,) Cyclically Adjusted FCF per Share : $0.47 (As of Mar. 2024)


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What is Mueller Water Products, 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.

Mueller Water Products,'s adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.101. 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 $0.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mueller Water Products,'s average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% 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 Mueller Water Products, was 10.40% per year. The lowest was -13.80% per year. And the median was -2.95% per year.

As of today (2024-05-27), Mueller Water Products,'s current stock price is $18.79. Mueller Water Products,'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.47. Mueller Water Products,'s Cyclically Adjusted Price-to-FCF of today is 39.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mueller Water Products, was 48.15. The lowest was 16.19. And the median was 28.61.


Mueller Water Products, Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mueller Water Products,'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.

Mueller Water Products, Cyclically Adjusted FCF per Share Chart

Mueller Water Products, Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.34 0.40 0.43 0.43

Mueller Water Products, 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 0.43 0.44 0.43 0.47 0.47

Competitive Comparison of Mueller Water Products,'s Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Mueller Water Products,'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.


Mueller Water Products,'s Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products,'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mueller Water Products,'s Cyclically Adjusted Price-to-FCF falls into.



Mueller Water Products, 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, Mueller Water Products,'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)
=-0.101/131.7762*131.7762
=-0.101

Current CPI (Mar. 2024) = 131.7762.

Mueller Water Products, Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.285 100.560 0.373
201409 0.461 100.428 0.605
201412 -0.214 99.070 -0.285
201503 -0.132 99.621 -0.175
201506 0.298 100.684 0.390
201509 0.416 100.392 0.546
201512 -0.013 99.792 -0.017
201603 -0.017 100.470 -0.022
201606 0.377 101.688 0.489
201609 0.348 101.861 0.450
201612 -0.071 101.863 -0.092
201703 -0.383 102.862 -0.491
201706 0.220 103.349 0.281
201709 0.089 104.136 0.113
201712 -0.037 104.011 -0.047
201803 -0.043 105.290 -0.054
201806 0.352 106.317 0.436
201809 0.213 106.507 0.264
201812 -0.038 105.998 -0.047
201903 -0.337 107.251 -0.414
201906 0.154 108.070 0.188
201909 0.257 108.329 0.313
201912 -0.174 108.420 -0.211
202003 -0.080 108.902 -0.097
202006 0.422 108.767 0.511
202009 0.290 109.815 0.348
202012 0.116 109.897 0.139
202103 0.085 111.754 0.100
202106 0.283 114.631 0.325
202109 0.105 115.734 0.120
202112 0.055 117.630 0.062
202203 -0.216 121.301 -0.235
202206 0.057 125.017 0.060
202209 0.088 125.227 0.093
202212 -0.104 125.222 -0.109
202303 -0.168 127.348 -0.174
202306 0.399 128.729 0.408
202309 0.263 129.860 0.267
202312 0.397 129.419 0.404
202403 -0.101 131.776 -0.101

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


Mueller Water Products,  (NYSE:MWA) 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.

Mueller Water Products,'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.79/0.47
=39.98

* 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 Mueller Water Products, was 48.15. The lowest was 16.19. And the median was 28.61.


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.


Mueller Water Products, Cyclically Adjusted FCF per Share Related Terms

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


Mueller Water Products, (Mueller Water Products,) Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.
Executives
Lydia W Thomas director ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Mark J Obrien director 3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Thomas J Hansen director 3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Michael T Tokarz director 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Kenji Takeuchi officer: SVP, Engineering 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Chason A Carroll officer: VP, General Counsel & Corp Sec 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Niclas Ytterdahl director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Paul Mcandrew officer: SVP, Operations & Supply Chain 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow director 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Shirley C. Franklin director C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs officer: EVP, General Counsel and Sec 1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Todd P Helms officer: SVP and CHRO 1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Marietta Edmunds Zakas officer: SVP-Strategy and IR 1200 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith officer: VP and CAO 1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Jeffery S. Sharritts director 1200 ABERNATHY RD., NE, STE 1200, ATLANTA GA 30328