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Maritima de Inversiones (XSGO:MARINSA) Cyclically Adjusted FCF per Share : CLP7.76 (As of Mar. 2024)


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What is Maritima de Inversiones 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.

Maritima de Inversiones's adjusted free cash flow per share for the three months ended in Mar. 2024 was CLP1.454. 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 CLP7.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Maritima de Inversiones's average Cyclically Adjusted FCF Growth Rate was 70.20% 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.

As of today (2024-06-08), Maritima de Inversiones's current stock price is CLP78.00. Maritima de Inversiones's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CLP7.76. Maritima de Inversiones's Cyclically Adjusted Price-to-FCF of today is 10.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Maritima de Inversiones was 39.30. The lowest was 8.64. And the median was 19.89.


Maritima de Inversiones Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Maritima de Inversiones'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.

Maritima de Inversiones Cyclically Adjusted FCF per Share Chart

Maritima de Inversiones 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 - -0.93 2.25 4.46 7.63

Maritima de Inversiones 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 4.56 7.36 7.52 7.63 7.76

Competitive Comparison of Maritima de Inversiones's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, Maritima de Inversiones'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.


Maritima de Inversiones's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maritima de Inversiones's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Maritima de Inversiones's Cyclically Adjusted Price-to-FCF falls into.



Maritima de Inversiones 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, Maritima de Inversiones'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)
=1.454/146.1089*146.1089
=1.454

Current CPI (Mar. 2024) = 146.1089.

Maritima de Inversiones Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.865 95.543 1.323
201409 0.183 96.883 0.276
201412 0.106 97.515 0.159
201503 0.097 98.539 0.144
201506 0.891 99.770 1.305
201509 0.154 101.383 0.222
201512 0.122 101.775 0.175
201603 0.134 102.930 0.190
201606 0.248 103.965 0.349
201609 0.115 104.521 0.161
201612 0.105 104.532 0.147
201703 0.096 105.752 0.133
201706 0.162 105.730 0.224
201709 0.111 106.035 0.153
201712 0.102 106.907 0.139
201803 0.105 107.670 0.142
201806 0.740 108.421 0.997
201809 0.098 109.369 0.131
201812 0.040 109.653 0.053
201903 0.103 110.339 0.136
201906 0.020 111.352 0.026
201909 0.083 111.821 0.108
201912 0.081 112.943 0.105
202003 0.102 114.468 0.130
202006 0.211 114.283 0.270
202009 0.105 115.275 0.133
202012 0.208 116.299 0.261
202103 -0.037 117.770 -0.046
202106 2.190 118.630 2.697
202109 0.101 121.431 0.122
202112 6.550 124.634 7.679
202203 -0.059 128.850 -0.067
202206 24.426 133.448 26.743
202209 0.218 138.101 0.231
202212 0.070 140.574 0.073
202303 0.120 143.145 0.122
202306 28.751 143.538 29.266
202309 0.742 145.172 0.747
202312 0.986 146.109 0.986
202403 1.454 146.109 1.454

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


Maritima de Inversiones  (XSGO:MARINSA) 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.

Maritima de Inversiones's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=78.00/7.76
=10.05

* 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 Maritima de Inversiones was 39.30. The lowest was 8.64. And the median was 19.89.


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.


Maritima de Inversiones Cyclically Adjusted FCF per Share Related Terms

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


Maritima de Inversiones (XSGO:MARINSA) Business Description

Traded in Other Exchanges
N/A
Address
Hendaya 60, Piso 12, Santiago, CHL
Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.

Maritima de Inversiones (XSGO:MARINSA) Headlines

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