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Movida Participacoes (BSP:MOVI3) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Movida Participacoes Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Movida Participacoes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Movida Participacoes'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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Movida Participacoes Cyclically Adjusted Price-to-FCF Chart

Movida Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Movida Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Movida Participacoes's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Movida Participacoes 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.

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

For example, Movida Participacoes'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)
=-7.003/157.1481*157.1481
=-7.003

Current CPI (Dec. 2023) = 157.1481.

Movida Participacoes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
0.000 0.000
201403 0.000 90.447 0.000
201406 0.000 91.838 0.000
201412 -0.033 94.194 -0.055
201503 -0.048 97.799 -0.077
201506 0.001 100.006 0.002
201509 0.564 101.392 0.874
201512 -0.187 104.247 -0.282
201603 -0.169 106.979 -0.248
201606 -0.316 108.851 -0.456
201609 -0.133 109.986 -0.190
201612 0.764 110.802 1.084
201703 -2.282 111.869 -3.206
201706 -0.355 112.115 -0.498
201709 -2.446 112.777 -3.408
201712 -0.367 114.068 -0.506
201803 -0.645 114.868 -0.882
201806 -2.896 117.038 -3.889
201809 -0.787 117.881 -1.049
201812 -0.401 118.340 -0.533
201903 -0.817 120.124 -1.069
201906 -2.034 120.977 -2.642
201909 -2.097 121.292 -2.717
201912 0.515 123.436 0.656
202003 0.341 124.092 0.432
202006 -1.321 123.557 -1.680
202009 -0.020 125.095 -0.025
202012 -1.317 129.012 -1.604
202103 -11.097 131.660 -13.245
202106 3.212 133.871 3.771
202109 -3.918 137.913 -4.464
202112 -13.355 141.992 -14.780
202203 2.067 146.537 2.217
202206 -1.859 149.784 -1.950
202209 -10.551 147.800 -11.218
202212 -1.779 150.207 -1.861
202303 6.859 153.352 7.029
202306 5.816 154.519 5.915
202309 2.282 155.464 2.307
202312 -7.003 157.148 -7.003

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.


Movida Participacoes  (BSP:MOVI3) 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.


Movida Participacoes Cyclically Adjusted Price-to-FCF Related Terms

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


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

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