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Meyer Burger Technology AG (CHIX:MBTNZ) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Meyer Burger Technology AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meyer Burger Technology AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meyer Burger Technology AG'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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Meyer Burger Technology AG Cyclically Adjusted Price-to-FCF Chart

Meyer Burger Technology AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Meyer Burger Technology AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Meyer Burger Technology AG's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Meyer Burger Technology AG'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.


Meyer Burger Technology AG's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Meyer Burger Technology AG's Cyclically Adjusted Price-to-FCF falls into.



Meyer Burger Technology AG 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.

Meyer Burger Technology AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Meyer Burger Technology AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.034/106.4612*106.4612
=-0.034

Current CPI (Dec23) = 106.4612.

Meyer Burger Technology AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.066 100.704 -0.070
201512 -0.007 99.386 -0.007
201612 -0.003 99.380 -0.003
201712 0.002 100.213 0.002
201812 -0.009 100.906 -0.009
201912 -0.025 101.063 -0.026
202012 -0.012 100.241 -0.013
202112 -0.029 101.776 -0.030
202212 -0.030 104.666 -0.031
202312 -0.034 106.461 -0.034

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.


Meyer Burger Technology AG  (CHIX:MBTNz) 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.


Meyer Burger Technology AG Cyclically Adjusted Price-to-FCF Related Terms

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Meyer Burger Technology AG (CHIX:MBTNZ) Business Description

Traded in Other Exchanges
Address
Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, Specialized Technologies, Cells, and Modules. With its main focus on providing equipment for the solar industry, its proceeds come from the Photovoltaics segment. It covers the entire photovoltaic value chain comprising the processes involved in the conversion of sunlight into solar energy. In addition, the company also serves other markets such as optoelectronics and semiconductors, which are a part of its Specialized Technologies segment. Meyer sells its products world wide and derives a majority of its revenue from its Asian market.

Meyer Burger Technology AG (CHIX:MBTNZ) Headlines

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