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MGP Ingredients (FRA:M1I) Cyclically Adjusted Price-to-FCF : 81.18 (As of May. 26, 2024)


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What is MGP Ingredients Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), MGP Ingredients's current share price is €69.00. MGP Ingredients's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.85. MGP Ingredients's Cyclically Adjusted Price-to-FCF for today is 81.18.

The historical rank and industry rank for MGP Ingredients's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:M1I' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 80.89   Med: 273.16   Max: 4751
Current: 80.97

During the past years, MGP Ingredients's highest Cyclically Adjusted Price-to-FCF was 4751.00. The lowest was 80.89. And the median was 273.16.

FRA:M1I's Cyclically Adjusted Price-to-FCF is ranked worse than
86.36% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs FRA:M1I: 80.97

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.

MGP Ingredients's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.100. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGP Ingredients Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MGP Ingredients'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.

* Premium members only.

MGP Ingredients Cyclically Adjusted Price-to-FCF Chart

MGP Ingredients Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,524.06 283.11 172.52 127.84 109.24

MGP Ingredients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 123.67 131.48 118.88 109.24 92.71

Competitive Comparison of MGP Ingredients's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MGP Ingredients 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.

MGP Ingredients's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.00/0.85
=81.18

* 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.

MGP Ingredients's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MGP Ingredients'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)
=-0.1/131.7762*131.7762
=-0.100

Current CPI (Mar. 2024) = 131.7762.

MGP Ingredients Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.090 100.560 0.118
201409 0.204 100.428 0.268
201412 0.235 99.070 0.313
201503 0.058 99.621 0.077
201506 -0.004 100.684 -0.005
201509 -0.429 100.392 -0.563
201512 -0.256 99.792 -0.338
201603 -0.254 100.470 -0.333
201606 -0.063 101.688 -0.082
201609 -0.265 101.861 -0.343
201612 0.717 101.863 0.928
201703 -0.414 102.862 -0.530
201706 0.441 103.349 0.562
201709 0.096 104.136 0.121
201712 0.483 104.011 0.612
201803 -0.294 105.290 -0.368
201806 -0.290 106.317 -0.359
201809 -0.274 106.507 -0.339
201812 1.023 105.998 1.272
201903 -0.393 107.251 -0.483
201906 0.229 108.070 0.279
201909 0.275 108.329 0.335
201912 0.050 108.420 0.061
202003 -0.271 108.902 -0.328
202006 0.048 108.767 0.058
202009 1.011 109.815 1.213
202012 0.855 109.897 1.025
202103 0.245 111.754 0.289
202106 0.916 114.631 1.053
202109 0.171 115.734 0.195
202112 0.296 117.630 0.332
202203 0.479 121.301 0.520
202206 0.574 125.017 0.605
202209 0.823 125.227 0.866
202212 0.025 125.222 0.026
202303 -0.475 127.348 -0.492
202306 0.055 128.729 0.056
202309 0.688 129.860 0.698
202312 0.913 129.419 0.930
202403 -0.100 131.776 -0.100

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.


MGP Ingredients  (FRA:M1I) 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.


MGP Ingredients Cyclically Adjusted Price-to-FCF Related Terms

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


MGP Ingredients (FRA:M1I) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.

MGP Ingredients (FRA:M1I) Headlines

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