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Marfrig Global Foods (FRA:MGP1) Cyclically Adjusted Price-to-FCF : 1.66 (As of Jun. 08, 2024)


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What is Marfrig Global Foods Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Marfrig Global Foods's current share price is €1.69. Marfrig Global Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.02. Marfrig Global Foods's Cyclically Adjusted Price-to-FCF for today is 1.66.

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

FRA:MGP1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.1   Med: 3.87   Max: 54.75
Current: 1.73

During the past years, Marfrig Global Foods's highest Cyclically Adjusted Price-to-FCF was 54.75. The lowest was 1.10. And the median was 3.87.

FRA:MGP1's Cyclically Adjusted Price-to-FCF is ranked better than
97.34% of 715 companies
in the Consumer Packaged Goods industry
Industry Median: 23.11 vs FRA:MGP1: 1.73

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.

Marfrig Global Foods's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.272. 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 €1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marfrig Global Foods Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Cyclically Adjusted Price-to-FCF Chart

Marfrig Global Foods 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 - 7.25 6.62 1.85 1.50

Marfrig Global Foods 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 1.29 1.39 1.24 1.50 1.55

Competitive Comparison of Marfrig Global Foods's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Marfrig Global Foods'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.


Marfrig Global Foods's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marfrig Global Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Marfrig Global Foods's Cyclically Adjusted Price-to-FCF falls into.



Marfrig Global Foods 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.

Marfrig Global Foods's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.69/1.02
=1.66

* 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.

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

For example, Marfrig Global Foods'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)
=0.272/159.3724*159.3724
=0.272

Current CPI (Mar. 2024) = 159.3724.

Marfrig Global Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.510 91.838 0.885
201409 0.250 92.602 0.430
201412 0.112 94.194 0.190
201503 0.074 97.799 0.121
201506 0.373 100.006 0.594
201509 0.203 101.392 0.319
201512 0.167 104.247 0.255
201603 0.095 106.979 0.142
201606 0.189 108.851 0.277
201609 0.201 109.986 0.291
201612 0.186 110.802 0.268
201703 -0.012 111.869 -0.017
201706 0.310 112.115 0.441
201709 -0.222 112.777 -0.314
201712 -0.156 114.068 -0.218
201803 -0.059 114.868 -0.082
201806 -0.113 117.038 -0.154
201809 0.213 117.881 0.288
201812 0.216 118.340 0.291
201903 -0.372 120.124 -0.494
201906 0.243 120.977 0.320
201909 0.400 121.292 0.526
201912 0.295 123.436 0.381
202003 -0.305 124.092 -0.392
202006 0.889 123.557 1.147
202009 0.437 125.095 0.557
202012 0.422 129.012 0.521
202103 -0.129 131.660 -0.156
202106 0.756 133.871 0.900
202109 0.815 137.913 0.942
202112 0.190 141.992 0.213
202203 0.202 146.537 0.220
202206 -0.037 149.784 -0.039
202209 0.876 147.800 0.945
202212 0.664 150.207 0.705
202303 0.233 153.352 0.242
202306 0.154 154.519 0.159
202309 0.869 155.464 0.891
202312 1.361 157.148 1.380
202403 0.272 159.372 0.272

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.


Marfrig Global Foods  (FRA:MGP1) 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.


Marfrig Global Foods Cyclically Adjusted Price-to-FCF Related Terms

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Marfrig Global Foods (FRA:MGP1) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (FRA:MGP1) Headlines

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