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Mitchells & Butlers (Mitchells & Butlers) Cyclically Adjusted Price-to-FCF : 21.39 (As of Jun. 06, 2024)


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What is Mitchells & Butlers Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Mitchells & Butlers's current share price is $3.85. Mitchells & Butlers's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was $0.18. Mitchells & Butlers's Cyclically Adjusted Price-to-FCF for today is 21.39.

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

MBPFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.07   Med: 14.27   Max: 68.56
Current: 19.79

During the past 13 years, Mitchells & Butlers's highest Cyclically Adjusted Price-to-FCF was 68.56. The lowest was 6.07. And the median was 14.27.

MBPFF's Cyclically Adjusted Price-to-FCF is ranked worse than
58.2% of 122 companies
in the Restaurants industry
Industry Median: 16.53 vs MBPFF: 19.79

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.

Mitchells & Butlers's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was $0.189. 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 $0.18 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitchells & Butlers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitchells & Butlers'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.

Mitchells & Butlers Cyclically Adjusted Price-to-FCF Chart

Mitchells & Butlers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.20 8.84 17.96 7.43 14.52

Mitchells & Butlers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 7.43 - 14.52 -

Competitive Comparison of Mitchells & Butlers's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Mitchells & Butlers'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.


Mitchells & Butlers's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Mitchells & Butlers's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitchells & Butlers's Cyclically Adjusted Price-to-FCF falls into.



Mitchells & Butlers 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.

Mitchells & Butlers's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.85/0.18
=21.39

* 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.

Mitchells & Butlers's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Mitchells & Butlers's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.189/130.1000*130.1000
=0.189

Current CPI (Sep23) = 130.1000.

Mitchells & Butlers Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.196 100.000 0.255
201509 0.277 100.200 0.360
201609 0.158 101.500 0.203
201709 0.164 104.300 0.205
201809 0.191 106.600 0.233
201909 0.297 108.400 0.356
202009 0.052 109.200 0.062
202109 -0.019 112.400 -0.022
202209 0.220 122.300 0.234
202309 0.189 130.100 0.189

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.


Mitchells & Butlers  (OTCPK:MBPFF) 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.


Mitchells & Butlers Cyclically Adjusted Price-to-FCF Related Terms

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


Mitchells & Butlers (Mitchells & Butlers) Business Description

Traded in Other Exchanges
Address
27 Fleet Street, Birmingham, GBR, B3 1JP
Mitchells & Butlers PLC operates more than 1,500 restaurants and pubs, predominantly in the United Kingdom. Total revenue is split roughly evenly between food sales and beverage sales. The company's brands include All Bar One, Alex, Harvester, Toby Carvery, Browns, Vintage Inns, Castle, Sizzling Pubs, and Miller & Carter. Nearly a quarter of Mitchells & Butlers' total sales are generated in London, and its only locations outside the United Kingdom are in Germany.

Mitchells & Butlers (Mitchells & Butlers) Headlines