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Mercurity Fintech Holding (Mercurity Fintech Holding) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Mercurity Fintech Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercurity Fintech Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mercurity Fintech Holding'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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Mercurity Fintech Holding Cyclically Adjusted Price-to-FCF Chart

Mercurity Fintech Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mercurity Fintech Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Mercurity Fintech Holding's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Mercurity Fintech Holding'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.


Mercurity Fintech Holding's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercurity Fintech Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mercurity Fintech Holding's Cyclically Adjusted Price-to-FCF falls into.



Mercurity Fintech Holding 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.

Mercurity Fintech Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mercurity Fintech Holding'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)
=-0.126/129.4194*129.4194
=-0.126

Current CPI (Dec23) = 129.4194.

Mercurity Fintech Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -42.829 99.070 -55.950
201512 -0.034 99.792 -0.044
201612 -0.005 101.863 -0.006
201712 -0.007 104.011 -0.009
201812 -0.003 105.998 -0.004
201912 0.000 108.420 0.000
202012 0.000 109.897 0.000
202112 -0.145 117.630 -0.160
202212 -0.108 125.222 -0.112
202312 -0.126 129.419 -0.126

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.


Mercurity Fintech Holding  (NAS:MFH) 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.


Mercurity Fintech Holding Cyclically Adjusted Price-to-FCF Related Terms

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Mercurity Fintech Holding (Mercurity Fintech Holding) Business Description

Traded in Other Exchanges
N/A
Address
1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019
Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.

Mercurity Fintech Holding (Mercurity Fintech Holding) Headlines