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Meta Platforms (MIL:1FB) Cyclically Adjusted Price-to-FCF : 53.07 (As of May. 17, 2024)


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What is Meta Platforms Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Meta Platforms's current share price is €437.30. Meta Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €8.24. Meta Platforms's Cyclically Adjusted Price-to-FCF for today is 53.07.

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

MIL:1FB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.25   Med: 42.35   Max: 82.15
Current: 53.22

During the past years, Meta Platforms's highest Cyclically Adjusted Price-to-FCF was 82.15. The lowest was 14.25. And the median was 42.35.

MIL:1FB's Cyclically Adjusted Price-to-FCF is ranked worse than
79.71% of 138 companies
in the Interactive Media industry
Industry Median: 23.305 vs MIL:1FB: 53.22

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.

Meta Platforms's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €4.502. 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 €8.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted Price-to-FCF Chart

Meta Platforms 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 - 70.50 61.18 18.36 42.66

Meta Platforms 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 30.62 38.97 37.91 42.66 54.61

Competitive Comparison of Meta Platforms's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Meta Platforms 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.

Meta Platforms's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=437.30/8.24
=53.07

* 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.

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

For example, Meta Platforms'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)
=4.502/131.7762*131.7762
=4.502

Current CPI (Mar. 2024) = 131.7762.

Meta Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.245 100.560 0.321
201409 0.225 100.428 0.295
201412 0.848 99.070 1.128
201503 0.390 99.621 0.516
201506 0.416 100.684 0.544
201509 0.439 100.392 0.576
201512 1.234 99.792 1.630
201603 0.725 100.470 0.951
201606 0.814 101.688 1.055
201609 0.894 101.861 1.157
201612 1.178 101.863 1.524
201703 1.203 102.862 1.541
201706 1.181 103.349 1.506
201709 1.241 104.136 1.570
201712 1.543 104.011 1.955
201803 1.390 105.290 1.740
201806 0.829 106.317 1.028
201809 1.223 106.507 1.513
201812 1.009 105.998 1.254
201903 1.688 107.251 2.074
201906 1.534 108.070 1.871
201909 1.825 108.329 2.220
201912 1.558 108.420 1.894
202003 2.349 108.902 2.842
202006 0.192 108.767 0.233
202009 1.803 109.815 2.164
202012 2.656 109.897 3.185
202103 2.314 111.754 2.729
202106 2.483 114.631 2.854
202109 2.897 115.734 3.299
202112 4.004 117.630 4.486
202203 2.859 121.301 3.106
202206 1.612 125.017 1.699
202209 0.119 125.227 0.125
202212 1.945 125.222 2.047
202303 2.581 127.348 2.671
202306 3.913 128.729 4.006
202309 4.917 129.860 4.990
202312 4.067 129.419 4.141
202403 4.502 131.776 4.502

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.


Meta Platforms  (MIL:1FB) 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.


Meta Platforms Cyclically Adjusted Price-to-FCF Related Terms

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


Meta Platforms (MIL:1FB) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (MIL:1FB) Headlines

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