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Mittel SpA (MIL:MIT) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Mittel SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mittel SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mittel SpA'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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Mittel SpA Cyclically Adjusted Price-to-FCF Chart

Mittel SpA Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Mittel SpA Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Mittel SpA's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Mittel SpA'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.


Mittel SpA's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mittel SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mittel SpA 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.

Mittel SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mittel SpA'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)
=-0.046/119.7000*119.7000
=-0.046

Current CPI (Dec23) = 119.7000.

Mittel SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.228 100.000 -0.273
201409 -0.148 99.814 -0.177
201509 -0.450 100.000 -0.539
201609 -0.226 100.100 -0.270
201812 0.189 102.300 0.221
201912 -0.415 102.800 -0.483
202012 0.354 102.600 0.413
202112 -0.255 106.600 -0.286
202212 0.114 119.000 0.115
202312 -0.046 119.700 -0.046

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.


Mittel SpA  (MIL:MIT) 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.


Mittel SpA Cyclically Adjusted Price-to-FCF Related Terms

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Mittel SpA (MIL:MIT) Business Description

Traded in Other Exchanges
N/A
Address
Borromei, 5, Milan, ITA, 20123
Mittel SpA is an investment-merchant bank company. It operates through Private Equity and Investments Sector, Advisory Services, and Real Estate Sector.

Mittel SpA (MIL:MIT) Headlines