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Max's Group (PHS:MAXS) Cyclically Adjusted Price-to-FCF : 7.61 (As of May. 26, 2024)


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What is Max's Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Max's Group's current share price is ₱3.12. Max's Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱0.41. Max's Group's Cyclically Adjusted Price-to-FCF for today is 7.61.

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

PHS:MAXS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.24   Med: 33.7   Max: 915
Current: 7.65

During the past years, Max's Group's highest Cyclically Adjusted Price-to-FCF was 915.00. The lowest was 7.24. And the median was 33.70.

PHS:MAXS's Cyclically Adjusted Price-to-FCF is ranked better than
81.3% of 123 companies
in the Restaurants industry
Industry Median: 15.67 vs PHS:MAXS: 7.65

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.

Max's Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱-0.306. 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 ₱0.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Max's Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Max's Group'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.

Max's Group Cyclically Adjusted Price-to-FCF Chart

Max's Group 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 67.19 47.55 33.01 15.71 8.41

Max's Group 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 17.28 14.13 12.09 8.41 8.53

Competitive Comparison of Max's Group's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Max's Group'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.


Max's Group's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Max's Group 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.

Max's Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.12/0.41
=7.61

* 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.

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

For example, Max's Group'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)
=-0.306/131.7762*131.7762
=-0.306

Current CPI (Mar. 2024) = 131.7762.

Max's Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.320 100.560 0.419
201409 -0.185 100.428 -0.243
201412 0.393 99.070 0.523
201503 -0.113 99.621 -0.149
201506 -0.254 100.684 -0.332
201509 -0.377 100.392 -0.495
201512 0.282 99.792 0.372
201603 -0.130 100.470 -0.171
201606 -0.342 101.688 -0.443
201609 -0.116 101.861 -0.150
201612 0.485 101.863 0.627
201703 -0.449 102.862 -0.575
201706 -0.046 103.349 -0.059
201709 -0.122 104.136 -0.154
201712 0.528 104.011 0.669
201803 -0.214 105.290 -0.268
201806 0.167 106.317 0.207
201809 -0.140 106.507 -0.173
201812 0.809 105.998 1.006
201903 -0.198 107.251 -0.243
201906 0.079 108.070 0.096
201909 0.090 108.329 0.109
201912 0.894 108.420 1.087
202003 -0.403 108.902 -0.488
202006 0.184 108.767 0.223
202009 -0.149 109.815 -0.179
202012 0.117 109.897 0.140
202103 -0.274 111.754 -0.323
202106 0.325 114.631 0.374
202109 0.255 115.734 0.290
202112 0.281 117.630 0.315
202203 0.271 121.301 0.294
202206 0.481 125.017 0.507
202209 0.175 125.227 0.184
202212 0.445 125.222 0.468
202303 -0.088 127.348 -0.091
202306 0.377 128.729 0.386
202309 0.121 129.860 0.123
202312 0.491 129.419 0.500
202403 -0.306 131.776 -0.306

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.


Max's Group  (PHS:MAXS) 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.


Max's Group Cyclically Adjusted Price-to-FCF Related Terms

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


Max's Group (PHS:MAXS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2212 Chino Roces Avenue, 3rd Floor, KDC Plaza, Metro Manila, Makati, PHL, 1230
Max's Group Inc is a Philippines based company engages in the business of catering foods and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, and cocktail lounges. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company's total revenue is generated by restaurant sales in company-operated restaurants. The remaining revenue comes from franchise fees and commissary sales of goods to franchisees.

Max's Group (PHS:MAXS) Headlines

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