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Millennium Global Holdings (PHS:MG) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Millennium Global Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Millennium Global Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Millennium Global Holdings'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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Millennium Global Holdings Cyclically Adjusted Price-to-FCF Chart

Millennium Global Holdings 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 - - - - 122.14

Millennium Global Holdings 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 - - - 122.14 -

Competitive Comparison of Millennium Global Holdings's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Millennium Global Holdings'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.


Millennium Global Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Millennium Global Holdings's Cyclically Adjusted Price-to-FCF falls into.



Millennium Global Holdings 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.

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

For example, Millennium Global Holdings'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)
=-0.005/131.7762*131.7762
=-0.005

Current CPI (Mar. 2024) = 131.7762.

Millennium Global Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.011 100.560 -0.014
201409 -0.034 100.428 -0.045
201412 0.364 99.070 0.484
201503 -0.001 99.621 -0.001
201506 -0.032 100.684 -0.042
201509 -0.006 100.392 -0.008
201512 0.134 99.792 0.177
201603 0.067 100.470 0.088
201606 0.060 101.688 0.078
201609 -0.229 101.861 -0.296
201612 -0.001 101.863 -0.001
201703 0.096 102.862 0.123
201706 -0.093 103.349 -0.119
201709 0.076 104.136 0.096
201712 -0.143 104.011 -0.181
201803 -0.101 105.290 -0.126
201806 0.061 106.317 0.076
201809 -0.024 106.507 -0.030
201812 0.020 105.998 0.025
201903 0.021 107.251 0.026
201906 -0.058 108.070 -0.071
201909 -0.007 108.329 -0.009
201912 0.115 108.420 0.140
202003 0.015 108.902 0.018
202006 -0.065 108.767 -0.079
202009 -0.147 109.815 -0.176
202012 0.289 109.897 0.347
202103 0.027 111.754 0.032
202106 -0.165 114.631 -0.190
202109 -0.064 115.734 -0.073
202112 0.143 117.630 0.160
202203 0.027 121.301 0.029
202206 -0.138 125.017 -0.145
202209 0.062 125.227 0.065
202212 0.140 125.222 0.147
202303 -0.054 127.348 -0.056
202306 -0.068 128.729 -0.070
202309 0.012 129.860 0.012
202312 0.125 129.419 0.127
202403 -0.005 131.776 -0.005

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.


Millennium Global Holdings  (PHS:MG) 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.


Millennium Global Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Millennium Global Holdings (PHS:MG) Business Description

Traded in Other Exchanges
N/A
Address
Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is engaged in the seafood business. The company is engaged in the processing of high quality seafood and aquaculture products for export and trading of imported marine and other related products. Its business activity is the processing and export of several quality and high valued seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, among others. It derives its revenue primarily from the export sale of aquatic and marine products.