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Midwest Energy Emissions (TSXV:MEEC) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Midwest Energy Emissions Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Midwest Energy Emissions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Midwest Energy Emissions'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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Midwest Energy Emissions Cyclically Adjusted Price-to-FCF Chart

Midwest Energy Emissions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Midwest Energy Emissions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Midwest Energy Emissions's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Midwest Energy Emissions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Midwest Energy Emissions's Cyclically Adjusted Price-to-FCF falls into.



Midwest Energy Emissions 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.

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

For example, Midwest Energy Emissions'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)
=-0.006/131.7762*131.7762
=-0.006

Current CPI (Mar. 2024) = 131.7762.

Midwest Energy Emissions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.036 100.560 -0.047
201409 -0.010 100.428 -0.013
201412 -0.030 99.070 -0.040
201503 -0.069 99.621 -0.091
201506 -0.032 100.684 -0.042
201509 -0.001 100.392 -0.001
201512 -0.010 99.792 -0.013
201603 -0.017 100.470 -0.022
201606 0.004 101.688 0.005
201609 0.039 101.861 0.050
201612 0.013 101.863 0.017
201703 -0.061 102.862 -0.078
201706 -0.039 103.349 -0.050
201709 0.019 104.136 0.024
201712 0.010 104.011 0.013
201803 -0.020 105.290 -0.025
201806 0.002 106.317 0.002
201809 -0.004 106.507 -0.005
201812 0.001 105.998 0.001
201903 0.001 107.251 0.001
201906 -0.010 108.070 -0.012
201909 -0.014 108.329 -0.017
201912 -0.005 108.420 -0.006
202003 -0.022 108.902 -0.027
202006 -0.002 108.767 -0.002
202009 -0.004 109.815 -0.005
202012 0.005 109.897 0.006
202103 0.014 111.754 0.017
202106 -0.006 114.631 -0.007
202109 -0.011 115.734 -0.013
202112 0.008 117.630 0.009
202203 -0.014 121.301 -0.015
202206 -0.002 125.017 -0.002
202209 0.011 125.227 0.012
202212 0.006 125.222 0.006
202303 0.011 127.348 0.011
202306 -0.008 128.729 -0.008
202309 0.008 129.860 0.008
202312 0.230 129.419 0.234
202403 -0.006 131.776 -0.006

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.


Midwest Energy Emissions  (TSXV:MEEC) 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.


Midwest Energy Emissions Cyclically Adjusted Price-to-FCF Related Terms

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Midwest Energy Emissions (TSXV:MEEC) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.