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Muza (WAR:MZA) Cyclically Adjusted Price-to-FCF : 20.08 (As of Jun. 08, 2024)


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What is Muza Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Muza's current share price is zł13.05. Muza's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł0.65. Muza's Cyclically Adjusted Price-to-FCF for today is 20.08.

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

WAR:MZA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.94   Med: 29.38   Max: 270
Current: 21.02

During the past years, Muza's highest Cyclically Adjusted Price-to-FCF was 270.00. The lowest was 16.94. And the median was 29.38.

WAR:MZA's Cyclically Adjusted Price-to-FCF is ranked worse than
60.93% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs WAR:MZA: 21.02

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.

Muza's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł-0.719. 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 zł0.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Muza Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Muza'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.

Muza Cyclically Adjusted Price-to-FCF Chart

Muza 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 263.86 49.13 40.16 23.25 19.37

Muza 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 18.59 29.97 24.75 19.37 22.40

Competitive Comparison of Muza's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Muza'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.


Muza's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Muza 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.05/0.65
=20.08

* 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.

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

For example, Muza'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)
=-0.719/149.0435*149.0435
=-0.719

Current CPI (Mar. 2024) = 149.0435.

Muza Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.073 101.180 -0.108
201409 0.248 100.611 0.367
201412 -0.094 100.122 -0.140
201503 -0.010 100.041 -0.015
201506 0.102 100.448 0.151
201509 -0.041 99.634 -0.061
201512 0.278 99.471 0.417
201603 0.226 98.983 0.340
201606 -0.175 99.552 -0.262
201609 -0.157 99.064 -0.236
201612 0.315 100.366 0.468
201703 1.425 101.018 2.102
201706 -0.839 101.180 -1.236
201709 -0.191 101.343 -0.281
201712 0.592 102.564 0.860
201803 0.416 102.564 0.605
201806 -0.623 103.378 -0.898
201809 0.190 103.378 0.274
201812 0.142 103.785 0.204
201903 0.300 104.274 0.429
201906 -0.377 105.983 -0.530
201909 -0.432 105.983 -0.608
201912 0.050 107.123 0.070
202003 0.593 109.076 0.810
202006 -0.013 109.402 -0.018
202009 -0.159 109.320 -0.217
202012 -0.189 109.565 -0.257
202103 0.702 112.658 0.929
202106 -0.104 113.960 -0.136
202109 0.904 115.588 1.166
202112 -0.774 119.088 -0.969
202203 0.046 125.031 0.055
202206 0.198 131.705 0.224
202209 0.592 135.531 0.651
202212 -0.389 139.113 -0.417
202303 1.198 145.950 1.223
202306 0.866 147.009 0.878
202309 1.450 146.113 1.479
202312 -0.076 147.741 -0.077
202403 -0.719 149.044 -0.719

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.


Muza  (WAR:MZA) 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.


Muza Cyclically Adjusted Price-to-FCF Related Terms

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


Muza (WAR:MZA) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sienna 73, Warszawa, POL, 00-833
Muza SA together with its subsidiaries, engaged in the printing and publishing of books in Poland. The company is also engaged in trading and distribution of printed products, printing, and other media.

Muza (WAR:MZA) Headlines

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