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MCH Group (XSWX:MCHN) Cyclically Adjusted Price-to-FCF : 4.95 (As of Jun. 10, 2024)


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What is MCH Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), MCH Group's current share price is CHF5.20. MCH Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF1.05. MCH Group's Cyclically Adjusted Price-to-FCF for today is 4.95.

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

XSWX:MCHN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.43   Med: 40.01   Max: 104.03
Current: 4.96

During the past 13 years, MCH Group's highest Cyclically Adjusted Price-to-FCF was 104.03. The lowest was 3.43. And the median was 40.01.

XSWX:MCHN's Cyclically Adjusted Price-to-FCF is ranked better than
81.42% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs XSWX:MCHN: 4.96

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.

MCH Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF0.445. 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 CHF1.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCH Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MCH 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.

MCH Group Cyclically Adjusted Price-to-FCF Chart

MCH 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 - - - 4.46 3.98

MCH Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 4.46 - 3.98

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

For the Advertising Agencies subindustry, MCH 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.


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

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

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



MCH 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.20/1.05
=4.95

* 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.

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

For example, MCH Group'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)
=0.445/106.4612*106.4612
=0.445

Current CPI (Dec23) = 106.4612.

MCH Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 10.241 100.704 10.826
201512 9.129 99.386 9.779
201612 3.320 99.380 3.557
201712 7.680 100.213 8.159
201812 -3.533 100.906 -3.728
201912 0.454 101.063 0.478
202012 -14.313 100.241 -15.201
202112 -1.845 101.776 -1.930
202212 -1.860 104.666 -1.892
202312 0.445 106.461 0.445

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.


MCH Group  (XSWX:MCHN) 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.


MCH Group Cyclically Adjusted Price-to-FCF Related Terms

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


MCH Group (XSWX:MCHN) Business Description

Traded in Other Exchanges
Address
Messeplatz 10, Basel, CHE, 4005
MCH Group Ltd is an international live-marketing company with a services network spanning the entire exhibition and event market. As the organiser of national and international exhibitions, the MCH Group creates marketing platforms and offers exhibiting companies bespoke solutions for successful exhibition stands. With its infrastructure in Basel, Lausanne and Zurich, as well as its live marketing solutions, the firm also provides a broad range of services to corporate and public events, in addition to exhibitions and congresses. The company's majority of operating income is derived from Switzerland, where it already has a market position.

MCH Group (XSWX:MCHN) Headlines