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Maytronics (XTAE:MTRN) Cyclically Adjusted Price-to-FCF : 117.86 (As of Jun. 10, 2024)


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What is Maytronics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Maytronics's current share price is ₪16.50. Maytronics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪0.14. Maytronics's Cyclically Adjusted Price-to-FCF for today is 117.86.

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

XTAE:MTRN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 117.21   Med: 223.54   Max: 250
Current: 117.87

During the past years, Maytronics's highest Cyclically Adjusted Price-to-FCF was 250.00. The lowest was 117.21. And the median was 223.54.

XTAE:MTRN's Cyclically Adjusted Price-to-FCF is ranked worse than
86.63% of 965 companies
in the Hardware industry
Industry Median: 29.6 vs XTAE:MTRN: 117.87

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.

Maytronics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪-0.832. 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 ₪0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maytronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Maytronics'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.

Maytronics Cyclically Adjusted Price-to-FCF Chart

Maytronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Maytronics 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 - - - - 260.17

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

For the Consumer Electronics subindustry, Maytronics'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.


Maytronics's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maytronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Maytronics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.50/0.14
=117.86

* 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.

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

For example, Maytronics'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)
=-0.832/131.7762*131.7762
=-0.832

Current CPI (Mar. 2024) = 131.7762.

Maytronics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 -0.431 99.621 -0.570
201506 0.297 100.684 0.389
201509 0.427 100.392 0.560
201512 -0.241 99.792 -0.318
201603 -0.389 100.470 -0.510
201606 0.726 101.688 0.941
201609 0.413 101.861 0.534
201612 -0.386 101.863 -0.499
201703 -0.396 102.862 -0.507
201706 0.764 103.349 0.974
201709 0.528 104.136 0.668
201712 -0.457 104.011 -0.579
201803 -0.665 105.290 -0.832
201806 0.801 106.317 0.993
201809 0.528 106.507 0.653
201812 -0.359 105.998 -0.446
201903 -0.934 107.251 -1.148
201906 1.147 108.070 1.399
201909 0.917 108.329 1.115
201912 -0.228 108.420 -0.277
202003 -0.933 108.902 -1.129
202006 1.234 108.767 1.495
202009 1.468 109.815 1.762
202012 -0.155 109.897 -0.186
202103 -1.202 111.754 -1.417
202106 1.928 114.631 2.216
202109 0.742 115.734 0.845
202112 -1.085 117.630 -1.215
202203 -2.156 121.301 -2.342
202206 0.934 125.017 0.984
202209 -0.427 125.227 -0.449
202212 -1.397 125.222 -1.470
202303 -1.904 127.348 -1.970
202306 2.190 128.729 2.242
202309 0.886 129.860 0.899
202312 -0.671 129.419 -0.683
202403 -0.832 131.776 -0.832

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.


Maytronics  (XTAE:MTRN) 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.


Maytronics Cyclically Adjusted Price-to-FCF Related Terms

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


Maytronics (XTAE:MTRN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kibbutz Yizreel, Jezreel, ISR, 19350
Maytronics Ltd is an Israel-based company which provides a complete solution for swimming pool care. It delivers automatic pool cleaners, environment-friendly water treatment systems, and pool safety products to residential and commercial swimming pool owners and operators across the world. The company's product brands are Dolphin line of robotic pool cleaners, the AQUAlife pool covers and Aqualarm and Espio pool alarms. Its operating segment includes Manufacturing of private pool cleaning robots as a key revenue driver; Manufacturing of public pool cleaning robots and Safety products and related pool products.