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MasterCraft Boat Holdings (MasterCraft Boat Holdings) Cyclically Adjusted FCF per Share : $2.57 (As of Dec. 2023)


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What is MasterCraft Boat Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

MasterCraft Boat Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.410. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.57 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-27), MasterCraft Boat Holdings's current stock price is $20.55. MasterCraft Boat Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.57. MasterCraft Boat Holdings's Cyclically Adjusted Price-to-FCF of today is 8.00.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of MasterCraft Boat Holdings was 11.65. The lowest was 7.71. And the median was 8.59.


MasterCraft Boat Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MasterCraft Boat Holdings's Cyclically Adjusted FCF per Share 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.

MasterCraft Boat Holdings Cyclically Adjusted FCF per Share Chart

MasterCraft Boat Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.63

MasterCraft Boat Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 - - 2.63 2.49 2.57

Competitive Comparison of MasterCraft Boat Holdings's Cyclically Adjusted FCF per Share

For the Recreational Vehicles subindustry, MasterCraft Boat 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.


MasterCraft Boat Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MasterCraft Boat Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MasterCraft Boat Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, MasterCraft Boat Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.41/129.4194*129.4194
=1.410

Current CPI (Dec. 2023) = 129.4194.

MasterCraft Boat Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.086 100.428 0.111
201412 0.772 99.070 1.008
201503 0.264 99.621 0.343
201506 0.143 100.684 0.184
201509 0.138 100.392 0.178
201512 0.419 99.792 0.543
201603 0.538 100.470 0.693
201606 0.365 101.688 0.465
201609 0.247 101.861 0.314
201612 0.391 101.863 0.497
201703 0.411 102.862 0.517
201706 0.139 103.349 0.174
201709 0.517 104.136 0.643
201712 0.605 104.011 0.753
201803 0.679 105.290 0.835
201806 0.555 106.317 0.676
201809 -0.003 106.507 -0.004
201812 1.166 105.998 1.424
201903 0.391 107.251 0.472
201906 0.674 108.070 0.807
201909 0.049 108.329 0.059
201912 0.396 108.420 0.473
202003 0.104 108.902 0.124
202006 0.302 108.767 0.359
202009 0.283 109.815 0.334
202012 0.313 109.897 0.369
202103 1.020 111.754 1.181
202106 0.668 114.631 0.754
202109 -0.847 115.734 -0.947
202112 1.237 117.630 1.361
202203 1.082 121.301 1.154
202206 1.858 125.017 1.923
202209 0.694 125.227 0.717
202212 3.008 125.222 3.109
202303 1.133 127.348 1.151
202306 1.016 128.729 1.021
202309 -0.785 129.860 -0.782
202312 1.410 129.419 1.410

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


MasterCraft Boat Holdings  (NAS:MCFT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

MasterCraft Boat Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.55/2.57
=8.00

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of MasterCraft Boat Holdings was 11.65. The lowest was 7.71. And the median was 8.59.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


MasterCraft Boat Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of MasterCraft Boat Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


MasterCraft Boat Holdings (MasterCraft Boat Holdings) Business Description

Traded in Other Exchanges
Address
100 Cherokee Cove Drive, Vonore, TN, USA, 37885
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.
Executives
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Kamilah Mitchell-thomas director C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Stephan Cloutier officer: President, Aviara C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jennifer Deason director 1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
Peter G Leemputte director CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Roch Lambert director 100 CHEROKEE COVE DRIVE, VONORE TN 37855
George Steinbarger officer: Chief Revenue Officer 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Timothy M. Oxley officer: Chief Financial Officer C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855
Scott Womack officer: President, NauticStar 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jay S. Povlin officer: President, NauticStar C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855