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Mesabi Trust (Mesabi Trust) Cyclically Adjusted FCF per Share : $2.40 (As of Jan. 2024)


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What is Mesabi Trust 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.

Mesabi Trust's adjusted free cash flow per share for the three months ended in Jan. 2024 was $0.431. 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 $2.40 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Mesabi Trust's average Cyclically Adjusted FCF Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mesabi Trust was 21.30% per year. The lowest was -1.00% per year. And the median was 6.00% per year.

As of today (2024-04-27), Mesabi Trust's current stock price is $17.31. Mesabi Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.40. Mesabi Trust's Cyclically Adjusted Price-to-FCF of today is 7.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mesabi Trust was 17.44. The lowest was 1.74. And the median was 9.76.


Mesabi Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mesabi Trust'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.

Mesabi Trust Cyclically Adjusted FCF per Share Chart

Mesabi Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.14 2.48 2.44 2.40

Mesabi Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.44 2.46 2.45 2.44 2.40

Competitive Comparison of Mesabi Trust's Cyclically Adjusted FCF per Share

For the Steel subindustry, Mesabi Trust'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.


Mesabi Trust's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mesabi Trust 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, Mesabi Trust's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.431/129.4194*129.4194
=0.431

Current CPI (Jan. 2024) = 129.4194.

Mesabi Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.013 100.023 0.017
201407 0.301 100.520 0.388
201410 0.890 100.176 1.150
201501 0.645 98.604 0.847
201504 0.037 99.824 0.048
201507 0.202 100.691 0.260
201510 0.218 100.346 0.281
201601 0.170 99.957 0.220
201604 0.054 100.947 0.069
201607 0.047 101.524 0.060
201610 0.126 101.988 0.160
201701 0.733 102.456 0.926
201704 0.005 103.167 0.006
201707 0.610 103.278 0.764
201710 1.175 104.070 1.461
201801 0.459 104.578 0.568
201804 0.207 105.708 0.253
201807 0.965 106.324 1.175
201810 1.369 106.695 1.661
201901 0.927 106.200 1.130
201904 0.181 107.818 0.217
201907 0.875 108.250 1.046
201910 0.896 108.577 1.068
202001 0.685 108.841 0.815
202004 -0.003 108.173 -0.004
202007 0.279 109.318 0.330
202010 0.416 109.861 0.490
202101 0.894 110.364 1.048
202104 0.408 112.673 0.469
202107 1.392 115.183 1.564
202110 1.428 116.696 1.584
202201 1.562 118.619 1.704
202204 0.998 121.978 1.059
202207 0.120 125.002 0.124
202210 -0.020 125.734 -0.021
202301 -0.041 126.223 -0.042
202304 -0.066 127.992 -0.067
202307 0.354 128.974 0.355
202310 0.393 129.810 0.392
202401 0.431 129.419 0.431

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


Mesabi Trust  (NYSE:MSB) 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.

Mesabi Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.31/2.4
=7.21

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Mesabi Trust was 17.44. The lowest was 1.74. And the median was 9.76.


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.


Mesabi Trust Cyclically Adjusted FCF per Share Related Terms

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


Mesabi Trust (Mesabi Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mesabi Trust (NYSE:MSB) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118

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