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Matthews International (Matthews International) Cyclically Adjusted Price-to-FCF : 8.15 (As of Apr. 28, 2024)


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What is Matthews International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Matthews International's current share price is $27.15. Matthews International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.33. Matthews International's Cyclically Adjusted Price-to-FCF for today is 8.15.

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

MATW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.04   Med: 15   Max: 28.46
Current: 8.16

During the past years, Matthews International's highest Cyclically Adjusted Price-to-FCF was 28.46. The lowest was 6.04. And the median was 15.00.

MATW's Cyclically Adjusted Price-to-FCF is ranked better than
78.05% of 205 companies
in the Conglomerates industry
Industry Median: 18.61 vs MATW: 8.16

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.

Matthews International's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-1.337. 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 $3.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matthews International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Matthews International'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.

Matthews International Cyclically Adjusted Price-to-FCF Chart

Matthews International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 7.07 10.13 6.09 11.09

Matthews International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 8.67 9.71 11.70 11.09 11.02

Competitive Comparison of Matthews International's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Matthews International'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.


Matthews International's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Matthews International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Matthews International 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.15/3.33
=8.15

* 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.

Matthews International's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Matthews International'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)
=-1.337/129.4194*129.4194
=-1.337

Current CPI (Dec. 2023) = 129.4194.

Matthews International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.220 99.695 0.286
201406 1.088 100.560 1.400
201409 0.563 100.428 0.726
201412 -0.026 99.070 -0.034
201503 1.013 99.621 1.316
201506 1.052 100.684 1.352
201509 0.758 100.392 0.977
201512 -0.125 99.792 -0.162
201603 0.966 100.470 1.244
201606 1.153 101.688 1.467
201609 1.013 101.861 1.287
201612 0.338 101.863 0.429
201703 0.616 102.862 0.775
201706 0.998 103.349 1.250
201709 1.256 104.136 1.561
201712 -0.126 104.011 -0.157
201803 1.206 105.290 1.482
201806 0.511 106.317 0.622
201809 1.680 106.507 2.041
201812 -0.002 105.998 -0.002
201903 0.827 107.251 0.998
201906 0.995 108.070 1.192
201909 1.152 108.329 1.376
201912 -0.140 108.420 -0.167
202003 1.646 108.902 1.956
202006 1.640 108.767 1.951
202009 1.515 109.815 1.785
202012 0.876 109.897 1.032
202103 1.514 111.754 1.753
202106 0.186 114.631 0.210
202109 1.454 115.734 1.626
202112 -1.255 117.630 -1.381
202203 2.664 121.301 2.842
202206 -0.027 125.017 -0.028
202209 0.656 125.227 0.678
202212 -1.571 125.222 -1.624
202303 2.231 127.348 2.267
202306 0.604 128.729 0.607
202309 -0.342 129.860 -0.341
202312 -1.337 129.419 -1.337

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.


Matthews International  (NAS:MATW) 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.


Matthews International Cyclically Adjusted Price-to-FCF Related Terms

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


Matthews International (Matthews International) Business Description

Traded in Other Exchanges
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.
Executives
Aleta W. Richards director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci officer: President, York Casket Divisio
Ronald C Awenowicz officer: SVP, Global Compliance & HR TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane officer: SVP Matthews Automation Soluti TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner officer: SVP, Global Talent & HR 241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn officer: President, Marking Products Di
Steven F Nicola officer: Chief Financial Officer
David A Schawk director, officer: President, Brand Solutions 674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn director 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr officer: Chief Information Officer TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia director
Davor Brkovich officer: Chief Information Officer 252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl officer: President SGK 52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh officer: Treasurer 108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters officer: V.P. and General Counsel TWO NORTHSHORE CENTER, PITTSBURGH PA 15212

Matthews International (Matthews International) Headlines