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Meta Platforms (Meta Platforms) Cyclically Adjusted Price-to-FCF : 50.72 (As of Apr. 28, 2024)


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What is Meta Platforms Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Meta Platforms's current share price is $443.29. Meta Platforms's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.74. Meta Platforms's Cyclically Adjusted Price-to-FCF for today is 50.72.

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

META' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.25   Med: 42.01   Max: 82.15
Current: 50.49

During the past years, Meta Platforms's highest Cyclically Adjusted Price-to-FCF was 82.15. The lowest was 14.25. And the median was 42.01.

META's Cyclically Adjusted Price-to-FCF is ranked worse than
79.41% of 136 companies
in the Interactive Media industry
Industry Median: 21.87 vs META: 50.49

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.

Meta Platforms's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $4.894. 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 $8.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meta Platforms Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Cyclically Adjusted Price-to-FCF Chart

Meta Platforms 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 - 70.50 61.18 18.36 42.66

Meta Platforms 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 30.62 38.97 37.91 42.66 55.55

Competitive Comparison of Meta Platforms's Cyclically Adjusted Price-to-FCF

For the Internet Content & Information subindustry, Meta Platforms'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.


Meta Platforms's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

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

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



Meta Platforms 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=443.29/8.74
=50.72

* 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.

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

For example, Meta Platforms'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)
=4.894/129.4194*129.4194
=4.894

Current CPI (Mar. 2024) = 129.4194.

Meta Platforms Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.333 100.560 0.429
201409 0.290 100.428 0.374
201412 1.045 99.070 1.365
201503 0.422 99.621 0.548
201506 0.467 100.684 0.600
201509 0.493 100.392 0.636
201512 1.344 99.792 1.743
201603 0.807 100.470 1.040
201606 0.914 101.688 1.163
201609 1.003 101.861 1.274
201612 1.243 101.863 1.579
201703 1.286 102.862 1.618
201706 1.327 103.349 1.662
201709 1.479 104.136 1.838
201712 1.826 104.011 2.272
201803 1.714 105.290 2.107
201806 0.969 106.317 1.180
201809 1.427 106.507 1.734
201812 1.147 105.998 1.400
201903 1.907 107.251 2.301
201906 1.733 108.070 2.075
201909 2.009 108.329 2.400
201912 1.731 108.420 2.066
202003 2.595 108.902 3.084
202006 0.216 108.767 0.257
202009 2.124 109.815 2.503
202012 3.231 109.897 3.805
202103 2.755 111.754 3.190
202106 2.991 114.631 3.377
202109 3.408 115.734 3.811
202112 4.524 117.630 4.977
202203 3.149 121.301 3.360
202206 1.704 125.017 1.764
202209 0.118 125.227 0.122
202212 2.060 125.222 2.129
202303 2.764 127.348 2.809
202306 4.240 128.729 4.263
202309 5.248 129.860 5.230
202312 4.435 129.419 4.435
202403 4.894 129.419 4.894

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.


Meta Platforms  (NAS:META) 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.


Meta Platforms Cyclically Adjusted Price-to-FCF Related Terms

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


Meta Platforms (Meta Platforms) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.
Executives
Mark Zuckerberg director, 10 percent owner, officer: COB and CEO C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Jennifer Newstead officer: VP and General Counsel C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Christopher K Cox officer: Chief Product Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan officer: Chief Operating Officer 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Nicholas Clegg officer: President, Global Affairs C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth officer: Chief Technology Officer C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li officer: Chief Financial Officer ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Aaron Anderson officer: Chief Accounting Officer C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Taylor Susan J.s. officer: Chief Accounting Officer C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine officer: Chief Business Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner officer: Chief Financial Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu director C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer officer: Chief Revenue Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Michael Todd Schroepfer officer: Chief Technology Officer C/O FACEBOOK INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Marc L Andreessen director C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111

Meta Platforms (Meta Platforms) Headlines

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