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MasTec (MasTec) Cyclically Adjusted Price-to-FCF : 17.74 (As of Apr. 27, 2024)


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What is MasTec Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), MasTec's current share price is $89.04. MasTec's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.02. MasTec's Cyclically Adjusted Price-to-FCF for today is 17.74.

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

MTZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.52   Med: 25.9   Max: 77.38
Current: 17.73

During the past years, MasTec's highest Cyclically Adjusted Price-to-FCF was 77.38. The lowest was 10.52. And the median was 25.90.

MTZ's Cyclically Adjusted Price-to-FCF is ranked better than
50.18% of 566 companies
in the Construction industry
Industry Median: 17.73 vs MTZ: 17.73

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.

MasTec's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $5.844. 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 $5.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MasTec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MasTec'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.

MasTec Cyclically Adjusted Price-to-FCF Chart

MasTec 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 28.84 22.76 22.33 19.56 15.08

MasTec 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 19.56 22.27 27.72 15.91 15.08

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

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



MasTec 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=89.04/5.02
=17.74

* 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.

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

For example, MasTec'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)
=5.844/129.4194*129.4194
=5.844

Current CPI (Dec. 2023) = 129.4194.

MasTec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.646 99.695 -0.839
201406 0.504 100.560 0.649
201409 0.027 100.428 0.035
201412 2.615 99.070 3.416
201503 1.204 99.621 1.564
201506 0.172 100.684 0.221
201509 0.957 100.392 1.234
201512 1.166 99.792 1.512
201603 0.031 100.470 0.040
201606 -0.467 101.688 -0.594
201609 0.901 101.861 1.145
201612 0.616 101.863 0.783
201703 1.525 102.862 1.919
201706 -3.430 103.349 -4.295
201709 2.915 104.136 3.623
201712 -0.757 104.011 -0.942
201803 0.741 105.290 0.911
201806 -1.570 106.317 -1.911
201809 -0.539 106.507 -0.655
201812 5.886 105.998 7.187
201903 -1.074 107.251 -1.296
201906 4.953 108.070 5.932
201909 0.820 108.329 0.980
201912 0.887 108.420 1.059
202003 1.892 108.902 2.248
202006 2.635 108.767 3.135
202009 2.257 109.815 2.660
202012 3.048 109.897 3.589
202103 2.832 111.754 3.280
202106 0.584 114.631 0.659
202109 1.547 115.734 1.730
202112 3.463 117.630 3.810
202203 0.646 121.301 0.689
202206 -3.133 125.017 -3.243
202209 1.248 125.227 1.290
202212 2.353 125.222 2.432
202303 -1.945 127.348 -1.977
202306 -0.858 128.729 -0.863
202309 3.265 129.860 3.254
202312 5.844 129.419 5.844

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.


MasTec  (NYSE:MTZ) 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.


MasTec Cyclically Adjusted Price-to-FCF Related Terms

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


MasTec (MasTec) Business Description

Industry
Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
Executives
Paul Dimarco officer: CFO 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love officer: CAO 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar director 2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple officer: Chief Operations Officer 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell officer: EVP & CFO 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I officer: Executive Vice President 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita officer: CFO 3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano director AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson director NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez director 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas director, 10 percent owner 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas director, officer: EVP 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo director C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134

MasTec (MasTec) Headlines

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