GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Metrovacesa SA (XMAD:MVC) » Definitions » Cyclically Adjusted Price-to-FCF

Metrovacesa (XMAD:MVC) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


View and export this data going back to . Start your Free Trial

What is Metrovacesa Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metrovacesa Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metrovacesa'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.

Metrovacesa Cyclically Adjusted Price-to-FCF Chart

Metrovacesa Annual Data
Trend Dec12 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 - - - - -

Metrovacesa Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

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

For the Residential Construction subindustry, Metrovacesa'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.


Metrovacesa's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Metrovacesa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Metrovacesa 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.

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

For example, Metrovacesa's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/120.2784*120.2784
=0.000

Current CPI (Jun. 2023) = 120.2784.

Metrovacesa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201006 0.000 94.114 0.000
201009 0.000 93.993 0.000
201012 0.000 95.953 0.000
201103 0.000 96.085 0.000
201106 0.000 97.111 0.000
201109 0.000 96.946 0.000
201112 0.000 98.235 0.000
201203 0.000 97.909 0.000
201206 0.000 98.952 0.000
201209 0.000 100.254 0.000
201212 0.000 101.052 0.000
201303 0.000 100.284 0.000
201512 0.000 100.268 0.000
201609 0.000 99.737 0.000
201612 0.000 101.842 0.000
201706 0.000 101.848 0.000
201709 0.000 101.524 0.000
201712 0.000 102.975 0.000
201803 -0.020 102.122 -0.024
201806 0.010 104.165 0.012
201809 0.011 103.818 0.013
201812 0.035 104.193 0.040
201903 -0.034 103.488 -0.040
201906 0.007 104.612 0.008
201909 -0.022 103.905 -0.025
201912 0.021 105.015 0.024
202003 0.000 103.469 0.000
202006 0.000 104.254 0.000
202009 0.000 103.521 0.000
202012 0.000 104.456 0.000
202103 0.000 104.857 0.000
202106 0.000 107.102 0.000
202109 0.000 107.669 0.000
202112 0.000 111.298 0.000
202203 0.000 115.153 0.000
202206 0.000 118.044 0.000
202209 0.000 117.221 0.000
202212 0.000 117.650 0.000
202303 0.000 118.948 0.000
202306 0.000 120.278 0.000

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.


Metrovacesa  (XMAD:MVC) 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.


Metrovacesa Cyclically Adjusted Price-to-FCF Related Terms

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


Metrovacesa (XMAD:MVC) Business Description

Traded in Other Exchanges
Address
Quintanavides street, 13, Parque vía Norte, Madrid, ESP, 28050
Metrovacesa SA is a real estate company. Its operations mainly focus on the development and sale of residential property on land classified as suitable for development. Operating segments is Residential, Commercial and Others. The company earns majority of its revenue through Residential segment. Geographically, it operates majorly in Spain.