I have a jsf page with a form has an outputtext in it. The value of outputtext component is called from a backing bean (or managed bean). I know when I code it as #{MyBean.m
The getter, as its name already self-describes, is just there with the pure purpose to retrieve the data. JSF doesn't cache this data. It will call it whenever needed. The cost of calling a getter is in practice nihil --unless you do something more than returning the data, e.g. hitting the DB everytime, this logic should then be moved out of the getter or be turned into lazy loading.
In case of a form submit, the first get call is usually fired during validations phase to check if there is any initial value so that JSF can handle the value change event. The second call is usually fired during render response phase to display the model value in the view.
You may find this article useful as well to learn more about the JSF lifecycle. You may find this answer useful to learn more about ways to do preprocessing/initialization in a backing bean.