GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Voxel SA (WAR:VOX) » Definitions » Cyclically Adjusted FCF per Share

Voxel (WAR:VOX) Cyclically Adjusted FCF per Share : zł4.44 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Voxel Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Voxel's adjusted free cash flow per share for the three months ended in Mar. 2024 was zł-0.239. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is zł4.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Voxel's average Cyclically Adjusted FCF Growth Rate was 30.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-10), Voxel's current stock price is zł96.80. Voxel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł4.44. Voxel's Cyclically Adjusted Price-to-FCF of today is 21.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Voxel was 32.51. The lowest was 12.02. And the median was 16.60.


Voxel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Voxel's Cyclically Adjusted FCF per Share 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.

Voxel Cyclically Adjusted FCF per Share Chart

Voxel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.03 3.19 4.38

Voxel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.41 3.73 4.04 4.38 4.44

Competitive Comparison of Voxel's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Voxel'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.


Voxel's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Voxel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Voxel Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Voxel'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)
=-0.239/149.0435*149.0435
=-0.239

Current CPI (Mar. 2024) = 149.0435.

Voxel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.086 101.180 0.127
201409 0.136 100.611 0.201
201412 0.467 100.122 0.695
201503 0.291 100.041 0.434
201506 0.912 100.448 1.353
201509 0.284 99.634 0.425
201512 1.092 99.471 1.636
201603 0.119 98.983 0.179
201606 0.062 99.552 0.093
201609 0.139 99.064 0.209
201612 0.945 100.366 1.403
201703 0.247 101.018 0.364
201706 0.282 101.180 0.415
201709 -0.043 101.343 -0.063
201712 2.302 102.564 3.345
201803 -0.394 102.564 -0.573
201806 0.307 103.378 0.443
201809 0.259 103.378 0.373
201812 1.744 103.785 2.505
201903 0.216 104.274 0.309
201906 -0.425 105.983 -0.598
201909 0.689 105.983 0.969
201912 1.692 107.123 2.354
202003 0.531 109.076 0.726
202006 0.341 109.402 0.465
202009 -0.551 109.320 -0.751
202012 2.494 109.565 3.393
202103 1.337 112.658 1.769
202106 2.066 113.960 2.702
202109 0.207 115.588 0.267
202112 3.439 119.088 4.304
202203 2.116 125.031 2.522
202206 -0.984 131.705 -1.114
202209 1.691 135.531 1.860
202212 3.433 139.113 3.678
202303 0.923 145.950 0.943
202306 1.585 147.009 1.607
202309 2.040 146.113 2.081
202312 3.553 147.741 3.584
202403 -0.239 149.044 -0.239

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Voxel  (WAR:VOX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Voxel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=96.80/4.44
=21.80

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Voxel was 32.51. The lowest was 12.02. And the median was 16.60.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Voxel Cyclically Adjusted FCF per Share Related Terms

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


Voxel (WAR:VOX) Business Description

Industry
Traded in Other Exchanges
Address
ulica Wielicka 265, Krakow, POL, 30-663
Voxel SA is a network of diagnostic imaging laboratories created for patients and to increase access to high-quality tests. The company operates diagnostic imaging centers and laboratories and provides several services such as magnetic resonance imaging, computed tomography and positron emission tomography. It has 33 specialised laboratories in 21 cities throughout Poland.

Voxel (WAR:VOX) Headlines

From GuruFocus

KCM INVESTMENT ADVISORS LLC Buys 3, Sells 2 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-10-2022

KCM INVESTMENT ADVISORS LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-31-2023