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Neuren Pharmaceuticals (ASX:NEU) Cyclically Adjusted Price-to-FCF : 309.14 (As of May. 31, 2024)


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What is Neuren Pharmaceuticals Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Neuren Pharmaceuticals's current share price is A$21.64. Neuren Pharmaceuticals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was A$0.07. Neuren Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is 309.14.

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

ASX:NEU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 266.43   Med: 296.43   Max: 344.43
Current: 314.57

During the past 13 years, Neuren Pharmaceuticals's highest Cyclically Adjusted Price-to-FCF was 344.43. The lowest was 266.43. And the median was 296.43.

ASX:NEU's Cyclically Adjusted Price-to-FCF is ranked worse than
93.33% of 105 companies
in the Biotechnology industry
Industry Median: 50.31 vs ASX:NEU: 314.57

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.

Neuren Pharmaceuticals's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was A$1.414. 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 A$0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neuren Pharmaceuticals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Neuren Pharmaceuticals'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.

Neuren Pharmaceuticals Cyclically Adjusted Price-to-FCF Chart

Neuren Pharmaceuticals 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 - - - - 379.27

Neuren Pharmaceuticals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - - - - 379.27

Competitive Comparison of Neuren Pharmaceuticals's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Neuren Pharmaceuticals'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.


Neuren Pharmaceuticals's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Neuren Pharmaceuticals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Neuren Pharmaceuticals 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.64/0.07
=309.14

* 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.

Neuren Pharmaceuticals's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Neuren Pharmaceuticals's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.414/126.3989*126.3989
=1.414

Current CPI (Dec23) = 126.3989.

Neuren Pharmaceuticals Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.083 99.002 -0.106
201512 -0.152 100.673 -0.191
201612 -0.139 102.159 -0.172
201712 -0.060 104.110 -0.073
201812 0.065 105.967 0.078
201912 -0.117 107.917 -0.137
202012 -0.076 108.846 -0.088
202112 -0.085 112.654 -0.095
202212 0.028 121.477 0.029
202312 1.414 126.399 1.414

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.


Neuren Pharmaceuticals  (ASX:NEU) 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.


Neuren Pharmaceuticals Cyclically Adjusted Price-to-FCF Related Terms

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Neuren Pharmaceuticals (ASX:NEU) Business Description

Traded in Other Exchanges
Address
697 Burke Road, Suite 201, Camberwell, Melbourne, VIC, AUS, 3124
Neuren Pharmaceuticals Ltd is a biopharmaceutical company, which engages in the development of new therapies for brain injury, neurodevelopment, and neurodegenerative disorders. Its drugs target symptoms resulting from acute traumatic brain injury, as well as symptoms of chronic conditions, such as Rett syndrome and Fragile X syndrome.