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Echo Therapeutics (Echo Therapeutics) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Echo Therapeutics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Echo Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Echo Therapeutics'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.

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Echo Therapeutics Cyclically Adjusted Price-to-FCF Chart

Echo Therapeutics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
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Echo Therapeutics Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Echo Therapeutics's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Echo Therapeutics'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.


Echo Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Echo Therapeutics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Echo Therapeutics 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.

Echo Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Echo Therapeutics's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=-0.052/101.8610*101.8610
=-0.052

Current CPI (Sep. 2016) = 101.8610.

Echo Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200612 -1.171 85.142 -1.401
200703 -0.443 86.640 -0.521
200706 -0.638 87.906 -0.739
200709 -0.584 87.964 -0.676
200712 -0.494 88.616 -0.568
200803 -0.723 90.090 -0.817
200806 -0.505 92.320 -0.557
200809 -0.488 92.307 -0.539
200812 -0.424 88.697 -0.487
200903 -0.148 89.744 -0.168
200906 0.235 91.003 0.263
200909 -0.350 91.120 -0.391
200912 -0.631 91.111 -0.705
201003 -0.560 91.821 -0.621
201006 -0.440 91.962 -0.487
201009 -0.222 92.162 -0.245
201012 -0.047 92.474 -0.052
201103 -0.508 94.283 -0.549
201106 -0.352 95.235 -0.376
201109 -0.682 95.727 -0.726
201112 -0.574 95.213 -0.614
201203 -0.798 96.783 -0.840
201206 -0.763 96.819 -0.803
201209 -0.696 97.633 -0.726
201212 -0.722 96.871 -0.759
201303 -1.108 98.209 -1.149
201306 -0.743 98.518 -0.768
201309 -0.518 98.790 -0.534
201312 -0.305 98.326 -0.316
201403 -0.272 99.695 -0.278
201406 -0.273 100.560 -0.277
201409 -0.208 100.428 -0.211
201412 -0.125 99.070 -0.129
201503 -0.175 99.621 -0.179
201506 -0.127 100.684 -0.128
201509 -0.094 100.392 -0.095
201512 -0.058 99.792 -0.059
201603 -0.176 100.470 -0.178
201606 -0.138 101.688 -0.138
201609 -0.052 101.861 -0.052

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.


Echo Therapeutics  (OTCPK:ECTE) 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.


Echo Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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


Echo Therapeutics (Echo Therapeutics) Business Description

Traded in Other Exchanges
N/A
Address
99 Wood Avenue South, Suite 302, Iselin, NJ, USA, 08830
Echo Therapeutics Inc is a medical device company with expertise in skin permeation technology. It develops non-invasive, wireless continuous glucose monitoring system with potential use in the wearable health consumer and the diabetes outpatient market.
Executives
Michael M Goldberg director C/O MONTAUR CAPITAL PARTNERS, 152 WEST 57TH STREET, 4TH FLOOR, NEW YORK NY 10019
Uri Landesman 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Platinum Partners Value Arbitrage Fund, Lp 10 percent owner 250 WEST 55TH STREET, 14TH FLOOR, NEW YORK NY 10019
Mark Nordlicht 10 percent owner 250 WEST 55TH STREET, NEW YORK NY 10019
Platinum Management (ny) Llc 10 percent owner 250 WEST 55TH STREET, NEW YORK NY 10019
Platinum-montaur Life Sciences, Llc 10 percent owner 152 WEST 57TH STREET, 4TH FLOOR, NEW YORK NY 10019
Platinum Partners Liquid Opportunity Master Fund L.p. 10 percent owner 152 WEST 57 STREET, 4TH FLOOR, NEW YORK NY 10019
Platinum Liquid Opportunity Management (ny) Llc 10 percent owner 152 WEST 57TH STREET, 4TH FLOOR, NEW YORK NY 10019
Bernhardt Charles Thomas Iii officer: Interim CFO 23 BIRCH ROAD, MALVERN PA 19355
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
William Grieco director 830 CRESCENT CENTRE DRIVE, SUITE 610, FRANKLIN TN 37067
Platinum Long Term Growth Vii, Llc 10 percent owner 152 WEST 57TH STREET, 4TH FLOOR, NEW YORK NY 10019
Robert F Doman director, officer: EXEC. CHAIRMAN AND INTERIM CEO C/O DUSA PHARMACEUTICALS, INC., 25 UPTON DRIVE, WILMINGTON MA 01887
Patrick T Mooney director, officer: CEO AND PRESIDENT C/O SONTRA MEDICAL CORPORATION, 10 FORGE PARKWAY, FRANKLIN MA 02038
Christopher P. Schnittker officer: CFO 29 EMMONS DRIVE, SUITE C-10, PRINCETON NJ 08540

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