GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Orthofix Medical Inc (FRA:OM2) » Definitions » Cyclically Adjusted Price-to-FCF

Orthofix Medical (FRA:OM2) Cyclically Adjusted Price-to-FCF : 15.88 (As of May. 28, 2024)


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

What is Orthofix Medical Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Orthofix Medical's current share price is €13.50. Orthofix Medical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.85. Orthofix Medical's Cyclically Adjusted Price-to-FCF for today is 15.88.

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

FRA:OM2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.62   Med: 26.43   Max: 54.95
Current: 15.6

During the past years, Orthofix Medical's highest Cyclically Adjusted Price-to-FCF was 54.95. The lowest was 9.62. And the median was 26.43.

FRA:OM2's Cyclically Adjusted Price-to-FCF is ranked better than
82.25% of 231 companies
in the Medical Devices & Instruments industry
Industry Median: 44.14 vs FRA:OM2: 15.60

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.

Orthofix Medical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.717. 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 €0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orthofix Medical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orthofix Medical'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.

Orthofix Medical Cyclically Adjusted Price-to-FCF Chart

Orthofix Medical 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 34.25 27.61 22.27 14.41 14.74

Orthofix Medical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.28 15.76 12.31 14.74 15.21

Competitive Comparison of Orthofix Medical's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Orthofix Medical'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.


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

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

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



Orthofix Medical 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.

Orthofix Medical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.50/0.85
=15.88

* 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.

Orthofix Medical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Orthofix Medical'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)
=-0.717/131.7762*131.7762
=-0.717

Current CPI (Mar. 2024) = 131.7762.

Orthofix Medical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.010 100.560 1.324
201409 0.531 100.428 0.697
201412 0.356 99.070 0.474
201503 -0.127 99.621 -0.168
201506 -0.096 100.684 -0.126
201509 0.471 100.392 0.618
201512 0.506 99.792 0.668
201603 -0.084 100.470 -0.110
201606 0.626 101.688 0.811
201609 0.636 101.861 0.823
201612 0.868 101.863 1.123
201703 -0.770 102.862 -0.986
201706 0.076 103.349 0.097
201709 0.410 104.136 0.519
201712 1.176 104.011 1.490
201803 -0.301 105.290 -0.377
201806 0.608 106.317 0.754
201809 0.541 106.507 0.669
201812 0.764 105.998 0.950
201903 -0.275 107.251 -0.338
201906 0.186 108.070 0.227
201909 0.345 108.329 0.420
201912 0.297 108.420 0.361
202003 0.353 108.902 0.427
202006 0.612 108.767 0.741
202009 0.810 109.815 0.972
202012 0.750 109.897 0.899
202103 -0.101 111.754 -0.119
202106 -0.299 114.631 -0.344
202109 0.148 115.734 0.169
202112 0.221 117.630 0.248
202203 -0.610 121.301 -0.663
202206 -0.515 125.017 -0.543
202209 -0.343 125.227 -0.361
202212 -0.166 125.222 -0.175
202303 -1.199 127.348 -1.241
202306 -0.460 128.729 -0.471
202309 -0.550 129.860 -0.558
202312 -0.537 129.419 -0.547
202403 -0.717 131.776 -0.717

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.


Orthofix Medical  (FRA:OM2) 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.


Orthofix Medical Cyclically Adjusted Price-to-FCF Related Terms

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


Orthofix Medical (FRA:OM2) Business Description

Traded in Other Exchanges
Address
3451 Plano Parkway, Lewisville, TX, USA, 75056
Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two main segments: global spine, including bone growth and healing therapies, spinal implants, and regenerative tissue products; and global orthopedics, providing products used in fracture repair, deformity correction, and bone reconstruction procedures. The majority of the company's sales come from the global spine segment in the United States. Orthofix distributes its products throughout North America, Europe, and several countries globally. The company provides solutions to hospitals, physicians, other healthcare providers, and patients.

Orthofix Medical (FRA:OM2) Headlines

No Headlines