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Cardiovascular Systems (FRA:R7Y1) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Cardiovascular Systems Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardiovascular Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cardiovascular Systems'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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Cardiovascular Systems Cyclically Adjusted Price-to-FCF Chart

Cardiovascular Systems Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Cardiovascular Systems Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Cardiovascular Systems's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Cardiovascular Systems'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.


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

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

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



Cardiovascular Systems 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.

Cardiovascular Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Cardiovascular Systems's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.133/125.2218*125.2218
=-0.133

Current CPI (Dec. 2022) = 125.2218.

Cardiovascular Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.099 98.209 -0.126
201306 -0.075 98.518 -0.095
201309 -0.182 98.790 -0.231
201312 -0.203 98.326 -0.259
201403 -0.151 99.695 -0.190
201406 -0.483 100.560 -0.601
201409 -0.188 100.428 -0.234
201412 -0.395 99.070 -0.499
201503 -0.274 99.621 -0.344
201506 -0.318 100.684 -0.396
201509 -0.189 100.392 -0.236
201512 -0.394 99.792 -0.494
201603 -0.087 100.470 -0.108
201606 -0.116 101.688 -0.143
201609 -0.068 101.861 -0.084
201612 0.448 101.863 0.551
201703 0.062 102.862 0.075
201706 0.071 103.349 0.086
201709 -0.090 104.136 -0.108
201712 0.021 104.011 0.025
201803 0.046 105.290 0.055
201806 0.181 106.317 0.213
201809 -0.050 106.507 -0.059
201812 0.103 105.998 0.122
201903 -0.003 107.251 -0.004
201906 0.124 108.070 0.144
201909 -0.177 108.329 -0.205
201912 0.083 108.420 0.096
202003 -0.022 108.902 -0.025
202006 -0.319 108.767 -0.367
202009 -0.072 109.815 -0.082
202012 0.018 109.897 0.021
202103 -0.059 111.754 -0.066
202106 0.007 114.631 0.008
202109 -0.259 115.734 -0.280
202112 -0.064 117.630 -0.068
202203 -0.068 121.301 -0.070
202206 -0.250 125.017 -0.250
202209 -0.366 125.227 -0.366
202212 -0.133 125.222 -0.133

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.


Cardiovascular Systems  (FRA:R7Y1) 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.


Cardiovascular Systems Cyclically Adjusted Price-to-FCF Related Terms

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Cardiovascular Systems (FRA:R7Y1) Business Description

Traded in Other Exchanges
N/A
Address
1225 Old Highway 8 Northwest, Saint Paul, MN, USA, 55112-6416
Cardiovascular Systems Inc is a medical technology company focused on patients with peripheral and coronary artery diseases. Its peripheral artery disease systems are catheter-based platforms used to treat plaque in leg arteries above and below the knee. The firm's orbital atherectomy systems are used in peripheral and coronary commercial applications. Its OAS products include the Diamondback 360 Peripheral and Stealth 360 systems. Sales of Peripheral OAS contribute the majority of revenue. Cardiovascular systems generate the vast majority of its revenue in the United States.

Cardiovascular Systems (FRA:R7Y1) Headlines

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