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Sage Therapeutics (FRA:SG7) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Sage Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sage 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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Sage Therapeutics Cyclically Adjusted Price-to-FCF Chart

Sage Therapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sage Therapeutics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sage Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Sage 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.


Sage Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Sage 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.

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

For example, Sage Therapeutics'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)
=-0.579/131.7762*131.7762
=-0.579

Current CPI (Mar. 2024) = 131.7762.

Sage Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.156 100.560 -0.204
201409 -0.300 100.428 -0.394
201412 -0.276 99.070 -0.367
201503 -0.530 99.621 -0.701
201506 -0.592 100.684 -0.775
201509 -0.604 100.392 -0.793
201512 -0.578 99.792 -0.763
201603 -0.788 100.470 -1.034
201606 -0.754 101.688 -0.977
201609 -0.834 101.861 -1.079
201612 -0.871 101.863 -1.127
201703 -1.391 102.862 -1.782
201706 -1.409 103.349 -1.797
201709 -1.037 104.136 -1.312
201712 -1.250 104.011 -1.584
201803 -1.450 105.290 -1.815
201806 -0.010 106.317 -0.012
201809 -1.490 106.507 -1.844
201812 -1.923 105.998 -2.391
201903 -2.759 107.251 -3.390
201906 -2.340 108.070 -2.853
201909 -2.294 108.329 -2.791
201912 -2.033 108.420 -2.471
202003 -2.388 108.902 -2.890
202006 -2.036 108.767 -2.467
202009 -1.487 109.815 -1.784
202012 14.788 109.897 17.732
202103 -1.570 111.754 -1.851
202106 -1.456 114.631 -1.674
202109 -0.995 115.734 -1.133
202112 -1.465 117.630 -1.641
202203 -1.661 121.301 -1.804
202206 -1.701 125.017 -1.793
202209 -2.026 125.227 -2.132
202212 -2.018 125.222 -2.124
202303 -2.409 127.348 -2.493
202306 -2.033 128.729 -2.081
202309 -2.130 129.860 -2.161
202312 -1.825 129.419 -1.858
202403 -0.579 131.776 -0.579

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.


Sage Therapeutics  (FRA:SG7) 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.


Sage Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Sage Therapeutics (FRA:SG7) Business Description

Industry
Traded in Other Exchanges
Address
215 First Street, Cambridge, MA, USA, 02142
Sage Therapeutics Inc is a clinical-stage biopharmaceutical company focused on brain health medicines. The company is targeting diseases and disorders of the brain with three key focus areas: depression, neurology and neuropsychiatry; also targeting two critical central nervous system, or CNS, receptor systems, GABA and NMDA. The GABA receptor family, which is recognized as the inhibitory neurotransmitter in the CNS, mediates downstream neurologic and bodily function via activation of GABAA receptors. The NMDA-type receptors of the glutamate receptor system are a excitatory receptor system in the CNS. Dysfunction in these systems is implicated in a broad range of CNS disorders.

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