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Emergent BioSolutions (STU:ER4) Cyclically Adjusted Price-to-FCF : 5.39 (As of May. 26, 2024)


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What is Emergent BioSolutions Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Emergent BioSolutions's current share price is €4.313. Emergent BioSolutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.80. Emergent BioSolutions's Cyclically Adjusted Price-to-FCF for today is 5.39.

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

STU:ER4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.81   Med: 77.17   Max: 190.15
Current: 5.53

During the past years, Emergent BioSolutions's highest Cyclically Adjusted Price-to-FCF was 190.15. The lowest was 1.81. And the median was 77.17.

STU:ER4's Cyclically Adjusted Price-to-FCF is ranked better than
94.89% of 313 companies
in the Drug Manufacturers industry
Industry Median: 33.08 vs STU:ER4: 5.53

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.

Emergent BioSolutions's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.294. 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 €0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emergent BioSolutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emergent BioSolutions'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.

Emergent BioSolutions Cyclically Adjusted Price-to-FCF Chart

Emergent BioSolutions 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 67.76 70.96 25.99 7.71 2.78

Emergent BioSolutions 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 8.60 8.41 4.09 2.78 2.94

Competitive Comparison of Emergent BioSolutions's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Emergent BioSolutions'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.


Emergent BioSolutions's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Emergent BioSolutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Emergent BioSolutions 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.

Emergent BioSolutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.313/0.8
=5.39

* 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.

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

For example, Emergent BioSolutions'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)
=-1.294/131.7762*131.7762
=-1.294

Current CPI (Mar. 2024) = 131.7762.

Emergent BioSolutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.115 100.560 0.151
201409 1.228 100.428 1.611
201412 0.769 99.070 1.023
201503 -1.825 99.621 -2.414
201506 -0.152 100.684 -0.199
201509 1.693 100.392 2.222
201512 -0.192 99.792 -0.254
201603 0.445 100.470 0.584
201606 -0.510 101.688 -0.661
201609 0.182 101.861 0.235
201612 -0.609 101.863 -0.788
201703 0.402 102.862 0.515
201706 0.794 103.349 1.012
201709 0.368 104.136 0.466
201712 1.080 104.011 1.368
201803 -0.206 105.290 -0.258
201806 0.351 106.317 0.435
201809 2.461 106.507 3.045
201812 -3.154 105.998 -3.921
201903 1.442 107.251 1.772
201906 -0.858 108.070 -1.046
201909 -0.319 108.329 -0.388
201912 1.469 108.420 1.785
202003 0.585 108.902 0.708
202006 1.540 108.767 1.866
202009 0.930 109.815 1.116
202012 3.160 109.897 3.789
202103 -0.786 111.754 -0.927
202106 -1.486 114.631 -1.708
202109 -0.609 115.734 -0.693
202112 4.670 117.630 5.232
202203 -1.245 121.301 -1.353
202206 -0.903 125.017 -0.952
202209 -2.063 125.227 -2.171
202212 1.312 125.222 1.381
202303 -3.704 127.348 -3.833
202306 -2.310 128.729 -2.365
202309 0.857 129.860 0.870
202312 0.364 129.419 0.371
202403 -1.294 131.776 -1.294

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.


Emergent BioSolutions  (STU:ER4) 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.


Emergent BioSolutions Cyclically Adjusted Price-to-FCF Related Terms

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Emergent BioSolutions (STU:ER4) Business Description

Traded in Other Exchanges
Address
400 Professional Drive, Suite 400, Gaithersburg, MD, USA, 20879
Emergent BioSolutions Inc offers public health products to the government and healthcare providers. The company has four main units: vaccines, which produces specialty vaccines for public health threats; devices, such as nasal sprays, skin lotions, and injections; therapeutics, which includes antibody-based treatments; and contract development and manufacturing, which brings treatments to market through collaboration with the pharmaceutical and biotechnology industries and the United States government. Most revenue comes from U.S. government purchases of vaccines, devices, and therapeutic products. The company operates in two reportable segments; the Products Segment and the Services Segment.

Emergent BioSolutions (STU:ER4) Headlines

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