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Novelion Therapeutics (STU:QLTA) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novelion Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Novelion 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.

* Premium members only.

Novelion Therapeutics Cyclically Adjusted Price-to-FCF Chart

Novelion Therapeutics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Novelion Therapeutics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Novelion Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Novelion 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.


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

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

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



Novelion 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.

Novelion Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Novelion Therapeutics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=0.389/106.9792*106.9792
=0.389

Current CPI (Mar. 2019) = 106.9792.

Novelion Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 0.196 90.940 0.231
200909 3.533 90.624 4.171
200912 -1.353 90.703 -1.596
201003 -0.332 91.335 -0.389
201006 -0.181 91.809 -0.211
201009 0.899 92.362 1.041
201012 -0.153 92.836 -0.176
201103 -0.726 94.338 -0.823
201106 -0.349 94.654 -0.394
201109 -0.073 95.286 -0.082
201112 -0.264 94.970 -0.297
201203 -0.945 96.155 -1.051
201206 -0.923 96.076 -1.028
201209 -0.820 96.392 -0.910
201212 -0.601 95.760 -0.671
201303 -0.709 97.103 -0.781
201306 -0.477 97.182 -0.525
201309 -0.368 97.419 -0.404
201312 -0.364 96.945 -0.402
201403 -0.358 98.604 -0.388
201406 -0.467 99.473 -0.502
201409 -0.459 99.394 -0.494
201412 1.428 98.367 1.553
201503 -0.430 99.789 -0.461
201506 -0.447 100.500 -0.476
201509 -0.352 100.421 -0.375
201512 -0.454 99.947 -0.486
201603 -0.763 101.054 -0.808
201606 -0.414 102.002 -0.434
201609 -0.591 101.765 -0.621
201612 -0.960 101.449 -1.012
201703 -1.267 102.634 -1.321
201706 -0.103 103.029 -0.107
201709 -0.569 103.345 -0.589
201712 -0.722 103.345 -0.747
201803 -1.004 105.004 -1.023
201806 -0.538 105.557 -0.545
201809 -0.560 105.636 -0.567
201812 -0.437 105.399 -0.444
201903 0.389 106.979 0.389

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.


Novelion Therapeutics  (STU:QLTA) 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.


Novelion Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Novelion Therapeutics (STU:QLTA) Business Description

Traded in Other Exchanges
N/A
Address
c/o Norton Rose Fulbright, 1800 West Georgia Street, Suite 510, Vancouver, BC, CAN, V6B 0M3
Headquartered in Vancouver, Canada, QLT is a biotechnology company that researches and develops products used to treat conditions of the eye. After a recent board change, QLT divested its only marketed product, a laser treatment called Visudyne for the treatment of wet age-related macular degeneration and subfoveal choroidal neovascularization. QLT also earns royalty payments on other certain previously divested products. Following recent pipeline changes, the company currently has one product in development for two rare eye conditions.