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Medicalgorithmics (WAR:MDG) Cyclically Adjusted Price-to-FCF : 15.57 (As of Jun. 09, 2024)


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What is Medicalgorithmics Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Medicalgorithmics's current share price is zł26.16. Medicalgorithmics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł1.68. Medicalgorithmics's Cyclically Adjusted Price-to-FCF for today is 15.57.

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

WAR:MDG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.93   Med: 8.83   Max: 22.1
Current: 15.61

During the past years, Medicalgorithmics's highest Cyclically Adjusted Price-to-FCF was 22.10. The lowest was 2.93. And the median was 8.83.

WAR:MDG's Cyclically Adjusted Price-to-FCF is ranked better than
81.43% of 237 companies
in the Medical Devices & Instruments industry
Industry Median: 42.66 vs WAR:MDG: 15.61

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.

Medicalgorithmics's adjusted free cash flow per share data for the three months ended in Dec. 2023 was zł-0.471. 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 zł1.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medicalgorithmics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Medicalgorithmics'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.

Medicalgorithmics Cyclically Adjusted Price-to-FCF Chart

Medicalgorithmics 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 - - 9.26 5.72 18.23

Medicalgorithmics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.72 7.56 11.54 15.63 18.23

Competitive Comparison of Medicalgorithmics's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Medicalgorithmics'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.


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

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

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



Medicalgorithmics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.16/1.68
=15.57

* 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.

Medicalgorithmics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Medicalgorithmics's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.471/147.7411*147.7411
=-0.471

Current CPI (Dec. 2023) = 147.7411.

Medicalgorithmics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.755 101.262 -1.102
201406 -2.094 101.180 -3.058
201409 -0.689 100.611 -1.012
201412 1.173 100.122 1.731
201503 -0.268 100.041 -0.396
201506 3.327 100.448 4.893
201509 -4.282 99.634 -6.350
201512 5.460 99.471 8.110
201603 1.722 98.983 2.570
201606 -0.121 99.552 -0.180
201609 2.250 99.064 3.356
201612 3.433 100.366 5.053
201703 0.057 101.018 0.083
201706 -9.181 101.180 -13.406
201709 3.591 101.343 5.235
201712 3.039 102.564 4.378
201803 0.834 102.564 1.201
201806 4.528 103.378 6.471
201809 2.550 103.378 3.644
201812 2.590 103.785 3.687
201903 1.127 104.274 1.597
201906 0.776 105.983 1.082
201909 0.446 105.983 0.622
201912 -1.027 107.123 -1.416
202003 -0.874 109.076 -1.184
202006 2.001 109.402 2.702
202009 -1.369 109.320 -1.850
202012 -1.652 109.565 -2.228
202103 -1.628 112.658 -2.135
202106 -1.443 113.960 -1.871
202109 -0.874 115.588 -1.117
202112 -0.905 119.088 -1.123
202203 -1.684 125.031 -1.990
202206 -0.589 131.705 -0.661
202209 4.385 135.531 4.780
202212 -2.100 139.113 -2.230
202303 0.093 145.950 0.094
202306 -0.503 147.009 -0.506
202309 -0.244 146.113 -0.247
202312 -0.471 147.741 -0.471

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.


Medicalgorithmics  (WAR:MDG) 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.


Medicalgorithmics Cyclically Adjusted Price-to-FCF Related Terms

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


Medicalgorithmics (WAR:MDG) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Zurawia 22, Warsaw, POL, 00-515
Medicalgorithmics SA is a medical technology company. It is engaged in the development of Digital Signal Processing (DSP) algorithms development and software and hardware electronics design for medical applications.

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