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Owens & Minor (Owens & Minor) Cyclically Adjusted FCF per Share : $2.57 (As of Dec. 2023)


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What is Owens & Minor Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Owens & Minor's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.729. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Owens & Minor's average Cyclically Adjusted FCF Growth Rate was 30.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Owens & Minor was 81.70% per year. The lowest was -14.10% per year. And the median was 10.00% per year.

As of today (2024-04-27), Owens & Minor's current stock price is $25.09. Owens & Minor's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.57. Owens & Minor's Cyclically Adjusted Price-to-FCF of today is 9.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Owens & Minor was 33.07. The lowest was 1.87. And the median was 18.20.


Owens & Minor Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Owens & Minor's Cyclically Adjusted FCF per Share 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.

Owens & Minor Cyclically Adjusted FCF per Share Chart

Owens & Minor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.83 2.00 1.97 2.57

Owens & Minor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 1.97 1.85 2.20 2.43 2.57

Competitive Comparison of Owens & Minor's Cyclically Adjusted FCF per Share

For the Medical Distribution subindustry, Owens & Minor'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.


Owens & Minor's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

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

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



Owens & Minor Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Owens & Minor'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)
=0.729/129.4194*129.4194
=0.729

Current CPI (Dec. 2023) = 129.4194.

Owens & Minor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.267 99.695 1.645
201406 -0.711 100.560 -0.915
201409 -0.123 100.428 -0.159
201412 -1.634 99.070 -2.135
201503 2.524 99.621 3.279
201506 1.074 100.684 1.381
201509 -0.808 100.392 -1.042
201512 0.967 99.792 1.254
201603 0.617 100.470 0.795
201606 -0.135 101.688 -0.172
201609 1.540 101.861 1.957
201612 0.562 101.863 0.714
201703 -0.685 102.862 -0.862
201706 -1.097 103.349 -1.374
201709 1.247 104.136 1.550
201712 0.637 104.011 0.793
201803 0.069 105.290 0.085
201806 0.202 106.317 0.246
201809 0.987 106.507 1.199
201812 -0.421 105.998 -0.514
201903 -1.245 107.251 -1.502
201906 1.315 108.070 1.575
201909 1.624 108.329 1.940
201912 0.212 108.420 0.253
202003 1.449 108.902 1.722
202006 0.827 108.767 0.984
202009 1.699 109.815 2.002
202012 0.537 109.897 0.632
202103 0.265 111.754 0.307
202106 -0.331 114.631 -0.374
202109 0.625 115.734 0.699
202112 0.439 117.630 0.483
202203 0.904 121.301 0.965
202206 0.460 125.017 0.476
202209 0.250 125.227 0.258
202212 0.466 125.222 0.482
202303 1.422 127.348 1.445
202306 3.478 128.729 3.497
202309 1.402 129.860 1.397
202312 0.729 129.419 0.729

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Owens & Minor  (NYSE:OMI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Owens & Minor's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.09/2.57
=9.76

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Owens & Minor was 33.07. The lowest was 1.87. And the median was 18.20.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Owens & Minor Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Owens & Minor's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Owens & Minor (Owens & Minor) Business Description

Industry
Traded in Other Exchanges
Address
9120 Lockwood Boulevard, Mechanicsville, VA, USA, 23116
Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment includes the United States distribution business (Medical Distribution), outsourced logistics and value-added services business, and Global Products business which manufactures and sources medical surgical products through production and kitting operations. The Patient Direct segment includes home healthcare businesses (Byram and Apria).
Executives
Jonathan A Leon officer: SVP, Corporate Treasurer OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Perry A Bernocchi officer: EVP & CEO Patient Direct OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Heath H Galloway officer: EVP,General Counsel & CorpSecy OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Alexander J Bruni officer: EVP, CFO OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Edward A Pesicka director, officer: President & CEO 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Michael Wayne Lowry other: & Interim Chief Acctg Officer 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Snehashish Sarkar other: Chief Information Officer OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Robert J Henkel director C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Carissa Rollins director 5200 ILLUMINA WAY, SAN DIEGO CA 92122
Tammy L Gomez officer: EVP, CHRO OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Jeffrey T Jochims officer: EVP, Strategy & Solutions OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Rita Johnson-mills director C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Teresa L. Kline director C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Gwendolyn M Bingham director C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Daniel J Starck officer: EVP, Pres. Patient Direct, other: & CEO, Apria CORVEL CORPORATION, 2010 MAIN STREET, SUITE 600, IRVINE CA 92614