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UFP Technologies (UFP Technologies) Cyclically Adjusted FCF per Share : $1.78 (As of Mar. 2024)


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What is UFP Technologies 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.

UFP Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.153. 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 $1.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UFP Technologies's average Cyclically Adjusted FCF Growth Rate was 27.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% 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 UFP Technologies was 44.20% per year. The lowest was -9.30% per year. And the median was 13.15% per year.

As of today (2024-05-16), UFP Technologies's current stock price is $261.69. UFP Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.78. UFP Technologies's Cyclically Adjusted Price-to-FCF of today is 147.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UFP Technologies was 155.68. The lowest was 19.92. And the median was 38.01.


UFP Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UFP Technologies'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.

UFP Technologies Cyclically Adjusted FCF per Share Chart

UFP Technologies 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 1.11 1.24 1.31 1.37 1.62

UFP Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.40 1.45 1.57 1.62 1.78

Competitive Comparison of UFP Technologies's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, UFP Technologies'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.


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

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

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



UFP Technologies 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, UFP Technologies'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)
=1.153/129.4194*129.4194
=1.153

Current CPI (Mar. 2024) = 129.4194.

UFP Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.412 100.560 -0.530
201409 0.174 100.428 0.224
201412 0.247 99.070 0.323
201503 -1.345 99.621 -1.747
201506 0.680 100.684 0.874
201509 0.141 100.392 0.182
201512 0.074 99.792 0.096
201603 -0.553 100.470 -0.712
201606 0.169 101.688 0.215
201609 0.451 101.861 0.573
201612 0.219 101.863 0.278
201703 0.367 102.862 0.462
201706 0.107 103.349 0.134
201709 0.364 104.136 0.452
201712 0.130 104.011 0.162
201803 -0.472 105.290 -0.580
201806 1.071 106.317 1.304
201809 0.615 106.507 0.747
201812 0.915 105.998 1.117
201903 0.300 107.251 0.362
201906 0.977 108.070 1.170
201909 1.130 108.329 1.350
201912 0.975 108.420 1.164
202003 0.494 108.902 0.587
202006 0.646 108.767 0.769
202009 0.675 109.815 0.796
202012 0.916 109.897 1.079
202103 0.249 111.754 0.288
202106 0.623 114.631 0.703
202109 0.368 115.734 0.412
202112 -0.065 117.630 -0.072
202203 -0.727 121.301 -0.776
202206 -0.393 125.017 -0.407
202209 -0.317 125.227 -0.328
202212 1.922 125.222 1.986
202303 -0.059 127.348 -0.060
202306 0.794 128.729 0.798
202309 1.978 129.860 1.971
202312 1.289 129.419 1.289
202403 1.153 129.419 1.153

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


UFP Technologies  (NAS:UFPT) 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.

UFP Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=261.69/1.78
=147.02

* 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 UFP Technologies was 155.68. The lowest was 19.92. And the median was 38.01.


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.


UFP Technologies Cyclically Adjusted FCF per Share Related Terms

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


UFP Technologies (UFP Technologies) Business Description

Traded in Other Exchanges
Address
100 Hale Street, Newburyport, MA, USA, 01950-3504
UFP Technologies Inc is a designer and custom manufacturer of components, subassemblies, products and packaging utilizing highly specialized foams, films, and plastics primarily for the medical market. The company manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding and fabricating manufacturing techniques. It is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The company's single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.
Executives
R Jeffrey Bailly director, 10 percent owner, officer: President and CEO 100 HALE STREET, NEWBURYPORT MA 01950
Mitchell Rock officer: Vice President C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833
Jason Holt officer: Vice President 100 HALE STREET, NEWBURYPORT MA 01950
Symeria Hudson director 100 HALE STREET, NEWBURYPORT MA 01950
Joseph Hassett director ONE TECHNOLOGY WAY, NORWOOD MA 02062
Daniel C Croteau director C/O LYNCH, BREWER, HOFFMAN & FINK, LLP, 75 FEDERAL STREET, 7TH FLOOR, BOSTON MA 02110
Cynthia L Feldmann director 17 WINTHROP ROAD, WAYLAND MA 01778
Christopher P. Litterio officer: Senior Vice President C/O UFP TECHNOLOGIES, INC., 100 HALE STREET, NEWBURYPORT MA 02143
Ronald J Lataille officer: Chief Financial Officer
Thomas Oberdorf director C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Marc D Kozin director
Steve Cardin officer: Vice President 100 HALE STREET, NEWBURYPORT MA 01950
Daniel J Shaw officer: Vice President
W David Smith officer: Vice President 172 EAST MAIN STREET, GEORGETOWN MA 01833
Pierce Robert W Jr director C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833