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Orthofix Medical (Orthofix Medical) Cyclically Adjusted Price-to-FCF : 14.27 (As of Apr. 27, 2024)


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What is Orthofix Medical Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Orthofix Medical's current share price is $12.99. Orthofix Medical's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.91. Orthofix Medical's Cyclically Adjusted Price-to-FCF for today is 14.27.

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

OFIX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.62   Med: 26.43   Max: 54.95
Current: 14.21

During the past years, Orthofix Medical's highest Cyclically Adjusted Price-to-FCF was 54.95. The lowest was 9.62. And the median was 26.43.

OFIX's Cyclically Adjusted Price-to-FCF is ranked better than
86.03% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.33 vs OFIX: 14.21

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.

Orthofix Medical's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.585. 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 $0.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orthofix Medical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orthofix Medical'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.

Orthofix Medical Cyclically Adjusted Price-to-FCF Chart

Orthofix Medical 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 34.25 27.61 22.27 14.41 14.74

Orthofix Medical 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 14.41 13.28 15.76 12.31 14.74

Competitive Comparison of Orthofix Medical's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Orthofix Medical'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.


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

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

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



Orthofix Medical 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.99/0.91
=14.27

* 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.

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

For example, Orthofix Medical'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)
=-0.585/129.4194*129.4194
=-0.585

Current CPI (Dec. 2023) = 129.4194.

Orthofix Medical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.767 99.695 -0.996
201406 1.373 100.560 1.767
201409 0.685 100.428 0.883
201412 0.439 99.070 0.573
201503 -0.137 99.621 -0.178
201506 -0.108 100.684 -0.139
201509 0.528 100.392 0.681
201512 0.551 99.792 0.715
201603 -0.093 100.470 -0.120
201606 0.704 101.688 0.896
201609 0.714 101.861 0.907
201612 0.915 101.863 1.163
201703 -0.823 102.862 -1.035
201706 0.086 103.349 0.108
201709 0.488 104.136 0.606
201712 1.392 104.011 1.732
201803 -0.371 105.290 -0.456
201806 0.710 106.317 0.864
201809 0.632 106.507 0.768
201812 0.869 105.998 1.061
201903 -0.310 107.251 -0.374
201906 0.210 108.070 0.251
201909 0.380 108.329 0.454
201912 0.330 108.420 0.394
202003 0.390 108.902 0.463
202006 0.689 108.767 0.820
202009 0.954 109.815 1.124
202012 0.913 109.897 1.075
202103 -0.120 111.754 -0.139
202106 -0.361 114.631 -0.408
202109 0.174 115.734 0.195
202112 0.250 117.630 0.275
202203 -0.672 121.301 -0.717
202206 -0.544 125.017 -0.563
202209 -0.340 125.227 -0.351
202212 -0.176 125.222 -0.182
202303 -1.283 127.348 -1.304
202306 -0.499 128.729 -0.502
202309 -0.587 129.860 -0.585
202312 -0.585 129.419 -0.585

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.


Orthofix Medical  (NAS:OFIX) 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.


Orthofix Medical Cyclically Adjusted Price-to-FCF Related Terms

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


Orthofix Medical (Orthofix Medical) Business Description

Traded in Other Exchanges
Address
3451 Plano Parkway, Lewisville, TX, USA, 75056
Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two main segments: global spine, including bone growth and healing therapies, spinal implants, and regenerative tissue products; and global orthopedics, providing products used in fracture repair, deformity correction, and bone reconstruction procedures. The majority of the company's sales come from the global spine segment in the United States. Orthofix distributes its products throughout North America, Europe, and several countries globally. The company provides solutions to hospitals, physicians, other healthcare providers, and patients.
Executives
James F. Hinrichs director 3750 TORREY VIEW COURT, SAN DIEGO CA 92130
Puja Leekha officer: CECO & Interim CLO 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Geoffrey C Gillespie officer: VP, Controller, Interim CFO 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kevin J. Kenny officer: President of Global Spine C/O CARDIOVASCULAR SYSTEMS, INC., 1225 OLD HIGHWAY 8 NW, ST. PAUL MN 55112
Shweta Maniar director C/O SEASPINE HOLDINGS CORP, 5770 ARMADA DRIVE, CARLSBAD CA 92008
Stuart Essig director 311 C ENTERPRISE DRIVE, PLAINSBORO NJ 08536
John J. Bostjancic officer: CFO C/O SEASPINE HOLDINGS CORPORATION, 2302 LA MIRADA DRIVE, VISTA CA 92081
Keith Valentine director, officer: President & CEO 7475 LUSK BLVD., SAN DIEGO CA 92121
Henneman John B Iii director 311 C ENTERPRISE DRIVE, PLAINSBORO NJ 08536
Patrick L Keran officer: Chief Legal Officer 6725 MESA RIDGE RD., SUITE 100, SAN DIEGO CA 92121
Thomas A. West director C/O INTERSECT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Michael E Paolucci director 7475 LUSK BLVD., SAN DIEGO CA 92121
Catherine M Burzik director
Rice Doug officer: CFO 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kimberley A. Elting officer: Chief Legal Officer 3451 PLANO PARKWAY, LEWISVILLE TX 75056

Orthofix Medical (Orthofix Medical) Headlines

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