EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Globus Medical's Enterprise Value is $6,821 Mil.
Globus Medical's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $165 Mil. Therefore, Globus Medical's EV-to-FCF for today is 41.29.
The historical rank and industry rank for Globus Medical's EV-to-FCF or its related term are showing as below:
GMED'
s EV-to-FCF Range Over the Past 10 Years
Min: 14.1 Med: 38.47 Max: 73.73
Current: 41.29
During the past 13 years, the highest EV-to-FCF of Globus Medical was 73.73. The lowest was 14.10. And the median was 38.47.
GMED's EV-to-FCF is ranked worse than 66.12% of 369
companies
in the Medical Devices & Instruments industry
Industry Median: 26.55
vs GMED: 41.29
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The historical data trend for Globus Medical's EV-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.
Competitive Comparison of Globus Medical's EV-to-FCF
For the Medical Devices subindustry, Globus Medical's EV-to-FCF, along with its competitors' market caps and EV-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.
Globus Medical's EV-to-FCF Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Globus Medical's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Globus Medical's EV-to-FCF falls into.
Globus Medical's current Enterprise Value is $6,821 Mil.
Globus Medical's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $165 Mil.
* 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.
Globus Medical (NYSE:GMED) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Globus Medical's PE Ratio for today is calculated as:
Globus Medical's share price for today is $50.55.
Globus Medical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.170.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Globus Medical EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Globus Medical's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Globus Medical (Globus Medical) Business Description
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.
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