Switch to:
Waters Corp (FRA:WAZ)
Price-to-Free-Cash-Flow Ratio
24.63 (As of Today)

As of today, Waters Corp's share price is €79.79. Waters Corp's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2014 was €3.11. Hence, Waters Corp's Price-to-Free-Cash-Flow Ratio for today is 24.63.

FRA:WAZ' s 10-Year Price-to-Free-Cash-Flow ratio Range
Min: 9.67   Max: 42.67
Current: 24.63

9.67
42.67

During the past 13 years, Waters Corp's highest Price-to-Free-Cash-Flow Ratio was 42.67. The lowest was 9.67. And the median was 20.82.

FRA:WAZ's Price-to-Free-Cash-Flow ratiois ranked higher than
88% of the 411 Companies
in the Global Medical Devices industry.

( Industry Median: 2429.50 vs. FRA:WAZ: 24.63 )

Waters Corp's Free Cash Flow per Share for the three months ended in Mar. 2014 was €0.80. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2014 was €3.11.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Waters Corp was 7.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 0.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 3.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 11.50% per year.

During the past 13 years, Waters Corp's highest 3-Year average Free Cash Flow per Share Growth Rate was 36.70% per year. The lowest was -2.30% per year. And the median was 13.60% per year.


Definition

Waters Corp's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=79.79/3.11
=25.66

Waters Corp's Share Price of today is €79.79.
Waters Corp's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2014 was 0.69 (Jun. 2013 ) + 0.62 (Sep. 2013 ) + 1 (Dec. 2013 ) + 0.8 (Mar. 2014 ) = €3.11.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Waters Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
pfcf 29.8017.8324.0026.1010.5618.5018.4616.5722.5123.58

Waters Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
pfcf 16.5721.1118.1920.7822.5123.9624.9526.4923.5825.63
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide