As of today (2024-04-23), Medtronic's share price is $81.29.
Medtronic's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $3.70. Hence, Medtronic's Price-to-Free-Cash-Flow Ratio for today is 21.96.
The historical rank and industry rank for Medtronic's Price-to-Free-Cash-Flow or its related term are showing as below:
MDT'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.93 Med: 23.29 Max: 38.33
Current: 21.93
During the past 13 years, Medtronic's highest Price-to-Free-Cash-Flow Ratio was 38.33. The lowest was 10.93. And the median was 23.29.
MDT's Price-to-Free-Cash-Flow is ranked better than 64.48% of 335
companies
in the Medical Devices & Instruments industry
Industry Median: 31.24
vs MDT: 21.93
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Medtronic was 18.80% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was -8.30% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 3.40% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was -0.50% per year.
During the past 13 years, Medtronic's highest 3-Year average Free Cash Flow per Share Growth Rate was 75.50% per year. The lowest was -19.80% per year. And the median was 10.90% per year.
Medtronic Price-to-Free-Cash-Flow Historical Data
The historical data trend for Medtronic's Price-to-Free-Cash-Flow 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.
For the Medical Devices subindustry, Medtronic's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
Medtronic Price-to-Free-Cash-Flow Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Medtronic's Price-to-Free-Cash-Flow falls into.
Medtronic Price-to-Free-Cash-Flow Calculation
Medtronic's Price-to-Free-Cash-Flow ratio for today is calculated as
Medtronic's Share Price of today is $81.29.
Medtronic's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.70.
* 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.
It can also be calculated from the numbers for the whole company:
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.
Medtronic Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Medtronic's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.
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