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JMI Syringes & Medical Devices (DHA:JMISMDL) Cyclically Adjusted FCF per Share : BDT12.22 (As of Dec. 2023)


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What is JMI Syringes & Medical Devices 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.

JMI Syringes & Medical Devices's adjusted free cash flow per share for the three months ended in Dec. 2023 was BDT1.298. 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 BDT12.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, JMI Syringes & Medical Devices's average Cyclically Adjusted FCF Growth Rate was 5.30% 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.

As of today (2024-05-01), JMI Syringes & Medical Devices's current stock price is BDT139.20. JMI Syringes & Medical Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT12.22. JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF of today is 11.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JMI Syringes & Medical Devices was 28.96. The lowest was 10.39. And the median was 21.88.


JMI Syringes & Medical Devices Cyclically Adjusted FCF per Share Historical Data

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Cyclically Adjusted FCF per Share Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.84

JMI Syringes & Medical Devices Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.61 11.68 11.84 11.17 12.22

Competitive Comparison of JMI Syringes & Medical Devices's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


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

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

* The bar in red indicates where JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF falls into.



JMI Syringes & Medical Devices 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, JMI Syringes & Medical Devices'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)
=1.298/129.4194*129.4194
=1.298

Current CPI (Dec. 2023) = 129.4194.

JMI Syringes & Medical Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 4.131 99.695 5.363
201406 2.389 100.560 3.075
201409 3.998 100.428 5.152
201412 5.555 99.070 7.257
201503 -1.082 99.621 -1.406
201506 2.150 100.684 2.764
201509 -1.207 100.392 -1.556
201512 6.671 99.792 8.652
201603 5.964 100.470 7.682
201606 11.230 101.688 14.293
201609 -1.714 101.861 -2.178
201612 3.826 101.863 4.861
201703 8.957 102.862 11.270
201706 -2.188 103.349 -2.740
201709 -2.875 104.136 -3.573
201712 14.642 104.011 18.219
201803 12.946 105.290 15.913
201806 -14.682 106.317 -17.872
201809 3.675 106.507 4.466
201812 8.935 105.998 10.909
201903 16.240 107.251 19.597
201906 -1.039 108.070 -1.244
201909 -7.014 108.329 -8.380
201912 2.064 108.420 2.464
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 1.274 109.815 1.501
202012 0.342 109.897 0.403
202103 1.107 111.754 1.282
202106 3.435 114.631 3.878
202109 0.588 115.734 0.658
202112 -1.808 117.630 -1.989
202203 -0.485 121.301 -0.517
202206 3.065 125.017 3.173
202209 -2.304 125.227 -2.381
202212 -0.538 125.222 -0.556
202303 1.785 127.348 1.814
202306 3.274 128.729 3.292
202309 1.217 129.860 1.213
202312 1.298 129.419 1.298

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


JMI Syringes & Medical Devices  (DHA:JMISMDL) 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.

JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=139.20/12.22
=11.39

* 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 JMI Syringes & Medical Devices was 28.96. The lowest was 10.39. And the median was 21.88.


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.


JMI Syringes & Medical Devices Cyclically Adjusted FCF per Share Related Terms

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


JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

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