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Fonar (FONR) Cyclically Adjusted FCF per Share : $2.45 (As of Dec. 2024)


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What is Fonar 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.

Fonar's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.231. 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 $2.45 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Fonar's average Cyclically Adjusted FCF Growth Rate was -2.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Fonar was 192.40% per year. The lowest was -30.30% per year. And the median was 20.75% per year.

As of today (2025-04-13), Fonar's current stock price is $12.10. Fonar's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $2.45. Fonar's Cyclically Adjusted Price-to-FCF of today is 4.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fonar was 255.80. The lowest was 4.94. And the median was 11.24.


Fonar Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fonar'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.

Fonar Cyclically Adjusted FCF per Share Chart

Fonar Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 2.21 2.44 2.53 2.54

Fonar Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.51 2.55 2.54 2.48 2.45

Competitive Comparison of Fonar's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Fonar'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.


Fonar's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

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

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


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Fonar 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, Fonar's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.231/133.1571*133.1571
=0.231

Current CPI (Dec. 2024) = 133.1571.

Fonar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.400 99.621 0.535
201506 0.744 100.684 0.984
201509 0.539 100.392 0.715
201512 0.644 99.792 0.859
201603 0.355 100.470 0.470
201606 0.966 101.688 1.265
201609 0.426 101.861 0.557
201612 0.365 101.863 0.477
201703 0.386 102.862 0.500
201706 1.052 103.349 1.355
201709 0.465 104.136 0.595
201712 0.611 104.011 0.782
201803 0.462 105.290 0.584
201806 0.923 106.317 1.156
201809 0.510 106.507 0.638
201812 0.626 105.998 0.786
201903 0.404 107.251 0.502
201906 0.924 108.070 1.139
201909 0.273 108.329 0.336
201912 0.559 108.420 0.687
202003 0.271 108.902 0.331
202006 0.838 108.767 1.026
202009 0.509 109.815 0.617
202012 0.602 109.897 0.729
202103 0.247 111.754 0.294
202106 0.794 114.631 0.922
202109 0.005 115.734 0.006
202112 0.542 117.630 0.614
202203 0.389 121.301 0.427
202206 0.661 125.017 0.704
202209 0.260 125.227 0.276
202212 0.405 125.222 0.431
202303 0.315 127.348 0.329
202306 0.531 128.729 0.549
202309 0.387 129.860 0.397
202312 0.600 129.419 0.617
202403 0.405 131.776 0.409
202406 0.662 132.554 0.665
202409 -0.025 133.029 -0.025
202412 0.231 133.157 0.231

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


Fonar  (NAS:FONR) 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.

Fonar's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.10/2.45
=4.94

* 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 Fonar was 255.80. The lowest was 4.94. And the median was 11.24.


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.


Fonar Cyclically Adjusted FCF per Share Related Terms

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


Fonar Business Description

Traded in Other Exchanges
Address
110 Marcus Drive, Melville, NY, USA, 11747
Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue.
Executives
Timothy Raymond Damadian director, officer: CEO, President & Treasurer 110 MARCUS DR., MELVILLE NY 11747
Luciano B Bonanni officer: Exec VP, COO & PFO 110 MARCUS DR., MELVILLE NY 11747
Raymond V Damadian director, officer: president 31 FAIRBANKS BLVD, WOODBURY NY 11797
Robert J Janoff director 32 OSAGE DRIVE, HUNTINGTON STATION NY 11746
Data Charles O director 347 LINCOLN AVENUE, BEAVER PA 15009
Claudette Chan director 145 WEST 86TH STREET, APT. 15B, NEW YORK NY 10024
David B Terry officer: Secretary BOX 1439, EAST QUOGUE NY 11942
Robert Djerejian director 303 EAST 57TH STREET, APT 16LA, NEW YORK NY 10022

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