GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (FRA:21P) » Definitions » Cyclically Adjusted FCF per Share

Aurora Cannabis (FRA:21P) Cyclically Adjusted FCF per Share : €-23.30 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Aurora Cannabis 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.

Aurora Cannabis's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.116. 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 €-23.30 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -35.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Aurora Cannabis was -35.30% per year. The lowest was -61.00% per year. And the median was -48.15% per year.

As of today (2024-06-20), Aurora Cannabis's current stock price is €5.24. Aurora Cannabis's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €-23.30. Aurora Cannabis's Cyclically Adjusted Price-to-FCF of today is .


Aurora Cannabis Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis Cyclically Adjusted FCF per Share Chart

Aurora Cannabis Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.35 -7.72 -13.29 -17.70 -20.42

Aurora Cannabis 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 -22.12 -23.08 -23.75 -24.49 -23.30

Competitive Comparison of Aurora Cannabis's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.


Aurora Cannabis's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aurora Cannabis 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, Aurora Cannabis'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)
=-0.116/125.0724*125.0724
=-0.116

Current CPI (Dec. 2023) = 125.0724.

Aurora Cannabis Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.067 98.604 0.085
201406 -4.445 99.473 -5.589
201409 -8.076 99.394 -10.162
201412 -6.210 98.367 -7.896
201503 -1.861 99.789 -2.333
201506 -0.619 100.500 -0.770
201509 -0.528 100.421 -0.658
201512 -1.203 99.947 -1.505
201603 -2.162 101.054 -2.676
201606 -1.197 102.002 -1.468
201609 -1.557 101.765 -1.914
201612 -2.374 101.449 -2.927
201703 -4.633 102.634 -5.646
201706 -2.463 103.029 -2.990
201709 -5.675 103.345 -6.868
201712 -7.389 103.345 -8.942
201803 -11.101 105.004 -13.223
201806 -10.938 105.557 -12.960
201809 -12.907 105.636 -15.282
201812 -11.496 105.399 -13.642
201903 -11.986 106.979 -14.013
201906 -13.545 107.690 -15.731
201909 -15.966 107.611 -18.557
201912 -19.704 107.769 -22.868
202003 -9.249 107.927 -10.718
202006 -5.013 108.401 -5.784
202009 -6.831 108.164 -7.899
202012 -2.949 108.559 -3.398
202103 -2.398 110.298 -2.719
202106 0.280 111.720 0.313
202109 -0.907 112.905 -1.005
202112 -1.195 113.774 -1.314
202203 -1.514 117.646 -1.610
202206 -1.072 120.806 -1.110
202209 -0.925 120.648 -0.959
202212 -1.355 120.964 -1.401
202303 -0.584 122.702 -0.595
202306 -0.305 124.203 -0.307
202309 -0.632 125.230 -0.631
202312 -0.116 125.072 -0.116

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


Aurora Cannabis  (FRA:21P) 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.


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.


Aurora Cannabis Cyclically Adjusted FCF per Share Related Terms

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


Aurora Cannabis (FRA:21P) Business Description

Industry
Traded in Other Exchanges
Address
3498 63 Avenue, Leduc, AB, CAN, T9E 0G8
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.

Aurora Cannabis (FRA:21P) Headlines

No Headlines