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Vericel (FRA:ATQP) Cyclically Adjusted FCF per Share : €-0.17 (As of Mar. 2025)


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What is Vericel 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.

Vericel's adjusted free cash flow per share for the three months ended in Mar. 2025 was €-0.141. 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 €-0.17 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 60.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 50.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 33.20% 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 Vericel was 60.90% per year. The lowest was 10.40% per year. And the median was 20.90% per year.

As of today (2025-05-25), Vericel's current stock price is €36.20. Vericel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €-0.17. Vericel's Cyclically Adjusted Price-to-FCF of today is .


Vericel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vericel'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.

Vericel Cyclically Adjusted FCF per Share Chart

Vericel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.50 -2.90 -1.33 -0.49 -0.19

Vericel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.41 -0.31 -0.22 -0.19 -0.17

Competitive Comparison of Vericel's Cyclically Adjusted FCF per Share

For the Biotechnology subindustry, Vericel'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.


Vericel's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vericel's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Vericel 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, Vericel's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.141/134.9266*134.9266
=-0.141

Current CPI (Mar. 2025) = 134.9266.

Vericel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.213 100.684 -0.285
201509 -0.056 100.392 -0.075
201512 -0.160 99.792 -0.216
201603 -0.051 100.470 -0.068
201606 -0.243 101.688 -0.322
201609 -0.173 101.861 -0.229
201612 -0.367 101.863 -0.486
201703 -0.094 102.862 -0.123
201706 -0.159 103.349 -0.208
201709 -0.144 104.136 -0.187
201712 0.003 104.011 0.004
201803 0.005 105.290 0.006
201806 -0.139 106.317 -0.176
201809 0.018 106.507 0.023
201812 0.041 105.998 0.052
201903 -0.002 107.251 -0.003
201906 -0.390 108.070 -0.487
201909 0.133 108.329 0.166
201912 0.056 108.420 0.070
202003 0.080 108.902 0.099
202006 -0.069 108.767 -0.086
202009 0.075 109.815 0.092
202012 0.157 109.897 0.193
202103 0.141 111.754 0.170
202106 0.047 114.631 0.055
202109 0.021 115.734 0.024
202112 0.181 117.630 0.208
202203 0.007 121.301 0.008
202206 0.023 125.017 0.025
202209 0.058 125.227 0.062
202212 0.117 125.222 0.126
202303 -0.021 127.348 -0.022
202306 0.116 128.729 0.122
202309 0.012 129.860 0.012
202312 0.043 129.419 0.045
202403 -0.130 131.776 -0.133
202406 0.034 132.554 0.035
202409 -0.169 133.029 -0.171
202412 0.133 133.157 0.135
202503 -0.141 134.927 -0.141

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


Vericel  (FRA:ATQP) 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.


Vericel Cyclically Adjusted FCF per Share Related Terms

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


Vericel Business Description

Industry
Traded in Other Exchanges
Address
64 Sidney Street, Cambridge, MA, USA, 02139
Vericel Corp is a fully integrated, commercial-stage biopharmaceutical company and a provider of therapies for the sports medicine and severe burn care markets. It markets cell therapy products in the United States, MACI (autologous cultured chondrocytes on porcine collagen membrane); Epicel (cultured epidermal autografts); and NexoBrid. The Company operates its business in the U.S. in one reportable segment; the research, product development, manufacture, and distribution of cellular therapies and specialty biologics for use in the treatment of specific conditions.

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