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Haemonetics (FRA:HAZ) Cyclically Adjusted FCF per Share : €1.89 (As of Mar. 2025)


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What is Haemonetics 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.

Haemonetics's adjusted free cash flow per share for the three months ended in Mar. 2025 was €1.887. 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 €1.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Haemonetics's average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% 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 Haemonetics was 25.30% per year. The lowest was -6.00% per year. And the median was 9.90% per year.

As of today (2025-05-23), Haemonetics's current stock price is €58.50. Haemonetics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €1.89. Haemonetics's Cyclically Adjusted Price-to-FCF of today is 30.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Haemonetics was 112.62. The lowest was 26.22. And the median was 47.58.


Haemonetics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Haemonetics'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.

Haemonetics Cyclically Adjusted FCF per Share Chart

Haemonetics Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.20 1.44 1.61 1.89

Haemonetics 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 1.61 1.61 1.61 1.86 1.89

Competitive Comparison of Haemonetics's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, Haemonetics'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.


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

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

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


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Haemonetics 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, Haemonetics'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)
=1.887/134.9266*134.9266
=1.887

Current CPI (Mar. 2025) = 134.9266.

Haemonetics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.260 100.684 -0.348
201509 0.028 100.392 0.038
201512 0.147 99.792 0.199
201603 0.436 100.470 0.586
201606 0.143 101.688 0.190
201609 0.347 101.861 0.460
201612 0.661 101.863 0.876
201703 0.341 102.862 0.447
201706 0.416 103.349 0.543
201709 0.689 104.136 0.893
201712 0.618 104.011 0.802
201803 0.577 105.290 0.739
201806 -0.072 106.317 -0.091
201809 0.143 106.507 0.181
201812 0.481 105.998 0.612
201903 0.117 107.251 0.147
201906 -0.098 108.070 -0.122
201909 0.356 108.329 0.443
201912 1.026 108.420 1.277
202003 0.631 108.902 0.782
202006 0.071 108.767 0.088
202009 0.346 109.815 0.425
202012 0.911 109.897 1.118
202103 -0.165 111.754 -0.199
202106 -0.254 114.631 -0.299
202109 0.374 115.734 0.436
202112 0.617 117.630 0.708
202203 0.582 121.301 0.647
202206 -0.064 125.017 -0.069
202209 1.001 125.227 1.079
202212 0.877 125.222 0.945
202303 -0.245 127.348 -0.260
202306 0.205 128.729 0.215
202309 1.641 129.860 1.705
202312 -0.271 129.419 -0.283
202403 1.027 131.776 1.052
202406 -0.596 132.554 -0.607
202409 0.693 133.029 0.703
202412 0.664 133.157 0.673
202503 1.887 134.927 1.887

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


Haemonetics  (FRA:HAZ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=58.50/1.89
=30.95

* 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 Haemonetics was 112.62. The lowest was 26.22. And the median was 47.58.


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.


Haemonetics Cyclically Adjusted FCF per Share Related Terms

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


Haemonetics Business Description

Traded in Other Exchanges
Address
125 Summer Street, Boston, MA, USA, 02110
Haemonetics Corp aims to improve patient care and reduce the cost of healthcare by providing medical products and solutions in the blood and plasma component collection, surgical suite, and hospital transfusion service spaces. As such, the company operates under three segments: plasma, blood center, and hospital. The company places primary emphasis on its plasma and hospital segments due to their robust growth potential, whereas the blood center segment tends to be constrained by higher competition. Product revenue is driven by demand for disposable blood component collection and processing sets and the related equipment needed for proper functionality.

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