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Utah Medical Products (FRA:UTM) Cyclically Adjusted FCF per Share : €4.40 (As of Mar. 2024)


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What is Utah Medical Products 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.

Utah Medical Products's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.336. 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 €4.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Utah Medical Products's average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% 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 Utah Medical Products was 24.00% per year. The lowest was -0.70% per year. And the median was 7.10% per year.

As of today (2024-06-13), Utah Medical Products's current stock price is €62.00. Utah Medical Products's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.40. Utah Medical Products's Cyclically Adjusted Price-to-FCF of today is 14.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Utah Medical Products was 35.51. The lowest was 13.59. And the median was 22.38.


Utah Medical Products Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Utah Medical Products'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.

Utah Medical Products Cyclically Adjusted FCF per Share Chart

Utah Medical Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.82 3.54 3.86 4.30

Utah Medical Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.16 4.20 4.43 4.30 4.40

Competitive Comparison of Utah Medical Products's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Utah Medical Products'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.


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

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

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



Utah Medical Products 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, Utah Medical Products's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.336/131.7762*131.7762
=1.336

Current CPI (Mar. 2024) = 131.7762.

Utah Medical Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.714 100.560 0.936
201409 1.027 100.428 1.348
201412 0.935 99.070 1.244
201503 0.532 99.621 0.704
201506 0.813 100.684 1.064
201509 0.963 100.392 1.264
201512 0.941 99.792 1.243
201603 0.976 100.470 1.280
201606 0.840 101.688 1.089
201609 0.762 101.861 0.986
201612 0.083 101.863 0.107
201703 1.064 102.862 1.363
201706 0.807 103.349 1.029
201709 1.015 104.136 1.284
201712 0.713 104.011 0.903
201803 0.777 105.290 0.972
201806 0.901 106.317 1.117
201809 1.039 106.507 1.286
201812 1.020 105.998 1.268
201903 -4.179 107.251 -5.135
201906 0.371 108.070 0.452
201909 1.519 108.329 1.848
201912 1.288 108.420 1.565
202003 1.269 108.902 1.536
202006 0.830 108.767 1.006
202009 1.142 109.815 1.370
202012 1.288 109.897 1.544
202103 1.269 111.754 1.496
202106 1.017 114.631 1.169
202109 1.374 115.734 1.564
202112 1.141 117.630 1.278
202203 1.192 121.301 1.295
202206 1.195 125.017 1.260
202209 1.464 125.227 1.541
202212 1.469 125.222 1.546
202303 1.765 127.348 1.826
202306 1.165 128.729 1.193
202309 1.271 129.860 1.290
202312 1.323 129.419 1.347
202403 1.336 131.776 1.336

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


Utah Medical Products  (FRA:UTM) 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.

Utah Medical Products's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=62.00/4.4
=14.09

* 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 Utah Medical Products was 35.51. The lowest was 13.59. And the median was 22.38.


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.


Utah Medical Products Cyclically Adjusted FCF per Share Related Terms

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


Utah Medical Products (FRA:UTM) Business Description

Traded in Other Exchanges
Address
7043 South 300 West, Midvale, UT, USA, 84047
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.

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