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Hogy Medical Co (Hogy Medical Co) Cyclically Adjusted FCF per Share : $0.49 (As of Mar. 2024)


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What is Hogy Medical Co 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.

Hogy Medical Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.759. 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 $0.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hogy Medical Co's average Cyclically Adjusted FCF Growth Rate was -7.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.50% 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 Hogy Medical Co was 9.60% per year. The lowest was -10.20% per year. And the median was -1.85% per year.

As of today (2024-06-25), Hogy Medical Co's current stock price is $24.34. Hogy Medical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.49. Hogy Medical Co's Cyclically Adjusted Price-to-FCF of today is 49.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hogy Medical Co was 70.56. The lowest was 33.85. And the median was 50.34.


Hogy Medical Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hogy Medical Co'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.

Hogy Medical Co Cyclically Adjusted FCF per Share Chart

Hogy Medical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.55 0.62 0.82 0.49

Hogy Medical Co 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 0.82 0.58 0.55 0.51 0.49

Competitive Comparison of Hogy Medical Co's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Hogy Medical Co'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.


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

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

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



Hogy Medical Co 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, Hogy Medical Co'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)
=0.759/107.2000*107.2000
=0.759

Current CPI (Mar. 2024) = 107.2000.

Hogy Medical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.034 98.000 -0.037
201409 -0.949 98.500 -1.033
201412 -0.527 97.900 -0.577
201503 0.380 97.900 0.416
201506 -1.919 98.400 -2.091
201509 -0.981 98.500 -1.068
201512 -0.030 98.100 -0.033
201603 0.652 97.900 0.714
201606 0.582 98.100 0.636
201609 -0.271 98.000 -0.296
201612 0.015 98.400 0.016
201703 0.880 98.100 0.962
201706 0.260 98.500 0.283
201709 0.308 98.800 0.334
201712 -0.077 99.400 -0.083
201803 0.780 99.200 0.843
201806 0.112 99.200 0.121
201809 0.582 99.900 0.625
201812 0.299 99.700 0.321
201903 0.641 99.700 0.689
201906 0.195 99.800 0.209
201909 -0.301 100.100 -0.322
201912 -0.666 100.500 -0.710
202003 0.826 100.300 0.883
202006 -0.196 99.900 -0.210
202009 -0.293 99.900 -0.314
202012 -0.099 99.300 -0.107
202103 0.364 99.900 0.391
202106 0.359 99.500 0.387
202109 0.618 100.100 0.662
202112 -0.160 100.100 -0.171
202203 0.847 101.100 0.898
202206 0.375 101.800 0.395
202209 0.533 103.100 0.554
202212 0.132 104.100 0.136
202303 1.321 104.400 1.356
202306 -0.167 105.200 -0.170
202309 0.253 106.200 0.255
202312 0.350 106.800 0.351
202403 0.759 107.200 0.759

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


Hogy Medical Co  (OTCPK:HGYMF) 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.

Hogy Medical Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.34/0.49
=49.67

* 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 Hogy Medical Co was 70.56. The lowest was 33.85. And the median was 50.34.


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.


Hogy Medical Co Cyclically Adjusted FCF per Share Related Terms

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


Hogy Medical Co (Hogy Medical Co) Business Description

Traded in Other Exchanges
Address
7-7, Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8615
Hogy Medical Co Ltd develops and sells products that can be used to streamline operations and improve safety at healthcare facilities. Its products are used in hospitals' operating rooms, wards, material rooms, and administrative settings. Hogy Medical receives the majority of its revenue from sales of surgical-use products. Its key products include kit products, nonwoven products, and sterilization products. The kit products contain sterilized surgical supplies for use in a specific operation. The nonwoven products include gowns, caps, equipment covers, and other accessories. Hogy's primary sterilization product is the Mekkin bag, a sterilization pouch. The vast majority of Hogy's revenue is generated in Japan.

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