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Exact Sciences (MEX:EXAS) Cyclically Adjusted FCF per Share : MXN-28.47 (As of Jun. 2024)


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What is Exact Sciences 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.

Exact Sciences's adjusted free cash flow per share for the three months ended in Jun. 2024 was MXN7.077. 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 MXN-28.47 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.70% 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 -11.20% 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 Exact Sciences was 5.10% per year. The lowest was -15.90% per year. And the median was -8.70% per year.

As of today (2024-09-22), Exact Sciences's current stock price is MXN872.00. Exact Sciences's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was MXN-28.47. Exact Sciences's Cyclically Adjusted Price-to-FCF of today is .


Exact Sciences Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Exact Sciences'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.

Exact Sciences Cyclically Adjusted FCF per Share Chart

Exact Sciences 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 - - - - -33.95

Exact Sciences Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -26.75 -38.26 -33.95 -38.03 -28.47

Competitive Comparison of Exact Sciences's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Exact Sciences'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.


Exact Sciences's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Exact Sciences's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Exact Sciences 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, Exact Sciences's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.077/132.5538*132.5538
=7.077

Current CPI (Jun. 2024) = 132.5538.

Exact Sciences Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -3.794 100.428 -5.008
201412 -5.900 99.070 -7.894
201503 -6.484 99.621 -8.627
201506 -6.833 100.684 -8.996
201509 -7.394 100.392 -9.763
201512 -6.819 99.792 -9.058
201603 -7.919 100.470 -10.448
201606 -7.490 101.688 -9.763
201609 -5.667 101.861 -7.375
201612 -5.623 101.863 -7.317
201703 -6.195 102.862 -7.983
201706 -7.403 103.349 -9.495
201709 -3.238 104.136 -4.122
201712 -6.060 104.011 -7.723
201803 -8.094 105.290 -10.190
201806 -8.788 106.317 -10.957
201809 -8.795 106.507 -10.946
201812 -8.433 105.998 -10.546
201903 -13.031 107.251 -16.105
201906 -7.709 108.070 -9.456
201909 -12.291 108.329 -15.039
201912 -9.024 108.420 -11.033
202003 -9.951 108.902 -12.112
202006 -4.327 108.767 -5.273
202009 9.952 109.815 12.013
202012 12.036 109.897 14.517
202103 -10.876 111.754 -12.900
202106 1.829 114.631 2.115
202109 -9.522 115.734 -10.906
202112 -9.988 117.630 -11.255
202203 -23.674 121.301 -25.870
202206 -14.172 125.017 -15.026
202209 -9.724 125.227 -10.293
202212 -2.288 125.222 -2.422
202303 -6.821 127.348 -7.100
202306 6.251 128.729 6.437
202309 -0.078 129.860 -0.080
202312 3.245 129.419 3.324
202403 -10.918 131.776 -10.982
202406 7.077 132.554 7.077

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


Exact Sciences  (MEX:EXAS) 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.


Exact Sciences Cyclically Adjusted FCF per Share Related Terms

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


Exact Sciences Business Description

Traded in Other Exchanges
Address
5505 Endeavor Lane, Madison, WI, USA, 53719
Exact Sciences Corporation, headquartered in Madison, Wisconsin, provides cancer screening and diagnostic test products in the United States and internationally. Exact's Cologuard screening test, a noninvasive stool-based DNA test, is a pre-cancer screening test for colorectal cancer. The company also competes in the precision oncology market with Oncotype DX, a suite of tissue-based genomic tests for estimating recurrence risk and likelihood of benefit from chemotherapy for breast and colon cancer, and OncoExTra, a liquid-based comprehensive genomic profiling test. It is developing liquid biopsy tests for molecular residual disease, colorectal cancer screening, and multicancer screening, too.