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Icon (MEX:ICLR) Cyclically Adjusted FCF per Share : MXN217.01 (As of Mar. 2025)


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What is Icon 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.

Icon's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN60.505. 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 MXN217.01 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Icon's average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% 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 Icon was 77.80% per year. The lowest was 16.40% per year. And the median was 24.20% per year.

As of today (2025-05-25), Icon's current stock price is MXN4286.08. Icon's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN217.01. Icon's Cyclically Adjusted Price-to-FCF of today is 19.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Icon was 69.75. The lowest was 14.44. And the median was 46.62.


Icon Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Icon'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.

Icon Cyclically Adjusted FCF per Share Chart

Icon 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 - 97.31 168.44 121.59 175.77

Icon 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 98.47 137.46 153.47 175.77 217.01

Competitive Comparison of Icon's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Icon'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.


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

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

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


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Icon 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, Icon'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)
=60.505/123.4051*123.4051
=60.505

Current CPI (Mar. 2025) = 123.4051.

Icon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 3.726 100.573 4.572
201509 17.374 100.274 21.382
201512 31.483 99.676 38.978
201603 15.812 99.676 19.576
201606 1.849 101.072 2.258
201609 14.464 100.274 17.801
201612 42.886 99.676 53.095
201703 51.357 100.374 63.141
201706 0.733 100.673 0.899
201709 33.228 100.474 40.812
201712 30.374 100.075 37.455
201803 10.627 100.573 13.040
201806 10.850 101.072 13.248
201809 39.841 101.371 48.501
201812 14.719 100.773 18.025
201903 31.385 101.670 38.095
201906 4.075 102.168 4.922
201909 53.205 102.268 64.202
201912 44.360 102.068 53.633
202003 57.179 102.367 68.930
202006 47.026 101.769 57.024
202009 43.647 101.072 53.292
202012 68.156 101.072 83.216
202103 39.577 102.367 47.711
202106 43.064 103.364 51.414
202109 69.894 104.859 82.256
202112 59.855 106.653 69.256
202203 49.959 109.245 56.435
202206 37.600 112.779 41.143
202209 43.030 113.504 46.784
202212 -27.532 115.436 -29.433
202303 32.459 117.609 34.059
202306 35.634 119.662 36.749
202309 65.587 120.749 67.030
202312 79.558 120.749 81.308
202403 59.792 120.990 60.985
202406 40.064 122.318 40.420
202409 84.792 121.594 86.055
202412 70.276 122.439 70.830
202503 60.505 123.405 60.505

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


Icon  (MEX:ICLR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4286.08/217.01
=19.75

* 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 Icon was 69.75. The lowest was 14.44. And the median was 46.62.


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.


Icon Cyclically Adjusted FCF per Share Related Terms

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


Icon Business Description

Traded in Other Exchanges
Address
South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3
Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical-device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.

Icon Headlines

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