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Orion Oyj (Orion Oyj) Cyclically Adjusted FCF per Share : $0.86 (As of Mar. 2024)


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What is Orion Oyj 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.

Orion Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.341. 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 $0.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orion Oyj's average Cyclically Adjusted FCF Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Orion Oyj was 7.00% per year. The lowest was 3.50% per year. And the median was 4.50% per year.

As of today (2024-05-20), Orion Oyj's current stock price is $20.00. Orion Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.86. Orion Oyj's Cyclically Adjusted Price-to-FCF of today is 23.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orion Oyj was 34.60. The lowest was 19.20. And the median was 25.50.


Orion Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orion Oyj'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.

Orion Oyj Cyclically Adjusted FCF per Share Chart

Orion Oyj 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 0.70 0.86 0.83 0.92 0.86

Orion Oyj 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 1.04 1.06 0.85 0.86 0.86

Competitive Comparison of Orion Oyj's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - General subindustry, Orion Oyj'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.


Orion Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Orion Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Orion Oyj 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, Orion Oyj'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)
=0.341/122.3600*122.3600
=0.341

Current CPI (Mar. 2024) = 122.3600.

Orion Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.421 100.147 0.514
201409 0.263 100.726 0.319
201412 0.234 100.229 0.286
201503 0.203 100.120 0.248
201506 0.164 100.030 0.201
201509 0.246 100.130 0.301
201512 0.216 99.990 0.264
201603 0.161 100.080 0.197
201606 0.151 100.390 0.184
201609 0.272 100.540 0.331
201612 0.204 101.020 0.247
201703 0.175 100.910 0.212
201706 0.038 101.140 0.046
201709 0.274 101.320 0.331
201712 0.134 101.510 0.162
201803 0.239 101.730 0.287
201806 0.117 102.320 0.140
201809 0.208 102.600 0.248
201812 0.123 102.710 0.147
201903 0.226 102.870 0.269
201906 0.096 103.360 0.114
201909 0.383 103.540 0.453
201912 0.222 103.650 0.262
202003 0.187 103.490 0.221
202006 0.314 103.320 0.372
202009 0.367 103.710 0.433
202012 0.200 103.890 0.236
202103 0.114 104.870 0.133
202106 0.185 105.360 0.215
202109 -0.005 106.290 -0.006
202112 0.250 107.490 0.285
202203 0.073 110.950 0.081
202206 0.119 113.570 0.128
202209 1.165 114.920 1.240
202212 -0.078 117.320 -0.081
202303 -0.190 119.750 -0.194
202306 0.061 120.690 0.062
202309 0.037 121.280 0.037
202312 0.104 121.540 0.105
202403 0.341 122.360 0.341

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


Orion Oyj  (OTCPK:ORINY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.00/0.86
=23.26

* 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 Orion Oyj was 34.60. The lowest was 19.20. And the median was 25.50.


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.


Orion Oyj Cyclically Adjusted FCF per Share Related Terms

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


Orion Oyj (Orion Oyj) Business Description

Industry
Address
Orionintie 1, P.O. Box 65, Espoo, FIN, FI-02200
Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company primarily focuses on treatments for central nervous system disorders, oncology, and respiratory diseases. Orion's customers include specialists and general practitioners, veterinarians, pharmacies, hospitals, and laboratories. Orion mainly serves Finland but also has a presence in other European countries and North America.

Orion Oyj (Orion Oyj) Headlines

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