/term/cyclically-adjusted-fcf/OSTO:DOXA Doxa AB (OSTO:DOXA) Cyclically Adjusted FCF per Share
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Doxa AB (OSTO:DOXA) Cyclically Adjusted FCF per Share : kr-0.23 (As of Mar. 2024)


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What is Doxa AB 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.

Doxa AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-0.030. 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 kr-0.23 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-20), Doxa AB's current stock price is kr1.502. Doxa AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-0.23. Doxa AB's Cyclically Adjusted Price-to-FCF of today is .

Doxa AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Doxa AB'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.

Doxa AB Cyclically Adjusted FCF per Share Chart

Doxa AB 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 - - -0.46 -0.48 -0.28

Doxa AB 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 -0.43 -0.40 -0.38 -0.28 -0.23

Competitive Comparison of Doxa AB's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Doxa AB'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.

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

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

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


Doxa AB 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, Doxa AB'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)
=-0.03/132.2054*132.2054
=-0.030

Current CPI (Mar. 2024) = 132.2054.

Doxa AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.292 100.432 -0.384
201409 -0.175 100.161 -0.231
201412 -0.112 100.225 -0.148
201503 -0.095 99.950 -0.126
201506 -0.089 99.995 -0.118
201509 -0.076 100.228 -0.100
201512 -0.053 100.276 -0.070
201603 -0.046 100.751 -0.060
201606 -0.053 101.019 -0.069
201609 -0.054 101.138 -0.071
201612 -0.039 102.022 -0.051
201703 -0.028 102.022 -0.036
201706 -0.070 102.752 -0.090
201709 -0.036 103.279 -0.046
201712 -0.020 103.793 -0.025
201803 -0.031 103.962 -0.039
201806 0.185 104.875 0.233
201809 -0.036 105.679 -0.045
201812 0.006 105.912 0.007
201903 -0.030 105.886 -0.037
201906 -0.018 106.742 -0.022
201909 -0.024 107.214 -0.030
201912 -0.033 107.766 -0.040
202003 -0.034 106.563 -0.042
202006 -0.054 107.498 -0.066
202009 -0.037 107.635 -0.045
202012 -0.027 108.296 -0.033
202103 -0.045 108.360 -0.055
202106 -0.036 108.928 -0.044
202109 -0.063 110.338 -0.075
202112 -0.031 112.486 -0.036
202203 -0.083 114.825 -0.096
202206 -0.201 118.384 -0.224
202209 -0.064 122.296 -0.069
202212 0.202 126.365 0.211
202303 -0.028 127.042 -0.029
202306 -0.042 129.407 -0.043
202309 -0.052 130.224 -0.053
202312 0.018 131.912 0.018
202403 -0.030 132.205 -0.030

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

Doxa AB  (OSTO:DOXA) 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.

Doxa AB Cyclically Adjusted FCF per Share Related Terms

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

Doxa AB (OSTO:DOXA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Doxa AB (OSTO:DOXA) » Definitions » Cyclically Adjusted FCF per Share
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Traded in Other Exchanges
1DO:Germany
Address
Axel Johanssons Gata 4-6, Uppsala, SWE, 754 50
Website
http://www.doxa.se
Doxa AB is involved in developing, manufacturing and marketing bioceramic dental products in Sweden. It offers Ceramir Crown and Bridge, a dental cement used for the permanent fixture of dental crowns and bridges.

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