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Sernova (Sernova) Cyclically Adjusted FCF per Share : $-0.03 (As of Jan. 2024)


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What is Sernova 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.

Sernova's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.010. 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 $-0.03 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -14.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -4.70% 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 Sernova was 20.60% per year. The lowest was -26.00% per year. And the median was -14.50% per year.

As of today (2024-05-16), Sernova's current stock price is $0.2553. Sernova's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $-0.03. Sernova's Cyclically Adjusted Price-to-FCF of today is .


Sernova Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sernova'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.

Sernova Cyclically Adjusted FCF per Share Chart

Sernova Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.02 -0.02 -0.03

Sernova Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.02 -0.02 -0.02 -0.03 -0.03

Competitive Comparison of Sernova's Cyclically Adjusted FCF per Share

For the Biotechnology subindustry, Sernova'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.


Sernova's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sernova's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.01/125.4675*125.4675
=-0.010

Current CPI (Jan. 2024) = 125.4675.

Sernova Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.003 98.920 -0.004
201407 -0.004 99.315 -0.005
201410 -0.003 99.473 -0.004
201501 -0.002 98.209 -0.003
201504 -0.003 99.710 -0.004
201507 -0.004 100.579 -0.005
201510 -0.003 100.500 -0.004
201601 -0.002 100.184 -0.003
201604 -0.004 101.370 -0.005
201607 -0.004 101.844 -0.005
201610 -0.004 102.002 -0.005
201701 -0.003 102.318 -0.004
201704 -0.002 103.029 -0.002
201707 -0.006 103.029 -0.007
201710 -0.003 103.424 -0.004
201801 -0.004 104.056 -0.005
201804 -0.004 105.320 -0.005
201807 -0.006 106.110 -0.007
201810 -0.005 105.952 -0.006
201901 -0.003 105.557 -0.004
201904 -0.003 107.453 -0.004
201907 -0.005 108.243 -0.006
201910 -0.006 107.927 -0.007
202001 -0.004 108.085 -0.005
202004 -0.003 107.216 -0.004
202007 -0.007 108.401 -0.008
202010 -0.004 108.638 -0.005
202101 -0.004 109.192 -0.005
202104 -0.007 110.851 -0.008
202107 -0.006 112.431 -0.007
202110 -0.006 113.695 -0.007
202201 -0.007 114.801 -0.008
202204 -0.009 118.357 -0.010
202207 -0.014 120.964 -0.015
202210 -0.011 121.517 -0.011
202301 -0.014 121.596 -0.014
202304 -0.022 123.571 -0.022
202307 -0.011 124.914 -0.011
202310 -0.027 125.310 -0.027
202401 -0.010 125.468 -0.010

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


Sernova  (OTCPK:SEOVF) 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.


Sernova Cyclically Adjusted FCF per Share Related Terms

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


Sernova (Sernova) Business Description

Industry
Traded in Other Exchanges
Address
700 Collip Circle, The Stiller Centre, Suite 114, London, ON, CAN, N6G 4X8
Sernova Corp is a clinical-stage company developing products for the treatment of chronic debilitating diseases. The company is engaged in the research and development of its proprietary Cell Pouch and associated technologies including immune-protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device designed to create a vascularized tissue environment for the transplantation and engraftment of therapeutic cells, which then release proteins and or hormones for the long-term treatment of multiple serious, chronic diseases such as diabetes, hemophilia, and thyroid disease.