GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medfield Diagnostics AB (XSAT:MEDF) » Definitions » Cyclically Adjusted FCF per Share

Medfield Diagnostics AB (XSAT:MEDF) Cyclically Adjusted FCF per Share : kr-0.52 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Medfield Diagnostics 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.

Medfield Diagnostics AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-0.055. 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-0.52 for the trailing ten years ended in Mar. 2024.

During the past 3 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 Medfield Diagnostics AB was -4.70% per year. The lowest was -4.70% per year. And the median was -4.70% per year.

As of today (2024-06-20), Medfield Diagnostics AB's current stock price is kr0.178. Medfield Diagnostics AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-0.52. Medfield Diagnostics AB's Cyclically Adjusted Price-to-FCF of today is .


Medfield Diagnostics AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Medfield Diagnostics 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.

Medfield Diagnostics AB Cyclically Adjusted FCF per Share Chart

Medfield Diagnostics 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 - -0.47 -0.48 -0.53 -0.54

Medfield Diagnostics 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 -0.53 - -0.54 -0.54 -0.52

Competitive Comparison of Medfield Diagnostics AB's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, Medfield Diagnostics 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.


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

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

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



Medfield Diagnostics 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, Medfield Diagnostics 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)
=-0.055/132.2054*132.2054
=-0.055

Current CPI (Mar. 2024) = 132.2054.

Medfield Diagnostics AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.169 100.432 -0.222
201409 -0.138 100.161 -0.182
201412 -0.223 100.225 -0.294
201503 -0.262 99.950 -0.347
201506 -0.142 99.995 -0.188
201509 -0.135 100.228 -0.178
201512 -0.005 100.276 -0.007
201603 -0.053 100.751 -0.070
201606 -0.120 101.019 -0.157
201609 -0.136 101.138 -0.178
201612 -0.015 102.022 -0.019
201703 0.040 102.022 0.052
201706 -0.074 102.752 -0.095
201709 -0.116 103.279 -0.148
201712 0.003 103.793 0.004
201803 -0.129 103.962 -0.164
201806 -0.127 104.875 -0.160
201809 -0.120 105.679 -0.150
201812 -0.131 105.912 -0.164
201903 -0.143 105.886 -0.179
201906 -0.114 106.742 -0.141
201909 -0.144 107.214 -0.178
201912 0.012 107.766 0.015
202003 -0.183 106.563 -0.227
202006 -0.123 107.498 -0.151
202009 -0.118 107.635 -0.145
202012 -0.089 108.296 -0.109
202103 -0.100 108.360 -0.122
202106 -0.089 108.928 -0.108
202109 -0.133 110.338 -0.159
202112 -0.097 112.486 -0.114
202203 -0.104 114.825 -0.120
202206 -0.120 118.384 -0.134
202209 -0.106 122.296 -0.115
202212 -0.130 126.365 -0.136
202303 -0.072 127.042 -0.075
202306 0.000 129.407 0.000
202309 -0.101 130.224 -0.103
202312 -0.045 131.912 -0.045
202403 -0.055 132.205 -0.055

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


Medfield Diagnostics AB  (XSAT:MEDF) 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.


Medfield Diagnostics AB Cyclically Adjusted FCF per Share Related Terms

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


Medfield Diagnostics AB (XSAT:MEDF) Business Description

Traded in Other Exchanges
N/A
Address
Medicinaregatan 8B, Gothenburg, SWE, 413 90
Medfield Diagnostics AB develops, markets and sells diagnostic instrumentation based on microwave technology. The company researches the use of microwave technology in stroke diagnostics. Its products consist of Strokefinder and Impending Applications.

Medfield Diagnostics AB (XSAT:MEDF) Headlines

No Headlines