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ATEC (Alphatec Holdings) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2025)


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What is Alphatec Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphatec Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alphatec Holdings's Cyclically Adjusted Price-to-FCF 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.

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Alphatec Holdings Cyclically Adjusted Price-to-FCF Chart

Alphatec Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Alphatec Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Alphatec Holdings's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Alphatec Holdings'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.


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

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

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


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Alphatec Holdings Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Alphatec Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Alphatec Holdings'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)
=-0.113/134.9266*134.9266
=-0.113

Current CPI (Mar. 2025) = 134.9266.

Alphatec Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.221 100.684 0.296
201509 0.083 100.392 0.112
201512 0.125 99.792 0.169
201603 -0.174 100.470 -0.234
201606 0.690 101.688 0.916
201609 -1.378 101.861 -1.825
201612 -1.326 101.863 -1.756
201703 -0.892 102.862 -1.170
201706 -0.344 103.349 -0.449
201709 -0.249 104.136 -0.323
201712 -0.054 104.011 -0.070
201803 -0.269 105.290 -0.345
201806 -0.158 106.317 -0.201
201809 -0.209 106.507 -0.265
201812 -0.290 105.998 -0.369
201903 -0.200 107.251 -0.252
201906 -0.199 108.070 -0.248
201909 -0.289 108.329 -0.360
201912 -0.191 108.420 -0.238
202003 -0.314 108.902 -0.389
202006 -0.274 108.767 -0.340
202009 -0.238 109.815 -0.292
202012 -0.230 109.897 -0.282
202103 -0.388 111.754 -0.468
202106 -0.379 114.631 -0.446
202109 -0.365 115.734 -0.426
202112 -0.346 117.630 -0.397
202203 -0.381 121.301 -0.424
202206 -0.406 125.017 -0.438
202209 -0.289 125.227 -0.311
202212 -0.220 125.222 -0.237
202303 -0.320 127.348 -0.339
202306 -0.324 128.729 -0.340
202309 -0.316 129.860 -0.328
202312 -0.397 129.419 -0.414
202403 -0.511 131.776 -0.523
202406 -0.331 132.554 -0.337
202409 -0.176 133.029 -0.179
202412 0.047 133.157 0.048
202503 -0.113 134.927 -0.113

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


Alphatec Holdings  (NAS:ATEC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Alphatec Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Alphatec Holdings Business Description

Traded in Other Exchanges
Address
1950 Camino Vida Roble, Carlsbad, CA, USA, 92008
Alphatec Holdings Inc is a medical technology company focused on the designing, development, and advancement of products for the surgical treatment of spinal disorders associated with disease and degeneration, congenital deformities, and trauma. The company's spine approach technologies include Posterior Cervical Fusion, Anterior Cervical Discectomy and Fusion, Lateral Interbody Fusion, and Posterior Lumbar Interbody Fusion among others.
Executives
Scott Lish officer: SVP, Development C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
John Todd Koning officer: Chief Financial Officer C/O MASIMO CORPORATION, 52 DISCOVERY, IRVINE CA 92618
Patrick Miles director, officer: Executive Chairman 7475 LUSK BLVD., SAN DIEGO CA 92121
David Sponsel officer: EVP, Sales C/O ALPHATEC SPINE, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
Karen K Mcginnis director INSIGHT ENTERPRISES INC, 1305 WEST AUTO DRIVE, TEMPE AZ 85284
Evan Bakst director 225 CENTRAL PARK WEST, APT. 1605, NEW YORK NY 10024
David R Pelizzon director, 10 percent owner 2850 FRONTIER DR, WARSAW IN 46582
David M Demski director C/O GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Tyson Eliot Marshall officer: GENERAL COUNSEL & CORP. SEC. 10680 TREENA STREET, SUITE 500, SAN DIEGO CA 92131
Quentin S. Blackford director 7475 LUSK BLVD., SAN DIEGO CA 92121
Craig E Hunsaker officer: See Remarks C/O ALPHATEC HOLDINGS, INC., 5818 EL CAMINO REAL, CARLSBAD CA 92008
David H Mowry director 9775 TOLEDO, IRVINE CA 92618
Tullis James L L director, 10 percent owner 100 FIRST STAMFORD PLACE, STAMFORD CT 06907
Jennifer N. Pritzker 10 percent owner C/O SQUADRON CAPITAL LLC, 104 S. MICHIGAN AVENUE, SUITE 500, CHICAGO IL 60603
Elizabeth Ann Altman director 10070 BARNES CANYON ROAD, SAN DIEGO CA 92121