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Steris (BSP:S1TE34) Cyclically Adjusted Price-to-FCF : 52.01 (As of Apr. 30, 2024)


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What is Steris Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Steris's current share price is R$53.05. Steris's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$1.02. Steris's Cyclically Adjusted Price-to-FCF for today is 52.01.

The historical rank and industry rank for Steris's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:S1TE34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.59   Med: 44.2   Max: 69.67
Current: 46.85

During the past years, Steris's highest Cyclically Adjusted Price-to-FCF was 69.67. The lowest was 23.59. And the median was 44.20.

BSP:S1TE34's Cyclically Adjusted Price-to-FCF is ranked worse than
53.48% of 230 companies
in the Medical Devices & Instruments industry
Industry Median: 42.185 vs BSP:S1TE34: 46.85

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.

Steris's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.425. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$1.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steris Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Steris'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.

* Premium members only.

Steris Cyclically Adjusted Price-to-FCF Chart

Steris Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.98 51.23 58.53 64.23 47.40

Steris Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 47.62 47.40 52.67 50.74 50.14

Competitive Comparison of Steris's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Steris'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.


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

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

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



Steris 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.

Steris's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=53.05/1.02
=52.01

* 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.

Steris's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Steris's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.425/129.4194*129.4194
=0.425

Current CPI (Dec. 2023) = 129.4194.

Steris Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.089 99.695 0.116
201406 0.043 100.560 0.055
201409 0.088 100.428 0.113
201412 0.088 99.070 0.115
201503 0.137 99.621 0.178
201506 0.046 100.684 0.059
201509 0.071 100.392 0.092
201512 -0.043 99.792 -0.056
201603 0.226 100.470 0.291
201606 0.089 101.688 0.113
201609 0.131 101.861 0.166
201612 0.123 101.863 0.156
201703 0.135 102.862 0.170
201706 0.085 103.349 0.106
201709 0.178 104.136 0.221
201712 0.139 104.011 0.173
201803 0.149 105.290 0.183
201806 0.161 106.317 0.196
201809 0.219 106.507 0.266
201812 0.189 105.998 0.231
201903 0.230 107.251 0.278
201906 0.134 108.070 0.160
201909 0.246 108.329 0.294
201912 0.182 108.420 0.217
202003 0.395 108.902 0.469
202006 0.204 108.767 0.243
202009 0.371 109.815 0.437
202012 0.454 109.897 0.535
202103 0.370 111.754 0.428
202106 0.113 114.631 0.128
202109 0.247 115.734 0.276
202112 0.458 117.630 0.504
202203 0.244 121.301 0.260
202206 0.290 125.017 0.300
202209 0.055 125.227 0.057
202212 0.298 125.222 0.308
202303 0.371 127.348 0.377
202306 0.525 128.729 0.528
202309 0.156 129.860 0.155
202312 0.425 129.419 0.425

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.


Steris  (BSP:S1TE34) 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.


Steris Cyclically Adjusted Price-to-FCF Related Terms

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


Steris (BSP:S1TE34) Business Description

Traded in Other Exchanges
Address
5960 Heisley Road, Mentor, OH, USA, 44060
Steris is an Ireland-domiciled medical device company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its 2015 inversion to Ireland, the firm continues to derive roughly 70% of revenue from its U.S. operations, 10% from the United Kingdom, and the remaining 20% from other international regions.

Steris (BSP:S1TE34) Headlines

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