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Teleflex (BSP:T1FX34) Cyclically Adjusted Price-to-FCF : 25.54 (As of May. 17, 2024)


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What is Teleflex Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Teleflex's current share price is R$109.30. Teleflex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$4.28. Teleflex's Cyclically Adjusted Price-to-FCF for today is 25.54.

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

BSP:T1FX34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.28   Med: 35.24   Max: 72.89
Current: 24.68

During the past years, Teleflex's highest Cyclically Adjusted Price-to-FCF was 72.89. The lowest was 14.28. And the median was 35.24.

BSP:T1FX34's Cyclically Adjusted Price-to-FCF is ranked better than
66.53% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 44.57 vs BSP:T1FX34: 24.68

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.

Teleflex's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.762. 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$4.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teleflex Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Teleflex'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.

Teleflex Cyclically Adjusted Price-to-FCF Chart

Teleflex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.93 70.88 44.93 31.36 28.90

Teleflex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.66 28.79 22.65 28.90 25.54

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

For the Medical Instruments & Supplies subindustry, Teleflex'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.


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

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

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



Teleflex 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=109.30/4.28
=25.54

* 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.

Teleflex's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Teleflex'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)
=0.762/131.7762*131.7762
=0.762

Current CPI (Mar. 2024) = 131.7762.

Teleflex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.285 100.560 0.373
201409 0.355 100.428 0.466
201412 0.338 99.070 0.450
201503 0.178 99.621 0.235
201506 0.324 100.684 0.424
201509 0.421 100.392 0.553
201512 0.884 99.792 1.167
201603 0.446 100.470 0.585
201606 0.738 101.688 0.956
201609 0.709 101.861 0.917
201612 0.649 101.863 0.840
201703 0.522 102.862 0.669
201706 0.578 103.349 0.737
201709 0.704 104.136 0.891
201712 0.596 104.011 0.755
201803 0.498 105.290 0.623
201806 0.597 106.317 0.740
201809 0.907 106.507 1.122
201812 0.913 105.998 1.135
201903 0.330 107.251 0.405
201906 0.522 108.070 0.637
201909 0.909 108.329 1.106
201912 1.120 108.420 1.361
202003 -0.324 108.902 -0.392
202006 1.384 108.767 1.677
202009 0.958 109.815 1.150
202012 1.816 109.897 2.178
202103 1.085 111.754 1.279
202106 1.450 114.631 1.667
202109 1.889 115.734 2.151
202112 2.170 117.630 2.431
202203 0.513 121.301 0.557
202206 0.216 125.017 0.228
202209 1.355 125.227 1.426
202212 0.796 125.222 0.838
202303 0.685 127.348 0.709
202306 0.703 128.729 0.720
202309 1.850 129.860 1.877
202312 1.152 129.419 1.173
202403 0.762 131.776 0.762

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.


Teleflex  (BSP:T1FX34) 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.


Teleflex Cyclically Adjusted Price-to-FCF Related Terms

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


Teleflex (BSP:T1FX34) Business Description

Traded in Other Exchanges
Address
550 East Swedesford Road, Suite 400, Wayne, PA, USA, 19087
Teleflex is a Wayne, Pennsylvania-based manufacturer of hospital supplies and medical devices primarily in the bloodstream/vascular and surgical areas. The firm reports results across seven segments: vascular access (24% of 2022 sales), interventional (16%), anesthesia (14%), surgical (14%), interventional urology (12%), original-equipment manufacturing (10%), and all other (10%). Geographic exposure for the business is primarily in the U.S., which accounts for 60% of revenue, with international markets making up the remainder.

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