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Arjo AB (CHIX:ARJOBS) Cyclically Adjusted Price-to-FCF : 11.40 (As of Dec. 14, 2024)


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What is Arjo AB Cyclically Adjusted Price-to-FCF?

As of today (2024-12-14), Arjo AB's current share price is kr36.48. Arjo AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was kr3.20. Arjo AB's Cyclically Adjusted Price-to-FCF for today is 11.40.

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

CHIX:ARJOBs' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.01   Med: 14.71   Max: 16.34
Current: 11.01

During the past 11 years, Arjo AB's highest Cyclically Adjusted Price-to-FCF was 16.34. The lowest was 11.01. And the median was 14.71.

CHIX:ARJOBs's Cyclically Adjusted Price-to-FCF is ranked better than
79.49% of 39 companies
in the Medical Distribution industry
Industry Median: 23.74 vs CHIX:ARJOBs: 11.01

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.

Arjo AB's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was kr5.074. 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 kr3.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arjo AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arjo AB'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.

Arjo AB Cyclically Adjusted Price-to-FCF Chart

Arjo AB 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 - - - 13.96 12.60

Arjo AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 12.60 - - -

Competitive Comparison of Arjo AB's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Arjo 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.


Arjo AB's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Arjo AB 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.48/3.2
=11.40

* 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.

Arjo AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Arjo AB's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.074/131.9118*131.9118
=5.074

Current CPI (Dec23) = 131.9118.

Arjo AB Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 3.773 100.225 4.966
201512 3.191 100.276 4.198
201612 2.181 102.022 2.820
201712 -0.297 103.793 -0.377
201812 1.281 105.912 1.595
201912 1.814 107.766 2.220
202012 5.360 108.296 6.529
202112 3.576 112.486 4.194
202212 0.059 126.365 0.062
202312 5.074 131.912 5.074

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.


Arjo AB  (CHIX:ARJOBs) 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.


Arjo AB Cyclically Adjusted Price-to-FCF Related Terms

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


Arjo AB Business Description

Industry
Traded in Other Exchanges
Address
Hans Michelsensgatan 10, Malmo, SWE, SE-211 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

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