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AEterna Zentaris (AEterna Zentaris) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is AEterna Zentaris Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AEterna Zentaris Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AEterna Zentaris'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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AEterna Zentaris Cyclically Adjusted Price-to-FCF Chart

AEterna Zentaris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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AEterna Zentaris Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AEterna Zentaris's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, AEterna Zentaris'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.


AEterna Zentaris's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, AEterna Zentaris's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AEterna Zentaris 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.

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

For example, AEterna Zentaris'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)
=-3.538/126.2576*126.2576
=-3.538

Current CPI (Mar. 2024) = 126.2576.

AEterna Zentaris Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1,068.167 99.473 -1,355.783
201409 -1,094.500 99.394 -1,390.311
201412 -1,236.143 98.367 -1,586.633
201503 -1,455.000 99.789 -1,840.927
201506 -738.455 100.500 -927.713
201509 -310.870 100.421 -390.850
201512 -84.788 99.947 -107.108
201603 -89.424 101.054 -111.728
201606 -64.354 102.002 -79.657
201609 -57.120 101.765 -70.868
201612 -70.172 101.449 -87.332
201703 -52.742 102.634 -64.882
201706 -41.801 103.029 -51.225
201709 -35.025 103.345 -42.791
201712 -27.436 103.345 -33.519
201803 101.315 105.004 121.822
201806 -29.128 105.557 -34.840
201809 -14.848 105.636 -17.747
201812 -14.720 105.399 -17.633
201903 -18.329 106.979 -21.632
201906 -12.543 107.690 -14.706
201909 -15.355 107.611 -18.016
201912 -14.770 107.769 -17.304
202003 -11.160 107.927 -13.055
202006 -10.255 108.401 -11.944
202009 -3.190 108.164 -3.724
202012 4.016 108.559 4.671
202103 -1.627 110.298 -1.862
202106 -3.002 111.720 -3.393
202109 -1.231 112.905 -1.377
202112 -2.210 113.774 -2.452
202203 -1.208 117.646 -1.296
202206 -4.030 120.806 -4.212
202209 -3.257 120.648 -3.408
202212 -2.778 120.964 -2.900
202303 -3.347 122.702 -3.444
202306 -3.539 124.203 -3.598
202309 -2.795 125.230 -2.818
202312 -4.436 125.072 -4.478
202403 -3.538 126.258 -3.538

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.


AEterna Zentaris  (NAS:AEZS) 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.


AEterna Zentaris Cyclically Adjusted Price-to-FCF Related Terms

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AEterna Zentaris (AEterna Zentaris) Business Description

Industry
Traded in Other Exchanges
Address
222 Bay Street, Suite 3000, PO Box 53, c/o Norton Rose Fulbright Canada, LLP, Toronto, ON, CAN, M5K 1E7
AEterna Zentaris Inc is a biopharmaceutical company commercializing & developing therapeutics & diagnostic tests. The company's product, Macrilen (macimorelin), is the oral test indicated for the diagnosis of adult growth hormone deficiency (GHD). Macrilen is marketed in the U.S. through a license agreement with Novo Nordisk & the company receives royalties on sales. Aeterna owns all rights to macimorelin outside of the U.S. & Canada. It is leveraging the clinical success & safety profile of macimorelin to develop it for the diagnosis of child-onset GHD. The company's geographical segments include Switzerland, Ireland, Denmark, and others, of which nearly all of its revenue comes from Switzerland.