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JMI Syringes & Medical Devices (DHA:JMISMDL) Cyclically Adjusted Price-to-FCF : 11.39 (As of May. 01, 2024)


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What is JMI Syringes & Medical Devices Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), JMI Syringes & Medical Devices's current share price is BDT139.20. JMI Syringes & Medical Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was BDT12.22. JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF for today is 11.39.

The historical rank and industry rank for JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DHA:JMISMDL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.39   Med: 21.88   Max: 28.96
Current: 10.4

During the past years, JMI Syringes & Medical Devices's highest Cyclically Adjusted Price-to-FCF was 28.96. The lowest was 10.39. And the median was 21.88.

DHA:JMISMDL's Cyclically Adjusted Price-to-FCF is ranked better than
90.43% of 230 companies
in the Medical Devices & Instruments industry
Industry Median: 42.185 vs DHA:JMISMDL: 10.40

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.

JMI Syringes & Medical Devices's adjusted free cash flow per share data for the three months ended in Dec. 2023 was BDT1.298. 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 BDT12.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JMI Syringes & Medical Devices Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Cyclically Adjusted Price-to-FCF Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 21.59

JMI Syringes & Medical Devices 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 22.02 21.88 21.59 22.87 20.92

Competitive Comparison of JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


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

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

* The bar in red indicates where JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF falls into.



JMI Syringes & Medical Devices 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.

JMI Syringes & Medical Devices's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=139.20/12.22
=11.39

* 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.

JMI Syringes & Medical Devices's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, JMI Syringes & Medical Devices'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)
=1.298/129.4194*129.4194
=1.298

Current CPI (Dec. 2023) = 129.4194.

JMI Syringes & Medical Devices Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 4.131 99.695 5.363
201406 2.389 100.560 3.075
201409 3.998 100.428 5.152
201412 5.555 99.070 7.257
201503 -1.082 99.621 -1.406
201506 2.150 100.684 2.764
201509 -1.207 100.392 -1.556
201512 6.671 99.792 8.652
201603 5.964 100.470 7.682
201606 11.230 101.688 14.293
201609 -1.714 101.861 -2.178
201612 3.826 101.863 4.861
201703 8.957 102.862 11.270
201706 -2.188 103.349 -2.740
201709 -2.875 104.136 -3.573
201712 14.642 104.011 18.219
201803 12.946 105.290 15.913
201806 -14.682 106.317 -17.872
201809 3.675 106.507 4.466
201812 8.935 105.998 10.909
201903 16.240 107.251 19.597
201906 -1.039 108.070 -1.244
201909 -7.014 108.329 -8.380
201912 2.064 108.420 2.464
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 1.274 109.815 1.501
202012 0.342 109.897 0.403
202103 1.107 111.754 1.282
202106 3.435 114.631 3.878
202109 0.588 115.734 0.658
202112 -1.808 117.630 -1.989
202203 -0.485 121.301 -0.517
202206 3.065 125.017 3.173
202209 -2.304 125.227 -2.381
202212 -0.538 125.222 -0.556
202303 1.785 127.348 1.814
202306 3.274 128.729 3.292
202309 1.217 129.860 1.213
202312 1.298 129.419 1.298

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.


JMI Syringes & Medical Devices  (DHA:JMISMDL) 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.


JMI Syringes & Medical Devices Cyclically Adjusted Price-to-FCF Related Terms

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


JMI Syringes & Medical Devices (DHA:JMISMDL) Business Description

Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.

JMI Syringes & Medical Devices (DHA:JMISMDL) Headlines

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