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Edap TMS (Edap TMS) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Edap TMS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Edap TMS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Edap TMS'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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Edap TMS Cyclically Adjusted Price-to-FCF Chart

Edap TMS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Edap TMS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Edap TMS's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Edap TMS'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.


Edap TMS's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

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

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



Edap TMS 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.

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

For example, Edap TMS'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)
=-0.154/118.2300*118.2300
=-0.154

Current CPI (Dec. 2023) = 118.2300.

Edap TMS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 100.240 0.000
201406 0.000 100.180 0.000
201409 0.000 99.920 0.000
201412 0.000 99.860 0.000
201503 0.000 100.170 0.000
201506 0.000 100.440 0.000
201509 0.000 99.950 0.000
201512 0.000 100.040 0.000
201603 0.000 100.020 0.000
201606 0.000 100.630 0.000
201609 0.000 100.340 0.000
201612 0.000 100.650 0.000
201703 0.000 101.170 0.000
201706 0.000 101.320 0.000
201709 0.000 101.330 0.000
201712 0.000 101.850 0.000
201803 0.000 102.750 0.000
201806 0.000 103.370 0.000
201809 0.000 103.560 0.000
201812 0.000 103.470 0.000
201903 0.000 103.890 0.000
201906 0.000 104.580 0.000
201909 0.000 104.500 0.000
201912 0.000 104.980 0.000
202003 -0.001 104.590 -0.001
202006 0.000 104.790 0.000
202009 0.000 104.550 0.000
202012 0.000 104.960 0.000
202103 0.046 105.750 0.051
202106 -0.041 106.340 -0.046
202109 0.024 106.810 0.027
202112 0.073 107.850 0.080
202203 0.013 110.490 0.014
202206 -0.010 112.550 -0.011
202209 0.051 112.740 0.053
202212 -0.206 114.160 -0.213
202303 -0.125 116.790 -0.127
202306 -0.206 117.650 -0.207
202309 -0.069 118.260 -0.069
202312 -0.154 118.230 -0.154

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.


Edap TMS  (NAS:EDAP) 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.


Edap TMS Cyclically Adjusted Price-to-FCF Related Terms

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


Edap TMS (Edap TMS) Business Description

Industry
Traded in Other Exchanges
Address
Parc d'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120
Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.