GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elbit Imaging Ltd (OTCPK:EMITF) » Definitions » Cyclically Adjusted Price-to-FCF

Elbit Imaging (Elbit Imaging) Cyclically Adjusted Price-to-FCF : 0.23 (As of May. 14, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Elbit Imaging Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Elbit Imaging's current share price is $0.80. Elbit Imaging's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $3.46. Elbit Imaging's Cyclically Adjusted Price-to-FCF for today is 0.23.

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

EMITF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.3
Current: 0.3

During the past 13 years, Elbit Imaging's highest Cyclically Adjusted Price-to-FCF was 0.30. The lowest was 0.00. And the median was 0.00.

EMITF's Cyclically Adjusted Price-to-FCF is ranked better than
99.58% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 44.025 vs EMITF: 0.30

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.

Elbit Imaging's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-0.082. 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 $3.46 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elbit Imaging Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Elbit Imaging'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.

Elbit Imaging Cyclically Adjusted Price-to-FCF Chart

Elbit Imaging 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 - - 0.38 0.31 0.30

Elbit Imaging Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.38 - 0.31 - 0.30

Competitive Comparison of Elbit Imaging's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Elbit Imaging'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.


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

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

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



Elbit Imaging 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.80/3.46
=0.23

* 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.

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

For example, Elbit Imaging'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)
=-0.082/129.4194*129.4194
=-0.082

Current CPI (Dec23) = 129.4194.

Elbit Imaging Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 9.453 99.070 12.349
201512 4.937 99.792 6.403
201612 2.183 101.863 2.774
201712 12.649 104.011 15.739
201812 -0.598 105.998 -0.730
201912 -0.436 108.420 -0.520
202012 -0.461 109.897 -0.543
202112 -0.100 117.630 -0.110
202212 -0.102 125.222 -0.105
202312 -0.082 129.419 -0.082

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.


Elbit Imaging  (OTCPK:EMITF) 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.


Elbit Imaging Cyclically Adjusted Price-to-FCF Related Terms

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


Elbit Imaging (Elbit Imaging) Business Description

Traded in Other Exchanges
Address
3 Shimshon Street, Olympia A Tower, Petach Tikva, ISR, 4900102
Elbit Imaging Ltd is an Israel based company. The business activity of the group is operated through two segments including Medical industries and devices, and Plots in India. Geographically the business presence is in the region of America, Europe, and ROW. The company derives maximum revenue from the Medical industries and devices segment which operates in the field of life science that includes development, production, and marketing of treatment-oriented medical systems, and for certain cancer diseases in the America region.