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Asensus Surgical (FRA:2TX) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Asensus Surgical Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asensus Surgical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asensus Surgical'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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Asensus Surgical Cyclically Adjusted Price-to-FCF Chart

Asensus Surgical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Asensus Surgical 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 Asensus Surgical's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Asensus Surgical'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.


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

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

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



Asensus Surgical 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.

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

For example, Asensus Surgical'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)
=-0.048/131.7762*131.7762
=-0.048

Current CPI (Mar. 2024) = 131.7762.

Asensus Surgical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.223 100.560 -1.603
201409 -1.850 100.428 -2.427
201412 -1.616 99.070 -2.150
201503 -1.577 99.621 -2.086
201506 -1.372 100.684 -1.796
201509 -1.194 100.392 -1.567
201512 -1.747 99.792 -2.307
201603 -1.682 100.470 -2.206
201606 -1.319 101.688 -1.709
201609 -1.017 101.861 -1.316
201612 -1.670 101.863 -2.160
201703 -1.444 102.862 -1.850
201706 -1.124 103.349 -1.433
201709 -0.886 104.136 -1.121
201712 -0.565 104.011 -0.716
201803 -0.660 105.290 -0.826
201806 -0.383 106.317 -0.475
201809 -0.884 106.507 -1.094
201812 -0.697 105.998 -0.867
201903 -1.290 107.251 -1.585
201906 -0.811 108.070 -0.989
201909 -1.012 108.329 -1.231
201912 -0.652 108.420 -0.792
202003 -0.391 108.902 -0.473
202006 -0.215 108.767 -0.260
202009 -0.076 109.815 -0.091
202012 -0.101 109.897 -0.121
202103 -0.044 111.754 -0.052
202106 -0.030 114.631 -0.034
202109 -0.033 115.734 -0.038
202112 -0.052 117.630 -0.058
202203 -0.062 121.301 -0.067
202206 -0.058 125.017 -0.061
202209 -0.064 125.227 -0.067
202212 -0.058 125.222 -0.061
202303 -0.068 127.348 -0.070
202306 -0.070 128.729 -0.072
202309 -0.056 129.860 -0.057
202312 -0.047 129.419 -0.048
202403 -0.048 131.776 -0.048

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.


Asensus Surgical  (FRA:2TX) 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.


Asensus Surgical Cyclically Adjusted Price-to-FCF Related Terms

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Asensus Surgical (FRA:2TX) Business Description

Traded in Other Exchanges
Address
1 TW Alexander Drive, Suite 160, Durham, NC, USA, 27703
Asensus Surgical Inc is a medical device company that digitizes the interface between the surgeon and the patient to improve minimally invasive surgery through digital laparoscopy. It enables the use of advanced capabilities such as augmented intelligence, connectivity, and robotics in laparoscopy and seeks to address the current clinical, cognitive, and economic shortcomings in surgery. The Senhance Surgical System is the first machine vision system for use in robotic surgery, which is powered by the new Intelligent Surgical Unit that enables augmented intelligence in surgery and brings the benefits of digital laparoscopy to patients around the world. The company's single segment includes the research, development, and sale of medical device robotics to improve minimally invasive surgery.

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