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Aclaris Therapeutics (FRA:8AT) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Aclaris Therapeutics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aclaris Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aclaris Therapeutics'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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Aclaris Therapeutics Cyclically Adjusted Price-to-FCF Chart

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

For the Diagnostics & Research subindustry, Aclaris Therapeutics'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.


Aclaris Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Aclaris Therapeutics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aclaris Therapeutics 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.

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

For example, Aclaris Therapeutics'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)
=-0.271/131.7762*131.7762
=-0.271

Current CPI (Mar. 2024) = 131.7762.

Aclaris Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 -0.250 99.621 -0.331
201506 -0.139 100.684 -0.182
201509 -0.491 100.392 -0.644
201512 -0.194 99.792 -0.256
201603 -0.309 100.470 -0.405
201606 -0.422 101.688 -0.547
201609 -0.415 101.861 -0.537
201612 -0.329 101.863 -0.426
201703 -0.461 102.862 -0.591
201706 -0.344 103.349 -0.439
201709 -0.407 104.136 -0.515
201712 -0.514 104.011 -0.651
201803 -0.582 105.290 -0.728
201806 -0.614 106.317 -0.761
201809 -0.841 106.507 -1.041
201812 -0.620 105.998 -0.771
201903 -0.678 107.251 -0.833
201906 -0.464 108.070 -0.566
201909 -0.531 108.329 -0.646
201912 -0.449 108.420 -0.546
202003 -0.151 108.902 -0.183
202006 -0.228 108.767 -0.276
202009 -0.247 109.815 -0.296
202012 -0.167 109.897 -0.200
202103 -0.204 111.754 -0.241
202106 -0.188 114.631 -0.216
202109 -0.147 115.734 -0.167
202112 -0.247 117.630 -0.277
202203 -0.312 121.301 -0.339
202206 -0.285 125.017 -0.300
202209 -0.121 125.227 -0.127
202212 -0.272 125.222 -0.286
202303 -0.376 127.348 -0.389
202306 -0.273 128.729 -0.279
202309 -0.326 129.860 -0.331
202312 -0.093 129.419 -0.095
202403 -0.271 131.776 -0.271

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.


Aclaris Therapeutics  (FRA:8AT) 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.


Aclaris Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Aclaris Therapeutics (FRA:8AT) Business Description

Traded in Other Exchanges
Address
640 Lee Road, Suite 200, Wayne, PA, USA, 19087
Aclaris Therapeutics Inc is a clinical-stage biopharmaceutical company that operates in the United States. It focuses on developing novel drug candidates for immuno-inflammatory diseases. The company operates in two segments: therapeutics and contract research. The therapeutics segment is focused on identifying and developing innovative therapies to address significant unmet needs for immuno-inflammatory diseases. The contract research segment earns revenue from the provision of laboratory services. The majority of its revenue comes from the contract research segment, which provides laboratory services. Its drug candidates under development are Zunsemetinib, which is an Oral MK2 Inhibitor; ATI-2138 is an ITJ Inhibitor; and ATI-1777.

Aclaris Therapeutics (FRA:8AT) Headlines

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