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Intercell AG (FRA:IJE) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Intercell AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercell AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Intercell AG'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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Intercell AG Cyclically Adjusted Price-to-FCF Chart

Intercell AG Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Intercell AG Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Intercell AG's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Intercell AG'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.


Intercell AG's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Intercell AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Intercell AG 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.

Intercell AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Intercell AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=-0.509/96.8748*96.8748
=-0.509

Current CPI (Dec12) = 96.8748.

Intercell AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200312 0.000 79.476 0.000
200412 -0.505 81.790 -0.598
200512 -0.753 82.937 -0.880
200612 -0.206 84.175 -0.237
200712 0.874 87.228 0.971
200812 -1.171 88.384 -1.284
200912 -1.063 89.291 -1.153
201012 -1.714 91.355 -1.818
201112 -1.066 94.254 -1.096
201212 -0.509 96.875 -0.509

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.


Intercell AG  (FRA:IJE) 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.


Intercell AG Cyclically Adjusted Price-to-FCF Related Terms

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Intercell AG (FRA:IJE) Business Description

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