GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Axogen Inc (FRA:LT3) » Definitions » Cyclically Adjusted Price-to-FCF

Axogen (FRA:LT3) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Axogen Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Axogen Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axogen'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.

Axogen Cyclically Adjusted Price-to-FCF Chart

Axogen 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 - - - - -

Axogen Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Axogen's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Axogen'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.


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

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

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



Axogen 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.

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

For example, Axogen'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)
=-0.29/131.7762*131.7762
=-0.290

Current CPI (Mar. 2024) = 131.7762.

Axogen Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.113 100.560 -0.148
201409 -0.105 100.428 -0.138
201412 -0.115 99.070 -0.153
201503 -0.105 99.621 -0.139
201506 -0.130 100.684 -0.170
201509 -0.101 100.392 -0.133
201512 -0.134 99.792 -0.177
201603 -0.153 100.470 -0.201
201606 -0.085 101.688 -0.110
201609 -0.077 101.861 -0.100
201612 -0.054 101.863 -0.070
201703 -0.117 102.862 -0.150
201706 -0.065 103.349 -0.083
201709 -0.062 104.136 -0.078
201712 -0.038 104.011 -0.048
201803 -0.149 105.290 -0.186
201806 -0.105 106.317 -0.130
201809 -0.188 106.507 -0.233
201812 -0.118 105.998 -0.147
201903 -0.213 107.251 -0.262
201906 -0.165 108.070 -0.201
201909 -0.092 108.329 -0.112
201912 -0.102 108.420 -0.124
202003 -0.301 108.902 -0.364
202006 -0.341 108.767 -0.413
202009 -0.070 109.815 -0.084
202012 -0.009 109.897 -0.011
202103 -0.290 111.754 -0.342
202106 -0.183 114.631 -0.210
202109 -0.204 115.734 -0.232
202112 -0.186 117.630 -0.208
202203 -0.362 121.301 -0.393
202206 -0.225 125.017 -0.237
202209 -0.125 125.227 -0.132
202212 -0.121 125.222 -0.127
202303 -0.263 127.348 -0.272
202306 -0.094 128.729 -0.096
202309 -0.050 129.860 -0.051
202312 -0.042 129.419 -0.043
202403 -0.290 131.776 -0.290

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.


Axogen  (FRA:LT3) 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.


Axogen Cyclically Adjusted Price-to-FCF Related Terms

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


Axogen (FRA:LT3) Business Description

Traded in Other Exchanges
Address
13631 Progress Boulevard, Suite 400, Alachua, FL, USA, 32615
Axogen Inc is engaged in the science, development, and commercialization of technologies for peripheral nerve regeneration and repair. The company provides clinically, economically effective repair solutions for surgeons and health care providers. Its products include Avance Nerve Graft, Axoguard Nerve Connector, Axoguard Nerve Protector, Axoguard Nerve Cap, and Avive Soft Tissue Membrane. It also offers an Axotouch Two-Point Discriminator used to measure the innervation density of any surface area of the skin. Its products are available in the United States, Canada, Germany, the United Kingdom, Spain, South Korea, and several other countries.

Axogen (FRA:LT3) Headlines

No Headlines