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Hydrix (FRA:STJ) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is Hydrix Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydrix Cyclically Adjusted Price-to-FCF Historical Data

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

Hydrix Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Hydrix Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Hydrix's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Hydrix'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.


Hydrix's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hydrix's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hydrix 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.

Hydrix's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Hydrix's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.008/124.1700*124.1700
=-0.008

Current CPI (Jun23) = 124.1700.

Hydrix Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.016 98.352 -0.020
201506 -0.034 99.838 -0.042
201606 -0.032 100.859 -0.039
201706 -0.030 102.809 -0.036
201806 -0.039 104.945 -0.046
201906 -0.033 106.617 -0.038
202006 -0.009 106.246 -0.011
202106 -0.010 110.332 -0.011
202206 -0.021 117.112 -0.022
202306 -0.008 124.170 -0.008

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.


Hydrix  (FRA:STJ) 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.


Hydrix Cyclically Adjusted Price-to-FCF Related Terms

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


Hydrix (FRA:STJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hydrix Ltd (FRA:STJ) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
30-32 Compark Circuit, Mulgrave, Melbourne, VIC, AUS, 3170
Hydrix Ltd engages in the provision of design and development services to customers in the medical, consumer, and industrial sector. It offers a range of sensing products such as Chemring - Portable EM Blocking Device, Universal Biosensors - Coagulation Analyser, Micro X a Mobile X-Ray machine, and others. It offers a range of services including software and electronics; mechanical design; industrial, user experience and human factors engineering; and regulatory, clinical, reimbursement, and quality systems. The firm operates in two segments namely Hydrix Services, and Hydrix Medical. Geographically, it operates within Australia, Singapore, New Zealand, Europe and USA.

Hydrix (FRA:STJ) Headlines

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