GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bio-Techne Corp (FRA:TE1) » Definitions » Cyclically Adjusted Price-to-FCF

Bio-Techne (FRA:TE1) Cyclically Adjusted Price-to-FCF : 59.77 (As of May. 21, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Bio-Techne Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Bio-Techne's current share price is €76.50. Bio-Techne's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.28. Bio-Techne's Cyclically Adjusted Price-to-FCF for today is 59.77.

The historical rank and industry rank for Bio-Techne's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:TE1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.76   Med: 47.38   Max: 125.91
Current: 59.55

During the past years, Bio-Techne's highest Cyclically Adjusted Price-to-FCF was 125.91. The lowest was 24.76. And the median was 47.38.

FRA:TE1's Cyclically Adjusted Price-to-FCF is ranked worse than
55.24% of 105 companies
in the Biotechnology industry
Industry Median: 56.6 vs FRA:TE1: 59.55

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Bio-Techne's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.370. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bio-Techne Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bio-Techne'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.

Bio-Techne Cyclically Adjusted Price-to-FCF Chart

Bio-Techne Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.35 71.20 105.22 70.00 61.83

Bio-Techne 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 57.81 61.83 51.01 57.24 50.81

Competitive Comparison of Bio-Techne's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Bio-Techne'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.


Bio-Techne's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Bio-Techne 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.

Bio-Techne's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=76.50/1.28
=59.77

* 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.

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

For example, Bio-Techne'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)
=0.37/131.7762*131.7762
=0.370

Current CPI (Mar. 2024) = 131.7762.

Bio-Techne Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.178 100.560 0.233
201409 0.161 100.428 0.211
201412 0.178 99.070 0.237
201503 0.160 99.621 0.212
201506 0.180 100.684 0.236
201509 0.153 100.392 0.201
201512 0.207 99.792 0.273
201603 0.206 100.470 0.270
201606 0.200 101.688 0.259
201609 0.141 101.861 0.182
201612 0.245 101.863 0.317
201703 0.131 102.862 0.168
201706 0.267 103.349 0.340
201709 0.219 104.136 0.277
201712 0.183 104.011 0.232
201803 0.096 105.290 0.120
201806 0.329 106.317 0.408
201809 0.195 106.507 0.241
201812 0.238 105.998 0.296
201903 0.198 107.251 0.243
201906 0.250 108.070 0.305
201909 0.174 108.329 0.212
201912 0.318 108.420 0.387
202003 0.231 108.902 0.280
202006 0.154 108.767 0.187
202009 0.292 109.815 0.350
202012 0.397 109.897 0.476
202103 0.332 111.754 0.391
202106 0.560 114.631 0.644
202109 0.219 115.734 0.249
202112 0.488 117.630 0.547
202203 0.322 121.301 0.350
202206 0.516 125.017 0.544
202209 0.290 125.227 0.305
202212 0.340 125.222 0.358
202303 0.224 127.348 0.232
202306 0.413 128.729 0.423
202309 0.265 129.860 0.269
202312 0.391 129.419 0.398
202403 0.370 131.776 0.370

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.


Bio-Techne  (FRA:TE1) 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.


Bio-Techne Cyclically Adjusted Price-to-FCF Related Terms

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


Bio-Techne (FRA:TE1) Business Description

Industry
Traded in Other Exchanges
Address
614 McKinley Place N.E., Minneapolis, MN, USA, 55413
Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.

Bio-Techne (FRA:TE1) Headlines

No Headlines