GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vanda Pharmaceuticals Inc (FRA:VM4) » Definitions » Cyclically Adjusted Price-to-FCF

Vanda Pharmaceuticals (FRA:VM4) Cyclically Adjusted Price-to-FCF : 26.32 (As of May. 21, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vanda Pharmaceuticals Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Vanda Pharmaceuticals's current share price is €5.00. Vanda Pharmaceuticals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.19. Vanda Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is 26.32.

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

FRA:VM4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.73   Med: 110.75   Max: 1885
Current: 24.42

During the past years, Vanda Pharmaceuticals's highest Cyclically Adjusted Price-to-FCF was 1885.00. The lowest was 18.73. And the median was 110.75.

FRA:VM4's Cyclically Adjusted Price-to-FCF is ranked better than
80% of 105 companies
in the Biotechnology industry
Industry Median: 56.6 vs FRA:VM4: 24.42

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.

Vanda Pharmaceuticals's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.120. 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 €0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vanda Pharmaceuticals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vanda Pharmaceuticals'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.

Vanda Pharmaceuticals Cyclically Adjusted Price-to-FCF Chart

Vanda Pharmaceuticals 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 - - - - 50.20

Vanda Pharmaceuticals 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 - 2,110.29 101.25 50.20 18.32

Competitive Comparison of Vanda Pharmaceuticals's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Vanda Pharmaceuticals'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.


Vanda Pharmaceuticals's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Vanda Pharmaceuticals 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.

Vanda Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.00/0.19
=26.32

* 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.

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

For example, Vanda Pharmaceuticals'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)
=0.12/131.7762*131.7762
=0.120

Current CPI (Mar. 2024) = 131.7762.

Vanda Pharmaceuticals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.802 100.560 -1.051
201409 -0.175 100.428 -0.230
201412 -0.246 99.070 -0.327
201503 0.106 99.621 0.140
201506 0.253 100.684 0.331
201509 -0.120 100.392 -0.158
201512 -0.023 99.792 -0.030
201603 -0.102 100.470 -0.134
201606 -0.067 101.688 -0.087
201609 0.025 101.861 0.032
201612 -0.025 101.863 -0.032
201703 -0.123 102.862 -0.158
201706 -0.057 103.349 -0.073
201709 0.034 104.136 0.043
201712 0.062 104.011 0.079
201803 0.025 105.290 0.031
201806 -0.328 106.317 -0.407
201809 0.134 106.507 0.166
201812 0.243 105.998 0.302
201903 0.155 107.251 0.190
201906 0.328 108.070 0.400
201909 0.095 108.329 0.116
201912 0.159 108.420 0.193
202003 -0.021 108.902 -0.025
202006 0.384 108.767 0.465
202009 0.140 109.815 0.168
202012 0.271 109.897 0.325
202103 0.135 111.754 0.159
202106 0.273 114.631 0.314
202109 0.140 115.734 0.159
202112 0.409 117.630 0.458
202203 0.064 121.301 0.070
202206 0.091 125.017 0.096
202209 0.225 125.227 0.237
202212 0.147 125.222 0.155
202303 0.517 127.348 0.535
202306 -0.213 128.729 -0.218
202309 -0.034 129.860 -0.035
202312 -0.063 129.419 -0.064
202403 0.120 131.776 0.120

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.


Vanda Pharmaceuticals  (FRA:VM4) 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.


Vanda Pharmaceuticals Cyclically Adjusted Price-to-FCF Related Terms

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


Vanda Pharmaceuticals (FRA:VM4) Business Description

Traded in Other Exchanges
Address
2200 Pennsylvania Avenue NW, Suite 300 E, Washington, DC, USA, 20037
Vanda Pharmaceuticals Inc is a biopharmaceutical company engaged in the development and commercialization of therapies to address high unmet medical needs and improve the lives of patients. Its commercial portfolio comprises two products, HETLIOZ for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) & nighttime sleep disturbances in Smith-Magenis Syndrome (SMS) and Fanapt for the treatment of schizophrenia. Its other products include VHX-896 and ASO Molecules. The majority of revenue is derived from HETLIOZ product sales.

Vanda Pharmaceuticals (FRA:VM4) Headlines

No Headlines