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OPKO Health (FRA:XCY) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is OPKO Health Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OPKO Health Cyclically Adjusted Price-to-FCF Historical Data

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

OPKO Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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OPKO Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of OPKO Health's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, OPKO Health'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.


OPKO Health's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, OPKO Health's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



OPKO Health 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.

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

For example, OPKO Health'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)
=-0.052/129.4194*129.4194
=-0.052

Current CPI (Mar. 2024) = 129.4194.

OPKO Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.042 100.560 -0.054
201409 -0.041 100.428 -0.053
201412 -0.048 99.070 -0.063
201503 0.493 99.621 0.640
201506 -0.068 100.684 -0.087
201509 -0.068 100.392 -0.088
201512 -0.027 99.792 -0.035
201603 -0.031 100.470 -0.040
201606 0.064 101.688 0.081
201609 -0.066 101.861 -0.084
201612 0.047 101.863 0.060
201703 -0.073 102.862 -0.092
201706 -0.047 103.349 -0.059
201709 -0.079 104.136 -0.098
201712 -0.019 104.011 -0.024
201803 -0.060 105.290 -0.074
201806 -0.037 106.317 -0.045
201809 -0.052 106.507 -0.063
201812 -0.058 105.998 -0.071
201903 -0.078 107.251 -0.094
201906 -0.086 108.070 -0.103
201909 -0.041 108.329 -0.049
201912 -0.072 108.420 -0.086
202003 -0.069 108.902 -0.082
202006 -0.036 108.767 -0.043
202009 0.071 109.815 0.084
202012 0.035 109.897 0.041
202103 0.022 111.754 0.025
202106 -0.031 114.631 -0.035
202109 0.034 115.734 0.038
202112 -0.017 117.630 -0.019
202203 -0.035 121.301 -0.037
202206 -0.022 125.017 -0.023
202209 -0.054 125.227 -0.056
202212 -0.048 125.222 -0.050
202303 -0.032 127.348 -0.033
202306 -0.008 128.729 -0.008
202309 0.036 129.860 0.036
202312 -0.050 129.419 -0.050
202403 -0.052 129.419 -0.052

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.


OPKO Health  (FRA:XCY) 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.


OPKO Health Cyclically Adjusted Price-to-FCF Related Terms

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OPKO Health (FRA:XCY) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
OPKO Health Inc is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Opko's diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a global supply-chain operation and holding company in Ireland. Opko also owns a speciality active pharmaceutical ingredients manufacturer in Israel. The company's bio-reference testing business consists of routine testing and esoteric testing. Routine tests measure various health parameters, such as the functions of the heart, kidney, liver, thyroid, and other organs.

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