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Invacare (Invacare) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Invacare Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invacare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Invacare'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.

Invacare Cyclically Adjusted Price-to-FCF Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.15 50.67 - - -

Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Invacare's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Invacare'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.


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

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

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



Invacare 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.

Invacare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Invacare's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.968/127.3478*127.3478
=-0.968

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.048 98.518 0.062
201309 0.789 98.790 1.017
201312 0.256 98.326 0.332
201403 -0.330 99.695 -0.422
201406 -0.315 100.560 -0.399
201409 0.362 100.428 0.459
201412 0.178 99.070 0.229
201503 -0.791 99.621 -1.011
201506 -0.428 100.684 -0.541
201509 -0.054 100.392 -0.068
201512 0.871 99.792 1.112
201603 -1.232 100.470 -1.562
201606 -0.537 101.688 -0.673
201609 0.045 101.861 0.056
201612 -0.325 101.863 -0.406
201703 -1.020 102.862 -1.263
201706 -0.681 103.349 -0.839
201709 -0.143 104.136 -0.175
201712 0.607 104.011 0.743
201803 -0.790 105.290 -0.956
201806 -0.724 106.317 -0.867
201809 -0.179 106.507 -0.214
201812 0.033 105.998 0.040
201903 -0.732 107.251 -0.869
201906 0.007 108.070 0.008
201909 0.364 108.329 0.428
201912 0.112 108.420 0.132
202003 -0.355 108.902 -0.415
202006 -0.067 108.767 -0.078
202009 -0.053 109.815 -0.061
202012 0.464 109.897 0.538
202103 -0.531 111.754 -0.605
202106 -0.809 114.631 -0.899
202109 -0.182 115.734 -0.200
202112 0.571 117.630 0.618
202203 -0.886 121.301 -0.930
202206 0.004 125.017 0.004
202209 -0.608 125.227 -0.618
202212 -0.263 125.222 -0.267
202303 -0.968 127.348 -0.968

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.


Invacare  (GREY:IVCRB) 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.


Invacare Cyclically Adjusted Price-to-FCF Related Terms

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


Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.

Invacare (Invacare) Headlines