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MCUJF (Medicure) Cyclically Adjusted Price-to-FCF : (As of Dec. 12, 2024)


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What is Medicure Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Medicure Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Medicure'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.

Medicure Cyclically Adjusted Price-to-FCF Chart

Medicure Annual Data
Trend May14 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 - - - - 110.21

Medicure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 444.38 110.21 110.55 132.70 -

Competitive Comparison of Medicure's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Medicure'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.


Medicure's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medicure's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Medicure 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.

Medicure's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Medicure's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.062/127.2847*127.2847
=-0.062

Current CPI (Sep. 2024) = 127.2847.

Medicure Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.018 99.315 0.023
201503 0.042 99.789 0.054
201506 0.024 100.500 0.030
201509 -0.052 100.421 -0.066
201512 -0.013 99.947 -0.017
201603 0.215 101.054 0.271
201606 -0.016 102.002 -0.020
201609 0.014 101.765 0.018
201612 0.046 101.449 0.058
201703 -0.050 102.634 -0.062
201706 -0.185 103.029 -0.229
201709 1.501 103.345 1.849
201712 -0.271 103.345 -0.334
201803 0.010 105.004 0.012
201806 -0.124 105.557 -0.150
201809 0.268 105.636 0.323
201812 -0.169 105.399 -0.204
201903 -0.438 106.979 -0.521
201906 -0.258 107.690 -0.305
201909 -0.525 107.611 -0.621
201912 -0.201 107.769 -0.237
202003 -0.055 107.927 -0.065
202006 -0.065 108.401 -0.076
202009 0.053 108.164 0.062
202012 -0.106 108.559 -0.124
202103 0.017 110.298 0.020
202106 0.037 111.720 0.042
202109 0.088 112.905 0.099
202112 0.165 113.774 0.185
202203 -0.064 117.646 -0.069
202206 0.142 120.806 0.150
202209 -0.017 120.648 -0.018
202212 0.030 120.964 0.032
202303 0.011 122.702 0.011
202306 0.042 124.203 0.043
202309 0.017 125.230 0.017
202312 0.057 125.072 0.058
202403 -0.016 126.258 -0.016
202406 -0.009 127.522 -0.009
202409 -0.062 127.285 -0.062

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.


Medicure  (OTCPK:MCUJF) 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.


Medicure Cyclically Adjusted Price-to-FCF Related Terms

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Medicure Business Description

Industry
Traded in Other Exchanges
Address
2 - 1250 Waverley Street, Winnipeg, MB, CAN, R3T 6C6
Medicure Inc is a biopharmaceutical company. It is involved in the research, clinical development, and commercialization of human therapeutics for the United States hospital market. Further, it also operates a specialty pharmacy in the United States of America. The company's present focus is the sale and marketing of its cardiovascular products, AGGRASTAT, ZYPITAMAG, and developing its e-commerce and mail order pharmaceutical business. The company operates in two segments namely, Marketing and distribution of commercial products and, Retail and mail order pharmacy. The majority of the company's revenue is generated from the marketing and distribution of the commercial products segment.

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