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Orion Oyj (MIL:1ORNBV) Cyclically Adjusted Price-to-FCF : 27.30 (As of Jan. 19, 2025)


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What is Orion Oyj Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), Orion Oyj's current share price is €43.40. Orion Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was €1.59. Orion Oyj's Cyclically Adjusted Price-to-FCF for today is 27.30.

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

MIL:1ORNBV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.2   Med: 25.68   Max: 34.6
Current: 31.3

During the past years, Orion Oyj's highest Cyclically Adjusted Price-to-FCF was 34.60. The lowest was 19.20. And the median was 25.68.

MIL:1ORNBV's Cyclically Adjusted Price-to-FCF is ranked worse than
51.53% of 295 companies
in the Drug Manufacturers industry
Industry Median: 30.3 vs MIL:1ORNBV: 31.30

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.

Orion Oyj's adjusted free cash flow per share data for the three months ended in Sep. 2024 was €0.318. 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 €1.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orion Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Orion Oyj'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.

Orion Oyj Cyclically Adjusted Price-to-FCF Chart

Orion Oyj 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 29.97 26.41 25.13 30.34 24.15

Orion Oyj 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 22.43 24.15 20.84 24.95 31.17

Competitive Comparison of Orion Oyj's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - General subindustry, Orion Oyj'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.


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

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

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



Orion Oyj 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.

Orion Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.40/1.59
=27.30

* 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.

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

For example, Orion Oyj'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)
=0.318/122.2600*122.2600
=0.318

Current CPI (Sep. 2024) = 122.2600.

Orion Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.379 100.229 0.462
201503 0.376 100.120 0.459
201506 0.292 100.030 0.357
201509 0.439 100.130 0.536
201512 0.397 99.990 0.485
201603 0.290 100.080 0.354
201606 0.269 100.390 0.328
201609 0.485 100.540 0.590
201612 0.386 101.020 0.467
201703 0.328 100.910 0.397
201706 0.067 101.140 0.081
201709 0.460 101.320 0.555
201712 0.226 101.510 0.272
201803 0.388 101.730 0.466
201806 0.201 102.320 0.240
201809 0.357 102.600 0.425
201812 0.217 102.710 0.258
201903 0.401 102.870 0.477
201906 0.171 103.360 0.202
201909 0.696 103.540 0.822
201912 0.400 103.650 0.472
202003 0.338 103.490 0.399
202006 0.558 103.320 0.660
202009 0.623 103.710 0.734
202012 0.329 103.890 0.387
202103 0.191 104.870 0.223
202106 0.306 105.360 0.355
202109 -0.009 106.290 -0.010
202112 0.442 107.490 0.503
202203 0.133 110.950 0.147
202206 0.225 113.570 0.242
202209 2.353 114.920 2.503
202212 -0.148 117.320 -0.154
202303 -0.355 119.750 -0.362
202306 0.112 120.690 0.113
202309 0.070 121.280 0.071
202312 0.190 121.540 0.191
202403 0.628 122.360 0.627
202406 0.083 122.230 0.083
202409 0.318 122.260 0.318

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.


Orion Oyj  (MIL:1ORNBV) 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.


Orion Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Orion Oyj Business Description

Industry
Address
Orionintie 1, Espoo, FIN, FI-02200
Orion Oyj is a globally operating Finnish pharmaceutical company that develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company predominantly focuses on treatments for central nervous system disorders, oncology, and respiratory diseases. Orion's customers include specialists and general practitioners, veterinarians, pharmacies, hospitals, and laboratories. Orion mainly serves Finland but also has a presence in other European countries, North America and other countries.

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