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Biotage AB (OSTO:BIOT) Cyclically Adjusted Price-to-FCF : 58.87 (As of May. 20, 2024)


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What is Biotage AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Biotage AB's current share price is kr177.80. Biotage AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr3.02. Biotage AB's Cyclically Adjusted Price-to-FCF for today is 58.87.

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

OSTO:BIOT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 31.41   Med: 100.11   Max: 155.8
Current: 59.26

During the past years, Biotage AB's highest Cyclically Adjusted Price-to-FCF was 155.80. The lowest was 31.41. And the median was 100.11.

OSTO:BIOT's Cyclically Adjusted Price-to-FCF is ranked worse than
65.68% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 44.395 vs OSTO:BIOT: 59.26

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.

Biotage AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.837. 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 kr3.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biotage AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Biotage AB'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.

Biotage AB Cyclically Adjusted Price-to-FCF Chart

Biotage AB 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 101.87 91.03 134.19 72.44 45.57

Biotage AB 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 51.78 50.55 38.83 45.57 60.19

Competitive Comparison of Biotage AB's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Biotage AB'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.


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

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

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



Biotage AB 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.

Biotage AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=177.80/3.02
=58.87

* 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.

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

For example, Biotage AB'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)
=0.837/132.2054*132.2054
=0.837

Current CPI (Mar. 2024) = 132.2054.

Biotage AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.260 100.432 0.342
201409 0.151 100.161 0.199
201412 0.328 100.225 0.433
201503 0.285 99.950 0.377
201506 0.335 99.995 0.443
201509 0.385 100.228 0.508
201512 0.356 100.276 0.469
201603 0.443 100.751 0.581
201606 0.263 101.019 0.344
201609 0.326 101.138 0.426
201612 0.383 102.022 0.496
201703 0.357 102.022 0.463
201706 0.500 102.752 0.643
201709 0.338 103.279 0.433
201712 0.830 103.793 1.057
201803 0.233 103.962 0.296
201806 0.203 104.875 0.256
201809 0.584 105.679 0.731
201812 0.646 105.912 0.806
201903 0.024 105.886 0.030
201906 0.481 106.742 0.596
201909 1.077 107.214 1.328
201912 0.969 107.766 1.189
202003 0.705 106.563 0.875
202006 0.641 107.498 0.788
202009 0.966 107.635 1.187
202012 1.043 108.296 1.273
202103 0.767 108.360 0.936
202106 1.164 108.928 1.413
202109 1.209 110.338 1.449
202112 1.394 112.486 1.638
202203 0.650 114.825 0.748
202206 1.058 118.384 1.182
202209 1.209 122.296 1.307
202212 1.178 126.365 1.232
202303 -0.121 127.042 -0.126
202306 0.474 129.407 0.484
202309 0.999 130.224 1.014
202312 1.536 131.912 1.539
202403 0.837 132.205 0.837

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.


Biotage AB  (OSTO:BIOT) 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.


Biotage AB Cyclically Adjusted Price-to-FCF Related Terms

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


Biotage AB (OSTO:BIOT) Business Description

Traded in Other Exchanges
Address
Vimpelgatan 5, Box 8, Uppsala, SWE, 751 03
Biotage AB provides separation technology and solutions for analytical and organic chemistry from research to commercial analytical laboratories and industrial applications. Its customers span a broad range of market segments including pharmaceutical, biotech, diagnostic, contract research, and contract manufacturers as well as clinical, forensic, and academic laboratories in addition to organizations focused on food safety, clean water, and environmental sustainability. It serves three geographic markets: The Americas, APAC (Asia-Pacific,) and EMEA (Europe, Middle East & Africa). The company's product areas include Small Molecules & Synthetic Therapeutics, Biologics & Advanced Therapeutics, Scale-Up, Diagnostics, Analytical Testing, and Water & Environmental Testing.

Biotage AB (OSTO:BIOT) Headlines

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