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Getinge AB (OSTO:GETI B) Cyclically Adjusted Price-to-FCF : 13.89 (As of Jun. 10, 2024)


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

As of today (2024-06-10), Getinge AB's current share price is kr188.70. Getinge AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr13.59. Getinge AB's Cyclically Adjusted Price-to-FCF for today is 13.89.

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

OSTO:GETI B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.94   Med: 17.62   Max: 35.56
Current: 13.89

During the past years, Getinge AB's highest Cyclically Adjusted Price-to-FCF was 35.56. The lowest was 9.94. And the median was 17.62.

OSTO:GETI B's Cyclically Adjusted Price-to-FCF is ranked better than
83.47% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 42.675 vs OSTO:GETI B: 13.89

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.

Getinge AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr3.455. 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 kr13.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Getinge AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Getinge 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.

Getinge AB Cyclically Adjusted Price-to-FCF Chart

Getinge 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 18.13 18.03 32.42 16.54 16.90

Getinge 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 19.62 14.52 14.57 16.90 15.85

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

For the Medical Devices subindustry, Getinge 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.


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

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

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



Getinge 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=188.70/13.59
=13.89

* 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.

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

For example, Getinge 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)
=3.455/132.2054*132.2054
=3.455

Current CPI (Mar. 2024) = 132.2054.

Getinge AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.511 100.432 1.989
201409 0.293 100.161 0.387
201412 8.949 100.225 11.805
201503 1.242 99.950 1.643
201506 0.855 99.995 1.130
201509 1.707 100.228 2.252
201512 2.987 100.276 3.938
201603 2.760 100.751 3.622
201606 1.837 101.019 2.404
201609 2.999 101.138 3.920
201612 7.375 102.022 9.557
201703 2.002 102.022 2.594
201706 -0.720 102.752 -0.926
201709 0.737 103.279 0.943
201712 2.232 103.793 2.843
201803 -0.007 103.962 -0.009
201806 0.088 104.875 0.111
201809 2.919 105.679 3.652
201812 1.123 105.912 1.402
201903 0.492 105.886 0.614
201906 2.115 106.742 2.620
201909 2.126 107.214 2.622
201912 4.857 107.766 5.958
202003 3.609 106.563 4.477
202006 4.971 107.498 6.114
202009 5.720 107.635 7.026
202012 8.294 108.296 10.125
202103 6.792 108.360 8.287
202106 4.501 108.928 5.463
202109 4.589 110.338 5.498
202112 4.788 112.486 5.627
202203 1.498 114.825 1.725
202206 0.455 118.384 0.508
202209 3.671 122.296 3.968
202212 2.570 126.365 2.689
202303 -2.636 127.042 -2.743
202306 0.988 129.407 1.009
202309 3.921 130.224 3.981
202312 3.613 131.912 3.621
202403 3.455 132.205 3.455

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.


Getinge AB  (OSTO:GETI B) 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.


Getinge AB Cyclically Adjusted Price-to-FCF Related Terms

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


Getinge AB (OSTO:GETI B) Business Description

Traded in Other Exchanges
Address
Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56
Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.

Getinge AB (OSTO:GETI B) Headlines

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