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Patterson (Patterson) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Patterson Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Patterson Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Patterson'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.

Patterson Cyclically Adjusted Price-to-FCF Chart

Patterson Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 14.43 110.84 - -

Patterson Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Patterson's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Patterson'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.


Patterson's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Patterson's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Patterson 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-2.727/129.4194*129.4194
=-2.727

Current CPI (Jan. 2024) = 129.4194.

Patterson Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.420 100.023 0.543
201407 0.525 100.520 0.676
201410 0.167 100.176 0.216
201501 0.459 98.604 0.602
201504 0.874 99.824 1.133
201507 -0.116 100.691 -0.149
201510 -0.830 100.346 -1.070
201601 -0.510 99.957 -0.660
201604 2.286 100.947 2.931
201607 -0.914 101.524 -1.165
201610 0.033 101.988 0.042
201701 0.363 102.456 0.459
201704 1.754 103.167 2.200
201707 -0.561 103.278 -0.703
201710 1.215 104.070 1.511
201801 -0.528 104.578 -0.653
201804 1.340 105.708 1.641
201807 2.110 106.324 2.568
201810 -0.184 106.695 -0.223
201901 -1.449 106.200 -1.766
201904 -0.586 107.818 -0.703
201907 -0.572 108.250 -0.684
201910 0.177 108.577 0.211
202001 -1.729 108.841 -2.056
202004 -0.884 108.173 -1.058
202007 -2.465 109.318 -2.918
202010 -2.086 109.861 -2.457
202101 -1.945 110.364 -2.281
202104 -1.336 112.673 -1.535
202107 -3.268 115.183 -3.672
202110 -2.373 116.696 -2.632
202201 -3.106 118.619 -3.389
202204 -1.608 121.978 -1.706
202207 -3.242 125.002 -3.357
202210 -2.356 125.734 -2.425
202301 -2.283 126.223 -2.341
202304 -0.496 127.992 -0.502
202307 -2.812 128.974 -2.822
202310 -2.609 129.810 -2.601
202401 -2.727 129.419 -2.727

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.


Patterson  (NAS:PDCO) 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.


Patterson Cyclically Adjusted Price-to-FCF Related Terms

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Patterson (Patterson) Business Description

Traded in Other Exchanges
Address
1031 Mendota Heights Road, Saint Paul, MN, USA, 55120
Patterson Companies Inc is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives a majority of its revenue from the United States.
Executives
Kevin Michael Barry officer: Chief Financial Officer 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Donald Zurbay officer: Chief Financial Officer C/O ST. JUDE MEDICAL, INC., ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN 55117
Timothy E Rogan officer: President - Dental 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Les B Korsh officer: VP, General Counsel 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55110
Meenu Agarwal director 7246 E MERCER WAY, MERCER ISLAND WA 98040
Samantha L Bergeson officer: CHRO 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Andrea L. Frohning officer: Chief Human Resources Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Philip Mckoy director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jody H Feragen director 1 HORMEL PLACE, AUSTIN TX 55912
Eric R Shirley officer: President-Patterson Dental 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Francis Joseph Malecha director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Robert Frenzel director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Dennis W Goedken officer: Interim CFO 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Ann B Gugino officer: Vice President 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
John D Buck director 4201 GULF SHORE BLVD NORTH, APT 1703N, NAPLES FL 34103