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Sernova (Sernova) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Sernova Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sernova Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sernova'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.

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Sernova Cyclically Adjusted Price-to-FCF Chart

Sernova Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
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Sernova Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Sernova's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Sernova'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.


Sernova's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Sernova 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.

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

For example, Sernova'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)
=-0.01/125.4675*125.4675
=-0.010

Current CPI (Jan. 2024) = 125.4675.

Sernova Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.003 98.920 -0.004
201407 -0.004 99.315 -0.005
201410 -0.003 99.473 -0.004
201501 -0.002 98.209 -0.003
201504 -0.003 99.710 -0.004
201507 -0.004 100.579 -0.005
201510 -0.003 100.500 -0.004
201601 -0.002 100.184 -0.003
201604 -0.004 101.370 -0.005
201607 -0.004 101.844 -0.005
201610 -0.004 102.002 -0.005
201701 -0.003 102.318 -0.004
201704 -0.002 103.029 -0.002
201707 -0.006 103.029 -0.007
201710 -0.003 103.424 -0.004
201801 -0.004 104.056 -0.005
201804 -0.004 105.320 -0.005
201807 -0.006 106.110 -0.007
201810 -0.005 105.952 -0.006
201901 -0.003 105.557 -0.004
201904 -0.003 107.453 -0.004
201907 -0.005 108.243 -0.006
201910 -0.006 107.927 -0.007
202001 -0.004 108.085 -0.005
202004 -0.003 107.216 -0.004
202007 -0.007 108.401 -0.008
202010 -0.004 108.638 -0.005
202101 -0.004 109.192 -0.005
202104 -0.007 110.851 -0.008
202107 -0.006 112.431 -0.007
202110 -0.006 113.695 -0.007
202201 -0.007 114.801 -0.008
202204 -0.009 118.357 -0.010
202207 -0.014 120.964 -0.015
202210 -0.011 121.517 -0.011
202301 -0.014 121.596 -0.014
202304 -0.022 123.571 -0.022
202307 -0.011 124.914 -0.011
202310 -0.027 125.310 -0.027
202401 -0.010 125.468 -0.010

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.


Sernova  (OTCPK:SEOVF) 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.


Sernova Cyclically Adjusted Price-to-FCF Related Terms

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Sernova (Sernova) Business Description

Industry
Traded in Other Exchanges
Address
700 Collip Circle, The Stiller Centre, Suite 114, London, ON, CAN, N6G 4X8
Sernova Corp is a clinical-stage company developing products for the treatment of chronic debilitating diseases. The company is engaged in the research and development of its proprietary Cell Pouch and associated technologies including immune-protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device designed to create a vascularized tissue environment for the transplantation and engraftment of therapeutic cells, which then release proteins and or hormones for the long-term treatment of multiple serious, chronic diseases such as diabetes, hemophilia, and thyroid disease.

Sernova (Sernova) Headlines

From GuruFocus

Sernova Corp. Announces CEO Succession Plan and Expanded Management Team

By Value_Insider Value_Insider 12-06-2022