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SRDX (Surmodics) Cyclically Adjusted Price-to-FCF : 59.39 (As of Jun. 02, 2025)


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What is Surmodics Cyclically Adjusted Price-to-FCF?

As of today (2025-06-02), Surmodics's current share price is $29.10. Surmodics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.49. Surmodics's Cyclically Adjusted Price-to-FCF for today is 59.39.

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

SRDX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.32   Med: 41.94   Max: 80.65
Current: 59.25

During the past years, Surmodics's highest Cyclically Adjusted Price-to-FCF was 80.65. The lowest was 15.32. And the median was 41.94.

SRDX's Cyclically Adjusted Price-to-FCF is ranked worse than
70.04% of 247 companies
in the Medical Devices & Instruments industry
Industry Median: 36.39 vs SRDX: 59.25

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.

Surmodics's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.044. 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 $0.49 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surmodics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Surmodics'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.

Surmodics Cyclically Adjusted Price-to-FCF Chart

Surmodics Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.34 55.26 36.98 42.15 64.37

Surmodics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 42.02 67.31 64.37 80.67 62.34

Competitive Comparison of Surmodics's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Surmodics'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.


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

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

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


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Surmodics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.10/0.49
=59.39

* 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.

Surmodics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Surmodics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.044/134.9266*134.9266
=0.044

Current CPI (Mar. 2025) = 134.9266.

Surmodics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.378 100.684 0.507
201509 0.114 100.392 0.153
201512 0.447 99.792 0.604
201603 0.205 100.470 0.275
201606 0.384 101.688 0.510
201609 0.247 101.861 0.327
201612 0.030 101.863 0.040
201703 0.074 102.862 0.097
201706 0.103 103.349 0.134
201709 0.363 104.136 0.470
201712 -0.052 104.011 -0.067
201803 1.789 105.290 2.293
201806 -0.424 106.317 -0.538
201809 0.162 106.507 0.205
201812 -0.540 105.998 -0.687
201903 0.030 107.251 0.038
201906 -0.114 108.070 -0.142
201909 0.719 108.329 0.896
201912 -0.187 108.420 -0.233
202003 0.111 108.902 0.138
202006 0.807 108.767 1.001
202009 0.019 109.815 0.023
202012 -0.482 109.897 -0.592
202103 1.099 111.754 1.327
202106 0.134 114.631 0.158
202109 -0.108 115.734 -0.126
202112 -0.563 117.630 -0.646
202203 -0.385 121.301 -0.428
202206 -0.313 125.017 -0.338
202209 -0.220 125.227 -0.237
202212 -0.842 125.222 -0.907
202303 -0.467 127.348 -0.495
202306 1.806 128.729 1.893
202309 0.036 129.860 0.037
202312 -0.675 129.419 -0.704
202403 0.433 131.776 0.443
202406 -0.211 132.554 -0.215
202409 0.220 133.029 0.223
202412 -0.576 133.157 -0.584
202503 0.044 134.927 0.044

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.


Surmodics  (NAS:SRDX) 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.


Surmodics Cyclically Adjusted Price-to-FCF Related Terms

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


Surmodics Business Description

Traded in Other Exchanges
N/A
Address
9924 West 74th Street, Eden Prairie, MN, USA, 55344
Surmodics Inc is a provider of performance coating technologies for intravascular medical devices and chemical and biological components for in vitro diagnostic (IVD) immunoassay tests and microarrays. The company's reportable segments are; Medical Device and In Vitro Diagnostics. Maximum revenue for the company is derived from its Medical Device segment which is involved in the manufacturing and licensing of performance coatings, including surface modification coating technologies and drug-delivery coating technologies. This segment also manufactures vascular intervention medical devices, including drug-coated balloons, mechanical thrombectomy devices, and radial access balloon catheters and guide sheaths. Geographically, the company derives key revenue from its domestic market.
Executives
Timothy J. Arens officer: General Manager - IVD 9924 WEST 74TH STREET, EDEN PRAIRIE X1 55344
Jose H Bedoya director
David Dantzker other: See Explanation of Responses 80 CUTTERMILL ROAD STE 311, GREAT NECK NY 11021
Kalich Ronald B Sr director
Gary R Maharaj director, officer: President & CEO 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Joseph J. Stich officer: VP, Corp Dev & Strat Planning 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Charles W Olson officer: General Manager
John D. Manders officer: Corporate Controller 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Gordon S. Weber officer: Sr. VP of Legal, GC and Sec. 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Nusrath Sultana officer: VP, Clinical Affairs 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Lisa Wipperman Heine director 1244 76TH STREET WEST, INVER GROVE HEIGHTS MN 55077
Teri Woodwick Sides officer: Senior VP and CMO 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Gregg S Sutton officer: VP of Research and Development 6464 SYCAMORE COURT NORTH, MINNEAPOLIS MN 55369
Susan E Knight director 9154 BRECKENRIDGE LANE, EDEN PRAIRIE MN 55437
Bryan K Phillips officer: Dep. Gen. Counsel & Corp. Sec. 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344