GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Alk-Abello A/S (STU:4AJ0) » Definitions » Cyclically Adjusted Price-to-FCF

Alk-Abello A/S (STU:4AJ0) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Alk-Abello A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alk-Abello A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alk-Abello A/S'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.

Alk-Abello A/S Cyclically Adjusted Price-to-FCF Chart

Alk-Abello A/S 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 - - - - -

Alk-Abello A/S 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 - - - - 639,719.39

Competitive Comparison of Alk-Abello A/S's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Alk-Abello A/S'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.


Alk-Abello A/S's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alk-Abello A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alk-Abello A/S's Cyclically Adjusted Price-to-FCF falls into.



Alk-Abello A/S 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.

Alk-Abello A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alk-Abello A/S'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)
=0.142/118.4000*118.4000
=0.142

Current CPI (Mar. 2024) = 118.4000.

Alk-Abello A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.028 99.700 0.033
201409 -0.037 99.700 -0.044
201412 0.051 99.400 0.061
201503 -0.002 100.200 -0.002
201506 -0.053 100.300 -0.063
201509 -0.030 100.200 -0.035
201512 0.079 99.800 0.094
201603 0.089 100.200 0.105
201606 0.041 100.600 0.048
201609 -0.014 100.200 -0.017
201612 0.001 100.300 0.001
201703 -0.077 101.200 -0.090
201706 -0.223 101.200 -0.261
201709 -0.105 101.800 -0.122
201712 -0.038 101.300 -0.044
201803 -0.042 101.700 -0.049
201806 -0.080 102.300 -0.093
201809 -0.072 102.400 -0.083
201812 0.037 102.100 0.043
201903 0.000 102.900 0.000
201906 -0.081 102.900 -0.093
201909 -0.020 102.900 -0.023
201912 0.077 102.900 0.089
202003 0.013 103.300 0.015
202006 0.019 103.200 0.022
202009 -0.057 103.500 -0.065
202012 0.074 103.400 0.085
202103 0.055 104.300 0.062
202106 0.027 105.000 0.030
202109 0.013 105.800 0.015
202112 0.032 106.600 0.036
202203 0.021 109.900 0.023
202206 0.034 113.600 0.035
202209 0.004 116.400 0.004
202212 -0.018 115.900 -0.018
202303 0.036 117.300 0.036
202306 -0.069 116.400 -0.070
202309 0.057 117.400 0.057
202312 0.135 116.700 0.137
202403 0.142 118.400 0.142

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.


Alk-Abello A/S  (STU:4AJ0) 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.


Alk-Abello A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Alk-Abello A/S (STU:4AJ0) Business Description

Industry
Address
Boge Alle 6-8, Horsholm, DNK, DK-2970
Alk-Abello A/S is a biotechnology company that focuses on pharmaceutical prevention, diagnosis, and treatment of allergies. The company is focused on respiratory diseases, including allergic rhinitis and allergic asthma. Moreover, the firm specializes in venom immunotherapy for patients suffering from bee and wasp allergies. The company's treatments induce a protective immune response that provides sustained symptom relief. Its primary focus is on allergy patients whose disease is not well controlled, despite the use of symptom-relieving medication.

Alk-Abello A/S (STU:4AJ0) Headlines

No Headlines