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Alimera Sciences (STU:ASZ1) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Alimera Sciences Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alimera Sciences Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alimera Sciences'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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Alimera Sciences Cyclically Adjusted Price-to-FCF Chart

Alimera Sciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Alimera Sciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Alimera Sciences's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Alimera Sciences'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.


Alimera Sciences's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alimera Sciences's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alimera Sciences 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.

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

For example, Alimera Sciences'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)
=-0.01/131.7762*131.7762
=-0.010

Current CPI (Mar. 2024) = 131.7762.

Alimera Sciences Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.084 100.560 -1.421
201409 -1.391 100.428 -1.825
201412 -9.556 99.070 -12.711
201503 -4.644 99.621 -6.143
201506 -3.952 100.684 -5.172
201509 -2.662 100.392 -3.494
201512 -2.769 99.792 -3.656
201603 -2.038 100.470 -2.673
201606 -2.221 101.688 -2.878
201609 -2.026 101.861 -2.621
201612 -0.540 101.863 -0.699
201703 -0.914 102.862 -1.171
201706 -0.598 103.349 -0.762
201709 -0.780 104.136 -0.987
201712 -0.313 104.011 -0.397
201803 -0.895 105.290 -1.120
201806 -0.621 106.317 -0.770
201809 -0.704 106.507 -0.871
201812 0.124 105.998 0.154
201903 0.050 107.251 0.061
201906 -0.184 108.070 -0.224
201909 -0.769 108.329 -0.935
201912 0.073 108.420 0.089
202003 0.095 108.902 0.115
202006 -0.092 108.767 -0.111
202009 -0.413 109.815 -0.496
202012 -0.053 109.897 -0.064
202103 -0.377 111.754 -0.445
202106 0.742 114.631 0.853
202109 -0.373 115.734 -0.425
202112 -0.613 117.630 -0.687
202203 -0.826 121.301 -0.897
202206 -0.201 125.017 -0.212
202209 -0.295 125.227 -0.310
202212 -0.045 125.222 -0.047
202303 -0.295 127.348 -0.305
202306 -9.286 128.729 -9.506
202309 -0.287 129.860 -0.291
202312 0.065 129.419 0.066
202403 -0.010 131.776 -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.


Alimera Sciences  (STU:ASZ1) 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.


Alimera Sciences Cyclically Adjusted Price-to-FCF Related Terms

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Alimera Sciences (STU:ASZ1) Business Description

Traded in Other Exchanges
Address
6310 Town Square, Suite 400, Alpharetta, GA, USA, 30005
Alimera Sciences Inc is a commercial-stage pharmaceutical company developing and commercializing ILUVIEN for the treatment of diabetic macular edema (DME), a leading cause of blindness, and outside the U.S. for non-infectious uveitis affecting the posterior segment of the eye (NIU-PS). ILUVIEN is a sustained-release intravitreal implant that enables patients to maintain vision longer, and importantly, with fewer injections. The company commercializes ILUVIEN in the U.S., Europe, China and the Middle East.

Alimera Sciences (STU:ASZ1) Headlines

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