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Incannex Healthcare (STU:IQI) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Incannex Healthcare Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Incannex Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Incannex Healthcare'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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Incannex Healthcare Cyclically Adjusted Price-to-FCF Chart

Incannex Healthcare Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Incannex Healthcare 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 Incannex Healthcare's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Incannex Healthcare'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.


Incannex Healthcare's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

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

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



Incannex Healthcare 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.

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

For example, Incannex Healthcare'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)
=-0.003/127.6062*127.6062
=-0.003

Current CPI (Mar. 2024) = 127.6062.

Incannex Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 98.352 -0.012
201409 -0.007 98.816 -0.009
201412 -0.003 99.002 -0.004
201503 -0.006 99.187 -0.008
201506 -0.002 99.838 -0.003
201509 -0.001 100.302 -0.001
201512 -0.002 100.673 -0.003
201603 -0.001 100.488 -0.001
201606 -0.001 100.859 -0.001
201609 -0.001 101.602 -0.001
201612 -0.008 102.159 -0.010
201703 -0.002 102.624 -0.002
201706 -0.004 102.809 -0.005
201709 -0.002 103.460 -0.002
201712 -0.002 104.110 -0.002
201803 -0.001 104.574 -0.001
201806 -0.002 104.945 -0.002
201809 -0.001 105.410 -0.001
201812 -0.001 105.967 -0.001
201903 0.000 105.967 0.000
201906 -0.001 106.617 -0.001
201909 -0.001 107.174 -0.001
201912 -0.001 107.917 -0.001
202003 -0.001 108.289 -0.001
202006 -0.001 106.246 -0.001
202009 -0.001 107.917 -0.001
202012 -0.001 108.846 -0.001
202103 -0.001 109.496 -0.001
202106 -0.001 110.332 -0.001
202109 -0.001 111.168 -0.001
202112 -0.002 112.654 -0.002
202203 -0.002 115.069 -0.002
202206 0.000 117.112 0.000
202209 0.000 119.248 0.000
202212 -0.006 121.477 -0.006
202303 -0.002 123.148 -0.002
202306 -0.002 124.170 -0.002
202309 -0.003 125.656 -0.003
202312 0.000 126.399 0.000
202403 -0.003 127.606 -0.003

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.


Incannex Healthcare  (STU:IQI) 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.


Incannex Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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Incannex Healthcare (STU:IQI) Business Description

Traded in Other Exchanges
Address
8 Century Circuit Norwest, Suite 105, Sydney, NSW, AUS, 3000
Incannex Healthcare Inc is a clinical stage pharmaceutical company developing medical cannabis products for the treatment of Obstructive Sleep Apnea (OSA), Traumatic Brain Injury (TBI)/Concussion, Rheumatoid Arthritis, Inflammatory Bowel Disease, and Inflammatory Lung Conditions. The company has an Australian license to import, export, and distribute medicinal cannabis products and has launched a line of cannabinoid products.