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Syneos Health (Syneos Health) Cyclically Adjusted Price-to-FCF : 14.57 (As of May. 05, 2024)


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What is Syneos Health Cyclically Adjusted Price-to-FCF?

As of today (2024-05-05), Syneos Health's current share price is $42.98. Syneos Health's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $2.95. Syneos Health's Cyclically Adjusted Price-to-FCF for today is 14.57.

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

SYNH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.24   Med: 13.97   Max: 18.83
Current: 15.47

During the past years, Syneos Health's highest Cyclically Adjusted Price-to-FCF was 18.83. The lowest was 11.24. And the median was 13.97.

SYNH's Cyclically Adjusted Price-to-FCF is not ranked
in the Medical Diagnostics & Research industry.
Industry Median: 33.75 vs SYNH: 15.47

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.

Syneos Health's adjusted free cash flow per share data for the three months ended in Jun. 2023 was $-0.495. 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 $2.95 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Syneos Health Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Syneos Health'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.

Syneos Health Cyclically Adjusted Price-to-FCF Chart

Syneos Health Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 12.63

Syneos Health Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - 18.24 12.63 12.32 14.93

Competitive Comparison of Syneos Health's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, Syneos Health'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.


Syneos Health's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Syneos Health's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Syneos Health 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.98/2.95
=14.57

* 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.

Syneos Health's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Syneos Health's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.495/128.7287*128.7287
=-0.495

Current CPI (Jun. 2023) = 128.7287.

Syneos Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.512 99.695 0.661
201406 0.783 100.560 1.002
201409 0.612 100.428 0.784
201412 0.110 99.070 0.143
201503 0.614 99.621 0.793
201506 0.808 100.684 1.033
201509 0.714 100.392 0.916
201512 0.931 99.792 1.201
201603 -0.097 100.470 -0.124
201606 0.683 101.688 0.865
201609 0.817 101.861 1.032
201612 -0.003 101.863 -0.004
201703 1.182 102.862 1.479
201706 0.313 103.349 0.390
201709 -0.010 104.136 -0.012
201712 0.697 104.011 0.863
201803 -0.654 105.290 -0.800
201806 0.970 106.317 1.174
201809 1.121 106.507 1.355
201812 0.930 105.998 1.129
201903 -0.239 107.251 -0.287
201906 0.765 108.070 0.911
201909 0.494 108.329 0.587
201912 1.397 108.420 1.659
202003 -0.478 108.902 -0.565
202006 1.669 108.767 1.975
202009 1.398 109.815 1.639
202012 0.975 109.897 1.142
202103 1.099 111.754 1.266
202106 0.738 114.631 0.829
202109 0.391 115.734 0.435
202112 1.515 117.630 1.658
202203 0.454 121.301 0.482
202206 0.732 125.017 0.754
202209 1.070 125.227 1.100
202212 0.971 125.222 0.998
202303 0.028 127.348 0.028
202306 -0.495 128.729 -0.495

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.


Syneos Health  (NAS:SYNH) 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.


Syneos Health Cyclically Adjusted Price-to-FCF Related Terms

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


Syneos Health (Syneos Health) Business Description

Traded in Other Exchanges
N/A
Address
1030 Sync Street, Morrisville, NC, USA, 27560-5468
Syneos is a global contract research and outsourced commercialization organization that provides services to pharmaceutical and biotechnology firms. Its clinical solutions segment offers early- to late-stage clinical trial support that ranges from specialized staffing models to strategic partnerships that oversee nearly all aspects of a drug program, while the company's commercialization solutions includes outsourced sales, consulting, public relations, and advertising services.
Executives
Michael J. Bonello officer: Chief Financial Officer 4130 PARKLAKE AVENUE, SUITE 400, RALEIGH NY 27612
Stanford Rudnick officer: See remarks C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560-5468
Christian Tucat officer: Chief Business Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560-5468
Michael Lee Brooks officer: See remarks C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Jonathan Olefson officer: General Counsel & Corp Secty C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Michelle Keefe officer: Pres., Commercial Solutions C/O SYNEOS HEALTH,INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Jason M. Meggs officer: Chief Financial Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Donna Hildebrand Kralowetz officer: SVP, Chief Accounting Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Matthew E. Monaghan director ONE INVACARE WAY, ELYRIA OH 44035
Alfonso G Zulueta director 4925 INDIANA AVE, LISLE IL 60532
Barbara W. Bodem director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Linda S Harty director MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
Alistair Macdonald officer: Chief Operating Officer C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
David S. Wilkes director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199

Syneos Health (Syneos Health) Headlines

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