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Novelion Therapeutics (TSX:NVLN) Cyclically Adjusted Price-to-FCF : (As of May. 10, 2024)


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What is Novelion Therapeutics 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


Novelion Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Novelion Therapeutics'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.

Novelion Therapeutics Cyclically Adjusted Price-to-FCF Chart

Novelion Therapeutics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Novelion Therapeutics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Novelion Therapeutics's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Novelion Therapeutics'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.


Novelion Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Novelion Therapeutics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Novelion Therapeutics 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.

Novelion Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Novelion Therapeutics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=0.578/106.9792*106.9792
=0.578

Current CPI (Mar. 2019) = 106.9792.

Novelion Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 0.310 90.940 0.365
200909 5.571 90.624 6.576
200912 -2.078 90.703 -2.451
201003 -0.460 91.335 -0.539
201006 -0.230 91.809 -0.268
201009 1.217 92.362 1.410
201012 -0.205 92.836 -0.236
201103 -0.995 94.338 -1.128
201106 -0.492 94.654 -0.556
201109 -0.100 95.286 -0.112
201112 -0.356 94.970 -0.401
201203 -1.241 96.155 -1.381
201206 -1.191 96.076 -1.326
201209 -1.034 96.392 -1.148
201212 -0.781 95.760 -0.873
201303 -0.940 97.103 -1.036
201306 -0.649 97.182 -0.714
201309 -0.509 97.419 -0.559
201312 -0.531 96.945 -0.586
201403 -0.549 98.604 -0.596
201406 -0.687 99.473 -0.739
201409 -0.652 99.394 -0.702
201412 2.031 98.367 2.209
201503 -0.587 99.789 -0.629
201506 -0.620 100.500 -0.660
201509 -0.524 100.421 -0.558
201512 -0.678 99.947 -0.726
201603 -1.124 101.054 -1.190
201606 -0.600 102.002 -0.629
201609 -0.869 101.765 -0.914
201612 -1.350 101.449 -1.424
201703 -1.813 102.634 -1.890
201706 -0.154 103.029 -0.160
201709 -0.828 103.345 -0.857
201712 -1.083 103.345 -1.121
201803 -1.586 105.004 -1.616
201806 -0.814 105.557 -0.825
201809 -0.837 105.636 -0.848
201812 -0.657 105.399 -0.667
201903 0.578 106.979 0.578

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.


Novelion Therapeutics  (TSX:NVLN) 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.


Novelion Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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Novelion Therapeutics (TSX:NVLN) Business Description

Traded in Other Exchanges
N/A
Address
c/o Norton Rose Fulbright, 1800 West Georgia Street, Suite 510, Vancouver, BC, CAN, V6B 0M3
Headquartered in Vancouver, Canada, QLT is a biotechnology company that researches and develops products used to treat conditions of the eye. After a recent board change, QLT divested its only marketed product, a laser treatment called Visudyne for the treatment of wet age-related macular degeneration and subfoveal choroidal neovascularization. QLT also earns royalty payments on other certain previously divested products. Following recent pipeline changes, the company currently has one product in development for two rare eye conditions.

Novelion Therapeutics (TSX:NVLN) Headlines

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