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Opsens (TSX:OPS) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Opsens Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Opsens Cyclically Adjusted Price-to-FCF Historical Data

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

Opsens Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
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Opsens Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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Competitive Comparison of Opsens's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Opsens'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.


Opsens's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Opsens's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Opsens 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.

Opsens's Cyclically Adjusted FCF per Share for the quarter that ended in Aug. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=-0.019/125.3885*125.3885
=-0.019

Current CPI (Aug. 2023) = 125.3885.

Opsens Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201311 -0.024 97.182 -0.031
201402 -0.013 98.051 -0.017
201405 0.008 99.394 0.010
201408 0.005 99.315 0.006
201411 0.005 99.078 0.006
201502 -0.028 99.078 -0.035
201505 -0.010 100.263 -0.013
201508 -0.031 100.579 -0.039
201511 -0.040 100.421 -0.050
201602 -0.061 100.421 -0.076
201605 -0.034 101.765 -0.042
201608 -0.050 101.686 -0.062
201611 -0.023 101.607 -0.028
201702 -0.024 102.476 -0.029
201705 -0.038 103.108 -0.046
201708 -0.030 103.108 -0.036
201711 0.008 103.740 0.010
201802 -0.018 104.688 -0.022
201805 -0.004 105.399 -0.005
201808 -0.007 106.031 -0.008
201811 0.009 105.478 0.011
201902 -0.013 106.268 -0.015
201905 0.000 107.927 0.000
201908 -0.024 108.085 -0.028
201911 -0.011 107.769 -0.013
202002 -0.028 108.559 -0.032
202005 -0.007 107.532 -0.008
202008 0.014 108.243 0.016
202011 0.012 108.796 0.014
202102 0.001 109.745 0.001
202105 0.005 111.404 0.006
202108 0.002 112.668 0.002
202111 -0.014 113.932 -0.015
202202 -0.011 115.986 -0.012
202205 -0.027 120.016 -0.028
202208 -0.040 120.569 -0.042
202211 -0.057 121.675 -0.059
202302 -0.052 122.070 -0.053
202305 -0.023 124.045 -0.023
202308 -0.019 125.389 -0.019

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.


Opsens  (TSX:OPS) 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.


Opsens Cyclically Adjusted Price-to-FCF Related Terms

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Opsens (TSX:OPS) Business Description

Traded in Other Exchanges
N/A
Address
750, Boulevard du Parc-Technologique, Quebec, QC, CAN, G1P 4S3
OpSens Inc. is engaged in physiological measurements such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and in transcatheter aortic valve replacement (TAVR) in the structural heart market. It operates in two segments that are Medical and Industrial. In Medical segment it supplies an optical-based pressure guidewire (OptoWire), a guidewire used in the TAVR procedure (SavvyWire) and a wide range of miniature optical sensors to measure pressure and temperature to be used in a wide range of applications that can be integrated into other medical devices. Industrial segment includes developing, manufacturing and installing fibre optic sensing solutions for industrial applications. Majority of its revenue is derived from Medical segment.
Executives
Alan Milinazzo Director
Robin Villeneuve Senior Officer
Fiera Capital Corporation (formerly Fiera Sceptre Inc.) 10% Security Holder

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