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Evome Medical Technologies (TSXV:EVMT) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Evome Medical Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Evome Medical Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Evome Medical Technologies'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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Evome Medical Technologies Cyclically Adjusted Price-to-FCF Chart

Evome Medical Technologies Annual Data
Trend Dec14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Dec23
Cyclically Adjusted Price-to-FCF
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Evome Medical Technologies Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Evome Medical Technologies's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Evome Medical Technologies'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.


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

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

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



Evome Medical Technologies 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.

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

For example, Evome Medical Technologies'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)
=-0.008/131.7762*131.7762
=-0.008

Current CPI (Mar. 2024) = 131.7762.

Evome Medical Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.199 99.695 0.263
201406 -0.076 100.560 -0.100
201409 -0.110 100.428 -0.144
201412 -0.003 99.070 -0.004
201503 -0.037 99.621 -0.049
201508 -1.731 100.548 -2.269
201511 0.820 100.135 1.079
201602 -0.080 100.040 -0.105
201605 0.085 101.355 0.111
201608 -0.136 101.617 -0.176
201611 -0.016 101.829 -0.021
201702 0.146 102.779 0.187
201705 0.106 103.256 0.135
201708 0.003 103.587 0.004
201711 -0.080 104.072 -0.101
201802 0.060 105.052 0.075
201805 0.029 106.148 0.036
201808 0.048 106.383 0.059
201811 0.011 106.338 0.014
201902 0.032 106.649 0.040
201905 0.014 108.048 0.017
201908 -0.002 108.245 -0.002
201911 -0.007 108.519 -0.009
202002 -0.014 109.139 -0.017
202005 -0.006 108.175 -0.007
202008 -0.003 109.662 -0.004
202011 -0.004 109.793 -0.005
202102 -0.098 110.968 -0.116
202105 -0.018 113.576 -0.021
202108 -0.006 115.421 -0.007
202111 -0.010 117.269 -0.011
202202 -0.048 119.703 -0.053
202205 -0.010 123.323 -0.011
202208 -0.018 124.958 -0.019
202211 0.015 125.607 0.016
202303 -0.015 127.348 -0.016
202306 -0.015 128.729 -0.015
202309 -0.002 129.860 -0.002
202312 0.014 129.419 0.014
202403 -0.008 131.776 -0.008

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.


Evome Medical Technologies  (TSXV:EVMT) 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.


Evome Medical Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Evome Medical Technologies (TSXV:EVMT) Business Description

Traded in Other Exchanges
Address
6160 Innovation Way, Carlsbad, CA, USA, 92009
Evome Medical Technologies Inc is a medical device company. It is focused on human performance and rehabilitative solutions.

Evome Medical Technologies (TSXV:EVMT) Headlines