GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Capital DGMC Inc (TSXV:FGF.H) » Definitions » Cyclically Adjusted Price-to-FCF

Capital DGMC (TSXV:FGF.H) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Capital DGMC Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capital DGMC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capital DGMC'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.

Capital DGMC Cyclically Adjusted Price-to-FCF Chart

Capital DGMC Annual Data
Trend Dec05 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Capital DGMC Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - - -

Competitive Comparison of Capital DGMC's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Capital DGMC'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.


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

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

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



Capital DGMC 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.

Capital DGMC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Capital DGMC's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec16 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=-0.014/101.4485*101.4485
=-0.014

Current CPI (Dec16) = 101.4485.

Capital DGMC Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 -0.059 85.015 -0.070
200812 -0.003 89.518 -0.003
200912 0.002 90.703 0.002
201012 -0.030 92.836 -0.033
201112 -0.012 94.970 -0.013
201212 -0.059 95.760 -0.063
201312 -0.048 96.945 -0.050
201412 -0.038 98.367 -0.039
201512 -0.025 99.947 -0.025
201612 -0.014 101.449 -0.014

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.


Capital DGMC  (TSXV:FGF.H) 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.


Capital DGMC Cyclically Adjusted Price-to-FCF Related Terms

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


Capital DGMC (TSXV:FGF.H) Business Description

Traded in Other Exchanges
N/A
Address
c/o M. Daniel Dumont, 1155, boul. Rene-Levesque O., Bureau 2660, Montreal, QC, CAN, H3B 4S5
Capital DGMC Inc offers orthopedic devices, such as custom foot orthotics, knee orthoses, and orthopedic shoes in Canada.

Capital DGMC (TSXV:FGF.H) Headlines

No Headlines