DocMorris AG (XSWX:DOCM) Cyclically Adjusted Price-to-FCF: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:DOCM DocMorris AG XSWX:DOCM
59 GF Score
Price CHF10.00
GF Value CHF6.96
Valuation Significantly Overvalued
! 7 Warning Signs
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What is DocMorris AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


DocMorris AG  (XSWX:DOCM) 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.


DocMorris AG Cyclically Adjusted Price-to-FCF Related Terms


DocMorris AG Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for DocMorris AG'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.

DocMorris AG Cyclically Adjusted Price-to-FCF Chart

DocMorris AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

DocMorris AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 0.00 0.00 0.00 0.00

DocMorris AG Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Pharmaceutical Retailers subindustry, DocMorris AG'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.


DocMorris AG Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocMorris AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


XSWX:DOCM
59GF Score
DocMorris AG XSWX:DOCM
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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DocMorris AG 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.

DocMorris AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec25 is calculated as:

For example, DocMorris AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-2.993/107.2000*107.2000
=-2.993

Current CPI (Dec25) = 107.2000.

DocMorris AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 -3.665 99.380 -3.953
201712 -4.140 100.213 -4.429
201812 -5.021 100.906 -5.334
201912 -7.052 101.063 -7.480
202012 -6.908 100.241 -7.388
202112 -9.910 101.776 -10.438
202212 -6.574 104.666 -6.733
202312 -5.009 106.461 -5.044
202412 -2.315 107.128 -2.317
202512 -2.993 107.200 -2.993

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.

Is DocMorris AG (XSWX:DOCM) Overvalued in 2026?

Based on GuruFocus' analysis, DocMorris AG stock appears to be overvalued. The current stock price of CHF10.00 is trading 43.7% above its estimated GF Value™ of CHF6.96. GuruFocus considers DocMorris AG to be Significantly Overvalued.

Key valuation signals for XSWX:DOCM:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: CHF6.96 vs. price of CHF10.00 (43.7% above fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the XSWX:DOCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DocMorris AG Business Description

Other Exchanges DOCMz:UK0RRB:UKZRE:Germany
Address Walzmuhlestrasse 49, Frauenfeld, CHE, 8500
DocMorris AG is engaged in the fields of online pharmacy, marketplace, and professional healthcare with brands in Germany and other European countries. Its brands are DocMorris, PromoFarma by DocMorris, and TeleClinic. The Group's reportable segments are Germany and Europe. The Germany segment comprises the mail-order business in drugs and health products, as well as services for mail-order pharmacies. The Europe segment comprises the marketplace business of PromoFarma and Doctipharma. The majority of revenue is generated from Germany segment.
59GF Score

Get the complete analysis for XSWX:DOCM

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF10.00
Price
CHF6.96
GF Value