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Madrigal Pharmaceuticals (Madrigal Pharmaceuticals) Cyclically Adjusted Price-to-FCF : 17.32 (As of Apr. 27, 2024)


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What is Madrigal Pharmaceuticals Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Madrigal Pharmaceuticals's current share price is $193.33. Madrigal Pharmaceuticals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $11.16. Madrigal Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is 17.32.

The historical rank and industry rank for Madrigal Pharmaceuticals's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MDGL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 25.37
Current: 17.33

During the past years, Madrigal Pharmaceuticals's highest Cyclically Adjusted Price-to-FCF was 25.37. The lowest was 0.00. And the median was 0.00.

MDGL's Cyclically Adjusted Price-to-FCF is ranked better than
88.12% of 101 companies
in the Biotechnology industry
Industry Median: 54.65 vs MDGL: 17.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Madrigal Pharmaceuticals's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-4.095. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $11.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madrigal Pharmaceuticals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Madrigal Pharmaceuticals'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.

Madrigal Pharmaceuticals Cyclically Adjusted Price-to-FCF Chart

Madrigal Pharmaceuticals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 96.35 18.69 37.80 20.74

Madrigal Pharmaceuticals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.80 27.45 23.44 13.79 20.74

Competitive Comparison of Madrigal Pharmaceuticals's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Madrigal Pharmaceuticals'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.


Madrigal Pharmaceuticals's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Madrigal Pharmaceuticals 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.

Madrigal Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=193.33/11.16
=17.32

* 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.

Madrigal Pharmaceuticals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-4.095/129.4194*129.4194
=-4.095

Current CPI (Dec. 2023) = 129.4194.

Madrigal Pharmaceuticals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -8.313 99.695 -10.792
201406 -7.778 100.560 -10.010
201409 -6.156 100.428 -7.933
201412 -6.219 99.070 -8.124
201503 -6.064 99.621 -7.878
201506 -4.690 100.684 -6.029
201509 200.343 100.392 258.272
201512 -6.335 99.792 -8.216
201603 -2.489 100.470 -3.206
201606 -15.040 101.688 -19.142
201609 -1.045 101.861 -1.328
201612 -0.442 101.863 -0.562
201703 -0.316 102.862 -0.398
201706 -0.646 103.349 -0.809
201709 -0.400 104.136 -0.497
201712 -0.472 104.011 -0.587
201803 -0.612 105.290 -0.752
201806 -0.373 106.317 -0.454
201809 -0.343 106.507 -0.417
201812 -0.409 105.998 -0.499
201903 -0.424 107.251 -0.512
201906 -0.751 108.070 -0.899
201909 -0.734 108.329 -0.877
201912 -0.805 108.420 -0.961
202003 -1.998 108.902 -2.374
202006 -1.572 108.767 -1.870
202009 -3.098 109.815 -3.651
202012 -3.551 109.897 -4.182
202103 -2.745 111.754 -3.179
202106 -2.829 114.631 -3.194
202109 -2.741 115.734 -3.065
202112 -2.820 117.630 -3.103
202203 -2.921 121.301 -3.116
202206 -3.360 125.017 -3.478
202209 -3.456 125.227 -3.572
202212 -3.396 125.222 -3.510
202303 -4.624 127.348 -4.699
202306 -4.117 128.729 -4.139
202309 -4.615 129.860 -4.599
202312 -4.095 129.419 -4.095

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.


Madrigal Pharmaceuticals  (NAS:MDGL) 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.


Madrigal Pharmaceuticals Cyclically Adjusted Price-to-FCF Related Terms

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Madrigal Pharmaceuticals (Madrigal Pharmaceuticals) Business Description

Traded in Other Exchanges
Address
200 Barr Harbor Drive, Suite 200, Four Tower Bridge, West Conshohocken, PA, USA, 19428
Madrigal Pharmaceuticals Inc is a clinical-stage biopharmaceutical company. It focuses on the development and commercialization of therapeutic candidates for the treatment of cardiovascular-metabolic diseases and non-alcoholic steatohepatitis (NASH). The product portfolio of the company includes MGL-3196, an orally administered, small-molecule liver-directed B-selective THR agonist, which is used for the treatment of non-alcoholic steatohepatitis and familial hypercholesterolemia. Also, MGL-3196 reduces triglycerides in the plasma and liver by increasing fat metabolism and shows an anti-diabetic action.
Executives
Robert E. Waltermire officer: Senior VP, Chief Pharma Dev. FOUR TOWER BRIDGE, 200 BARR HARBOR DRIVE, SUITE 200, WEST CONSHOHOCKEN PA 19428
Baker Bros. Advisors Lp director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
Brian Joseph Lynch officer: SVP and General Counsel 480 MORRIS ROAD, BLUE BELL PA 19422
William John Sibold director, officer: President and CEO C/O MADRIGAL PHARMACEUTICALS, INC., FOUR, TOWER BRIDGE, 200 BARR HARBOR DR STE 200, WEST CONSHOHOCKEN PA 19428
Felix Baker director BAKER BROS. ADVISORS LP, 860 WASHINGTON STREET 3RD FLOOR, NEW YORK NY 10014
Raymond Cheong director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
Baker Bros. Advisors (gp) Llc director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
Julian Baker director BAKER BROS. ADVISORS LP, 860 WASHINGTON STREET 3RD FLOOR, NEW YORK NY 10014
Baker Brothers Life Sciences Lp director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
L.p. 667, director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
Richard S Levy director 860 WASHINGTON STREET, 3RD FLOOR, NEW YORK NY 10014
Remy Sukhija officer: SVP and Chief Comm'l Officer 48 PHEASANT HILL ROAD, PRINCETON NJ 08540
Alex G. Howarth officer: Chief Financial Officer C/O AKCEA THERAPEUTICS, INC., 22 BOSTON WHARF ROAD, 9TH FLOOR, BOSTON MA 02210
Bay City Capital Llc 10 percent owner 750 BATTERY STREET STE 400, SAN FRANCISCO CA 94111
Fred B Craves director, 10 percent owner 750 BATTERY ST, STE 600, SAN FRANCISCO CA 94111