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Utah Medical Products (Utah Medical Products) Cyclically Adjusted Price-to-FCF : 14.12 (As of Apr. 27, 2024)


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What is Utah Medical Products Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Utah Medical Products's current share price is $65.92. Utah Medical Products's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.67. Utah Medical Products's Cyclically Adjusted Price-to-FCF for today is 14.12.

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

UTMD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.19   Med: 22.38   Max: 35.51
Current: 14.2

During the past years, Utah Medical Products's highest Cyclically Adjusted Price-to-FCF was 35.51. The lowest was 14.19. And the median was 22.38.

UTMD's Cyclically Adjusted Price-to-FCF is ranked better than
85.59% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.75 vs UTMD: 14.20

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.

Utah Medical Products's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.442. 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 $4.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Utah Medical Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Utah Medical Products'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.

Utah Medical Products Cyclically Adjusted Price-to-FCF Chart

Utah Medical Products 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 34.27 23.85 25.10 23.16 18.04

Utah Medical Products 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 23.16 21.01 20.22 18.50 18.04

Competitive Comparison of Utah Medical Products's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Utah Medical Products'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.


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

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

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



Utah Medical Products 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.

Utah Medical Products's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.92/4.67
=14.12

* 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.

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

For example, Utah Medical Products'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)
=1.442/129.4194*129.4194
=1.442

Current CPI (Dec. 2023) = 129.4194.

Utah Medical Products Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.334 99.695 0.434
201406 0.970 100.560 1.248
201409 1.323 100.428 1.705
201412 1.153 99.070 1.506
201503 0.575 99.621 0.747
201506 0.913 100.684 1.174
201509 1.081 100.392 1.394
201512 1.025 99.792 1.329
201603 1.088 100.470 1.401
201606 0.944 101.688 1.201
201609 0.855 101.861 1.086
201612 0.088 101.863 0.112
201703 1.138 102.862 1.432
201706 0.907 103.349 1.136
201709 1.209 104.136 1.503
201712 0.844 104.011 1.050
201803 0.959 105.290 1.179
201806 1.053 106.317 1.282
201809 1.212 106.507 1.473
201812 1.161 105.998 1.418
201903 -4.722 107.251 -5.698
201906 0.419 108.070 0.502
201909 1.672 108.329 1.998
201912 1.431 108.420 1.708
202003 1.402 108.902 1.666
202006 0.935 108.767 1.113
202009 1.345 109.815 1.585
202012 1.567 109.897 1.845
202103 1.511 111.754 1.750
202106 1.226 114.631 1.384
202109 1.617 115.734 1.808
202112 1.289 117.630 1.418
202203 1.312 121.301 1.400
202206 1.263 125.017 1.307
202209 1.450 125.227 1.499
202212 1.556 125.222 1.608
202303 1.890 127.348 1.921
202306 1.262 128.729 1.269
202309 1.356 129.860 1.351
202312 1.442 129.419 1.442

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.


Utah Medical Products  (NAS:UTMD) 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.


Utah Medical Products Cyclically Adjusted Price-to-FCF Related Terms

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


Utah Medical Products (Utah Medical Products) Business Description

Traded in Other Exchanges
Address
7043 South 300 West, Midvale, UT, USA, 84047
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
Executives
Paul O Richins director, officer: VP, Treasurer, Asst. Secretary 7043 SOUTH 300 WEST, MIDVALE UT 84047
Barbara A Payne director
Ernst G Hoyer director
Kevin L Cornwell director, officer: Chairman, CEO, Secretary
Brian Koopman officer: Principal Financial Officer 108 E 1700 S, BOUNTIFUL UT 84010
James H Beeson director 7043 SOUTH 300 WEST, MIDVALE UT 84047
Greg A Leclaire officer: Chief Financial Officer 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Stephen W Bennett director