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Valneva SE (Valneva SE) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Valneva SE Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Valneva SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Valneva SE'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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Valneva SE Cyclically Adjusted Price-to-FCF Chart

Valneva SE 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 - 341.62 2,428.61 - -

Valneva SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Valneva SE's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Valneva SE'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.


Valneva SE's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Valneva SE 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.

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

For example, Valneva SE'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)
=-0.499/119.4700*119.4700
=-0.499

Current CPI (Mar. 2024) = 119.4700.

Valneva SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.052 100.180 0.062
201409 0.006 99.920 0.007
201412 -0.366 99.860 -0.438
201503 -0.330 100.170 -0.394
201506 -0.051 100.440 -0.061
201509 -0.166 99.950 -0.198
201512 -0.137 100.040 -0.164
201603 -0.219 100.020 -0.262
201606 0.298 100.630 0.354
201609 0.097 100.340 0.115
201612 -0.097 100.650 -0.115
201703 0.284 101.170 0.335
201706 0.074 101.320 0.087
201709 0.034 101.330 0.040
201712 -0.201 101.850 -0.236
201803 0.135 102.750 0.157
201806 0.247 103.370 0.285
201809 -0.082 103.560 -0.095
201812 0.086 103.470 0.099
201903 0.103 103.890 0.118
201906 0.177 104.580 0.202
201909 -0.330 104.500 -0.377
201912 -0.040 104.980 -0.046
202003 0.057 104.590 0.065
202006 2.699 104.790 3.077
202009 -1.122 104.550 -1.282
202012 1.291 104.960 1.469
202103 0.791 105.750 0.894
202106 0.337 106.340 0.379
202109 -1.759 106.810 -1.967
202112 0.402 107.850 0.445
202203 -0.737 110.490 -0.797
202206 -1.557 112.550 -1.653
202209 -1.790 112.740 -1.897
202212 -0.955 114.160 -0.999
202303 -0.433 116.790 -0.443
202306 -0.683 117.650 -0.694
202309 -1.146 118.260 -1.158
202312 -1.128 118.390 -1.138
202403 -0.499 119.470 -0.499

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.


Valneva SE  (NAS:VALN) 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.


Valneva SE Cyclically Adjusted Price-to-FCF Related Terms

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Valneva SE (Valneva SE) Business Description

Industry
Traded in Other Exchanges
Address
6 Rue Alain Bombard, Saint-Herblain, FRA, 44800
Valneva SE is a vaccine company focused on developing life-saving vaccines. Its portfolio includes two vaccines for travelers. The segments of the group are Commercialized vaccines which relate to marketed vaccines, the group's vaccines IXIARO/JESPECT, DUKORAL, & third-party products; Covid includes development, manufacturing, & distribution related to the COVID-19 vaccine, Vaccine candidates which relate to research and development programs to generate new approvable products to generate future cash flows from product sales through partnering with pharmaceutical companies; & Technologies and services which relate to services and inventions at a commercialization stage. The majority is from the Commercialized vaccines segment & geographically from the United States.