GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Dentsply Sirona Inc (NAS:XRAY) » Definitions » Cyclically Adjusted Price-to-FCF

Dentsply Sirona (Dentsply Sirona) Cyclically Adjusted Price-to-FCF : 11.89 (As of Apr. 27, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Dentsply Sirona Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Dentsply Sirona's current share price is $30.57. Dentsply Sirona's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.57. Dentsply Sirona's Cyclically Adjusted Price-to-FCF for today is 11.89.

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

XRAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.95   Med: 22.51   Max: 28.5
Current: 11.83

During the past years, Dentsply Sirona's highest Cyclically Adjusted Price-to-FCF was 28.50. The lowest was 9.95. And the median was 22.51.

XRAY's Cyclically Adjusted Price-to-FCF is ranked better than
87.77% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.75 vs XRAY: 11.83

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.

Dentsply Sirona's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.572. 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 $2.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsply Sirona Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona Cyclically Adjusted Price-to-FCF Chart

Dentsply Sirona 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 23.46 21.54 21.76 11.99 13.87

Dentsply Sirona 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 11.99 14.76 15.05 12.95 13.87

Competitive Comparison of Dentsply Sirona's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


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

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

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



Dentsply Sirona 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.

Dentsply Sirona's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.57/2.57
=11.89

* 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.

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

For example, Dentsply Sirona'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)
=0.572/129.4194*129.4194
=0.572

Current CPI (Dec. 2023) = 129.4194.

Dentsply Sirona Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.263 99.695 0.341
201406 0.917 100.560 1.180
201409 0.854 100.428 1.101
201412 1.120 99.070 1.463
201503 0.345 99.621 0.448
201506 0.903 100.684 1.161
201509 0.994 100.392 1.281
201512 0.745 99.792 0.966
201603 -0.113 100.470 -0.146
201606 0.676 101.688 0.860
201609 0.510 101.861 0.648
201612 0.753 101.863 0.957
201703 0.199 102.862 0.250
201706 0.398 103.349 0.498
201709 0.556 104.136 0.691
201712 0.801 104.011 0.997
201803 0.070 105.290 0.086
201806 0.309 106.317 0.376
201809 0.340 106.507 0.413
201812 0.676 105.998 0.825
201903 -0.020 107.251 -0.024
201906 0.512 108.070 0.613
201909 0.603 108.329 0.720
201912 1.214 108.420 1.449
202003 -0.163 108.902 -0.194
202006 0.736 108.767 0.876
202009 0.912 109.815 1.075
202012 1.084 109.897 1.277
202103 0.086 111.754 0.100
202106 0.807 114.631 0.911
202109 0.621 115.734 0.694
202112 0.828 117.630 0.911
202203 0.225 121.301 0.240
202206 0.613 125.017 0.635
202209 0.358 125.227 0.370
202212 0.511 125.222 0.528
202303 -0.280 127.348 -0.285
202306 0.333 128.729 0.335
202309 0.458 129.860 0.456
202312 0.572 129.419 0.572

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.


Dentsply Sirona  (NAS:XRAY) 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.


Dentsply Sirona Cyclically Adjusted Price-to-FCF Related Terms

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


Dentsply Sirona (Dentsply Sirona) Business Description

Traded in Other Exchanges
Address
13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).
Executives
Gregory T Lucier director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Simon D Campion director, officer: President, CEO & Member of BOD DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Glenn Coleman officer: Executive VP & CFO C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning officer: SVP, CHRO C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jonathan Jay Mazelsky director ONE IDEXX DRIVE, WESTBROOK ME 04092
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Staehler Cord Friedrich officer: SVP, Chief Technology Officer C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Richard C Rosenzweig officer: SVP, Corp Dev, GC & Secretary C/O DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert Anthony Johnson officer: SVP, Chief Supply Chain Office C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Richard M Wagner officer: VP, Chief Accounting Officer 221 WEST PHILADELPHIA STREET, SUITE 60W, YORK PA 17401-2991
Barbara W. Bodem officer: Interim CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Willem T Appelo officer: SVP Chief Supply Chain Officer C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andreas G Frank officer: Executive VP, Product Group C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
John P Groetelaars director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Cheree H Johnson officer: SVP,Chief Legal Ofcr, GC &Sec C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277