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Titan Medical (TSX:TMD) Price-to-Free-Cash-Flow : 1.67 (As of May. 01, 2024)


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What is Titan Medical Price-to-Free-Cash-Flow?

As of today (2024-05-01), Titan Medical's share price is C$0.06. Titan Medical's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.04. Hence, Titan Medical's Price-to-Free-Cash-Flow Ratio for today is 1.67.

The historical rank and industry rank for Titan Medical's Price-to-Free-Cash-Flow or its related term are showing as below:

TSX:TMD' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.53   Med: 2.36   Max: 2.64
Current: 1.53

During the past 13 years, Titan Medical's highest Price-to-Free-Cash-Flow Ratio was 2.64. The lowest was 1.53. And the median was 2.36.

TSX:TMD's Price-to-Free-Cash-Flow is ranked better than
98.5% of 333 companies
in the Medical Devices & Instruments industry
Industry Median: 32.6 vs TSX:TMD: 1.53

Titan Medical's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$-0.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$0.04.

During the past 13 years, Titan Medical's highest 3-Year average Free Cash Flow per Share Growth Rate was 79.20% per year. The lowest was -109.70% per year. And the median was 14.50% per year.


Titan Medical Price-to-Free-Cash-Flow Historical Data

The historical data trend for Titan Medical's Price-to-Free-Cash-Flow 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.

Titan Medical Price-to-Free-Cash-Flow Chart

Titan Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.57

Titan Medical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 - - - - 1.57

Competitive Comparison of Titan Medical's Price-to-Free-Cash-Flow

For the Medical Devices subindustry, Titan Medical's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Titan Medical's Price-to-Free-Cash-Flow Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Titan Medical's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Titan Medical's Price-to-Free-Cash-Flow falls into.



Titan Medical Price-to-Free-Cash-Flow Calculation

Titan Medical's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=0.06/0.036
=1.67

Titan Medical's Share Price of today is C$0.06.
Titan Medical's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.04.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Titan Medical  (TSX:TMD) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Titan Medical Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Titan Medical's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Titan Medical (TSX:TMD) Business Description

Traded in Other Exchanges
Address
76 Berkeley Street, Toronto, ON, CAN, M5A 2W7
Titan Medical Inc is in the research and development stage and is focused on the continued design and development of robotic-assisted surgical technologies for application in minimally invasive surgery including the development of the Enos robotic single-access surgical system.

Titan Medical (TSX:TMD) Headlines

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