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Span-America Medical Systems (Span-America Medical Systems) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2017)


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What is Span-America Medical Systems Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Span-America Medical Systems's adjusted free cash flow per share for the three months ended in Mar. 2017 was $0.048. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2017.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-05), Span-America Medical Systems's current stock price is $29.99. Span-America Medical Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2017 was $0.00. Span-America Medical Systems's Cyclically Adjusted Price-to-FCF of today is .


Span-America Medical Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Span-America Medical Systems's Cyclically Adjusted FCF per Share 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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Span-America Medical Systems Cyclically Adjusted FCF per Share Chart

Span-America Medical Systems Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted FCF per Share
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Span-America Medical Systems Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Span-America Medical Systems's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, Span-America Medical Systems'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.


Span-America Medical Systems's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Span-America Medical Systems's Cyclically Adjusted Price-to-FCF falls into.



Span-America Medical Systems Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Span-America Medical Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2017 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.048/102.8622*102.8622
=0.048

Current CPI (Mar. 2017) = 102.8622.

Span-America Medical Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200706 0.670 87.906 0.784
200709 0.769 87.964 0.899
200712 0.386 88.616 0.448
200803 0.123 90.090 0.140
200806 0.344 92.320 0.383
200809 0.738 92.307 0.822
200812 0.369 88.697 0.428
200903 0.119 89.744 0.136
200906 0.714 91.003 0.807
200909 1.097 91.120 1.238
200912 0.520 91.111 0.587
201003 0.039 91.821 0.044
201006 0.210 91.962 0.235
201009 0.460 92.162 0.513
201012 0.097 92.474 0.108
201103 0.536 94.283 0.585
201106 0.294 95.235 0.318
201109 0.061 95.727 0.066
201112 0.791 95.213 0.855
201203 -0.565 96.783 -0.600
201206 1.470 96.819 1.562
201209 0.407 97.633 0.429
201212 1.144 96.871 1.215
201303 0.051 98.209 0.053
201306 0.480 98.518 0.501
201309 0.886 98.790 0.923
201312 0.135 98.326 0.141
201403 0.305 99.695 0.315
201406 0.408 100.560 0.417
201409 0.150 100.428 0.154
201412 0.293 99.070 0.304
201503 0.251 99.621 0.259
201506 0.618 100.684 0.631
201509 0.035 100.392 0.036
201512 -0.058 99.792 -0.060
201603 0.652 100.470 0.668
201606 0.701 101.688 0.709
201609 0.296 101.861 0.299
201612 0.364 101.863 0.368
201703 0.048 102.862 0.048

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Span-America Medical Systems  (NAS:SPAN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Span-America Medical Systems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Span-America Medical Systems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Span-America Medical Systems (Span-America Medical Systems) Business Description

Traded in Other Exchanges
N/A
Address
Span-America Medical Systems Inc was incorporated under the laws of the state of South Carolina on September 21, 1970. The Company manufactures and distributes therapeutic support surfaces, mattress overlays, patient positioners, seating cushions, skin care products and fall prevention products for the medical market and pillows, mattress pads and various foam products for the custom products market throughout the United States and Canada. Its operations are divided into two main business units or segments: medical and custom products. The Company's main medical products consist of polyurethane foam mattress overlays, therapeutic support surfaces (which consist of non-powered and powered therapeutic support surfaces) and patient positioners as well as Selan (r) skin care, seating and fall protection products. The Company's custom products segment includes two product lines namely consumer bedding products and various engineered industrial products. The Company's consumer product line consists mainly of convoluted and contour-cut mattress overlays and specially designed pillows for the consumer bedding market. It sells these products mainly in North America to customers in the segments of the health care market, including acute care hospitals, long-term care facilities and home health care providers. The Company's manufacturing operations are subject to various government regulations pertaining to the discharge of materials into the environment.
Executives
Terry Allison Rappuhn director P O BOX 58062, NASHVILLE TN 37205
Thomas Joseph Sullivan director 64 PETTIT PL PRINCETON NJ 08540
Robert B Johnston director

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