GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Fonar Corp (FRA:FOAA) » Definitions » Cyclically Adjusted Price-to-FCF

Fonar (FRA:FOAA) Cyclically Adjusted Price-to-FCF : 6.02 (As of Jun. 10, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Fonar Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Fonar's current share price is €14.20. Fonar's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.36. Fonar's Cyclically Adjusted Price-to-FCF for today is 6.02.

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

FRA:FOAA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.16   Med: 12.28   Max: 255.8
Current: 6.16

During the past years, Fonar's highest Cyclically Adjusted Price-to-FCF was 255.80. The lowest was 5.16. And the median was 12.28.

FRA:FOAA's Cyclically Adjusted Price-to-FCF is ranked better than
90.48% of 63 companies
in the Medical Diagnostics & Research industry
Industry Median: 34.8 vs FRA:FOAA: 6.16

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.

Fonar's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.373. 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 €2.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fonar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fonar'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.

Fonar Cyclically Adjusted Price-to-FCF Chart

Fonar Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 11.02 7.99 6.23 6.76

Fonar 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 6.58 6.76 6.12 7.80 8.39

Competitive Comparison of Fonar's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, Fonar'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.


Fonar's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Fonar's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fonar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.20/2.36
=6.02

* 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.

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

For example, Fonar'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)
=0.373/131.7762*131.7762
=0.373

Current CPI (Mar. 2024) = 131.7762.

Fonar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.497 100.560 0.651
201409 0.347 100.428 0.455
201412 0.382 99.070 0.508
201503 0.369 99.621 0.488
201506 0.663 100.684 0.868
201509 0.480 100.392 0.630
201512 0.591 99.792 0.780
201603 0.319 100.470 0.418
201606 0.860 101.688 1.114
201609 0.380 101.861 0.492
201612 0.346 101.863 0.448
201703 0.361 102.862 0.462
201706 0.936 103.349 1.193
201709 0.390 104.136 0.494
201712 0.517 104.011 0.655
201803 0.375 105.290 0.469
201806 0.790 106.317 0.979
201809 0.437 106.507 0.541
201812 0.550 105.998 0.684
201903 0.357 107.251 0.439
201906 0.818 108.070 0.997
201909 0.248 108.329 0.302
201912 0.503 108.420 0.611
202003 0.245 108.902 0.296
202006 0.744 108.767 0.901
202009 0.432 109.815 0.518
202012 0.495 109.897 0.594
202103 0.207 111.754 0.244
202106 0.659 114.631 0.758
202109 0.004 115.734 0.005
202112 0.479 117.630 0.537
202203 0.353 121.301 0.383
202206 0.626 125.017 0.660
202209 0.262 125.227 0.276
202212 0.382 125.222 0.402
202303 0.294 127.348 0.304
202306 0.490 128.729 0.502
202309 0.364 129.860 0.369
202312 0.550 129.419 0.560
202403 0.373 131.776 0.373

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.


Fonar  (FRA:FOAA) 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.


Fonar Cyclically Adjusted Price-to-FCF Related Terms

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


Fonar (FRA:FOAA) Business Description

Traded in Other Exchanges
Address
110 Marcus Drive, Melville, NY, USA, 11747
Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue. The company's areas of operations are principally in the United States. It also exports to the United Arab Emirates, England, and Germany.

Fonar (FRA:FOAA) Headlines

No Headlines