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Santen Pharmaceutical Co (FRA:SZD) Cyclically Adjusted Price-to-FCF : 36.92 (As of Jun. 06, 2024)


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What is Santen Pharmaceutical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Santen Pharmaceutical Co's current share price is €9.60. Santen Pharmaceutical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.26. Santen Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is 36.92.

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

FRA:SZD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.98   Med: 48.4   Max: 70.38
Current: 36.9

During the past years, Santen Pharmaceutical Co's highest Cyclically Adjusted Price-to-FCF was 70.38. The lowest was 29.98. And the median was 48.40.

FRA:SZD's Cyclically Adjusted Price-to-FCF is ranked worse than
55.59% of 322 companies
in the Drug Manufacturers industry
Industry Median: 32.255 vs FRA:SZD: 36.90

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.

Santen Pharmaceutical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.157. 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 €0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Santen Pharmaceutical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Santen Pharmaceutical Co'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.

Santen Pharmaceutical Co Cyclically Adjusted Price-to-FCF Chart

Santen Pharmaceutical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.96 45.22 39.08 34.13 34.45

Santen Pharmaceutical Co 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 34.13 37.35 37.25 31.73 34.45

Competitive Comparison of Santen Pharmaceutical Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - General subindustry, Santen Pharmaceutical Co'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.


Santen Pharmaceutical Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Santen Pharmaceutical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Santen Pharmaceutical Co 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.

Santen Pharmaceutical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.60/0.26
=36.92

* 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.

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

For example, Santen Pharmaceutical Co'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)
=0.157/107.2000*107.2000
=0.157

Current CPI (Mar. 2024) = 107.2000.

Santen Pharmaceutical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.099 98.000 -0.108
201409 -0.851 98.500 -0.926
201412 0.063 97.900 0.069
201503 0.178 97.900 0.195
201506 -0.050 98.400 -0.054
201509 0.204 98.500 0.222
201512 0.075 98.100 0.082
201603 0.014 97.900 0.015
201606 -0.371 98.100 -0.405
201609 0.177 98.000 0.194
201612 0.069 98.400 0.075
201703 0.158 98.100 0.173
201706 0.077 98.500 0.084
201709 0.257 98.800 0.279
201712 0.087 99.400 0.094
201803 0.195 99.200 0.211
201806 -0.091 99.200 -0.098
201809 0.345 99.900 0.370
201812 0.047 99.700 0.051
201903 0.167 99.700 0.180
201906 0.059 99.800 0.063
201909 0.343 100.100 0.367
201912 0.026 100.500 0.028
202003 0.217 100.300 0.232
202006 -0.019 99.900 -0.020
202009 0.127 99.900 0.136
202012 -0.049 99.300 -0.053
202103 0.234 99.900 0.251
202106 -0.041 99.500 -0.044
202109 0.285 100.100 0.305
202112 -0.037 100.100 -0.040
202203 -0.009 101.100 -0.010
202206 -0.068 101.800 -0.072
202209 0.116 103.100 0.121
202212 0.098 104.100 0.101
202303 0.088 104.400 0.090
202306 -0.007 105.200 -0.007
202309 0.402 106.200 0.406
202312 0.540 106.800 0.542
202403 0.157 107.200 0.157

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.


Santen Pharmaceutical Co  (FRA:SZD) 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.


Santen Pharmaceutical Co Cyclically Adjusted Price-to-FCF Related Terms

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Santen Pharmaceutical Co (FRA:SZD) Business Description

Traded in Other Exchanges
Address
Grand Front Osaka Tower A, 4-20 Ofuka-cho, Kita-ku, Osaka, JPN, 530-8552
Santen Pharmaceutical Co Ltd is a drug manufacturing company that focuses on ophthalmic products. The company reports two primary operating segments: prescription ophthalmic pharmaceuticals and other. The pharmaceuticals segment includes over-the-counter pharmaceuticals, while the other segment includes medical devices. The vast majority of Santen's revenue is derived from its prescription ophthalmic pharmaceuticals segment, which manufactures and distributes prescription and OTC pharmaceuticals. Most of Santen's sales are generated in Japan, followed by other Asian countries.

Santen Pharmaceutical Co (FRA:SZD) Headlines

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