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Lombard Medical Technologies (LSE:LMT) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Lombard Medical Technologies Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lombard Medical Technologies Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lombard Medical Technologies'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.

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Lombard Medical Technologies Cyclically Adjusted Price-to-FCF Chart

Lombard Medical Technologies Annual Data
Trend Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF
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Lombard Medical Technologies Semi-Annual Data
Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Lombard Medical Technologies's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Lombard Medical Technologies'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.


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

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

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



Lombard Medical Technologies 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.

Lombard Medical Technologies's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Lombard Medical Technologies's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=-0.38/97.3000*97.3000
=-0.380

Current CPI (Dec12) = 97.3000.

Lombard Medical Technologies Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200209 -17.516 76.000 -22.425
200412 -19.389 78.600 -24.002
200512 -205.775 80.300 -249.339
200612 -42.444 82.600 -49.998
200712 -29.537 84.500 -34.011
200812 -15.976 87.100 -17.847
200912 -1.528 88.900 -1.672
201012 -0.743 91.700 -0.788
201112 -0.644 95.000 -0.660
201212 -0.380 97.300 -0.380

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.


Lombard Medical Technologies  (LSE:LMT) 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.


Lombard Medical Technologies Cyclically Adjusted Price-to-FCF Related Terms

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Lombard Medical Technologies (LSE:LMT) Business Description

Traded in Other Exchanges
N/A
Address
Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.