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Elos Medtech AB (LTS:0IZX) Cyclically Adjusted Price-to-FCF : 91.20 (As of Jun. 10, 2024)


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What is Elos Medtech AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Elos Medtech AB's current share price is kr259.00. Elos Medtech AB's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was kr2.84. Elos Medtech AB's Cyclically Adjusted Price-to-FCF for today is 91.20.

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

LTS:0IZX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.76   Med: 78.96   Max: 92.83
Current: 91.19

During the past years, Elos Medtech AB's highest Cyclically Adjusted Price-to-FCF was 92.83. The lowest was 35.76. And the median was 78.96.

LTS:0IZX's Cyclically Adjusted Price-to-FCF is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 42.675 vs LTS:0IZX: 91.19

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.

Elos Medtech AB's adjusted free cash flow per share data for the three months ended in Sep. 2023 was kr-2.186. 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 kr2.84 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elos Medtech AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Elos Medtech AB'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.

Elos Medtech AB Cyclically Adjusted Price-to-FCF Chart

Elos Medtech AB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 86.59

Elos Medtech AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 79.51 71.38 77.67 79.05 91.19

Competitive Comparison of Elos Medtech AB's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Elos Medtech AB'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.


Elos Medtech AB's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

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

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



Elos Medtech AB 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.

Elos Medtech AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=259.00/2.84
=91.20

* 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.

Elos Medtech AB's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Elos Medtech AB's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-2.186/130.2235*130.2235
=-2.186

Current CPI (Sep. 2023) = 130.2235.

Elos Medtech AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 1.543 100.544 1.998
201312 2.391 100.541 3.097
201403 0.348 99.788 0.454
201406 2.900 100.432 3.760
201409 0.557 100.161 0.724
201412 -0.176 100.225 -0.229
201503 -1.554 99.950 -2.025
201506 0.534 99.995 0.695
201509 -0.371 100.228 -0.482
201512 0.457 100.276 0.593
201603 0.812 100.751 1.050
201606 1.879 101.019 2.422
201609 3.016 101.138 3.883
201612 1.693 102.022 2.161
201703 0.766 102.022 0.978
201706 1.589 102.752 2.014
201709 0.568 103.279 0.716
201712 -0.079 103.793 -0.099
201803 -0.706 103.962 -0.884
201806 0.191 104.875 0.237
201809 -0.661 105.679 -0.815
201812 -0.196 105.912 -0.241
201903 -1.170 105.886 -1.439
201906 1.018 106.742 1.242
201909 0.035 107.214 0.043
201912 0.457 107.766 0.552
202003 0.235 106.563 0.287
202006 2.975 107.498 3.604
202009 3.966 107.635 4.798
202012 0.011 108.296 0.013
202103 -1.009 108.360 -1.213
202106 2.088 108.928 2.496
202109 0.186 110.338 0.220
202112 0.471 112.486 0.545
202203 -1.740 114.825 -1.973
202206 -0.471 118.384 -0.518
202209 3.173 122.296 3.379
202303 -1.592 127.042 -1.632
202306 0.173 129.407 0.174
202309 -2.186 130.224 -2.186

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.


Elos Medtech AB  (LTS:0IZX) 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.


Elos Medtech AB Cyclically Adjusted Price-to-FCF Related Terms

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


Elos Medtech AB (LTS:0IZX) Business Description

Traded in Other Exchanges
N/A
Address
Torsgatan 5B, Gothenburg, SWE, 411 04
Elos Medtech AB operates in the medical technology business. It develops and produces medical technology products and components. The company operates through three business segments including Dental, Orthopedics, and Life science. Some of its products include Implants, Screws, Plates, Prosthetics, and Drills.

Elos Medtech AB (LTS:0IZX) Headlines

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