GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » ContextVision AB (OSTO:COVo) » Definitions » Cyclically Adjusted Price-to-FCF

ContextVision AB (OSTO:COVO) Cyclically Adjusted Price-to-FCF : 38.27 (As of May. 27, 2024)


View and export this data going back to 2012. Start your Free Trial

What is ContextVision AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), ContextVision AB's current share price is kr5.74. ContextVision AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.15. ContextVision AB's Cyclically Adjusted Price-to-FCF for today is 38.27.

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

OSTO:COVo' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38   Med: 255   Max: 733.33
Current: 39.21

During the past years, ContextVision AB's highest Cyclically Adjusted Price-to-FCF was 733.33. The lowest was 38.00. And the median was 255.00.

OSTO:COVo's Cyclically Adjusted Price-to-FCF is ranked worse than
65.88% of 170 companies
in the Healthcare Providers & Services industry
Industry Median: 23.13 vs OSTO:COVo: 39.21

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.

ContextVision AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.094. 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 kr0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ContextVision AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ContextVision 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.

ContextVision AB Cyclically Adjusted Price-to-FCF Chart

ContextVision AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 257.50 458.63 310.99 115.91 55.30

ContextVision AB 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 110.22 75.03 57.13 55.30 46.78

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

For the Health Information Services subindustry, ContextVision 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.


ContextVision AB's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ContextVision AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ContextVision 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.74/0.15
=38.27

* 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.

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

For example, ContextVision AB'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)
=0.094/132.2054*132.2054
=0.094

Current CPI (Mar. 2024) = 132.2054.

ContextVision AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.030 100.432 -0.039
201409 0.050 100.161 0.066
201412 -0.027 100.225 -0.036
201503 -0.011 99.950 -0.015
201506 0.015 99.995 0.020
201509 0.046 100.228 0.061
201512 -0.001 100.276 -0.001
201603 0.031 100.751 0.041
201606 0.007 101.019 0.009
201609 0.006 101.138 0.008
201612 0.047 102.022 0.061
201703 -0.024 102.022 -0.031
201706 -0.040 102.752 -0.051
201709 0.063 103.279 0.081
201712 -0.032 103.793 -0.041
201803 0.005 103.962 0.006
201806 -0.044 104.875 -0.055
201809 0.045 105.679 0.056
201812 -0.035 105.912 -0.044
201903 0.002 105.886 0.002
201906 0.040 106.742 0.050
201909 -0.015 107.214 -0.018
201912 -0.001 107.766 -0.001
202003 -0.028 106.563 -0.035
202006 0.169 107.498 0.208
202009 0.003 107.635 0.004
202012 0.039 108.296 0.048
202103 0.032 108.360 0.039
202106 0.052 108.928 0.063
202109 -0.025 110.338 -0.030
202112 0.002 112.486 0.002
202203 -0.071 114.825 -0.082
202206 0.217 118.384 0.242
202209 0.082 122.296 0.089
202212 0.041 126.365 0.043
202303 0.046 127.042 0.048
202306 0.259 129.407 0.265
202309 0.163 130.224 0.165
202312 0.163 131.912 0.163
202403 0.094 132.205 0.094

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.


ContextVision AB  (OSTO:COVo) 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.


ContextVision AB Cyclically Adjusted Price-to-FCF Related Terms

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


ContextVision AB (OSTO:COVO) Business Description

Traded in Other Exchanges
Address
Klara Norra Kyrkogata 31, Stockholm, SWE, SE-111 22
ContextVision AB is a Sweden-based medical technology company. It develops and sells image enhancement software for medical diagnosis and artificial intelligence. Its product portfolio includes image enhancement software for 2D/3D/4D (dimensional) ultrasound, magnetic resonance imaging (MRI), X-Ray, radiography, and mammography. its geographical segments are Asia, Europe, and America.

ContextVision AB (OSTO:COVO) Headlines

No Headlines