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Hamilton Thorne (TSX:HTL) Cyclically Adjusted Price-to-FCF : 72.00 (As of Jun. 07, 2024)


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What is Hamilton Thorne Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Hamilton Thorne's current share price is C$1.44. Hamilton Thorne's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.02. Hamilton Thorne's Cyclically Adjusted Price-to-FCF for today is 72.00.

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

TSX:HTL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 41.67   Med: 80   Max: 209
Current: 56.04

During the past years, Hamilton Thorne's highest Cyclically Adjusted Price-to-FCF was 209.00. The lowest was 41.67. And the median was 80.00.

TSX:HTL's Cyclically Adjusted Price-to-FCF is ranked worse than
63.71% of 237 companies
in the Medical Devices & Instruments industry
Industry Median: 42.61 vs TSX:HTL: 56.04

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.

Hamilton Thorne's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-0.009. 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 C$0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamilton Thorne Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hamilton Thorne'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.

Hamilton Thorne Cyclically Adjusted Price-to-FCF Chart

Hamilton Thorne 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 - 153.43 94.00 63.74 52.00

Hamilton Thorne 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 67.19 56.05 56.44 52.00 52.04

Competitive Comparison of Hamilton Thorne's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Hamilton Thorne'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.


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

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

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



Hamilton Thorne 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.44/0.02
=72.00

* 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.

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

For example, Hamilton Thorne'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)
=-0.009/131.7762*131.7762
=-0.009

Current CPI (Mar. 2024) = 131.7762.

Hamilton Thorne Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 100.560 0.003
201409 0.004 100.428 0.005
201412 0.002 99.070 0.003
201503 0.005 99.621 0.007
201506 -0.001 100.684 -0.001
201509 0.005 100.392 0.007
201512 0.005 99.792 0.007
201603 0.004 100.470 0.005
201606 -0.001 101.688 -0.001
201609 0.001 101.861 0.001
201612 0.002 101.863 0.003
201703 0.019 102.862 0.024
201706 0.001 103.349 0.001
201709 0.004 104.136 0.005
201712 0.010 104.011 0.013
201803 0.006 105.290 0.008
201806 0.007 106.317 0.009
201809 0.004 106.507 0.005
201812 0.015 105.998 0.019
201903 0.012 107.251 0.015
201906 -0.001 108.070 -0.001
201909 0.004 108.329 0.005
201912 0.033 108.420 0.040
202003 0.003 108.902 0.004
202006 -0.018 108.767 -0.022
202009 0.022 109.815 0.026
202012 0.030 109.897 0.036
202103 0.007 111.754 0.008
202106 0.011 114.631 0.013
202109 0.002 115.734 0.002
202112 0.010 117.630 0.011
202203 -0.003 121.301 -0.003
202206 -0.010 125.017 -0.011
202209 0.000 125.227 0.000
202212 0.008 125.222 0.008
202303 -0.012 127.348 -0.012
202306 0.012 128.729 0.012
202309 -0.013 129.860 -0.013
202312 0.014 129.419 0.014
202403 -0.009 131.776 -0.009

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.


Hamilton Thorne  (TSX:HTL) 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.


Hamilton Thorne Cyclically Adjusted Price-to-FCF Related Terms

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


Hamilton Thorne (TSX:HTL) Business Description

Traded in Other Exchanges
Address
100 Cummings Center, Suite 465E, Beverly, MA, USA, 01915
Hamilton Thorne Ltd is engaged in providing precision instruments, consumables, software, and services that reduce cost, increase productivity, improve results, and enable breakthroughs in Assisted Reproductive Technologies (ART) and developmental biology research markets. The company markets its products and services under the Hamilton Thorne, Gynemed, and Embryotech Laboratories brands, through its growing sales force and distributors. The company's customer base consists of fertility clinics, university research centers, animal breeding facilities, pharmaceutical companies, biotechnology companies, and other commercial and academic research establishments. It has a single reporting segment being Engaged in Sales to the ART, Research, and Cell Biology Markets.
Executives
Robert J Potter Director

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