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Medexus Pharmaceuticals (TSX:MDP) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is Medexus Pharmaceuticals Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Medexus Pharmaceuticals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Medexus Pharmaceuticals'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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Medexus Pharmaceuticals Cyclically Adjusted Price-to-FCF Chart

Medexus Pharmaceuticals Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Medexus Pharmaceuticals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Medexus Pharmaceuticals's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Medexus Pharmaceuticals'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.


Medexus Pharmaceuticals's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

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

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



Medexus Pharmaceuticals 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.

Medexus Pharmaceuticals's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Medexus Pharmaceuticals's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.307/125.0724*125.0724
=0.307

Current CPI (Dec. 2023) = 125.0724.

Medexus Pharmaceuticals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.738 96.945 -0.952
201406 -0.370 99.473 -0.465
201409 -0.192 99.394 -0.242
201412 -0.346 98.367 -0.440
201503 -0.152 99.789 -0.191
201506 -0.278 100.500 -0.346
201509 -0.289 100.421 -0.360
201512 -0.160 99.947 -0.200
201603 0.287 101.054 0.355
201606 0.321 102.002 0.394
201609 -0.286 101.765 -0.352
201612 -0.204 101.449 -0.252
201703 -0.182 102.634 -0.222
201706 -0.461 103.029 -0.560
201709 -0.145 103.345 -0.175
201712 -0.059 103.345 -0.071
201803 -0.160 105.004 -0.191
201806 -0.059 105.557 -0.070
201809 -0.063 105.636 -0.075
201812 -0.147 105.399 -0.174
201903 0.066 106.979 0.077
201906 -0.064 107.690 -0.074
201909 0.017 107.611 0.020
201912 -0.075 107.769 -0.087
202003 -0.130 107.927 -0.151
202006 0.279 108.401 0.322
202009 -0.002 108.164 -0.002
202012 -0.250 108.559 -0.288
202103 -0.422 110.298 -0.479
202106 -0.801 111.720 -0.897
202109 0.229 112.905 0.254
202112 -0.128 113.774 -0.141
202203 0.136 117.646 0.145
202206 -0.259 120.806 -0.268
202209 0.050 120.648 0.052
202212 -0.151 120.964 -0.156
202303 0.228 122.702 0.232
202306 0.275 124.203 0.277
202309 0.486 125.230 0.485
202312 0.307 125.072 0.307

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.


Medexus Pharmaceuticals  (TSX:MDP) 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.


Medexus Pharmaceuticals Cyclically Adjusted Price-to-FCF Related Terms

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Medexus Pharmaceuticals (TSX:MDP) Business Description

Traded in Other Exchanges
Address
35 Nixon Road, Suite 1, Bolton, ON, CAN, L7E 1K1
Medexus Pharmaceuticals Inc is an innovative and rare disease pharmaceutical company with a strong North American commercial platform and a portfolio of proven best-in-class products. The company's focus is on the therapeutic areas of hematology, auto-immune diseases, and allergy.
Executives
Benoit Gravel Director