GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kamada Ltd (XTAE:KMDA) » Definitions » Cyclically Adjusted Price-to-FCF

Kamada (XTAE:KMDA) Cyclically Adjusted Price-to-FCF : 100.89 (As of May. 23, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Kamada Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Kamada's current share price is ₪19.17. Kamada's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪0.19. Kamada's Cyclically Adjusted Price-to-FCF for today is 100.89.

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

XTAE:KMDA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 95.17   Med: 185.7   Max: 2005
Current: 99.99

During the past years, Kamada's highest Cyclically Adjusted Price-to-FCF was 2005.00. The lowest was 95.17. And the median was 185.70.

XTAE:KMDA's Cyclically Adjusted Price-to-FCF is ranked worse than
82.75% of 313 companies
in the Drug Manufacturers industry
Industry Median: 33.44 vs XTAE:KMDA: 99.99

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.

Kamada's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪-0.103. 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 ₪0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kamada Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kamada'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.

Kamada Cyclically Adjusted Price-to-FCF Chart

Kamada 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 - - - 510.85 131.87

Kamada 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 2,153.18 189.25 112.36 131.87 107.39

Competitive Comparison of Kamada's Cyclically Adjusted Price-to-FCF

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


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

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

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



Kamada 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.17/0.19
=100.89

* 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.

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

For example, Kamada'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)
=-0.103/131.7762*131.7762
=-0.103

Current CPI (Mar. 2024) = 131.7762.

Kamada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.470 100.560 -0.616
201409 -0.703 100.428 -0.922
201412 -0.002 99.070 -0.003
201503 -0.240 99.621 -0.317
201506 -0.631 100.684 -0.826
201509 -0.153 100.392 -0.201
201512 -0.620 99.792 -0.819
201603 0.634 100.470 0.832
201606 -0.653 101.688 -0.846
201609 -0.223 101.861 -0.288
201612 0.164 101.863 0.212
201703 0.027 102.862 0.035
201706 -0.148 103.349 -0.189
201709 -0.205 104.136 -0.259
201712 0.196 104.011 0.248
201803 0.455 105.290 0.569
201806 -0.321 106.317 -0.398
201809 0.047 106.507 0.058
201812 0.538 105.998 0.669
201903 0.516 107.251 0.634
201906 0.566 108.070 0.690
201909 0.474 108.329 0.577
201912 0.692 108.420 0.841
202003 -0.238 108.902 -0.288
202006 1.026 108.767 1.243
202009 -0.311 109.815 -0.373
202012 0.860 109.897 1.031
202103 0.162 111.754 0.191
202106 -0.362 114.631 -0.416
202109 -0.365 115.734 -0.416
202112 -0.516 117.630 -0.578
202203 0.398 121.301 0.432
202206 0.861 125.017 0.908
202209 0.294 125.227 0.309
202212 0.443 125.222 0.466
202303 -0.322 127.348 -0.333
202306 0.062 128.729 0.063
202309 -0.055 129.860 -0.056
202312 0.157 129.419 0.160
202403 -0.103 131.776 -0.103

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.


Kamada  (XTAE:KMDA) 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.


Kamada Cyclically Adjusted Price-to-FCF Related Terms

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


Kamada (XTAE:KMDA) Business Description

Industry
Traded in Other Exchanges
Address
2 Holzman Street, P.O. Box 4081, Science Park, Rehovot, ISR, 7670402
Kamada Ltd is a drug-focused, plasma-derived protein therapeutics company. It is involved in the business of developing, producing, and marketing specialty therapeutics using protein purification proprietary technology. Its product portfolio consists of Glassia, Bramitob, Foster, Ixiaro, Factor-IX, and others. The company has two segments namely, Proprietary Products segment and Distribution segment. It derives the majority of its revenue from the Proprietary products segment. The firm categorizes its products in Lung Disease, Vaccines, Haemophilia, Immunoglobulins, Critical care, and Diagnostics.

Kamada (XTAE:KMDA) Headlines

From GuruFocus

Kamada Awarded $22 Million Extension of Canadian Supply Tender

By Value_Insider Value_Insider 10-19-2022