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Varian Medical Systems (Varian Medical Systems) Price-to-Free-Cash-Flow : 37.43 (As of Apr. 26, 2024)


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What is Varian Medical Systems Price-to-Free-Cash-Flow?

As of today (2024-04-26), Varian Medical Systems's share price is $177.07. Varian Medical Systems's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $4.73. Hence, Varian Medical Systems's Price-to-Free-Cash-Flow Ratio for today is 37.43.

The historical rank and industry rank for Varian Medical Systems's Price-to-Free-Cash-Flow or its related term are showing as below:

VAR' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 22.2   Med: 36.87   Max: 59.73
Current: 37.45

During the past 13 years, Varian Medical Systems's highest Price-to-Free-Cash-Flow Ratio was 59.73. The lowest was 22.20. And the median was 36.87.

VAR's Price-to-Free-Cash-Flow is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 31.345 vs VAR: 37.45

Varian Medical Systems's Free Cash Flow per Share for the three months ended in Dec. 2020 was $1.35. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $4.73.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Varian Medical Systems was 56.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 4.30% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 1.90% per year.

During the past 13 years, Varian Medical Systems's highest 3-Year average Free Cash Flow per Share Growth Rate was 39.30% per year. The lowest was -5.80% per year. And the median was 6.60% per year.


Varian Medical Systems Price-to-Free-Cash-Flow Historical Data

The historical data trend for Varian Medical Systems's Price-to-Free-Cash-Flow 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.

Varian Medical Systems Price-to-Free-Cash-Flow Chart

Varian Medical Systems Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.67 27.34 25.53 34.18 39.40

Varian Medical Systems Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Price-to-Free-Cash-Flow 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 47.20 32.79 41.53 39.40 36.91

Competitive Comparison of Varian Medical Systems's Price-to-Free-Cash-Flow

For the Medical Instruments & Supplies subindustry, Varian Medical Systems's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Varian Medical Systems's Price-to-Free-Cash-Flow Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varian Medical Systems's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Varian Medical Systems's Price-to-Free-Cash-Flow falls into.



Varian Medical Systems Price-to-Free-Cash-Flow Calculation

Varian Medical Systems's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=177.07/4.731
=37.43

Varian Medical Systems's Share Price of today is $177.07.
Varian Medical Systems's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.73.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Varian Medical Systems  (NYSE:VAR) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Varian Medical Systems Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Varian Medical Systems's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Varian Medical Systems (Varian Medical Systems) Business Description

Traded in Other Exchanges
N/A
Address
3100 Hansen Way, Palo Alto, CA, USA, 94304-1038
Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).
Executives
Jesse Michael Bruff officer: SVP Finance, CFO 3100 HANSEN WAY, PALO ALTO CA 94304
Magnus Momsen officer: SVP, CAO, Corporate Controller VARIAN MEDICAL SYSTEMS INC. 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304
Dow R Wilson director, officer: President and CEO VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Kolleen T Kennedy officer: Pres. Proton Solutions, CGO VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Christopher A. Toth officer: SVP and Pres. Oncology Systems 1252 COOLIDGE AVE., SAN JOSE CA 95125
Michael Damon Hutchinson officer: SVP,Chief Legal Officer, Secy 2825 AIRVIEW BLVD, KALAMAZOO MI 49002
Jean Luc Butel director ONE BAXTER PARKWAY, DEERFIELD IL 60015
John W Kuo officer: SVP, Gen Counsel and Secretary VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Judy Bruner director C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Beau Michelle Le director 800 N. MICHIGAN AVENUE #3703 CHICAGO IL 60611
Anat Ashkenazi director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Jeffrey R. Balser director 3657 RICHLAND AVE., NASHVILLE TN 37205
Regina E Dugan director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
David J Illingworth director 3100 HANSEN WAY PALO ALTO CA 94304
R Andrew Eckert director THREE RAVINIA DRIVE, ATLANTA GA 30346

Varian Medical Systems (Varian Medical Systems) Headlines

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