GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tactile Systems Technology Inc (NAS:TCMD) » Definitions » Cyclically Adjusted Price-to-FCF

Tactile Systems Technology (Tactile Systems Technology) Cyclically Adjusted Price-to-FCF : 50.13 (As of Jun. 07, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Tactile Systems Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Tactile Systems Technology's current share price is $12.03. Tactile Systems Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.24. Tactile Systems Technology's Cyclically Adjusted Price-to-FCF for today is 50.13.

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

TCMD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 50.46   Med: 58.7   Max: 65.83
Current: 51.5

During the past years, Tactile Systems Technology's highest Cyclically Adjusted Price-to-FCF was 65.83. The lowest was 50.46. And the median was 58.70.

TCMD's Cyclically Adjusted Price-to-FCF is ranked worse than
59.07% of 237 companies
in the Medical Devices & Instruments industry
Industry Median: 42.61 vs TCMD: 51.50

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.

Tactile Systems Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.018. 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 $0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tactile Systems Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tactile Systems Technology'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.

Tactile Systems Technology Cyclically Adjusted Price-to-FCF Chart

Tactile Systems Technology 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 - - - - -

Tactile Systems Technology 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 - - - - 69.10

Competitive Comparison of Tactile Systems Technology's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Tactile Systems Technology'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.


Tactile Systems Technology's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

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

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



Tactile Systems Technology 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.

Tactile Systems Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.03/0.24
=50.13

* 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.

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

For example, Tactile Systems Technology'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)
=0.018/131.7762*131.7762
=0.018

Current CPI (Mar. 2024) = 131.7762.

Tactile Systems Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201409 0.000 100.428 0.000
201412 0.089 99.070 0.118
201503 -0.044 99.621 -0.058
201506 -0.018 100.684 -0.024
201509 0.048 100.392 0.063
201512 0.179 99.792 0.236
201603 -0.073 100.470 -0.096
201606 0.079 101.688 0.102
201609 0.246 101.861 0.318
201612 0.143 101.863 0.185
201703 -0.061 102.862 -0.078
201706 -0.188 103.349 -0.240
201709 0.136 104.136 0.172
201712 0.123 104.011 0.156
201803 -0.145 105.290 -0.181
201806 -0.072 106.317 -0.089
201809 0.218 106.507 0.270
201812 -0.041 105.998 -0.051
201903 0.025 107.251 0.031
201906 -0.077 108.070 -0.094
201909 -0.051 108.329 -0.062
201912 -0.075 108.420 -0.091
202003 0.027 108.902 0.033
202006 -0.479 108.767 -0.580
202009 0.239 109.815 0.287
202012 0.233 109.897 0.279
202103 -0.057 111.754 -0.067
202106 -0.077 114.631 -0.089
202109 -0.087 115.734 -0.099
202112 0.235 117.630 0.263
202203 -0.170 121.301 -0.185
202206 0.103 125.017 0.109
202209 0.041 125.227 0.043
202212 0.187 125.222 0.197
202303 -0.037 127.348 -0.038
202306 0.559 128.729 0.572
202309 0.155 129.860 0.157
202312 0.733 129.419 0.746
202403 0.018 131.776 0.018

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.


Tactile Systems Technology  (NAS:TCMD) 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.


Tactile Systems Technology Cyclically Adjusted Price-to-FCF Related Terms

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


Tactile Systems Technology (Tactile Systems Technology) Business Description

Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 300, Minneapolis, MN, USA, 55416
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
Executives
Boyd Vindell Washington director 1331 TYLER STREET NE, STE 200, MINNEAPOLIS MN 55413
Daniel L. Reuvers director, officer: President and CEO INTEGRA LIFESCIENCES CORPORATION, 311 ENTERPRISE DRIVE, PLAINSBORO NJ 08536
Sherri Lee Ferstler officer: Senior VP, Sales 1331 TYLER STREET NE, STE 200, MINNEAPOLIS MN 55413
William W Burke director 3868 MOCKINGBIRD LN, DALLAS TX 75205
Kristie Burns officer: Sr. VP Mktg & Clinical Affairs 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Eric Pauls officer: Senior VP, Sales 3701 WAYZATA BLVD, SUITE 300, MINNEAPOLIS MN 55416
Elaine M. Birkemeyer officer: Chief Financial Officer 3701 WAYZATA BLVD, SUITE 300, MINNEAPOLIS MN 55416
Brent Moen officer: Chief Financial Officer 3600 HOLLY LANE NORTH, SUITE 40, PLYMOUTH MN 55447
Carmen B Volkart director C/O MODULAR MEDICAL, INC., 16772 WEST BERNARDO DRIVE, SAN DIEGO CA 92127
Valerie L. Asbury director 3701 WAYZATA BLVD, SUITE 300, MINNEAPOLIS MN 55416
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Bryan Rishe officer: Vice President, Sales 1331 TYLER STREET NE, SUITE 200, MINNEAPOLIS MN 55413
Deepti Jain director 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Sheri Louise Dodd director 3701 WAYZATA BLVD, SUITE 300, MINNEAPOLIS MN 55416
Gerald R. Mattys director, officer: Chief Executive Officer 1331 TYLER STREET NE, SUITE 200, MINNEAPOLIS MN 55413

Tactile Systems Technology (Tactile Systems Technology) Headlines