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Altimmune (STU:3G0) Cyclically Adjusted FCF per Share : €-14.31 (As of Mar. 2024)


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What is Altimmune Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Altimmune's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.213. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-14.31 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Altimmune was 58.60% per year. The lowest was 11.50% per year. And the median was 33.45% per year.

As of today (2024-06-04), Altimmune's current stock price is €6.841. Altimmune's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-14.31. Altimmune's Cyclically Adjusted Price-to-FCF of today is .


Altimmune Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Altimmune's Cyclically Adjusted FCF per Share 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.

Altimmune Cyclically Adjusted FCF per Share Chart

Altimmune Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.42 -21.75 -19.88 -21.51 -18.62

Altimmune Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -21.97 -22.08 -21.70 -18.62 -14.31

Competitive Comparison of Altimmune's Cyclically Adjusted FCF per Share

For the Biotechnology subindustry, Altimmune'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.


Altimmune's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



Altimmune Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Altimmune'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)
=-0.213/131.7762*131.7762
=-0.213

Current CPI (Mar. 2024) = 131.7762.

Altimmune Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.324 100.560 -3.045
201409 -8.416 100.428 -11.043
201412 -13.536 99.070 -18.005
201503 -11.920 99.621 -15.767
201506 11.061 100.684 14.477
201509 -5.575 100.392 -7.318
201512 -7.888 99.792 -10.416
201603 -5.660 100.470 -7.424
201606 -6.470 101.688 -8.384
201609 -7.796 101.861 -10.086
201612 -6.322 101.863 -8.179
201703 -13.762 102.862 -17.630
201706 -17.154 103.349 -21.872
201709 -6.934 104.136 -8.774
201712 -7.194 104.011 -9.114
201803 -5.062 105.290 -6.335
201806 0.158 106.317 0.196
201809 -0.773 106.507 -0.956
201812 -0.500 105.998 -0.622
201903 -0.197 107.251 -0.242
201906 -0.207 108.070 -0.252
201909 -0.150 108.329 -0.182
201912 -0.120 108.420 -0.146
202003 -0.263 108.902 -0.318
202006 -0.360 108.767 -0.436
202009 -0.246 109.815 -0.295
202012 -0.303 109.897 -0.363
202103 -0.515 111.754 -0.607
202106 -0.536 114.631 -0.616
202109 -0.368 115.734 -0.419
202112 -0.460 117.630 -0.515
202203 -0.280 121.301 -0.304
202206 -0.333 125.017 -0.351
202209 -0.310 125.227 -0.326
202212 -0.327 125.222 -0.344
202303 -0.363 127.348 -0.376
202306 -0.353 128.729 -0.361
202309 -0.358 129.860 -0.363
202312 -0.259 129.419 -0.264
202403 -0.213 131.776 -0.213

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Altimmune  (STU:3G0) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Altimmune Cyclically Adjusted FCF per Share Related Terms

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


Altimmune (STU:3G0) Business Description

Industry
Traded in Other Exchanges
Address
910 Clopper Road, Suite 201S, Gaithersburg, MD, USA, 20878
Altimmune Inc is engaged on developing treatments for obesity and liver diseases. The Company's pipeline includes next generation peptide therapeutics for obesity and non-alcoholic steatohepatitis (NASH) (for both, pemvidutide, formerly known as ALT-801), and for chronic hepatitis B (HepTcell). The Company is managed and operates as a single business focused on the research and development of treatments for various diseases and disorders, and vaccines.

Altimmune (STU:3G0) Headlines

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