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Abbott Laboratories (BUE:ABT) Cyclically Adjusted FCF per Share : ARS887.97 (As of Mar. 2024)


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What is Abbott Laboratories 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.

Abbott Laboratories's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS603.832. 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 ARS887.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Abbott Laboratories's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.70% 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 Abbott Laboratories was 13.70% per year. The lowest was -4.90% per year. And the median was 8.00% per year.

As of today (2024-06-07), Abbott Laboratories's current stock price is ARS32072.00. Abbott Laboratories's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS887.97. Abbott Laboratories's Cyclically Adjusted Price-to-FCF of today is 36.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Abbott Laboratories was 48.66. The lowest was 9.31. And the median was 22.01.


Abbott Laboratories Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Abbott Laboratories'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.

Abbott Laboratories Cyclically Adjusted FCF per Share Chart

Abbott Laboratories 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 115.81 101.03 149.33 252.94 773.95

Abbott Laboratories 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 310.53 397.27 652.86 773.95 887.97

Competitive Comparison of Abbott Laboratories's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, Abbott Laboratories'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.


Abbott Laboratories's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

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

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



Abbott Laboratories 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, Abbott Laboratories'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)
=603.832/131.7762*131.7762
=603.832

Current CPI (Mar. 2024) = 131.7762.

Abbott Laboratories Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.877 100.560 9.012
201409 10.237 100.428 13.432
201412 10.685 99.070 14.213
201503 -2.712 99.621 -3.587
201506 8.759 100.684 11.464
201509 9.795 100.392 12.857
201512 10.032 99.792 13.247
201603 -6.615 100.470 -8.676
201606 12.502 101.688 16.201
201609 18.288 101.861 23.659
201612 18.182 101.863 23.521
201703 5.366 102.862 6.874
201706 20.666 103.349 26.350
201709 34.804 104.136 44.042
201712 28.140 104.011 35.652
201803 19.016 105.290 23.800
201806 26.675 106.317 33.063
201809 75.979 106.507 94.006
201812 55.180 105.998 68.600
201903 16.590 107.251 20.384
201906 29.695 108.070 36.209
201909 96.984 108.329 117.975
201912 132.995 108.420 161.645
202003 24.750 108.902 29.949
202006 52.159 108.767 63.193
202009 130.387 109.815 156.462
202012 283.545 109.897 339.996
202103 225.262 111.754 265.620
202106 181.190 114.631 208.290
202109 244.860 115.734 278.800
202112 278.008 117.630 311.443
202203 211.048 121.301 229.273
202206 276.857 125.017 291.826
202209 364.461 125.227 383.523
202212 328.324 125.222 345.509
202303 172.095 127.348 178.079
202306 190.876 128.729 195.395
202309 527.240 129.860 535.022
202312 944.178 129.419 961.372
202403 603.832 131.776 603.832

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


Abbott Laboratories  (BUE:ABT) 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.

Abbott Laboratories's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32072.00/887.97
=36.12

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Abbott Laboratories was 48.66. The lowest was 9.31. And the median was 22.01.


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.


Abbott Laboratories Cyclically Adjusted FCF per Share Related Terms

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


Abbott Laboratories (BUE:ABT) Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.

Abbott Laboratories (BUE:ABT) Headlines

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