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MediClin AG (XTER:MED) Cyclically Adjusted FCF per Share : €0.49 (As of Dec. 2023)


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What is MediClin AG 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.

MediClin AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.330. 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 €0.49 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MediClin AG's average Cyclically Adjusted FCF Growth Rate was 32.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 51.80% 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 MediClin AG was 51.80% per year. The lowest was 51.80% per year. And the median was 51.80% per year.

As of today (2024-05-15), MediClin AG's current stock price is €2.90. MediClin AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.49. MediClin AG's Cyclically Adjusted Price-to-FCF of today is 5.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MediClin AG was 80.40. The lowest was 4.69. And the median was 10.21.


MediClin AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for MediClin AG'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.

MediClin AG Cyclically Adjusted FCF per Share Chart

MediClin AG 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 -0.07 0.14 0.31 0.37 0.49

MediClin AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.37 0.43 0.42 0.45 0.49

Competitive Comparison of MediClin AG's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, MediClin AG'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.


MediClin AG's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MediClin AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MediClin AG 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, MediClin AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.33/123.6675*123.6675
=0.330

Current CPI (Dec. 2023) = 123.6675.

MediClin AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.015 99.543 0.019
201406 -0.025 99.543 -0.031
201409 0.300 99.823 0.372
201412 -0.034 99.543 -0.042
201503 -0.043 99.717 -0.053
201506 -0.127 100.417 -0.156
201509 0.280 100.417 0.345
201512 -0.005 99.717 -0.006
201603 -0.044 100.017 -0.054
201606 -0.111 100.717 -0.136
201609 0.243 101.017 0.297
201612 -0.009 101.217 -0.011
201703 -0.260 101.417 -0.317
201706 -0.148 102.117 -0.179
201709 0.067 102.717 0.081
201712 -0.027 102.617 -0.033
201803 -0.067 102.917 -0.081
201806 -0.201 104.017 -0.239
201809 0.081 104.718 0.096
201812 -0.194 104.217 -0.230
201903 0.009 104.217 0.011
201906 0.111 105.718 0.130
201909 0.233 106.018 0.272
201912 0.073 105.818 0.085
202003 0.094 105.718 0.110
202006 0.881 106.618 1.022
202009 0.537 105.818 0.628
202012 0.407 105.518 0.477
202103 0.202 107.518 0.232
202106 0.165 108.486 0.188
202109 0.574 109.435 0.649
202112 0.402 110.384 0.450
202203 0.205 113.968 0.222
202206 -0.217 115.760 -0.232
202209 0.333 118.818 0.347
202212 -0.188 119.345 -0.195
202303 0.215 122.402 0.217
202306 -0.079 123.140 -0.079
202309 0.389 124.195 0.387
202312 0.330 123.668 0.330

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


MediClin AG  (XTER:MED) 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.

MediClin AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.90/0.49
=5.92

* 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 MediClin AG was 80.40. The lowest was 4.69. And the median was 10.21.


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.


MediClin AG Cyclically Adjusted FCF per Share Related Terms

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


MediClin AG (XTER:MED) Business Description

Traded in Other Exchanges
Address
Okenstrasse 27, Offenburg, DEU, 77652
MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.

MediClin AG (XTER:MED) Headlines

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