GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avanos Medical Inc (NYSE:AVNS) » Definitions » Cyclically Adjusted Price-to-FCF

Avanos Medical (Avanos Medical) Cyclically Adjusted Price-to-FCF : 52.39 (As of Jun. 02, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Avanos Medical Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Avanos Medical's current share price is $19.91. Avanos Medical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.38. Avanos Medical's Cyclically Adjusted Price-to-FCF for today is 52.39.

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

AVNS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.79   Med: 33.93   Max: 53.66
Current: 52.78

During the past years, Avanos Medical's highest Cyclically Adjusted Price-to-FCF was 53.66. The lowest was 23.79. And the median was 33.93.

AVNS's Cyclically Adjusted Price-to-FCF is ranked worse than
60% of 235 companies
in the Medical Devices & Instruments industry
Industry Median: 43.63 vs AVNS: 52.78

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.

Avanos Medical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.259. 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 $0.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avanos Medical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avanos Medical'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.

Avanos Medical Cyclically Adjusted Price-to-FCF Chart

Avanos Medical 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 - - - 30.75 50.24

Avanos Medical 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 37.14 36.74 32.64 50.24 52.78

Competitive Comparison of Avanos Medical's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Avanos Medical'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.


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

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

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



Avanos Medical 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.

Avanos Medical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.91/0.38
=52.39

* 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.

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

For example, Avanos Medical'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)
=-0.259/131.7762*131.7762
=-0.259

Current CPI (Mar. 2024) = 131.7762.

Avanos Medical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.808 100.560 1.059
201409 -0.189 100.428 -0.248
201412 0.483 99.070 0.642
201503 0.257 99.621 0.340
201506 -0.032 100.684 -0.042
201509 -0.006 100.392 -0.008
201512 0.365 99.792 0.482
201603 0.737 100.470 0.967
201606 0.968 101.688 1.254
201609 0.896 101.861 1.159
201612 0.805 101.863 1.041
201703 0.574 102.862 0.735
201706 0.285 103.349 0.363
201709 0.201 104.136 0.254
201712 1.093 104.011 1.385
201803 0.356 105.290 0.446
201806 -2.237 106.317 -2.773
201809 -1.615 106.507 -1.998
201812 -0.528 105.998 -0.656
201903 -0.749 107.251 -0.920
201906 -1.151 108.070 -1.403
201909 -0.497 108.329 -0.605
201912 -0.231 108.420 -0.281
202003 -0.229 108.902 -0.277
202006 -0.121 108.767 -0.147
202009 -0.040 109.815 -0.048
202012 -0.084 109.897 -0.101
202103 -0.188 111.754 -0.222
202106 0.195 114.631 0.224
202109 0.383 115.734 0.436
202112 0.946 117.630 1.060
202203 -0.067 121.301 -0.073
202206 0.481 125.017 0.507
202209 0.491 125.227 0.517
202212 0.617 125.222 0.649
202303 -0.232 127.348 -0.240
202306 -0.141 128.729 -0.144
202309 0.538 129.860 0.546
202312 0.147 129.419 0.150
202403 -0.259 131.776 -0.259

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.


Avanos Medical  (NYSE:AVNS) 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.


Avanos Medical Cyclically Adjusted Price-to-FCF Related Terms

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


Avanos Medical (Avanos Medical) Business Description

Traded in Other Exchanges
Address
5405 Windward Parkway, Suite 100 South, Alpharetta, GA, USA, 30004
Avanos Medical Inc is a United States-based company that develops and sells medical devices and related services globally. The firm operates in one segment, medical devices, which primarily sells products related to pain management, IV Therapy, and respiratory and digestive health. The company divides its Medical Devices segment into two franchises: Pain Management and Chronic Care. Pain Management provides non-opioid products for acute and interventional pain, including cold and compression therapy. Chronic Care aims at addressing digestive and respiratory issues with feeding tubes and catheters. Avanos generates most of its revenue from its Chronic Care franchise and in North America.
Executives
Sudhakar Varshney officer: SVP, Global Supply Chain 5405 WINDWARD PARKWAY, SUITE 100 SOUTH, ALPHARETTA GA 30004
Lisa Egbuonu-davis director C/O OMEGA HEALTHCARE INVESTORS, INC., 303 INTERNATIONAL CIRCLE, SUITE 200, HUNT VALLEY MD 21030
John Joseph Hurley officer: Principal Accounting Officer 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Patrick J Oleary director 31515 BALLANTYNE CORP, C/O SPX CORP, CHARLOTTE NC 28277
Mojirade James officer: SVP, General Counsel 5405 WINDWARD PKWY, ALPHARETTA GA 30004
Kerr Holbrook officer: SVP, GM Chronic Care 5405 WINDWARD PKWY, ALPHARETTA GA 30004
Michael Greiner officer: SVP - Chief Financial Officer C/O VISTAPRINT, 95 HAYDEN AVENUE, LEXINGTON MA 02421
David Edward Ball officer: SVP - Global Supply Chain AVANOS MEDICAL, INC., 5405 WINDWARD PKWY, ALPHARETTA GA 30004
William David Haydon officer: SVP, GM Pain Franchise 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Arjun Ranjan Sarker officer: Senior VP, International HALYARD HEALTH, INC., 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Gary Blackford director 7700 FRANCE AVENUE SOUTH, EDINA MN 55435
Joseph Fralin Woody director, officer: Chief Executive Officer 5405 WINDWARD PARKWAY, SUITE 100 SOUTH, ALPHARETTA GA 30004
Steven E Voskuil officer: See Remarks 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
John W Wesley director 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
John Raymond Tushar officer: President, Global Franchises HALYARD HEALTH, INC., 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004