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Amphastar Pharmaceuticals (FRA:29A) Cyclically Adjusted Price-to-FCF : 53.10 (As of May. 31, 2024)


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What is Amphastar Pharmaceuticals Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Amphastar Pharmaceuticals's current share price is €37.70. Amphastar Pharmaceuticals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.71. Amphastar Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is 53.10.

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

FRA:29A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 50.04   Med: 64.48   Max: 118.51
Current: 54.51

During the past years, Amphastar Pharmaceuticals's highest Cyclically Adjusted Price-to-FCF was 118.51. The lowest was 50.04. And the median was 64.48.

FRA:29A's Cyclically Adjusted Price-to-FCF is ranked worse than
67.4% of 319 companies
in the Drug Manufacturers industry
Industry Median: 31.64 vs FRA:29A: 54.51

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.

Amphastar Pharmaceuticals's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.807. 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 €0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amphastar Pharmaceuticals Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Amphastar Pharmaceuticals'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.

Amphastar Pharmaceuticals Cyclically Adjusted Price-to-FCF Chart

Amphastar Pharmaceuticals 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 - - - 50.13 96.17

Amphastar Pharmaceuticals 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 52.97 109.07 66.18 96.17 56.79

Competitive Comparison of Amphastar Pharmaceuticals's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Amphastar Pharmaceuticals'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.


Amphastar Pharmaceuticals's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amphastar Pharmaceuticals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Amphastar Pharmaceuticals 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.

Amphastar Pharmaceuticals's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.70/0.71
=53.10

* 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.

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

For example, Amphastar Pharmaceuticals'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)
=0.807/131.7762*131.7762
=0.807

Current CPI (Mar. 2024) = 131.7762.

Amphastar Pharmaceuticals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.042 100.560 -0.055
201409 0.164 100.428 0.215
201412 0.064 99.070 0.085
201503 -0.059 99.621 -0.078
201506 -0.019 100.684 -0.025
201509 -0.015 100.392 -0.020
201512 -0.016 99.792 -0.021
201603 0.192 100.470 0.252
201606 0.076 101.688 0.098
201609 -0.100 101.861 -0.129
201612 0.161 101.863 0.208
201703 0.294 102.862 0.377
201706 -0.032 103.349 -0.041
201709 -0.156 104.136 -0.197
201712 -0.006 104.011 -0.008
201803 -0.069 105.290 -0.086
201806 -0.142 106.317 -0.176
201809 0.056 106.507 0.069
201812 -0.001 105.998 -0.001
201903 -0.325 107.251 -0.399
201906 0.748 108.070 0.912
201909 -0.375 108.329 -0.456
201912 -0.050 108.420 -0.061
202003 -0.122 108.902 -0.148
202006 0.365 108.767 0.442
202009 0.054 109.815 0.065
202012 0.125 109.897 0.150
202103 0.258 111.754 0.304
202106 0.443 114.631 0.509
202109 -0.079 115.734 -0.090
202112 0.593 117.630 0.664
202203 0.780 121.301 0.847
202206 -0.056 125.017 -0.059
202209 0.282 125.227 0.297
202212 0.163 125.222 0.172
202303 0.555 127.348 0.574
202306 0.797 128.729 0.816
202309 0.941 129.860 0.955
202312 0.249 129.419 0.254
202403 0.807 131.776 0.807

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.


Amphastar Pharmaceuticals  (FRA:29A) 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.


Amphastar Pharmaceuticals Cyclically Adjusted Price-to-FCF Related Terms

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Amphastar Pharmaceuticals (FRA:29A) Business Description

Traded in Other Exchanges
Address
11570 6th Street, Rancho Cucamonga, CA, USA, 91730
Amphastar Pharmaceuticals Inc is a biopharmaceutical company that focuses primarily on developing, manufacturing, marketing, and selling technically challenging generic and proprietary injectable, inhalation, and intranasal products. Additionally, the company sells insulin API products. The company's finished products are used in hospital or urgent care clinical settings and are contracted and distributed through group purchasing organizations and drug wholesalers. The company has two reportable segments finished pharmaceutical products and API products. Geographically the business presence of the firm is seen in the United States, China and France of which the U.S. accounts for the majority of the revenue.

Amphastar Pharmaceuticals (FRA:29A) Headlines

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