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Globus Medical (FRA:GM0N) Cyclically Adjusted Price-to-FCF : 48.80 (As of Jun. 12, 2024)


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

As of today (2024-06-12), Globus Medical's current share price is €61.00. Globus Medical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.25. Globus Medical's Cyclically Adjusted Price-to-FCF for today is 48.80.

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

FRA:GM0N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.96   Med: 54.08   Max: 77.49
Current: 48.34

During the past years, Globus Medical's highest Cyclically Adjusted Price-to-FCF was 77.49. The lowest was 32.96. And the median was 54.08.

FRA:GM0N's Cyclically Adjusted Price-to-FCF is ranked worse than
58.05% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 42.85 vs FRA:GM0N: 48.34

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.

Globus Medical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.162. 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 €1.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globus Medical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Globus 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.

Globus Medical Cyclically Adjusted Price-to-FCF Chart

Globus 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 - 67.15 61.56 58.30 39.25

Globus 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 43.03 44.32 37.02 39.25 39.21

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

For the Medical Devices subindustry, Globus 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.


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

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

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



Globus 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=61.00/1.25
=48.80

* 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.

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

For example, Globus 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)
=0.162/131.7762*131.7762
=0.162

Current CPI (Mar. 2024) = 131.7762.

Globus Medical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.048 100.560 0.063
201409 0.262 100.428 0.344
201412 -0.061 99.070 -0.081
201503 0.264 99.621 0.349
201506 -0.044 100.684 -0.058
201509 0.172 100.392 0.226
201512 0.305 99.792 0.403
201603 0.431 100.470 0.565
201606 0.115 101.688 0.149
201609 0.333 101.861 0.431
201612 0.119 101.863 0.154
201703 0.403 102.862 0.516
201706 0.113 103.349 0.144
201709 0.188 104.136 0.238
201712 0.269 104.011 0.341
201803 0.322 105.290 0.403
201806 0.156 106.317 0.193
201809 0.307 106.507 0.380
201812 0.235 105.998 0.292
201903 0.096 107.251 0.118
201906 0.068 108.070 0.083
201909 0.390 108.329 0.474
201912 0.337 108.420 0.410
202003 0.177 108.902 0.214
202006 0.119 108.767 0.144
202009 0.304 109.815 0.365
202012 0.536 109.897 0.643
202103 0.409 111.754 0.482
202106 0.408 114.631 0.469
202109 0.484 115.734 0.551
202112 0.503 117.630 0.563
202203 0.216 121.301 0.235
202206 0.121 125.017 0.128
202209 0.209 125.227 0.220
202212 0.421 125.222 0.443
202303 0.341 127.348 0.353
202306 0.156 128.729 0.160
202309 0.235 129.860 0.238
202312 0.543 129.419 0.553
202403 0.162 131.776 0.162

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.


Globus Medical  (FRA:GM0N) 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.


Globus Medical Cyclically Adjusted Price-to-FCF Related Terms

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


Globus Medical (FRA:GM0N) Business Description

Traded in Other Exchanges
Address
2560 General Armistead Avenue, Audubon, PA, USA, 19403
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.

Globus Medical (FRA:GM0N) Headlines

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