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Hologic (FRA:HO1) Cyclically Adjusted Price-to-FCF : 18.77 (As of May. 22, 2024)


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What is Hologic Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Hologic's current share price is €68.50. Hologic's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.65. Hologic's Cyclically Adjusted Price-to-FCF for today is 18.77.

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

FRA:HO1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.09   Med: 23.67   Max: 40.88
Current: 18.89

During the past years, Hologic's highest Cyclically Adjusted Price-to-FCF was 40.88. The lowest was 17.09. And the median was 23.67.

FRA:HO1's Cyclically Adjusted Price-to-FCF is ranked better than
77.12% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 44.395 vs FRA:HO1: 18.89

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.

Hologic's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.024. 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 €3.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hologic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hologic'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.

Hologic Cyclically Adjusted Price-to-FCF Chart

Hologic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.07 35.81 28.18 18.40 18.23

Hologic 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 22.01 21.76 18.23 18.78 19.67

Competitive Comparison of Hologic's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Hologic'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.


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

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

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



Hologic 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.50/3.65
=18.77

* 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.

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

For example, Hologic'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)
=1.024/131.7762*131.7762
=1.024

Current CPI (Mar. 2024) = 131.7762.

Hologic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.365 100.560 0.478
201409 0.293 100.428 0.384
201412 0.379 99.070 0.504
201503 0.447 99.621 0.591
201506 0.682 100.684 0.893
201509 0.640 100.392 0.840
201512 0.477 99.792 0.630
201603 0.390 100.470 0.512
201606 0.713 101.688 0.924
201609 0.633 101.861 0.819
201612 0.483 101.863 0.625
201703 0.192 102.862 0.246
201706 -1.349 103.349 -1.720
201709 0.392 104.136 0.496
201712 0.443 104.011 0.561
201803 0.206 105.290 0.258
201806 0.650 106.317 0.806
201809 0.629 106.507 0.778
201812 0.265 105.998 0.329
201903 0.343 107.251 0.421
201906 0.436 108.070 0.532
201909 0.730 108.329 0.888
201912 0.275 108.420 0.334
202003 0.295 108.902 0.357
202006 0.640 108.767 0.775
202009 1.238 109.815 1.486
202012 1.900 109.897 2.278
202103 1.610 111.754 1.898
202106 1.988 114.631 2.285
202109 1.391 115.734 1.584
202112 1.820 117.630 2.039
202203 3.686 121.301 4.004
202206 1.140 125.017 1.202
202209 0.548 125.227 0.577
202212 0.849 125.222 0.893
202303 0.651 127.348 0.674
202306 1.108 128.729 1.134
202309 0.782 129.860 0.794
202312 0.695 129.419 0.708
202403 1.024 131.776 1.024

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.


Hologic  (FRA:HO1) 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.


Hologic Cyclically Adjusted Price-to-FCF Related Terms

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


Hologic (FRA:HO1) Business Description

Traded in Other Exchanges
Address
250 Campus Drive, Marlborough, MA, USA, 01752
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in five segments: diagnostics (60% of total sales, boosted by pandemic), breast health (14% of sales, suppressed by pandemic), surgical (11%), and skeletal health (1%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.

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