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DexCom (LTS:0A4M) Cyclically Adjusted Price-to-FCF : 430.33 (As of Jun. 05, 2024)


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What is DexCom Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), DexCom's current share price is $116.19. DexCom's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.27. DexCom's Cyclically Adjusted Price-to-FCF for today is 430.33.

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

LTS:0A4M' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 217.69   Med: 628.38   Max: 7281.25
Current: 277.36

During the past years, DexCom's highest Cyclically Adjusted Price-to-FCF was 7281.25. The lowest was 217.69. And the median was 628.38.

LTS:0A4M's Cyclically Adjusted Price-to-FCF is ranked worse than
96.62% of 237 companies
in the Medical Devices & Instruments industry
Industry Median: 43.21 vs LTS:0A4M: 277.36

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.

DexCom's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.365. 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 $0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DexCom Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DexCom'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.

DexCom Cyclically Adjusted Price-to-FCF Chart

DexCom 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 10,402.23 911.96 975.30 475.53 335.88

DexCom 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 439.74 431.26 264.93 335.88 333.85

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

For the Medical Devices subindustry, DexCom'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.


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

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

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



DexCom 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=116.19/0.27
=430.33

* 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.

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

For example, DexCom'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)
=0.365/131.7762*131.7762
=0.365

Current CPI (Mar. 2024) = 131.7762.

DexCom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.007 100.560 0.009
201409 0.025 100.428 0.033
201412 0.012 99.070 0.016
201503 -0.015 99.621 -0.020
201506 0.032 100.684 0.042
201509 0.033 100.392 0.043
201512 -0.001 99.792 -0.001
201603 -0.036 100.470 -0.047
201606 0.029 101.688 0.038
201609 0.021 101.861 0.027
201612 -0.013 101.863 -0.017
201703 -0.066 102.862 -0.085
201706 0.007 103.349 0.009
201709 0.065 104.136 0.082
201712 0.068 104.011 0.086
201803 -0.069 105.290 -0.086
201806 0.087 106.317 0.108
201809 0.091 106.507 0.113
201812 0.045 105.998 0.056
201903 -0.076 107.251 -0.093
201906 0.048 108.070 0.059
201909 0.121 108.329 0.147
201912 0.269 108.420 0.327
202003 -0.083 108.902 -0.100
202006 0.247 108.767 0.299
202009 0.252 109.815 0.302
202012 0.281 109.897 0.337
202103 -0.172 111.754 -0.203
202106 -0.093 114.631 -0.107
202109 0.323 115.734 0.368
202112 0.059 117.630 0.066
202203 -0.071 121.301 -0.077
202206 0.193 125.017 0.203
202209 0.434 125.227 0.457
202212 0.162 125.222 0.170
202303 0.193 127.348 0.200
202306 0.304 128.729 0.311
202309 0.513 129.860 0.521
202312 0.194 129.419 0.198
202403 0.365 131.776 0.365

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.


DexCom  (LTS:0A4M) 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.


DexCom Cyclically Adjusted Price-to-FCF Related Terms

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


DexCom (LTS:0A4M) Business Description

Address
6340 Sequence Drive, San Diego, CA, USA, 92121
Dexcom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery.

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