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Hologic (LTS:0J5Q) Cyclically Adjusted Price-to-FCF : 18.87 (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 $74.54. Hologic's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.95. Hologic's Cyclically Adjusted Price-to-FCF for today is 18.87.

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

LTS:0J5Q' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.09   Med: 23.67   Max: 40.88
Current: 18.81

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.

LTS:0J5Q's Cyclically Adjusted Price-to-FCF is ranked better than
77.19% of 228 companies
in the Medical Devices & Instruments industry
Industry Median: 44.93 vs LTS:0J5Q: 18.81

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 $1.113. 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 $3.95 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
=74.54/3.95
=18.87

* 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)
=1.113/131.7762*131.7762
=1.113

Current CPI (Mar. 2024) = 131.7762.

Hologic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.496 100.560 0.650
201409 0.378 100.428 0.496
201412 0.468 99.070 0.623
201503 0.484 99.621 0.640
201506 0.765 100.684 1.001
201509 0.719 100.392 0.944
201512 0.520 99.792 0.687
201603 0.434 100.470 0.569
201606 0.802 101.688 1.039
201609 0.711 101.861 0.920
201612 0.510 101.863 0.660
201703 0.205 102.862 0.263
201706 -1.515 103.349 -1.932
201709 0.467 104.136 0.591
201712 0.525 104.011 0.665
201803 0.254 105.290 0.318
201806 0.760 106.317 0.942
201809 0.734 106.507 0.908
201812 0.301 105.998 0.374
201903 0.387 107.251 0.475
201906 0.493 108.070 0.601
201909 0.804 108.329 0.978
201912 0.306 108.420 0.372
202003 0.326 108.902 0.394
202006 0.720 108.767 0.872
202009 1.458 109.815 1.750
202012 2.312 109.897 2.772
202103 1.917 111.754 2.260
202106 2.395 114.631 2.753
202109 1.636 115.734 1.863
202112 2.057 117.630 2.304
202203 4.060 121.301 4.411
202206 1.205 125.017 1.270
202209 0.542 125.227 0.570
202212 0.900 125.222 0.947
202303 0.697 127.348 0.721
202306 1.200 128.729 1.228
202309 0.834 129.860 0.846
202312 0.758 129.419 0.772
202403 1.113 131.776 1.113

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  (LTS:0J5Q) 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

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Hologic (LTS:0J5Q) 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.

Hologic (LTS:0J5Q) Headlines

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