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OPKO Health (LTS:0KCS) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is OPKO Health Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


OPKO Health Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for OPKO Health'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.

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OPKO Health Cyclically Adjusted Price-to-FCF Chart

OPKO Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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OPKO Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of OPKO Health's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, OPKO Health'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.


OPKO Health's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, OPKO Health's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



OPKO Health 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.

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

For example, OPKO Health'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)
=-0.057/131.7762*131.7762
=-0.057

Current CPI (Mar. 2024) = 131.7762.

OPKO Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.057 100.560 -0.075
201409 -0.053 100.428 -0.070
201412 -0.059 99.070 -0.078
201503 0.534 99.621 0.706
201506 -0.076 100.684 -0.099
201509 -0.076 100.392 -0.100
201512 -0.029 99.792 -0.038
201603 -0.035 100.470 -0.046
201606 0.071 101.688 0.092
201609 -0.074 101.861 -0.096
201612 0.050 101.863 0.065
201703 -0.078 102.862 -0.100
201706 -0.053 103.349 -0.068
201709 -0.094 104.136 -0.119
201712 -0.022 104.011 -0.028
201803 -0.074 105.290 -0.093
201806 -0.043 106.317 -0.053
201809 -0.061 106.507 -0.075
201812 -0.066 105.998 -0.082
201903 -0.089 107.251 -0.109
201906 -0.097 108.070 -0.118
201909 -0.045 108.329 -0.055
201912 -0.080 108.420 -0.097
202003 -0.076 108.902 -0.092
202006 -0.041 108.767 -0.050
202009 0.083 109.815 0.100
202012 0.043 109.897 0.052
202103 0.026 111.754 0.031
202106 -0.038 114.631 -0.044
202109 0.040 115.734 0.046
202112 -0.019 117.630 -0.021
202203 -0.038 121.301 -0.041
202206 -0.024 125.017 -0.025
202209 -0.053 125.227 -0.056
202212 -0.050 125.222 -0.053
202303 -0.034 127.348 -0.035
202306 -0.008 128.729 -0.008
202309 0.038 129.860 0.039
202312 -0.055 129.419 -0.056
202403 -0.057 131.776 -0.057

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.


OPKO Health  (LTS:0KCS) 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.


OPKO Health Cyclically Adjusted Price-to-FCF Related Terms

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OPKO Health (LTS:0KCS) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
OPKO Health Inc is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Opko's diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a global supply-chain operation and holding company in Ireland. Opko also owns a speciality active pharmaceutical ingredients manufacturer in Israel. The company's bio-reference testing business consists of routine testing and esoteric testing. Routine tests measure various health parameters, such as the functions of the heart, kidney, liver, thyroid, and other organs.

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