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Teva Pharmaceutical Industries (LTS:0LER) Cyclically Adjusted Price-to-FCF : 6.65 (As of May. 21, 2024)


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What is Teva Pharmaceutical Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Teva Pharmaceutical Industries's current share price is $16.425. Teva Pharmaceutical Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.47. Teva Pharmaceutical Industries's Cyclically Adjusted Price-to-FCF for today is 6.65.

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

LTS:0LER' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.63   Med: 4.61   Max: 21.06
Current: 6.96

During the past years, Teva Pharmaceutical Industries's highest Cyclically Adjusted Price-to-FCF was 21.06. The lowest was 1.63. And the median was 4.61.

LTS:0LER's Cyclically Adjusted Price-to-FCF is ranked better than
93.6% of 328 companies
in the Drug Manufacturers industry
Industry Median: 33.51 vs LTS:0LER: 6.96

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.

Teva Pharmaceutical Industries's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.221. 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 $2.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teva Pharmaceutical Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Teva Pharmaceutical Industries'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.

Teva Pharmaceutical Industries Cyclically Adjusted Price-to-FCF Chart

Teva Pharmaceutical Industries 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 2.71 2.69 2.53 3.38 4.19

Teva Pharmaceutical Industries 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 3.41 3.05 4.25 4.19 5.87

Competitive Comparison of Teva Pharmaceutical Industries's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Teva Pharmaceutical Industries'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.


Teva Pharmaceutical Industries's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Teva Pharmaceutical Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Teva Pharmaceutical Industries 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.

Teva Pharmaceutical Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.425/2.47
=6.65

* 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.

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

For example, Teva Pharmaceutical Industries'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)
=-0.221/131.7762*131.7762
=-0.221

Current CPI (Mar. 2024) = 131.7762.

Teva Pharmaceutical Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.005 100.560 1.317
201409 1.408 100.428 1.848
201412 1.686 99.070 2.243
201503 1.361 99.621 1.800
201506 1.526 100.684 1.997
201509 1.071 100.392 1.406
201512 1.561 99.792 2.061
201603 1.309 100.470 1.717
201606 0.857 101.688 1.111
201609 1.260 101.861 1.630
201612 -0.239 101.863 -0.309
201703 -0.065 102.862 -0.083
201706 0.238 103.349 0.303
201709 0.890 104.136 1.126
201712 0.583 104.011 0.739
201803 1.307 105.290 1.636
201806 0.026 106.317 0.032
201809 0.277 106.507 0.343
201812 0.150 105.998 0.186
201903 -0.012 107.251 -0.015
201906 -0.310 108.070 -0.378
201909 0.143 108.329 0.174
201912 0.384 108.420 0.467
202003 0.161 108.902 0.195
202006 0.129 108.767 0.156
202009 0.150 109.815 0.180
202012 0.142 109.897 0.170
202103 -0.501 111.754 -0.591
202106 0.095 114.631 0.109
202109 0.345 115.734 0.393
202112 0.275 117.630 0.308
202203 -0.186 121.301 -0.202
202206 -0.004 125.017 -0.004
202209 0.376 125.227 0.396
202212 0.747 125.222 0.786
202303 -0.255 127.348 -0.264
202306 0.183 128.729 0.187
202309 -0.127 129.860 -0.129
202312 0.952 129.419 0.969
202403 -0.221 131.776 -0.221

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.


Teva Pharmaceutical Industries  (LTS:0LER) 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.


Teva Pharmaceutical Industries Cyclically Adjusted Price-to-FCF Related Terms

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Teva Pharmaceutical Industries (LTS:0LER) Business Description

Address
124 Dvora HaNevi’a Street, Tel Aviv, ISR, 6944020
Teva Pharmaceutical, based in Israel, is the leading generic drug manufacturer in the world. Teva derives half of its sales from North America and makes up a high-single-digit percentage of the total number of generic prescriptions in the U.S. It also has a significant presence in Europe, Japan, Russia, and Israel. Besides generics, Teva has a portfolio of innovative medicines and biosimilars in three main therapeutic areas: central nervous system with Copaxone, Ajovy and Austedo; respiratory with Qvar and ProAir; and oncology with Truxima, Herzuma, and Bendeka/Treanda. Teva also sells active pharmaceutical ingredients, offers contract manufacturing services, and owns Anda, a U.S.-based generic and specialty drug distributor.

Teva Pharmaceutical Industries (LTS:0LER) Headlines

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