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Viatris (MIL:1VTRS) Cyclically Adjusted Price-to-FCF : 4.61 (As of May. 20, 2024)


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What is Viatris Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Viatris's current share price is €10.225. Viatris's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.22. Viatris's Cyclically Adjusted Price-to-FCF for today is 4.61.

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

MIL:1VTRS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.58   Med: 17.19   Max: 58.96
Current: 4.5

During the past years, Viatris's highest Cyclically Adjusted Price-to-FCF was 58.96. The lowest was 3.58. And the median was 17.19.

MIL:1VTRS's Cyclically Adjusted Price-to-FCF is ranked better than
96.95% of 328 companies
in the Drug Manufacturers industry
Industry Median: 33.52 vs MIL:1VTRS: 4.50

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.

Viatris's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.429. 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 €2.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viatris Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Viatris'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.

Viatris Cyclically Adjusted Price-to-FCF Chart

Viatris 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 9.99 9.66 6.25 4.76 4.56

Viatris 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 3.94 4.04 4.02 4.56 4.89

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

For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.


Viatris's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

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

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



Viatris 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.225/2.22
=4.61

* 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.

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

For example, Viatris'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)
=0.429/131.7762*131.7762
=0.429

Current CPI (Mar. 2024) = 131.7762.

Viatris Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.171 100.560 0.224
201409 0.107 100.428 0.140
201412 0.113 99.070 0.150
201503 0.432 99.621 0.571
201506 -0.089 100.684 -0.116
201509 0.981 100.392 1.288
201512 0.753 99.792 0.994
201603 -0.136 100.470 -0.178
201606 0.477 101.688 0.618
201609 1.814 101.861 2.347
201612 0.061 101.863 0.079
201703 0.551 102.862 0.706
201706 0.192 103.349 0.245
201709 0.659 104.136 0.834
201712 0.496 104.011 0.628
201803 0.390 105.290 0.488
201806 0.187 106.317 0.232
201809 0.985 106.507 1.219
201812 0.325 105.998 0.404
201903 -0.186 107.251 -0.229
201906 0.877 108.070 1.069
201909 0.754 108.329 0.917
201912 0.982 108.420 1.194
202003 0.316 108.902 0.382
202006 0.559 108.767 0.677
202009 0.764 109.815 0.917
202012 -0.406 109.897 -0.487
202103 0.553 111.754 0.652
202106 0.313 114.631 0.360
202109 0.669 115.734 0.762
202112 0.221 117.630 0.248
202203 0.798 121.301 0.867
202206 0.554 125.017 0.584
202209 0.625 125.227 0.658
202212 -0.018 125.222 -0.019
202303 0.688 127.348 0.712
202306 0.327 128.729 0.335
202309 0.568 129.860 0.576
202312 0.211 129.419 0.215
202403 0.429 131.776 0.429

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.


Viatris  (MIL:1VTRS) 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.


Viatris Cyclically Adjusted Price-to-FCF Related Terms

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


Viatris (MIL:1VTRS) Business Description

Industry
Traded in Other Exchanges
Address
1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. Remaining 60% of sales is derived from its portfolio of legacy products which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.

Viatris (MIL:1VTRS) Headlines

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