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Alk-Abello A/S (OCSE:ALK B) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Alk-Abello A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alk-Abello A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alk-Abello A/S'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.

Alk-Abello A/S Cyclically Adjusted Price-to-FCF Chart

Alk-Abello A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Alk-Abello A/S 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 - - - - 639,719.39

Competitive Comparison of Alk-Abello A/S's Cyclically Adjusted Price-to-FCF

For the Biotechnology subindustry, Alk-Abello A/S'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.


Alk-Abello A/S's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alk-Abello A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alk-Abello A/S's Cyclically Adjusted Price-to-FCF falls into.



Alk-Abello A/S 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.

Alk-Abello A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alk-Abello A/S'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)
=1.062/118.4000*118.4000
=1.062

Current CPI (Mar. 2024) = 118.4000.

Alk-Abello A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.212 99.700 0.252
201409 -0.278 99.700 -0.330
201412 0.376 99.400 0.448
201503 -0.015 100.200 -0.018
201506 -0.398 100.300 -0.470
201509 -0.223 100.200 -0.264
201512 0.590 99.800 0.700
201603 0.663 100.200 0.783
201606 0.306 100.600 0.360
201609 -0.103 100.200 -0.122
201612 0.005 100.300 0.006
201703 -0.570 101.200 -0.667
201706 -1.662 101.200 -1.944
201709 -0.782 101.800 -0.910
201712 -0.283 101.300 -0.331
201803 -0.312 101.700 -0.363
201806 -0.593 102.300 -0.686
201809 -0.538 102.400 -0.622
201812 0.278 102.100 0.322
201903 0.000 102.900 0.000
201906 -0.602 102.900 -0.693
201909 -0.147 102.900 -0.169
201912 0.578 102.900 0.665
202003 0.095 103.300 0.109
202006 0.140 103.200 0.161
202009 -0.423 103.500 -0.484
202012 0.548 103.400 0.627
202103 0.406 104.300 0.461
202106 0.200 105.000 0.226
202109 0.096 105.800 0.107
202112 0.237 106.600 0.263
202203 0.155 109.900 0.167
202206 0.252 113.600 0.263
202209 0.027 116.400 0.027
202212 -0.136 115.900 -0.139
202303 0.271 117.300 0.274
202306 -0.514 116.400 -0.523
202309 0.427 117.400 0.431
202312 1.007 116.700 1.022
202403 1.062 118.400 1.062

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.


Alk-Abello A/S  (OCSE:ALK B) 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.


Alk-Abello A/S Cyclically Adjusted Price-to-FCF Related Terms

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Alk-Abello A/S (OCSE:ALK B) Business Description

Industry
Traded in Other Exchanges
Address
Boge Alle 6-8, Horsholm, DNK, DK-2970
Alk-Abello A/S is a biotechnology company that focuses on pharmaceutical prevention, diagnosis, and treatment of allergies. The company is focused on respiratory diseases, including allergic rhinitis and allergic asthma. Moreover, the firm specializes in venom immunotherapy for patients suffering from bee and wasp allergies. The company's treatments induce a protective immune response that provides sustained symptom relief. Its primary focus is on allergy patients whose disease is not well controlled, despite the use of symptom-relieving medication.

Alk-Abello A/S (OCSE:ALK B) Headlines

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