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Aurora Cannabis (TSX:ACB) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Aurora Cannabis Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurora Cannabis Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aurora Cannabis'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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Aurora Cannabis Cyclically Adjusted Price-to-FCF Chart

Aurora Cannabis Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted Price-to-FCF
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Aurora Cannabis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Aurora Cannabis's Cyclically Adjusted Price-to-FCF

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


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

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

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



Aurora Cannabis 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.

Aurora Cannabis's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aurora Cannabis's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.17/125.4675*125.4675
=-0.170

Current CPI (Dec. 2023) = 125.4675.

Aurora Cannabis Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.104 98.604 0.132
201406 -6.540 99.473 -8.249
201409 -11.462 99.394 -14.469
201412 -8.831 98.367 -11.264
201503 -2.542 99.789 -3.196
201506 -0.858 100.500 -1.071
201509 -0.787 100.421 -0.983
201512 -1.796 99.947 -2.255
201603 -3.184 101.054 -3.953
201606 -1.733 102.002 -2.132
201609 -2.291 101.765 -2.825
201612 -3.341 101.449 -4.132
201703 -6.634 102.634 -8.110
201706 -3.679 103.029 -4.480
201709 -8.305 103.345 -10.083
201712 -11.166 103.345 -13.556
201803 -17.703 105.004 -21.153
201806 -16.771 105.557 -19.934
201809 -19.630 105.636 -23.315
201812 -17.573 105.399 -20.919
201903 -18.109 106.979 -21.239
201906 -20.339 107.690 -23.697
201909 -23.282 107.611 -27.145
201912 -28.831 107.769 -33.566
202003 -14.268 107.927 -16.587
202006 -7.650 108.401 -8.854
202009 -10.645 108.164 -12.348
202012 -4.596 108.559 -5.312
202103 -3.588 110.298 -4.081
202106 0.413 111.720 0.464
202109 -1.352 112.905 -1.502
202112 -1.729 113.774 -1.907
202203 -2.110 117.646 -2.250
202206 -1.451 120.806 -1.507
202209 -1.221 120.648 -1.270
202212 -1.950 120.964 -2.023
202303 -0.855 122.702 -0.874
202306 -0.439 124.203 -0.443
202309 -0.913 125.230 -0.915
202312 -0.170 125.468 -0.170

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.


Aurora Cannabis  (TSX:ACB) 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.


Aurora Cannabis Cyclically Adjusted Price-to-FCF Related Terms

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


Aurora Cannabis (TSX:ACB) Business Description

Traded in Other Exchanges
Address
3498 63 Avenue, Leduc, AB, CAN, T9E 0G8
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.
Executives
Andre Jerome Senior Officer
Alex Miller Senior Officer
Lori Schick Senior Officer

Aurora Cannabis (TSX:ACB) Headlines