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HLS Therapeutics (TSX:HLS) Cyclically Adjusted Price-to-FCF : 4.75 (As of May. 23, 2024)


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What is HLS Therapeutics Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), HLS Therapeutics's current share price is C$3.85. HLS Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.81. HLS Therapeutics's Cyclically Adjusted Price-to-FCF for today is 4.75.

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

TSX:HLS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.89   Med: 6.57   Max: 24.01
Current: 4.74

During the past years, HLS Therapeutics's highest Cyclically Adjusted Price-to-FCF was 24.01. The lowest was 2.89. And the median was 6.57.

TSX:HLS's Cyclically Adjusted Price-to-FCF is ranked better than
96.17% of 313 companies
in the Drug Manufacturers industry
Industry Median: 33.44 vs TSX:HLS: 4.74

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.

HLS Therapeutics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.033. 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 C$0.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HLS Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HLS Therapeutics'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.

HLS Therapeutics Cyclically Adjusted Price-to-FCF Chart

HLS Therapeutics 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 22.18 20.21 16.85 11.48 4.74

HLS Therapeutics 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 7.31 6.78 5.93 4.74 4.92

Competitive Comparison of HLS Therapeutics's Cyclically Adjusted Price-to-FCF

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


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

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

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



HLS Therapeutics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.85/0.81
=4.75

* 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.

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

For example, HLS Therapeutics'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)
=0.033/126.2576*126.2576
=0.033

Current CPI (Mar. 2024) = 126.2576.

HLS Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.101 99.473 0.128
201409 0.209 99.394 0.265
201412 0.491 98.367 0.630
201503 0.051 99.789 0.065
201506 -0.203 100.500 -0.255
201509 -0.025 100.421 -0.031
201512 -0.021 99.947 -0.027
201603 -0.050 101.054 -0.062
201606 -0.040 102.002 -0.050
201609 0.103 101.765 0.128
201612 2.224 101.449 2.768
201703 -0.048 102.634 -0.059
201706 -0.067 103.029 -0.082
201709 -0.002 103.345 -0.002
201712 1.318 103.345 1.610
201803 0.677 105.004 0.814
201806 0.712 105.557 0.852
201809 0.300 105.636 0.359
201812 0.531 105.399 0.636
201903 0.393 106.979 0.464
201906 0.393 107.690 0.461
201909 -0.115 107.611 -0.135
201912 -0.117 107.769 -0.137
202003 -0.067 107.927 -0.078
202006 -0.271 108.401 -0.316
202009 -1.263 108.164 -1.474
202012 0.122 108.559 0.142
202103 0.230 110.298 0.263
202106 -0.031 111.720 -0.035
202109 0.131 112.905 0.146
202112 0.140 113.774 0.155
202203 0.223 117.646 0.239
202206 0.135 120.806 0.141
202209 -0.241 120.648 -0.252
202212 0.147 120.964 0.153
202303 0.170 122.702 0.175
202306 0.110 124.203 0.112
202309 0.225 125.230 0.227
202312 0.156 125.072 0.157
202403 0.033 126.258 0.033

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.


HLS Therapeutics  (TSX:HLS) 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.


HLS Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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HLS Therapeutics (TSX:HLS) Business Description

Traded in Other Exchanges
Address
10 Carlson Court, Suite 701, Etobicoke, ON, CAN, M9W6L2
HLS Therapeutics Inc is a specialty pharmaceutical company. It is focused on the acquisition and commercialization of branded pharmaceutical products in the North American markets. The company products include Clozaril, Vascepa, Trinomia, and Perseris. The company earns revenue in the form of product sales and royalties, out of which product sales contribute to the majority of the revenue. The company operates in Canada, the United States, and the Rest of the world.
Executives
Polar Asset Management Partners Inc. 10% Security Holder

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