ISRG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ISRG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-04-27), Intuitive Surgical's current share price is $375.33. Intuitive Surgical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.28. Intuitive Surgical's Cyclically Adjusted Price-to-FCF for today is 114.43.
The historical rank and industry rank for Intuitive Surgical's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
During the past years, Intuitive Surgical's highest Cyclically Adjusted Price-to-FCF was 124.48. The lowest was 38.46. And the median was 72.57.
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.
Intuitive Surgical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.065. 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 $3.28 for the trailing ten years ended in Mar. 2024.
The historical data trend for Intuitive Surgical'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.
Intuitive Surgical 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 | 77.19 | 99.89 | 84.19 | 101.40 | 121.86 |
For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.
For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Intuitive Surgical's Cyclically Adjusted Price-to-FCF falls into.
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.
Intuitive Surgical's Cyclically Adjusted Price-to-FCF for today is calculated as
Cyclically Adjusted Price-to-FCF | = | Share Price | / | Cyclically Adjusted FCF per Share |
= | 375.33 | / | 3.28 | |
= | 114.43 |
* 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.
Intuitive Surgical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Intuitive Surgical'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) |
= | 0.065 | / | 129.4194 | * | 129.4194 | |
= | 0.065 |
Current CPI (Mar. 2024) = 129.4194.
Intuitive Surgical Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201406 | 0.400 | 100.560 | 0.515 |
201409 | 0.412 | 100.428 | 0.531 |
201412 | 0.386 | 99.070 | 0.504 |
201503 | 0.308 | 99.621 | 0.400 |
201506 | 0.504 | 100.684 | 0.648 |
201509 | 0.442 | 100.392 | 0.570 |
201512 | 0.867 | 99.792 | 1.124 |
201603 | 0.627 | 100.470 | 0.808 |
201606 | 0.709 | 101.688 | 0.902 |
201609 | 0.710 | 101.861 | 0.902 |
201612 | 0.875 | 101.863 | 1.112 |
201703 | 0.544 | 102.862 | 0.684 |
201706 | 0.466 | 103.349 | 0.584 |
201709 | 0.863 | 104.136 | 1.073 |
201712 | 0.854 | 104.011 | 1.063 |
201803 | 0.678 | 105.290 | 0.833 |
201806 | 0.525 | 106.317 | 0.639 |
201809 | 0.763 | 106.507 | 0.927 |
201812 | 0.789 | 105.998 | 0.963 |
201903 | 0.609 | 107.251 | 0.735 |
201906 | 0.654 | 108.070 | 0.783 |
201909 | 0.865 | 108.329 | 1.033 |
201912 | 1.144 | 108.420 | 1.366 |
202003 | 0.689 | 108.902 | 0.819 |
202006 | 0.334 | 108.767 | 0.397 |
202009 | 0.581 | 109.815 | 0.685 |
202012 | 1.555 | 109.897 | 1.831 |
202103 | 1.151 | 111.754 | 1.333 |
202106 | 1.280 | 114.631 | 1.445 |
202109 | 1.181 | 115.734 | 1.321 |
202112 | 1.171 | 117.630 | 1.288 |
202203 | 0.353 | 121.301 | 0.377 |
202206 | 0.869 | 125.017 | 0.900 |
202209 | 0.594 | 125.227 | 0.614 |
202212 | 0.837 | 125.222 | 0.865 |
202303 | 0.498 | 127.348 | 0.506 |
202306 | 1.364 | 128.729 | 1.371 |
202309 | 0.815 | 129.860 | 0.812 |
202312 | -0.578 | 129.419 | -0.578 |
202403 | 0.065 | 129.419 | 0.065 |
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.
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.
Thank you for viewing the detailed overview of Intuitive Surgical's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Alan J Levy | director | C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086 |
Robert Desantis | officer: Executive VP & GM IA&E | C/O INTUITIVE SURGICAL, INC., 1020 KIFER ROAD, SUNNYVALE CA 94086 |
Sreelakshmi Kolli | director | C/O ALIGN TECHNOLOGY INC., 2820 ORCHARD PARKWAY, SAN JOSE CA 94131 |
Gary S Guthart | director, officer: President & CEO, other: President & CEO | C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086 |
Amy L Ladd | director | INTUITIVE SURGICAL, INC, 1020 KIFER RD, SUNNYVALE CA 94086 |
Craig H Barratt | director | |
Marshall Mohr | officer: SVP & CFO | C/O INTUITIVE SURGICAL, INC, 1266 KIFER ROAD, SUNNYVALE CA 94086 |
Mark J Rubash | director | |
David J. Rosa | officer: Sr VP Emerging Procedures & Te | 1266 KIFER ROAD, SUNNYVALE CA 94086 |
Fredrik Widman | officer: VP Corporate Controller | 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086 |
Myriam Curet | officer: SVP & Chief Medical Officer, other: SVP & Chief Medical Officer | 1020 KIFER ROAD, SUNNYVALE CA 94086 |
Michele Dimartino | officer: See Remarks | 1020 KIFER ROAD, SUNNYVALE CA 94086 |
Amal M Johnson | director | C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085 |
Gary Loeb | officer: General Counsel & CCO | 5885 HOLLIS ST., SUITE 100, EMERYVILLE CA 94608 |
Henry L Charlton | officer: Senior Vice President & Chief | 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086 |
From GuruFocus
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024