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Sanofi (Sanofi) Cyclically Adjusted Price-to-FCF : 16.16 (As of Apr. 27, 2024)


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What is Sanofi Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Sanofi's current share price is $49.13. Sanofi's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $3.04. Sanofi's Cyclically Adjusted Price-to-FCF for today is 16.16.

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

SNY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.15   Med: 16.37   Max: 21.42
Current: 16.69

During the past 13 years, Sanofi's highest Cyclically Adjusted Price-to-FCF was 21.42. The lowest was 12.15. And the median was 16.37.

SNY's Cyclically Adjusted Price-to-FCF is ranked better than
76.54% of 324 companies
in the Drug Manufacturers industry
Industry Median: 32.655 vs SNY: 16.69

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.

Sanofi's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $3.139. 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 $3.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanofi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sanofi'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.

Sanofi Cyclically Adjusted Price-to-FCF Chart

Sanofi 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 18.05 16.75 18.17 17.19 16.35

Sanofi Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.17 - 17.19 - 16.35

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

For the Drug Manufacturers - General subindustry, Sanofi'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.


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

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

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



Sanofi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.13/3.04
=16.16

* 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.

Sanofi's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sanofi's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.139/118.2300*118.2300
=3.139

Current CPI (Dec23) = 118.2300.

Sanofi Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.889 99.860 3.420
201512 2.535 100.040 2.996
201612 2.483 100.650 2.917
201712 2.533 101.850 2.940
201812 1.618 103.470 1.849
201912 2.620 104.980 2.951
202012 2.575 104.960 2.901
202112 3.808 107.850 4.175
202212 3.508 114.160 3.633
202312 3.139 118.230 3.139

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.


Sanofi  (NAS:SNY) 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.


Sanofi Cyclically Adjusted Price-to-FCF Related Terms

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


Sanofi (Sanofi) Business Description

Industry
Address
46, avenue de la Grande Armée, Paris, FRA, 75017
Sanofi develops and markets drugs with a concentration in oncology, immunology, cardiovascular disease, diabetes, and vaccines. However, the company's decision in late 2019 to pull back from the cardio-metabolic area will likely reduce the firm's footprint in this large therapeutic area. The company offers a diverse array of drugs with its highest revenue generator, Dupixent, representing just over 15% of total sales, but profits are shared with Regeneron. About 40% of total revenue comes from the United States and 25% from Europe. Emerging markets represent the majority of the remainder of revenue.