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United Therapeutics (United Therapeutics) Cyclically Adjusted Price-to-FCF : 20.92 (As of Apr. 28, 2024)


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

As of today (2024-04-28), United Therapeutics's current share price is $233.85. United Therapeutics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $11.18. United Therapeutics's Cyclically Adjusted Price-to-FCF for today is 20.92.

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

UTHR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.65   Med: 23.52   Max: 78.63
Current: 20.92

During the past years, United Therapeutics's highest Cyclically Adjusted Price-to-FCF was 78.63. The lowest was 12.65. And the median was 23.52.

UTHR's Cyclically Adjusted Price-to-FCF is ranked better than
84.16% of 101 companies
in the Biotechnology industry
Industry Median: 54.65 vs UTHR: 20.92

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.

United Therapeutics's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.440. 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 $11.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Therapeutics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United 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.

United Therapeutics Cyclically Adjusted Price-to-FCF Chart

United 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 13.70 19.70 24.45 27.04 19.67

United Therapeutics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 27.04 20.55 20.17 20.01 19.67

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

For the Biotechnology subindustry, United 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.


United Therapeutics's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

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

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



United 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=233.85/11.18
=20.92

* 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.

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

For example, United Therapeutics'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)
=1.44/129.4194*129.4194
=1.440

Current CPI (Dec. 2023) = 129.4194.

United Therapeutics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.622 99.695 2.106
201406 -1.264 100.560 -1.627
201409 4.121 100.428 5.311
201412 1.646 99.070 2.150
201503 2.251 99.621 2.924
201506 0.717 100.684 0.922
201509 3.918 100.392 5.051
201512 -0.121 99.792 -0.157
201603 2.398 100.470 3.089
201606 2.458 101.688 3.128
201609 4.753 101.861 6.039
201612 3.397 101.863 4.316
201703 4.688 102.862 5.898
201706 1.109 103.349 1.389
201709 5.363 104.136 6.665
201712 -2.582 104.011 -3.213
201803 5.424 105.290 6.667
201806 2.910 106.317 3.542
201809 4.455 106.507 5.413
201812 0.764 105.998 0.933
201903 -14.931 107.251 -18.017
201906 2.559 108.070 3.065
201909 3.905 108.329 4.665
201912 1.776 108.420 2.120
202003 4.571 108.902 5.432
202006 3.284 108.767 3.908
202009 5.271 109.815 6.212
202012 2.520 109.897 2.968
202103 1.707 111.754 1.977
202106 2.789 114.631 3.149
202109 3.410 115.734 3.813
202112 2.171 117.630 2.389
202203 5.769 121.301 6.155
202206 2.287 125.017 2.368
202209 3.897 125.227 4.027
202212 1.796 125.222 1.856
202303 6.724 127.348 6.833
202306 1.244 128.729 1.251
202309 5.644 129.860 5.625
202312 1.440 129.419 1.440

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.


United Therapeutics  (NAS:UTHR) 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.


United Therapeutics Cyclically Adjusted Price-to-FCF Related Terms

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


United Therapeutics (United Therapeutics) Business Description

Traded in Other Exchanges
Address
1040 Spring Street, Silver Spring, MD, USA, 20910
United Therapeutics specializes in drug development for pulmonary arterial hypertension, a rare and progressive disease marked by abnormally high blood pressure in the arteries of the lungs. The company's therapies for PAH largely focus on the prostacyclin pathway, and many of its treatments are based on the same molecule, treprostinil. Most of the company's sales are generated within the United States. United Therapeutics also markets a pediatric oncology drug, but its focus largely remains in pulmonary arterial hypertension.
Executives
Paul A Mahon officer: EVP & General Counsel
Nilda Mesa director C/O UNITED THERAPEUTICS CORPORATION, 1040 SPRING STREET, SILVER SPRING MD 20910
Christopher Causey director
Martine A Rothblatt director, officer: Chief Executive Officer
Louis W Sullivan director
Judy D. Olian director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
Michael Benkowitz officer: President and COO C/O UNITED THERAPEUTICS CORP, 1040 SPRING STREET, SILVER SPRING MD 20910
Christopher Patusky director
Raymond Dwek director
Linda Maxwell director 1040 SPRING STREET, SILVER SPRING NC 27709
Tommy G Thompson director 7711 CARONDELET, ST. LOUIS MO 63105
Katherine J Klein director STEINBERG HALL-DIETRICH HALL, 3620 LOCUST WALK, PHILADELPHIA PA 19104
Richard Giltner director C/O UNITED THERAPEUTICS CORPORTION, 1735 CONNECTICUT AVE. NW, WASHINGTON DC 20009
Roger Jeffs director, officer: President and COO
David Zaccardelli officer: EVP & Chief Operating Officer 300 TRI STATE INTERNATIONAL, SUITE 272, LINCOLNSHIRE IL 60069