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Cerner (Cerner) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Cerner Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerner Cyclically Adjusted Price-to-FCF Historical Data

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

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cerner's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, Cerner'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.


Cerner's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cerner's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cerner 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.

Cerner's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Cerner's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.917/121.3010*121.3010
=0.917

Current CPI (Mar. 2022) = 121.3010.

Cerner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.298 96.819 0.373
201209 0.293 97.633 0.364
201212 0.238 96.871 0.298
201303 0.302 98.209 0.373
201306 0.099 98.518 0.122
201309 0.082 98.790 0.101
201312 -0.167 98.326 -0.206
201403 0.109 99.695 0.133
201406 0.400 100.560 0.483
201409 0.298 100.428 0.360
201412 0.277 99.070 0.339
201503 0.187 99.621 0.228
201506 -0.141 100.684 -0.170
201509 0.285 100.392 0.344
201512 0.792 99.792 0.963
201603 0.457 100.470 0.552
201606 0.170 101.688 0.203
201609 0.352 101.861 0.419
201612 0.401 101.863 0.478
201703 0.411 102.862 0.485
201706 0.330 103.349 0.387
201709 0.634 104.136 0.739
201712 0.525 104.011 0.612
201803 0.734 105.290 0.846
201806 0.339 106.317 0.387
201809 0.443 106.507 0.505
201812 0.571 105.998 0.653
201903 0.350 107.251 0.396
201906 -0.094 108.070 -0.106
201909 0.520 108.329 0.582
201912 0.896 108.420 1.002
202003 0.483 108.902 0.538
202006 0.173 108.767 0.193
202009 0.739 109.815 0.816
202012 1.254 109.897 1.384
202103 0.919 111.754 0.998
202106 0.508 114.631 0.538
202109 1.020 115.734 1.069
202112 1.366 117.630 1.409
202203 0.917 121.301 0.917

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.


Cerner  (NAS:CERN) 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.


Cerner Cyclically Adjusted Price-to-FCF Related Terms

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


Cerner (Cerner) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.
Executives
Michael R. Battaglioli officer: VP & Chief Accounting Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Tracy L Platt officer: Chief Human Resources Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Nasim Afsarmanesh officer: EVP & Chief Health Officer 2800 ROCK CREEK PARKWAY NORTH KANSAS CITY MO 64117
David T Feinberg director, officer: President and CEO 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Daniel Devers officer: EVP & Chief Legal Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Mark J Erceg officer: Exec. VP & CFO 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
William D Zollars director 10777 BARKLEY, PO BOX 7563, OVERLAND PARK KS 66207-0563
Travis Dalton officer: EVP & Chief Client & Serv. Off 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
John Peterzalek other: President, Cerner South East
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Bisbee Gerald E Jr director C/O CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117-2551
Linda M Dillman director 5221 PRESTWICK NORTH CIRCLE FAYETTEVILLE AR 72704
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Donald Trigg officer: SVP 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117

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