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Max Healthcare Institute (NSE:MAXHEALTH) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Max Healthcare Institute Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Max Healthcare Institute Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Max Healthcare Institute'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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Max Healthcare Institute Cyclically Adjusted Price-to-FCF Chart

Max Healthcare Institute Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Max Healthcare Institute Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Max Healthcare Institute's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Max Healthcare Institute'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.


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

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

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



Max Healthcare Institute 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.

Max Healthcare Institute's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Max Healthcare Institute's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=3.516/153.0345*153.0345
=3.516

Current CPI (Mar24) = 153.0345.

Max Healthcare Institute Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.000 97.163 0.000
201603 -16.182 102.518 -24.156
201703 0.752 105.196 1.094
201803 0.306 109.786 0.427
201903 -0.491 118.202 -0.636
202003 -0.287 124.705 -0.352
202103 -0.006 131.771 -0.007
202203 1.931 138.822 2.129
202303 9.764 146.865 10.174
202403 3.516 153.035 3.516

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.


Max Healthcare Institute  (NSE:MAXHEALTH) 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.


Max Healthcare Institute Cyclically Adjusted Price-to-FCF Related Terms

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Max Healthcare Institute (NSE:MAXHEALTH) Business Description

Traded in Other Exchanges
Address
Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

Max Healthcare Institute (NSE:MAXHEALTH) Headlines

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