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HCA Healthcare (STU:2BH) Cyclically Adjusted Price-to-FCF : 23.78 (As of May. 26, 2024)


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What is HCA Healthcare Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), HCA Healthcare's current share price is €293.50. HCA Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €12.34. HCA Healthcare's Cyclically Adjusted Price-to-FCF for today is 23.78.

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

STU:2BH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.98   Med: 21.02   Max: 28.85
Current: 23.81

During the past years, HCA Healthcare's highest Cyclically Adjusted Price-to-FCF was 28.85. The lowest was 10.98. And the median was 21.02.

STU:2BH's Cyclically Adjusted Price-to-FCF is ranked worse than
50.59% of 170 companies
in the Healthcare Providers & Services industry
Industry Median: 23.48 vs STU:2BH: 23.81

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.

HCA Healthcare's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €4.637. 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 €12.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HCA Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HCA Healthcare'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.

HCA Healthcare Cyclically Adjusted Price-to-FCF Chart

HCA Healthcare 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 22.72 20.50 26.53 21.66 21.38

HCA Healthcare 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 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 23.15 25.58 19.96 21.38 24.92

Competitive Comparison of HCA Healthcare's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, HCA Healthcare'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.


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

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

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



HCA Healthcare 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=293.50/12.34
=23.78

* 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.

HCA Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, HCA Healthcare'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)
=4.637/131.7762*131.7762
=4.637

Current CPI (Mar. 2024) = 131.7762.

HCA Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.197 100.560 1.569
201409 0.970 100.428 1.273
201412 1.705 99.070 2.268
201503 1.214 99.621 1.606
201506 1.035 100.684 1.355
201509 1.116 100.392 1.465
201512 1.665 99.792 2.199
201603 1.947 100.470 2.554
201606 1.531 101.688 1.984
201609 1.130 101.861 1.462
201612 2.028 101.863 2.624
201703 1.745 102.862 2.236
201706 1.591 103.349 2.029
201709 0.633 104.136 0.801
201712 1.746 104.011 2.212
201803 1.328 105.290 1.662
201806 1.693 106.317 2.098
201809 2.120 106.507 2.623
201812 2.546 105.998 3.165
201903 0.488 107.251 0.600
201906 2.624 108.070 3.200
201909 2.579 108.329 3.137
201912 3.195 108.420 3.883
202003 1.373 108.902 1.661
202006 20.739 108.767 25.126
202009 5.509 109.815 6.611
202012 -10.308 109.897 -12.360
202103 3.264 111.754 3.849
202106 3.516 114.631 4.042
202109 3.641 115.734 4.146
202112 3.512 117.630 3.934
202203 1.430 121.301 1.553
202206 1.757 125.017 1.852
202209 6.582 125.227 6.926
202212 3.980 125.222 4.188
202303 2.015 127.348 2.085
202306 4.094 128.729 4.191
202309 4.532 129.860 4.599
202312 5.124 129.419 5.217
202403 4.637 131.776 4.637

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.


HCA Healthcare  (STU:2BH) 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.


HCA Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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


HCA Healthcare (STU:2BH) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

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