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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Cyclically Adjusted Price-to-FCF : 27.31 (As of May. 23, 2024)


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What is Meinian Onehealth Healthcare Holdings Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Meinian Onehealth Healthcare Holdings Co's current share price is ¥4.37. Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.16. Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted Price-to-FCF for today is 27.31.

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

SZSE:002044' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.63   Med: 98.25   Max: 1342
Current: 29.42

During the past years, Meinian Onehealth Healthcare Holdings Co's highest Cyclically Adjusted Price-to-FCF was 1342.00. The lowest was 27.63. And the median was 98.25.

SZSE:002044's Cyclically Adjusted Price-to-FCF is ranked worse than
56.47% of 170 companies
in the Healthcare Providers & Services industry
Industry Median: 23.93 vs SZSE:002044: 29.42

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.

Meinian Onehealth Healthcare Holdings Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.151. 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 ¥0.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meinian Onehealth Healthcare Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings Co'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.

Meinian Onehealth Healthcare Holdings Co Cyclically Adjusted Price-to-FCF Chart

Meinian Onehealth Healthcare Holdings Co 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 401.06 179.69 66.94 45.47 36.52

Meinian Onehealth Healthcare Holdings Co 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 56.61 52.97 47.34 36.52 32.10

Competitive Comparison of Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Meinian Onehealth Healthcare Holdings Co'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.


Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted Price-to-FCF falls into.



Meinian Onehealth Healthcare Holdings Co 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.

Meinian Onehealth Healthcare Holdings Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.37/0.16
=27.31

* 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.

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

For example, Meinian Onehealth Healthcare Holdings Co'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)
=-0.151/115.2271*115.2271
=-0.151

Current CPI (Mar. 2024) = 115.2271.

Meinian Onehealth Healthcare Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.123 98.200 -0.144
201409 -0.051 98.900 -0.059
201412 0.080 99.000 0.093
201503 -0.084 99.900 -0.097
201506 -0.017 99.500 -0.020
201509 -0.007 100.500 -0.008
201512 0.096 100.600 0.110
201603 -0.078 102.200 -0.088
201606 -0.020 101.400 -0.023
201609 -0.001 102.400 -0.001
201612 0.142 102.600 0.159
201703 -0.129 103.200 -0.144
201706 -0.021 103.100 -0.023
201709 -0.048 104.100 -0.053
201712 0.326 104.500 0.359
201803 -0.126 105.300 -0.138
201806 -0.080 104.900 -0.088
201809 -0.035 106.600 -0.038
201812 0.295 106.500 0.319
201903 -0.181 107.700 -0.194
201906 -0.084 107.700 -0.090
201909 -0.045 109.800 -0.047
201912 0.556 111.200 0.576
202003 -0.262 112.300 -0.269
202006 0.055 110.400 0.057
202009 -0.020 111.700 -0.021
202012 0.424 111.500 0.438
202103 -0.211 112.662 -0.216
202106 0.056 111.769 0.058
202109 0.148 112.215 0.152
202112 0.518 113.108 0.528
202203 -0.141 114.335 -0.142
202206 -0.019 114.558 -0.019
202209 0.055 115.339 0.055
202212 0.358 115.116 0.358
202303 -0.034 115.116 -0.034
202306 -0.056 114.558 -0.056
202309 0.053 115.339 0.053
202312 0.415 114.781 0.417
202403 -0.151 115.227 -0.151

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.


Meinian Onehealth Healthcare Holdings Co  (SZSE:002044) 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.


Meinian Onehealth Healthcare Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072
Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Headlines

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