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HCA Healthcare (HCA Healthcare) Cyclically Adjusted Price-to-FCF : 24.23 (As of Apr. 27, 2024)


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

As of today (2024-04-27), HCA Healthcare's current share price is $306.69. HCA Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $12.66. HCA Healthcare's Cyclically Adjusted Price-to-FCF for today is 24.23.

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

HCA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.98   Med: 20.98   Max: 28.85
Current: 24.22

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 20.98.

HCA's Cyclically Adjusted Price-to-FCF is ranked worse than
50.61% of 164 companies
in the Healthcare Providers & Services industry
Industry Median: 24.535 vs HCA: 24.22

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 Dec. 2023 was $5.588. 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 $12.66 for the trailing ten years ended in Dec. 2023.

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
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 21.66 23.15 25.58 19.96 21.38

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
=306.69/12.66
=24.23

* 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 Dec. 2023 is calculated as:

For example, HCA Healthcare'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)
=5.588/129.4194*129.4194
=5.588

Current CPI (Dec. 2023) = 129.4194.

HCA Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.094 99.695 0.122
201406 1.627 100.560 2.094
201409 1.250 100.428 1.611
201412 2.102 99.070 2.746
201503 1.314 99.621 1.707
201506 1.162 100.684 1.494
201509 1.252 100.392 1.614
201512 1.813 99.792 2.351
201603 2.168 100.470 2.793
201606 1.721 101.688 2.190
201609 1.268 101.861 1.611
201612 2.139 101.863 2.718
201703 1.866 102.862 2.348
201706 1.788 103.349 2.239
201709 0.754 104.136 0.937
201712 2.067 104.011 2.572
201803 1.637 105.290 2.012
201806 1.977 106.317 2.407
201809 2.474 106.507 3.006
201812 2.896 105.998 3.536
201903 0.551 107.251 0.665
201906 2.965 108.070 3.551
201909 2.840 108.329 3.393
201912 3.550 108.420 4.238
202003 1.517 108.902 1.803
202006 23.355 108.767 27.790
202009 6.489 109.815 7.647
202012 -12.540 109.897 -14.768
202103 3.886 111.754 4.500
202106 4.236 114.631 4.782
202109 4.284 115.734 4.791
202112 3.968 117.630 4.366
202203 1.575 121.301 1.680
202206 1.858 125.017 1.923
202209 6.517 125.227 6.735
202212 4.216 125.222 4.357
202303 2.157 127.348 2.192
202306 4.436 128.729 4.460
202309 4.836 129.860 4.820
202312 5.588 129.419 5.588

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  (NYSE:HCA) 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 (HCA Healthcare) 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.
Executives
Kathryn A. Torres officer: SVP- Employer&Payer Engagement ONE PARK PLAZA, NASHVILLE TN 37203
Jeffrey E. Cohen officer: SVP-Government Relations ONE PARK PLAZA, NASHVILLE TN 37203
Kathleen M Whalen officer: SVP & Chief Ethics Officer ONE PARK PLAZA, NASHVILLE TN 37203
Michael S. Cuffe officer: President-Physician Services ONE PARK PLAZA, NASHVILLE TN 37203
Erol R Akdamar officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
P. Martin Paslick officer: SVP and CIO ONE PARK PLAZA, NASHVILLE TN 37203
Jennifer Berres officer: SVP & Chief Human Res. Officer ONE PARK PLAZA, NASHVILLE TN 37203
Bill B Rutherford officer: CFO - Eastern Group ONE PARK PLAZA, NASHVILLE TN 37203
Deborah M Reiner officer: SVP - Mktg. & Communications ONE PARK PLAZA, NASHVILLE TN 37048
Jon M Foster officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Christopher F. Wyatt officer: SVP & Controller ONE PARK PLAZA, NASHVILLE TN 37203
Timothy M Mcmanus officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Richard A Hammett officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Mike A Marks officer: SVP-Finance ONE PARK PLAZA, NASHVILLE TN 37203
Moore A Bruce Jr officer: SVP-Operations Administration ONE PARK PLAZA, NASHVILLE TN 37203

HCA Healthcare (HCA Healthcare) Headlines