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Pediatrix Medical Group (FRA:PDC) Cyclically Adjusted FCF per Share : €3.38 (As of Mar. 2024)


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What is Pediatrix Medical Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Pediatrix Medical Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-1.442. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €3.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pediatrix Medical Group's average Cyclically Adjusted FCF Growth Rate was -6.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Pediatrix Medical Group was 38.20% per year. The lowest was -1.90% per year. And the median was 12.55% per year.

As of today (2024-05-26), Pediatrix Medical Group's current stock price is €6.85. Pediatrix Medical Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.38. Pediatrix Medical Group's Cyclically Adjusted Price-to-FCF of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pediatrix Medical Group was 31.70. The lowest was 2.04. And the median was 10.84.


Pediatrix Medical Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pediatrix Medical Group's Cyclically Adjusted FCF per Share 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.

Pediatrix Medical Group Cyclically Adjusted FCF per Share Chart

Pediatrix Medical Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 3.04 3.46 3.68 3.34

Pediatrix Medical Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.48 3.55 3.53 3.34 3.38

Competitive Comparison of Pediatrix Medical Group's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Pediatrix Medical Group'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.


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

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

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



Pediatrix Medical Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pediatrix Medical Group'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)
=-1.442/131.7762*131.7762
=-1.442

Current CPI (Mar. 2024) = 131.7762.

Pediatrix Medical Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.966 100.560 1.266
201409 1.207 100.428 1.584
201412 1.410 99.070 1.875
201503 -0.573 99.621 -0.758
201506 1.323 100.684 1.732
201509 1.569 100.392 2.060
201512 0.952 99.792 1.257
201603 -0.419 100.470 -0.550
201606 1.350 101.688 1.749
201609 1.788 101.861 2.313
201612 1.220 101.863 1.578
201703 -0.336 102.862 -0.430
201706 1.222 103.349 1.558
201709 1.715 104.136 2.170
201712 1.835 104.011 2.325
201803 -1.059 105.290 -1.325
201806 1.148 106.317 1.423
201809 1.259 106.507 1.558
201812 1.586 105.998 1.972
201903 -0.641 107.251 -0.788
201906 1.162 108.070 1.417
201909 1.756 108.329 2.136
201912 1.417 108.420 1.722
202003 -1.658 108.902 -2.006
202006 1.923 108.767 2.330
202009 1.671 109.815 2.005
202012 -0.185 109.897 -0.222
202103 -0.896 111.754 -1.057
202106 0.426 114.631 0.490
202109 0.499 115.734 0.568
202112 0.422 117.630 0.473
202203 -1.112 121.301 -1.208
202206 0.838 125.017 0.883
202209 0.932 125.227 0.981
202212 1.032 125.222 1.086
202303 -1.224 127.348 -1.267
202306 0.904 128.729 0.925
202309 0.800 129.860 0.812
202312 0.670 129.419 0.682
202403 -1.442 131.776 -1.442

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Pediatrix Medical Group  (FRA:PDC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Pediatrix Medical Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.85/3.38
=2.03

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pediatrix Medical Group was 31.70. The lowest was 2.04. And the median was 10.84.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Pediatrix Medical Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Pediatrix Medical Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pediatrix Medical Group (FRA:PDC) Business Description

Traded in Other Exchanges
Address
1301 Concord Terrace, Sunrise, FL, USA, 33323
Pediatrix Medical Group Inc provides physician services to hospitals, intensive care units, and other medical units. The services provided by the company include maternal care for expectant mothers, intensive care for premature babies, cardiology care for infants suffering from heart defects, and anesthesia care during surgeries, among others. The company operates only under one segment, which is physician services. The company generates roughly half of its revenue from the women's and children's services provided, and also roughly half of the company's total revenue is earned in the United States.

Pediatrix Medical Group (FRA:PDC) Headlines

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