GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Molina Healthcare Inc (NYSE:MOH) » Definitions » Cyclically Adjusted Price-to-FCF

Molina Healthcare (Molina Healthcare) Cyclically Adjusted Price-to-FCF : 15.64 (As of Jun. 04, 2024)


View and export this data going back to 2003. Start your Free Trial

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

As of today (2024-06-04), Molina Healthcare's current share price is $307.71. Molina Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $19.67. Molina Healthcare's Cyclically Adjusted Price-to-FCF for today is 15.64.

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

MOH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.59   Med: 15.33   Max: 24.09
Current: 15.78

During the past years, Molina Healthcare's highest Cyclically Adjusted Price-to-FCF was 24.09. The lowest was 5.59. And the median was 15.33.

MOH's Cyclically Adjusted Price-to-FCF is ranked worse than
61.54% of 13 companies
in the Healthcare Plans industry
Industry Median: 15.14 vs MOH: 15.78

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.

Molina Healthcare's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $3.208. 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 $19.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molina Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Molina 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.

Molina Healthcare Cyclically Adjusted Price-to-FCF Chart

Molina 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 16.86 19.04 21.11 20.04 18.50

Molina 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 14.65 15.30 15.69 18.50 20.89

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

For the Healthcare Plans subindustry, Molina 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.


Molina Healthcare's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Molina 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=307.71/19.67
=15.64

* 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.

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

For example, Molina 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)
=3.208/131.7762*131.7762
=3.208

Current CPI (Mar. 2024) = 131.7762.

Molina Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.098 100.560 0.128
201409 11.751 100.428 15.419
201412 3.606 99.070 4.796
201503 10.580 99.621 13.995
201506 0.981 100.684 1.284
201509 3.717 100.392 4.879
201512 3.186 99.792 4.207
201603 1.632 100.470 2.141
201606 1.509 101.688 1.955
201609 5.607 101.861 7.254
201612 0.125 101.863 0.162
201703 12.375 102.862 15.854
201706 -1.446 103.349 -1.844
201709 4.602 104.136 5.824
201712 -2.780 104.011 -3.522
201803 5.982 105.290 7.487
201806 -1.349 106.317 -1.672
201809 -7.585 106.507 -9.385
201812 -1.891 105.998 -2.351
201903 3.671 107.251 4.510
201906 -1.672 108.070 -2.039
201909 3.648 108.329 4.438
201912 0.143 108.420 0.174
202003 2.000 108.902 2.420
202006 9.933 108.767 12.034
202009 -2.970 109.815 -3.564
202012 23.915 109.897 28.676
202103 9.420 111.754 11.108
202106 8.219 114.631 9.448
202109 7.509 115.734 8.550
202112 9.536 117.630 10.683
202203 5.792 121.301 6.292
202206 5.839 125.017 6.155
202209 3.825 125.227 4.025
202212 -3.795 125.222 -3.994
202303 15.241 127.348 15.771
202306 7.876 128.729 8.062
202309 15.886 129.860 16.120
202312 -11.790 129.419 -12.005
202403 3.208 131.776 3.208

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.


Molina Healthcare  (NYSE:MOH) 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.


Molina Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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


Molina Healthcare (Molina Healthcare) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
Executives
Ronna Romney director
Steven J Orlando director
Maurice Hebert officer: Chief Accounting Officer C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Marc Russo officer: Executive Vice President C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Jeff D. Barlow officer: Chief Legal Officer 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Daniel Cooperman director DANIEL COOPERMAN, 930 CULEBRA ROAD, HILLSBOROUGH CA 94010
Dale B Wolf director
Richard M Schapiro director 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Joseph M Zubretsky director, officer: President & CEO C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Mark Lowell Keim officer: Executive Vice President 440 LINCOLN STREET, E-6, WORCESTER MA 01653
James Woys officer: Executive Vice President 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Thomas L Tran officer: Chief Financial Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Garrey Carruthers director 5258 REDMAN RD., LAS CRUCES NM 88011

Molina Healthcare (Molina Healthcare) Headlines