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Extendicare (Extendicare) Cyclically Adjusted FCF per Share : $0.02 (As of Dec. 2023)


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What is Extendicare 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.

Extendicare's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.007. 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 $0.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Extendicare's average Cyclically Adjusted FCF Growth Rate was -89.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -58.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -37.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -23.00% 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 Extendicare was -11.00% per year. The lowest was -58.00% per year. And the median was -14.15% per year.

As of today (2024-04-27), Extendicare's current stock price is $5.364. Extendicare's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.02. Extendicare's Cyclically Adjusted Price-to-FCF of today is 268.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Extendicare was 392.26. The lowest was 6.15. And the median was 20.64.


Extendicare Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Extendicare'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.

Extendicare Cyclically Adjusted FCF per Share Chart

Extendicare 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 0.22 0.21 0.17 0.14 0.02

Extendicare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.14 0.08 0.08 0.02 0.02

Competitive Comparison of Extendicare's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Extendicare'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.


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

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

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



Extendicare 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, Extendicare'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)
=-0.007/125.4675*125.4675
=-0.007

Current CPI (Dec. 2023) = 125.4675.

Extendicare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.258 98.604 0.328
201406 0.141 99.473 0.178
201409 0.034 99.394 0.043
201412 0.059 98.367 0.075
201503 0.141 99.789 0.177
201506 0.151 100.500 0.189
201509 -0.171 100.421 -0.214
201512 0.027 99.947 0.034
201603 -0.178 101.054 -0.221
201606 -0.014 102.002 -0.017
201609 -0.120 101.765 -0.148
201612 0.005 101.449 0.006
201703 0.052 102.634 0.064
201706 0.012 103.029 0.015
201709 0.041 103.345 0.050
201712 -0.060 103.345 -0.073
201803 0.029 105.004 0.035
201806 -0.016 105.557 -0.019
201809 0.010 105.636 0.012
201812 -0.106 105.399 -0.126
201903 0.049 106.979 0.057
201906 -0.076 107.690 -0.089
201909 0.169 107.611 0.197
201912 -0.027 107.769 -0.031
202003 0.096 107.927 0.112
202006 -0.021 108.401 -0.024
202009 0.381 108.164 0.442
202012 0.211 108.559 0.244
202103 -0.174 110.298 -0.198
202106 0.079 111.720 0.089
202109 0.131 112.905 0.146
202112 -0.076 113.774 -0.084
202203 0.235 117.646 0.251
202206 -0.022 120.806 -0.023
202209 -0.251 120.648 -0.261
202212 0.032 120.964 0.033
202303 -0.562 122.702 -0.575
202306 -0.036 124.203 -0.036
202309 -0.321 125.230 -0.322
202312 -0.007 125.468 -0.007

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


Extendicare  (OTCPK:EXETF) 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.

Extendicare's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.364/0.02
=268.20

* 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 Extendicare was 392.26. The lowest was 6.15. And the median was 20.64.


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.


Extendicare Cyclically Adjusted FCF per Share Related Terms

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


Extendicare (Extendicare) Business Description

Traded in Other Exchanges
Address
3000 Steeles Avenue East, Suite 700, Markham, ON, CAN, L3R 9W2
Extendicare Inc is a senior care provider in Canada, focused on long-term care and home health care. The company has three main business segments namely Long-term Care, Home Health Care, and Managed Services. The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba. The Home Health Care segment, operating under the ParaMed brand, provides more than 9 million hours of home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia. The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.

Extendicare (Extendicare) Headlines

From GuruFocus

Extendicare Announces December 2020 Dividend of C$0.04 per Share

By GlobeNewswire GlobeNewswire 12-17-2020

Extendicare Announces December 2019 Dividend of C$0.04 per Share

By GlobeNewswire GlobeNewswire 12-12-2019

Extendicare Appoints Dr. Michael R. Guerriere as New President and CEO

By GlobeNewswire GlobeNewswire 09-11-2018

Extendicare Provides Business Update Related to COVID-19

By GlobeNewswire GlobeNewswire 04-28-2020

Extendicare Completes Acquisition of Lynde Creek Retirement Community

By GlobeNewswire GlobeNewswire 04-11-2018

Extendicare Announces Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 06-27-2022