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National Healthcare (National Healthcare) Cyclically Adjusted Price-to-FCF : 23.09 (As of May. 15, 2024)


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

As of today (2024-05-15), National Healthcare's current share price is $99.055. National Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.29. National Healthcare's Cyclically Adjusted Price-to-FCF for today is 23.09.

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

NHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.84   Med: 23.61   Max: 37.15
Current: 22.81

During the past years, National Healthcare's highest Cyclically Adjusted Price-to-FCF was 37.15. The lowest was 12.84. And the median was 23.61.

NHC's Cyclically Adjusted Price-to-FCF is ranked better than
50.29% of 171 companies
in the Healthcare Providers & Services industry
Industry Median: 23.21 vs NHC: 22.81

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.

National Healthcare's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.238. 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 $4.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National 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.

National Healthcare Cyclically Adjusted Price-to-FCF Chart

National 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 25.52 15.26 15.59 14.41 21.40

National 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 14.25 14.48 15.07 21.40 22.03

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

For the Medical Care Facilities subindustry, National 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.


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

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

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



National 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=99.055/4.29
=23.09

* 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.

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

For example, National 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)
=0.238/129.4194*129.4194
=0.238

Current CPI (Mar. 2024) = 129.4194.

National Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.129 100.560 -0.166
201409 1.207 100.428 1.555
201412 0.523 99.070 0.683
201503 0.826 99.621 1.073
201506 0.371 100.684 0.477
201509 0.502 100.392 0.647
201512 0.038 99.792 0.049
201603 0.715 100.470 0.921
201606 -0.034 101.688 -0.043
201609 0.264 101.861 0.335
201612 0.920 101.863 1.169
201703 0.325 102.862 0.409
201706 1.227 103.349 1.537
201709 1.514 104.136 1.882
201712 1.015 104.011 1.263
201803 0.408 105.290 0.502
201806 1.820 106.317 2.215
201809 1.341 106.507 1.629
201812 0.938 105.998 1.145
201903 0.374 107.251 0.451
201906 1.267 108.070 1.517
201909 1.953 108.329 2.333
201912 1.201 108.420 1.434
202003 0.074 108.902 0.088
202006 9.178 108.767 10.921
202009 1.560 109.815 1.838
202012 0.989 109.897 1.165
202103 0.537 111.754 0.622
202106 1.214 114.631 1.371
202109 -0.383 115.734 -0.428
202112 0.123 117.630 0.135
202203 -2.355 121.301 -2.513
202206 1.173 125.017 1.214
202209 -0.615 125.227 -0.636
202212 0.410 125.222 0.424
202303 0.470 127.348 0.478
202306 2.165 128.729 2.177
202309 1.683 129.860 1.677
202312 1.105 129.419 1.105
202403 0.238 129.419 0.238

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.


National Healthcare  (AMEX:NHC) 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.


National Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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


National Healthcare (National Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
100 East Vine Street, Murfreesboro, TN, USA, 37130
National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.
Executives
Emil E Hassan director
Robert G Adams director, officer: Sr. Vice President & COO P.O. BOX 1398, MURFREESBORO TN 37133-1398
James Paul Abernathy director 2102 GREENLAND DRIVE, MURFREESBORO TN 37130
W Andrew Adams director, officer: CEO P.O. BOX 1398, MURFREESBORO TN 37133-1398
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Burgess Ernest G Iii director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Sandra Y. Trail director 100 VINE STREET, MURFREESBORO TN 37130
Robert Michael Ussery officer: Senior V.P., Operations 100 VINE STREET, SUITE 1400, P. O. BOX 1398, MURFREESBORO TN 37130
Vicki L Dodson officer: Sr.VP Patient Srvcs & CNO 100 VINE STREET, MURFREESBORO TN 37130
Josh A Mccreary officer: Senior VP & General Counsel 100 VINE STREET, MURFREESBORO TN 37130
John K Lines officer: Senior V.P. & General Counsel 601 S. HARBOUR ISLAND BLVD., SUITE 220, TAMPA FL 33602
Jeffrey Russell Smith officer: SVP & Treasurer 100 VINE ST., MURFREESBORO TN 37130
Mcintosh Leroy E. Jr. officer: SVP, Ancillary Services 100 VINE STREET, MURFREESBORO TN 37130
Julia W Powell officer: Sr. V.P., Patient Services 3712 LASCASSAS PIKE, MURFREESBORO TN 37130
Flatt Ben Anderson Sr officer: Senior VP & CIO 100 VINE STREET, MURFREESBORO TN 37130