GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Labcorp Holdings Inc (FRA:N6B) » Definitions » Price-to-Free-Cash-Flow

Labcorp Holdings (FRA:N6B) Price-to-Free-Cash-Flow : 27.29 (As of May. 21, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Labcorp Holdings Price-to-Free-Cash-Flow?

As of today (2024-05-21), Labcorp Holdings's share price is €192.50. Labcorp Holdings's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was €7.05. Hence, Labcorp Holdings's Price-to-Free-Cash-Flow Ratio for today is 27.29.

The historical rank and industry rank for Labcorp Holdings's Price-to-Free-Cash-Flow or its related term are showing as below:

FRA:N6B' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.84   Med: 13.32   Max: 27.76
Current: 27.58

During the past 13 years, Labcorp Holdings's highest Price-to-Free-Cash-Flow Ratio was 27.76. The lowest was 7.84. And the median was 13.32.

FRA:N6B's Price-to-Free-Cash-Flow is ranked worse than
51.72% of 87 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.11 vs FRA:N6B: 27.58

Labcorp Holdings's Free Cash Flow per Share for the three months ended in Mar. 2024 was €-1.78. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was €7.05.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Labcorp Holdings was -48.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -17.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 6.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 10.80% per year.

During the past 13 years, Labcorp Holdings's highest 3-Year average Free Cash Flow per Share Growth Rate was 45.10% per year. The lowest was -35.40% per year. And the median was 9.40% per year.


Labcorp Holdings Price-to-Free-Cash-Flow Historical Data

The historical data trend for Labcorp Holdings's Price-to-Free-Cash-Flow 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.

Labcorp Holdings Price-to-Free-Cash-Flow Chart

Labcorp Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.71 9.76 9.78 12.13 22.78

Labcorp Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 13.41 16.32 17.57 22.78 28.61

Competitive Comparison of Labcorp Holdings's Price-to-Free-Cash-Flow

For the Diagnostics & Research subindustry, Labcorp Holdings's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Labcorp Holdings's Price-to-Free-Cash-Flow Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Labcorp Holdings's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Labcorp Holdings's Price-to-Free-Cash-Flow falls into.



Labcorp Holdings Price-to-Free-Cash-Flow Calculation

Labcorp Holdings's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=192.50/7.053
=27.29

Labcorp Holdings's Share Price of today is €192.50.
Labcorp Holdings's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.05.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Labcorp Holdings  (FRA:N6B) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Labcorp Holdings Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Labcorp Holdings's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Labcorp Holdings (FRA:N6B) Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

Labcorp Holdings (FRA:N6B) Headlines

No Headlines