DaVita (BSP:DVAI34) Cyclically Adjusted FCF per Share: R$65.65 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:DVAI34 DaVita Inc BSP:DVAI34
73 GF Score
Price R$1,219.16
GF Value R$916.77
Valuation Significantly Overvalued
! 6 Warning Signs
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What is DaVita Cyclically Adjusted FCF per Share?

DaVita BSP:DVAI34 +0.06% 73 Cyclically Adjusted FCF per Share is R$65.65 as of Mar. 2026. GuruFocus rates BSP:DVAI34 with a GF Score™ of 73/100 and a GF Value™ of R$916.77 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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.

DaVita's adjusted free cash flow per share for the three months ended in Mar. 2026 was R$16.614. 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 R$65.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, DaVita's average Cyclically Adjusted FCF Growth Rate was 17.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.50% 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 DaVita was 66.00% per year. The lowest was 10.90% per year. And the median was 15.40% per year.

As of today (2026-08-04), DaVita's current stock price is R$1219.16. DaVita's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was R$65.65. DaVita's Cyclically Adjusted Price-to-FCF of today is 18.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DaVita was 21.94. The lowest was 8.15. And the median was 15.26.


DaVita  (BSP:DVAI34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1219.16/65.65
=18.57

* 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 DaVita was 21.94. The lowest was 8.15. And the median was 15.26.


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.


DaVita Cyclically Adjusted FCF per Share Related Terms


DaVita Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for DaVita'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.

DaVita Cyclically Adjusted FCF per Share Chart

DaVita Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.61 40.97 47.09 66.63 69.97

DaVita Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.13 60.33 62.02 69.97 65.65

BSP:DVAI34 vs EHC, THC, ENSG: Cyclically Adjusted FCF per Share Comparison

For the Medical Care Facilities subindustry, DaVita'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.


DaVita Cyclically Adjusted Price-to-FCF vs Healthcare Providers & Services Industry

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

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


BSP:DVAI34
73GF Score
DaVita Inc BSP:DVAI34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DaVita 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, DaVita's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.614/330.2130*330.2130
=16.614

Current CPI (Mar. 2026) = 330.2130.

DaVita Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 5.450 241.018 7.467
201609 5.013 241.428 6.857
201612 4.042 241.432 5.528
201703 10.420 243.801 14.113
201706 -0.586 244.955 -0.790
201709 5.109 246.819 6.835
201712 1.419 246.524 1.901
201803 2.346 249.554 3.104
201806 6.942 251.989 9.097
201809 5.551 252.439 7.261
201812 2.518 251.233 3.310
201903 -1.326 254.202 -1.722
201906 10.050 256.143 12.956
201909 12.728 256.759 16.369
201912 14.522 256.974 18.661
202003 7.911 258.115 10.121
202006 21.512 257.797 27.555
202009 14.137 260.280 17.935
202012 11.567 260.474 14.664
202103 0.465 264.877 0.580
202106 23.928 271.696 29.082
202109 19.680 274.310 23.691
202112 18.365 278.802 21.752
202203 9.858 287.504 11.322
202206 2.363 296.311 2.633
202209 31.857 296.808 35.442
202212 8.546 296.797 9.508
202303 17.732 301.836 19.399
202306 16.918 305.109 18.310
202309 27.537 307.789 29.543
202312 17.229 306.746 18.547
202403 -14.071 312.332 -14.877
202406 40.819 314.175 42.903
202409 43.334 315.301 45.383
202412 27.435 315.605 28.705
202503 2.604 319.799 2.689
202506 14.563 322.561 14.908
202509 49.105 324.800 49.923
202512 30.284 324.054 30.860
202603 16.614 330.213 16.614

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

What does a Cyclically Adjusted FCF per Share of R$65.65 mean?
DaVita (BSP:DVAI34) has a Cyclically Adjusted FCF per Share of R$65.65 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on DaVita and its competitors.
Is DaVita's Cyclically Adjusted FCF per Share too high?
DaVita's current Cyclically Adjusted FCF per Share is R$65.65. Overall, DaVita has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DaVita's Cyclically Adjusted FCF per Share compare to EHC and THC?
DaVita's Cyclically Adjusted FCF per Share of R$65.65 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Healthcare Providers & Services company?
A good Cyclically Adjusted FCF per Share depends on the Healthcare Providers & Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on DaVita and its competitors. DaVita's current Cyclically Adjusted FCF per Share is R$65.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DaVita stock overvalued right now?
Based on GuruFocus' analysis, DaVita (BSP:DVAI34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$916.77, compared to a current price of R$1,219.16 — trading 33% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$65.65. DaVita's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For DaVita (BSP:DVAI34), the current Cyclically Adjusted FCF per Share is R$65.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DaVita (BSP:DVAI34) Overvalued in 2026?

Based on GuruFocus' analysis, DaVita stock appears to be overvalued. The current stock price of R$1,219.16 is trading 33% above its estimated GF Value™ of R$916.77. GuruFocus considers DaVita to be Significantly Overvalued.

Key valuation signals for BSP:DVAI34:

  • Cyclically Adjusted FCF per Share: R$65.65
  • GF Value™: R$916.77 vs. price of R$1,219.16 (33% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BSP:DVAI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DaVita Business Description

Address 2000 16th Street, Denver, CO, USA, 80202
DaVita is one of the largest providers of dialysis services in the United States, boasting a market share of about 35%. The firm operates over 3,200 facilities worldwide, mostly in the US, and treats about 300,000 patients annually. Government payers dominate US dialysis reimbursement. DaVita receives about two-thirds of US sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. While commercial insurers represent only about 10% of US patients treated, they represent nearly all of the profits generated by DaVita in the US dialysis business.
73GF Score

Get the complete analysis for BSP:DVAI34

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$1,219.16
Price
R$916.77
GF Value