GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HCA Healthcare Inc (BSP:H1CA34) » Definitions » Cyclically Adjusted FCF per Share

HCA Healthcare (BSP:H1CA34) Cyclically Adjusted FCF per Share : R$4.46 (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is HCA Healthcare 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.

HCA Healthcare's adjusted free cash flow per share for the three months ended in Dec. 2024 was R$1.522. 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$4.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, HCA Healthcare's average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% 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 HCA Healthcare was 127.70% per year. The lowest was -1.70% per year. And the median was 17.00% per year.

As of today (2025-04-27), HCA Healthcare's current stock price is R$95.90. HCA Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was R$4.46. HCA Healthcare's Cyclically Adjusted Price-to-FCF of today is 21.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HCA Healthcare was 29.95. The lowest was 10.98. And the median was 21.63.


HCA Healthcare Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HCA Healthcare'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.

HCA Healthcare Cyclically Adjusted FCF per Share Chart

HCA Healthcare Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.73 2.90 3.06 4.46

HCA Healthcare Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.06 3.26 3.78 3.85 4.46

Competitive Comparison of HCA Healthcare's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, HCA 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.


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

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

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


;
;

HCA Healthcare 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, HCA Healthcare's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.522/133.1571*133.1571
=1.522

Current CPI (Dec. 2024) = 133.1571.

HCA Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.206 99.621 0.275
201506 0.181 100.684 0.239
201509 0.244 100.392 0.324
201512 0.352 99.792 0.470
201603 0.401 100.470 0.531
201606 0.295 101.688 0.386
201609 0.206 101.861 0.269
201612 0.359 101.863 0.469
201703 0.292 102.862 0.378
201706 0.295 103.349 0.380
201709 0.118 104.136 0.151
201712 0.341 104.011 0.437
201803 0.268 105.290 0.339
201806 0.373 106.317 0.467
201809 0.508 106.507 0.635
201812 0.562 105.998 0.706
201903 0.106 107.251 0.132
201906 0.572 108.070 0.705
201909 0.585 108.329 0.719
201912 0.729 108.420 0.895
202003 0.371 108.902 0.454
202006 6.059 108.767 7.418
202009 1.752 109.815 2.124
202012 -3.226 109.897 -3.909
202103 1.095 111.754 1.305
202106 1.065 114.631 1.237
202109 1.131 115.734 1.301
202112 1.122 117.630 1.270
202203 0.392 121.301 0.430
202206 0.469 125.017 0.500
202209 1.709 125.227 1.817
202212 1.106 125.222 1.176
202303 0.562 127.348 0.588
202306 1.076 128.729 1.113
202309 1.194 129.860 1.224
202312 1.369 129.419 1.409
202403 1.255 131.776 1.268
202406 0.704 132.554 0.707
202409 2.476 133.029 2.478
202412 1.522 133.157 1.522

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


HCA Healthcare  (BSP:H1CA34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=95.90/4.46
=21.50

* 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 HCA Healthcare was 29.95. The lowest was 10.98. And the median was 21.63.


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.


HCA Healthcare Cyclically Adjusted FCF per Share Related Terms

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


HCA Healthcare Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2024, the firm owned and operated 190 hospitals, 124 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

HCA Healthcare Headlines

No Headlines