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Cross Country Healthcare (Cross Country Healthcare) Cyclically Adjusted FCF per Share : $1.13 (As of Dec. 2023)


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What is Cross Country 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.

Cross Country Healthcare's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.265. 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 $1.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cross Country Healthcare's average Cyclically Adjusted FCF Growth Rate was 135.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 36.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% 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 Cross Country Healthcare was 36.90% per year. The lowest was -38.50% per year. And the median was -11.30% per year.

As of today (2024-05-01), Cross Country Healthcare's current stock price is $17.90. Cross Country Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.13. Cross Country Healthcare's Cyclically Adjusted Price-to-FCF of today is 15.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cross Country Healthcare was 250.22. The lowest was 4.52. And the median was 15.85.


Cross Country Healthcare Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cross Country 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.

Cross Country Healthcare Cyclically Adjusted FCF per Share Chart

Cross Country Healthcare 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 0.48 0.44 0.17 0.48 1.13

Cross Country Healthcare 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 0.48 0.61 0.92 1.09 1.13

Competitive Comparison of Cross Country Healthcare's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Cross Country 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.


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

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

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



Cross Country 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, Cross Country Healthcare'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)
=0.265/129.4194*129.4194
=0.265

Current CPI (Dec. 2023) = 129.4194.

Cross Country Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.380 99.695 -0.493
201406 0.110 100.560 0.142
201409 0.049 100.428 0.063
201412 -0.058 99.070 -0.076
201503 -0.009 99.621 -0.012
201506 0.165 100.684 0.212
201509 0.377 100.392 0.486
201512 -0.037 99.792 -0.048
201603 0.044 100.470 0.057
201606 0.270 101.688 0.344
201609 0.469 101.861 0.596
201612 -0.100 101.863 -0.127
201703 0.009 102.862 0.011
201706 0.606 103.349 0.759
201709 0.070 104.136 0.087
201712 0.436 104.011 0.543
201803 0.340 105.290 0.418
201806 0.094 106.317 0.114
201809 0.076 106.507 0.092
201812 -0.055 105.998 -0.067
201903 0.327 107.251 0.395
201906 0.332 108.070 0.398
201909 -0.411 108.329 -0.491
201912 -0.174 108.420 -0.208
202003 0.452 108.902 0.537
202006 0.416 108.767 0.495
202009 -0.266 109.815 -0.313
202012 0.027 109.897 0.032
202103 -0.705 111.754 -0.816
202106 0.368 114.631 0.415
202109 -0.126 115.734 -0.141
202112 -2.004 117.630 -2.205
202203 -0.820 121.301 -0.875
202206 0.434 125.017 0.449
202209 3.673 125.227 3.796
202212 0.062 125.222 0.064
202303 1.181 127.348 1.200
202306 3.244 128.729 3.261
202309 1.903 129.860 1.897
202312 0.265 129.419 0.265

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


Cross Country Healthcare  (NAS:CCRN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.90/1.13
=15.84

* 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 Cross Country Healthcare was 250.22. The lowest was 4.52. And the median was 15.85.


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.


Cross Country Healthcare Cyclically Adjusted FCF per Share Related Terms

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


Cross Country Healthcare (Cross Country Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a provider of staffing, recruiting, and workforce solutions to healthcare clients such as private and public hospitals, government facilities, outpatient clinics, ambulatory care facilities, and physician practice groups, among others. The company operates in three business segments: nurse and allied staffing, physician staffing, and search. The nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services. The other services offered by the company include physician staffing, search for healthcare executives, and recruitment process outsourcing. The company earns majority of its revenue from the United States.
Executives
Cynthia Ann Grieco officer: VP, Corporate Treasurer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Susan E Ball officer: General Counsel & Asst. Secy 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Redd James V. Iii officer: Chief Accounting Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD, N.W., BOCA RATON FL 33487
William J. Burns officer: Chief Financial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Marc S. Krug officer: Group President, Delivery C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Mcdonald Colin Patrick officer: SVP, Human Resources C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVENUE, BOCA RATON FL 33487
Dwayne Allen director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
W Larry Cash director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
John Anthony Martins officer: Group Pres., Nurse & Allied C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487
Daniel Joseph White officer: Chief Commercial Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., N.W., BOCA RATON FL 33487
Joseph Trunfio director C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Daniele Addis officer: SVP, Business Services C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BOULEVARD, N.W., BOCA RATON FL 33487
Phillip Lyn Noe officer: Chief Information Officer C/O CROSS COUNTRY HEALTHCARE, INC., 6551 PARK OF COMMERCE BLVD., BOCA RATON FL 33487
Kevin Cronin Clark director, officer: President, CEO C/O CROSS COUNTRY HEALTHCARE, INC., 5201 CONGRESS AVE., BOCA RATON FL 33487