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Henry Schein (BSP:H1SI34) Cyclically Adjusted Price-to-FCF : 16.81 (As of May. 25, 2024)


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What is Henry Schein Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Henry Schein's current share price is R$180.72. Henry Schein's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.75. Henry Schein's Cyclically Adjusted Price-to-FCF for today is 16.81.

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

BSP:H1SI34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.6   Med: 21.17   Max: 30.13
Current: 16.48

During the past years, Henry Schein's highest Cyclically Adjusted Price-to-FCF was 30.13. The lowest was 13.60. And the median was 21.17.

BSP:H1SI34's Cyclically Adjusted Price-to-FCF is ranked better than
71.87% of 32 companies
in the Medical Distribution industry
Industry Median: 26.27 vs BSP:H1SI34: 16.48

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.

Henry Schein's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$2.821. 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 R$10.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henry Schein Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henry Schein'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.

Henry Schein Cyclically Adjusted Price-to-FCF Chart

Henry Schein 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 20.16 19.04 20.16 19.09 18.43

Henry Schein 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 19.04 18.78 16.88 18.43 17.35

Competitive Comparison of Henry Schein's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Henry Schein 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.

Henry Schein's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=180.72/10.75
=16.81

* 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.

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

For example, Henry Schein'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)
=2.821/131.7762*131.7762
=2.821

Current CPI (Mar. 2024) = 131.7762.

Henry Schein Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.169 100.560 1.532
201409 1.038 100.428 1.362
201412 1.959 99.070 2.606
201503 -0.391 99.621 -0.517
201506 1.753 100.684 2.294
201509 1.029 100.392 1.351
201512 3.570 99.792 4.714
201603 -1.010 100.470 -1.325
201606 2.739 101.688 3.549
201609 1.593 101.861 2.061
201612 2.488 101.863 3.219
201703 -0.684 102.862 -0.876
201706 2.166 103.349 2.762
201709 1.118 104.136 1.415
201712 2.435 104.011 3.085
201803 -0.900 105.290 -1.126
201806 3.317 106.317 4.111
201809 2.070 106.507 2.561
201812 3.454 105.998 4.294
201903 -0.631 107.251 -0.775
201906 1.915 108.070 2.335
201909 2.964 108.329 3.606
201912 3.697 108.420 4.493
202003 0.947 108.902 1.146
202006 -1.792 108.767 -2.171
202009 4.795 109.815 5.754
202012 6.065 109.897 7.272
202103 0.963 111.754 1.136
202106 2.503 114.631 2.877
202109 3.630 115.734 4.133
202112 4.305 117.630 4.823
202203 1.322 121.301 1.436
202206 2.417 125.017 2.548
202209 1.415 125.227 1.489
202212 3.734 125.222 3.929
202303 -0.254 127.348 -0.263
202306 4.527 128.729 4.634
202309 3.588 129.860 3.641
202312 -2.083 129.419 -2.121
202403 2.821 131.776 2.821

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.


Henry Schein  (BSP:H1SI34) 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.


Henry Schein Cyclically Adjusted Price-to-FCF Related Terms

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Henry Schein (BSP:H1SI34) Business Description

Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

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