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Surgery Partners (FRA:1SP) Cyclically Adjusted Price-to-FCF : 15.61 (As of Sep. 21, 2024)


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What is Surgery Partners Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Surgery Partners's current share price is €29.20. Surgery Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €1.87. Surgery Partners's Cyclically Adjusted Price-to-FCF for today is 15.61.

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

FRA:1SP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.1   Med: 14.54   Max: 17.12
Current: 16.59

During the past years, Surgery Partners's highest Cyclically Adjusted Price-to-FCF was 17.12. The lowest was 11.10. And the median was 14.54.

FRA:1SP's Cyclically Adjusted Price-to-FCF is ranked better than
60.22% of 181 companies
in the Healthcare Providers & Services industry
Industry Median: 21.56 vs FRA:1SP: 16.59

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.

Surgery Partners's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.412. 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 €1.87 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surgery Partners Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Surgery Partners'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.

Surgery Partners Cyclically Adjusted Price-to-FCF Chart

Surgery Partners 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 - - - - 16.03

Surgery Partners Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 14.47 16.03 14.98 11.92

Competitive Comparison of Surgery Partners's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Surgery Partners'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.


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

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

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



Surgery Partners 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.

Surgery Partners's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.20/1.87
=15.61

* 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.

Surgery Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Surgery Partners's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.412/132.5538*132.5538
=0.412

Current CPI (Jun. 2024) = 132.5538.

Surgery Partners Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.078 99.621 0.104
201506 0.285 100.684 0.375
201509 0.421 100.392 0.556
201512 0.169 99.792 0.224
201603 0.251 100.470 0.331
201606 0.744 101.688 0.970
201609 0.200 101.861 0.260
201612 0.421 101.863 0.548
201703 0.555 102.862 0.715
201706 0.238 103.349 0.305
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.338 105.290 0.426
201806 0.601 106.317 0.749
201809 0.335 106.507 0.417
201812 0.591 105.998 0.739
201903 0.160 107.251 0.198
201906 0.123 108.070 0.151
201909 0.724 108.329 0.886
201912 0.037 108.420 0.045
202003 0.325 108.902 0.396
202006 3.160 108.767 3.851
202009 0.330 109.815 0.398
202012 -0.104 109.897 -0.125
202103 0.547 111.754 0.649
202106 -0.134 114.631 -0.155
202109 -0.006 115.734 -0.007
202112 0.059 117.630 0.066
202203 0.620 121.301 0.678
202206 0.210 125.017 0.223
202209 0.141 125.227 0.149
202212 -0.143 125.222 -0.151
202303 0.374 127.348 0.389
202306 0.191 128.729 0.197
202309 0.639 129.860 0.652
202312 0.312 129.419 0.320
202403 0.144 131.776 0.145
202406 0.412 132.554 0.412

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.


Surgery Partners  (FRA:1SP) 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.


Surgery Partners Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Surgery Partners's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Surgery Partners Business Description

Traded in Other Exchanges
Address
340 Seven Springs Way, Suite 600, Brentwood, TN, USA, 37027
Surgery Partners Inc is one of the few remaining independent ambulatory surgery center operators in the U.S. with national scale. The firm operates surgical facilities in approximately 30 states in partnership with physician groups and larger local healthcare systems. While surgical procedures drive a majority of the firm's revenue, the company also operates a clinical lab, urgent care facilities, and a handful of physician practices to provide additional healthcare services within the communities it serves. It operates in two segments: Surgical Facility Services and Ancillary Services out of which the Surgical Facility Services segment accounts for the majority of revenue.

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