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Cerner (FRA:CRE) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Cerner Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerner Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cerner'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.

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Cerner Cyclically Adjusted Price-to-FCF Chart

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
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Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cerner's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, Cerner'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.


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

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

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



Cerner 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.

Cerner's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Cerner's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.832/121.3010*121.3010
=0.832

Current CPI (Mar. 2022) = 121.3010.

Cerner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.237 96.819 0.297
201209 0.228 97.633 0.283
201212 0.181 96.871 0.227
201303 0.233 98.209 0.288
201306 0.075 98.518 0.092
201309 0.061 98.790 0.075
201312 -0.122 98.326 -0.151
201403 0.079 99.695 0.096
201406 0.294 100.560 0.355
201409 0.231 100.428 0.279
201412 0.224 99.070 0.274
201503 0.172 99.621 0.209
201506 -0.125 100.684 -0.151
201509 0.254 100.392 0.307
201512 0.727 99.792 0.884
201603 0.410 100.470 0.495
201606 0.152 101.688 0.181
201609 0.313 101.861 0.373
201612 0.380 101.863 0.453
201703 0.384 102.862 0.453
201706 0.293 103.349 0.344
201709 0.532 104.136 0.620
201712 0.444 104.011 0.518
201803 0.596 105.290 0.687
201806 0.290 106.317 0.331
201809 0.379 106.507 0.432
201812 0.502 105.998 0.574
201903 0.310 107.251 0.351
201906 -0.083 108.070 -0.093
201909 0.472 108.329 0.529
201912 0.807 108.420 0.903
202003 0.437 108.902 0.487
202006 0.154 108.767 0.172
202009 0.627 109.815 0.693
202012 1.031 109.897 1.138
202103 0.772 111.754 0.838
202106 0.421 114.631 0.445
202109 0.867 115.734 0.909
202112 1.209 117.630 1.247
202203 0.832 121.301 0.832

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.


Cerner  (FRA:CRE) 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.


Cerner Cyclically Adjusted Price-to-FCF Related Terms

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Cerner (FRA:CRE) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.

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