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Henry Schein (MEX:HSIC) Cyclically Adjusted Price-to-FCF : 17.36 (As of Jun. 22, 2024)


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

As of today (2024-06-22), Henry Schein's current share price is MXN1325.00. Henry Schein's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN76.32. Henry Schein's Cyclically Adjusted Price-to-FCF for today is 17.36.

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

MEX:HSIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.6   Med: 21.13   Max: 30.13
Current: 15.46

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 21.13.

MEX:HSIC's Cyclically Adjusted Price-to-FCF is ranked better than
69.7% of 33 companies
in the Medical Distribution industry
Industry Median: 24.51 vs MEX:HSIC: 15.46

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 MXN18.800. 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 MXN76.32 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
=1325.00/76.32
=17.36

* 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)
=18.8/131.7762*131.7762
=18.800

Current CPI (Mar. 2024) = 131.7762.

Henry Schein Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.556 100.560 17.764
201409 11.918 100.428 15.638
201412 21.871 99.070 29.091
201503 -3.792 99.621 -5.016
201506 17.676 100.684 23.135
201509 8.912 100.392 11.698
201512 31.632 99.792 41.770
201603 -9.404 100.470 -12.334
201606 29.590 101.688 38.345
201609 18.931 101.861 24.491
201612 30.589 101.863 39.572
201703 -8.239 102.862 -10.555
201706 23.758 103.349 30.293
201709 12.958 104.136 16.397
201712 29.029 104.011 36.778
201803 -9.970 105.290 -12.478
201806 34.567 106.317 42.845
201809 18.847 106.507 23.319
201812 34.932 105.998 43.427
201903 -6.373 107.251 -7.830
201906 19.083 108.070 23.269
201909 28.407 108.329 34.555
201912 33.975 108.420 41.294
202003 9.089 108.902 10.998
202006 -15.943 108.767 -19.316
202009 39.232 109.815 47.078
202012 46.904 109.897 56.242
202103 6.985 111.754 8.236
202106 19.814 114.631 22.777
202109 28.275 115.734 32.194
202112 31.233 117.630 34.989
202203 10.582 121.301 11.496
202206 19.268 125.017 20.310
202209 10.858 125.227 11.426
202212 27.757 125.222 29.210
202303 -1.761 127.348 -1.822
202306 31.981 128.729 32.738
202309 25.312 129.860 25.686
202312 -14.433 129.419 -14.696
202403 18.800 131.776 18.800

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  (MEX:HSIC) 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 (MEX:HSIC) 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.