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Molina Healthcare (STU:MHG) Cyclically Adjusted Price-to-FCF : 15.37 (As of Jun. 05, 2024)


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What is Molina Healthcare Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Molina Healthcare's current share price is €280.80. Molina Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €18.27. Molina Healthcare's Cyclically Adjusted Price-to-FCF for today is 15.37.

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

STU:MHG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.59   Med: 15.33   Max: 24.09
Current: 15.64

During the past years, Molina Healthcare's highest Cyclically Adjusted Price-to-FCF was 24.09. The lowest was 5.59. And the median was 15.33.

STU:MHG's Cyclically Adjusted Price-to-FCF is ranked worse than
61.54% of 13 companies
in the Healthcare Plans industry
Industry Median: 14.95 vs STU:MHG: 15.64

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.

Molina Healthcare's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €2.951. 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 €18.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molina Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Molina Healthcare'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.

Molina Healthcare Cyclically Adjusted Price-to-FCF Chart

Molina Healthcare 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 16.86 19.04 21.11 20.04 18.50

Molina Healthcare 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 14.65 15.30 15.69 18.50 20.89

Competitive Comparison of Molina Healthcare's Cyclically Adjusted Price-to-FCF

For the Healthcare Plans subindustry, Molina 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.


Molina Healthcare's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Molina Healthcare 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.

Molina Healthcare's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=280.80/18.27
=15.37

* 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.

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

For example, Molina Healthcare'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)
=2.951/131.7762*131.7762
=2.951

Current CPI (Mar. 2024) = 131.7762.

Molina Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.072 100.560 0.094
201409 9.119 100.428 11.965
201412 2.924 99.070 3.889
201503 9.776 99.621 12.931
201506 0.875 100.684 1.145
201509 3.312 100.392 4.347
201512 2.925 99.792 3.862
201603 1.465 100.470 1.921
201606 1.343 101.688 1.740
201609 4.996 101.861 6.463
201612 0.119 101.863 0.154
201703 11.571 102.862 14.824
201706 -1.287 103.349 -1.641
201709 3.861 104.136 4.886
201712 -2.349 104.011 -2.976
201803 4.851 105.290 6.071
201806 -1.155 106.317 -1.432
201809 -6.500 106.507 -8.042
201812 -1.663 105.998 -2.067
201903 3.249 107.251 3.992
201906 -1.480 108.070 -1.805
201909 3.312 108.329 4.029
201912 0.129 108.420 0.157
202003 1.810 108.902 2.190
202006 8.820 108.767 10.686
202009 -2.521 109.815 -3.025
202012 19.658 109.897 23.572
202103 7.913 111.754 9.331
202106 6.822 114.631 7.842
202109 6.382 115.734 7.267
202112 8.440 117.630 9.455
202203 5.259 121.301 5.713
202206 5.524 125.017 5.823
202209 3.863 125.227 4.065
202212 -3.582 125.222 -3.769
202303 14.235 127.348 14.730
202306 7.269 128.729 7.441
202309 14.886 129.860 15.106
202312 -10.811 129.419 -11.008
202403 2.951 131.776 2.951

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.


Molina Healthcare  (STU:MHG) 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.


Molina Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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


Molina Healthcare (STU:MHG) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.

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