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Ensign Group (Ensign Group) Cyclically Adjusted FCF per Share : $2.62 (As of Dec. 2023)


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What is Ensign Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Ensign Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.981. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ensign Group's average Cyclically Adjusted FCF Growth Rate was 24.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 29.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ensign Group was 40.40% per year. The lowest was -1.30% per year. And the median was 31.00% per year.

As of today (2024-04-28), Ensign Group's current stock price is $117.25. Ensign Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.62. Ensign Group's Cyclically Adjusted Price-to-FCF of today is 44.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ensign Group was 71.93. The lowest was 29.00. And the median was 46.59.


Ensign Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ensign Group's Cyclically Adjusted FCF per Share 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.

Ensign Group Cyclically Adjusted FCF per Share Chart

Ensign Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.41 1.78 2.10 2.62

Ensign Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 2.10 2.12 2.32 2.45 2.62

Competitive Comparison of Ensign Group's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Ensign Group'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.


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

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

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



Ensign Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ensign Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.981/129.4194*129.4194
=0.981

Current CPI (Dec. 2023) = 129.4194.

Ensign Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.111 99.695 0.144
201406 -0.011 100.560 -0.014
201409 0.433 100.428 0.558
201412 0.142 99.070 0.186
201503 -0.138 99.621 -0.179
201506 -0.286 100.684 -0.368
201509 -0.133 100.392 -0.171
201512 0.044 99.792 0.057
201603 -0.106 100.470 -0.137
201606 0.114 101.688 0.145
201609 0.356 101.861 0.452
201612 -0.205 101.863 -0.260
201703 0.144 102.862 0.181
201706 -0.108 103.349 -0.135
201709 0.408 104.136 0.507
201712 0.037 104.011 0.046
201803 0.548 105.290 0.674
201806 0.878 106.317 1.069
201809 0.782 106.507 0.950
201812 0.722 105.998 0.882
201903 0.126 107.251 0.152
201906 0.498 108.070 0.596
201909 0.844 108.329 1.008
201912 0.684 108.420 0.816
202003 0.203 108.902 0.241
202006 2.460 108.767 2.927
202009 1.746 109.815 2.058
202012 1.395 109.897 1.643
202103 0.333 111.754 0.386
202106 0.976 114.631 1.102
202109 1.400 115.734 1.566
202112 0.909 117.630 1.000
202203 0.528 121.301 0.563
202206 1.103 125.017 1.142
202209 1.231 125.227 1.272
202212 0.392 125.222 0.405
202303 0.380 127.348 0.386
202306 1.655 128.729 1.664
202309 1.702 129.860 1.696
202312 0.981 129.419 0.981

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ensign Group  (NAS:ENSG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Ensign Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=117.25/2.62
=44.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ensign Group was 71.93. The lowest was 29.00. And the median was 46.59.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ensign Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Ensign Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ensign Group (Ensign Group) Business Description

Traded in Other Exchanges
Address
29222 Rancho Viejo Road, Suite 127, San Juan Capistrano, CA, USA, 92675
Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The real estate segment comprises of properties owned by the company and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the services segment.
Executives
Daren Shaw director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Spencer Burton officer: President and COO 29222 RANCHO VIEJO ROAD, SUITE 127, SAN JUAN CAPISTRANO CA 92675
Ann Scott Blouin director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Chad Keetch officer: Executive Vice President 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen director, 10 percent owner, officer: President & CEO 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Suzanne D. Snapper officer: CFO 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
John O Agwunobi director 4800 NORTH SCOTTSDALE ROAD, SCOTTSDALE AZ 85251
Lee A Daniels director 5152 N. EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Beverly B. Wittekind officer: VP & General Counsel 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
Barry Port officer: President of a subsidiary 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
John G. Nackel director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Swati Bargotra Abbott director 4800 NORTH SCOTTSDALE ROAD, SUITE 4400, SCOTTSDALE AZ 85251
Antoinette T. Hubenette director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Malene Davis director 50 F. STREET, NW, SUITE 3300, WASHINGTON DC 92691
Roy E Christensen director, 10 percent owner, officer: Chairman of the Board 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691

Ensign Group (Ensign Group) Headlines