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Community Health Systems (Community Health Systems) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Community Health Systems Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Health Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Community Health Systems'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.

Community Health Systems Cyclically Adjusted Price-to-FCF Chart

Community Health Systems 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 0.84 1.71 3.77 1.47 1.43

Community Health Systems 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 1.64 1.51 1.02 1.43 -

Competitive Comparison of Community Health Systems's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Community Health Systems'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.


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

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

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



Community Health Systems 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.

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

For example, Community Health Systems'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)
=0.023/129.4194*129.4194
=0.023

Current CPI (Mar. 2024) = 129.4194.

Community Health Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.371 100.560 3.051
201409 -0.647 100.428 -0.834
201412 5.943 99.070 7.764
201503 -2.625 99.621 -3.410
201506 2.860 100.684 3.676
201509 -0.954 100.392 -1.230
201512 0.432 99.792 0.560
201603 0.635 100.470 0.818
201606 1.398 101.688 1.779
201609 0.216 101.861 0.274
201612 1.298 101.863 1.649
201703 0.863 102.862 1.086
201706 1.188 103.349 1.488
201709 -0.357 104.136 -0.444
201712 0.179 104.011 0.223
201803 -0.570 105.290 -0.701
201806 -1.214 106.317 -1.478
201809 2.020 106.507 2.455
201812 -2.480 105.998 -3.028
201903 0.106 107.251 0.128
201906 0.360 108.070 0.431
201909 -1.616 108.329 -1.931
201912 0.685 108.420 0.818
202003 -0.367 108.902 -0.436
202006 13.564 108.767 16.139
202009 2.309 109.815 2.721
202012 -0.388 109.897 -0.457
202103 -0.032 111.754 -0.037
202106 0.551 114.631 0.622
202109 -0.015 115.734 -0.017
202112 -5.018 117.630 -5.521
202203 0.031 121.301 0.033
202206 -0.318 125.017 -0.329
202209 0.341 125.227 0.352
202212 -0.909 125.222 -0.939
202303 -0.902 127.348 -0.917
202306 -0.145 128.729 -0.146
202309 -0.773 129.860 -0.770
202312 -0.153 129.419 -0.153
202403 0.023 129.419 0.023

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.


Community Health Systems  (NYSE:CYH) 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.


Community Health Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Community Health Systems (Community Health Systems) Business Description

Traded in Other Exchanges
Address
4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Executives
Wayne T Smith director, officer: Executive Officer and Director 500 WEST MAIN STREET, LOUISVILLE KY 40202
Charles J Cova officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Burgess Ronald L Jr director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Susan W Brooks director 200 EAST JACKSON ST, MUNCIE IN 47305
Justin D Pitt officer: EVP and General Counsel 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Joseph Arthur Hastings director 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
John A Fry director C/O DELAWARE INVESTMENTS, 2005 MARKET ST. 34TH FL., PHILADELPHIA PA 19103
William Norris Jennings director 509 ALTA GATE ROAD, LOUISVILLE KY 40206
Chad A Campbell officer: Regional President 4000 MERIDIAN BLVD, FRANKLIN TN 37067
David E Nicely officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Kevin A Stockton officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Mark B Medley officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Austen D Mason officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Tian Qiao Chen 10 percent owner 2735 SAND HILL ROAD, #140, MENLO PARK CA 94025