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Select Medical Holdings (Select Medical Holdings) Cyclically Adjusted Price-to-FCF : 12.24 (As of Apr. 27, 2024)


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What is Select Medical Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Select Medical Holdings's current share price is $27.41. Select Medical Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.24. Select Medical Holdings's Cyclically Adjusted Price-to-FCF for today is 12.24.

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

SEM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.37   Med: 14.3   Max: 23.56
Current: 12.25

During the past years, Select Medical Holdings's highest Cyclically Adjusted Price-to-FCF was 23.56. The lowest was 8.37. And the median was 14.30.

SEM's Cyclically Adjusted Price-to-FCF is ranked better than
71.95% of 164 companies
in the Healthcare Providers & Services industry
Industry Median: 24.535 vs SEM: 12.25

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.

Select Medical Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.960. 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 $2.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Select Medical Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Select Medical Holdings'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.

Select Medical Holdings Cyclically Adjusted Price-to-FCF Chart

Select Medical Holdings 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 19.28 15.01 14.66 12.45 10.51

Select Medical Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.45 12.63 14.53 11.52 10.51

Competitive Comparison of Select Medical Holdings's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Select Medical Holdings'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.


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

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

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



Select Medical Holdings 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.

Select Medical Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.41/2.24
=12.24

* 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.

Select Medical Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Select Medical Holdings'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)
=0.96/129.4194*129.4194
=0.960

Current CPI (Dec. 2023) = 129.4194.

Select Medical Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.318 99.695 -0.413
201406 0.274 100.560 0.353
201409 0.687 100.428 0.885
201412 -0.027 99.070 -0.035
201503 0.076 99.621 0.099
201506 -0.028 100.684 -0.036
201509 0.653 100.392 0.842
201512 -0.499 99.792 -0.647
201603 0.505 100.470 0.651
201606 0.263 101.688 0.335
201609 0.504 101.861 0.640
201612 0.175 101.863 0.222
201703 -0.828 102.862 -1.042
201706 0.323 103.349 0.404
201709 0.163 104.136 0.203
201712 0.392 104.011 0.488
201803 0.086 105.290 0.106
201806 0.956 106.317 1.164
201809 0.955 106.507 1.160
201812 0.512 105.998 0.625
201903 -0.056 107.251 -0.068
201906 0.390 108.070 0.467
201909 0.762 108.329 0.910
201912 1.121 108.420 1.338
202003 0.036 108.902 0.043
202006 4.717 108.767 5.613
202009 0.772 109.815 0.910
202012 1.279 109.897 1.506
202103 1.536 111.754 1.779
202106 0.663 114.631 0.749
202109 0.383 115.734 0.428
202112 -0.894 117.630 -0.984
202203 -0.314 121.301 -0.335
202206 1.004 125.017 1.039
202209 0.428 125.227 0.442
202212 -0.349 125.222 -0.361
202303 -0.061 127.348 -0.062
202306 1.430 128.729 1.438
202309 0.536 129.860 0.534
202312 0.960 129.419 0.960

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.


Select Medical Holdings  (NYSE:SEM) 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.


Select Medical Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Select Medical Holdings (Select Medical Holdings) Business Description

Traded in Other Exchanges
Address
4714 Gettysburg Road, P.O. Box 2034, Mechanicsburg, PA, USA, 17055
Select Medical Holdings Corp is a healthcare company that operates through four main segments: critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions. Critical illness recovery hospitals and rehabilitation centres are designed for patients requiring extended recovery time with medical services. These two sectors combined compose roughly half of the total revenue and include over 103 critical illness recovery hospitals and inpatient rehab facilities. The outpatient rehabilitation segment includes over 1,928 rehabilitation clinics. The Concentra segment includes over 540 occupational health centers and 147 onsite clinics. The company is headquartered in Pennsylvania, and it operates across the United States.
Executives
Robert A Ortenzio director, officer: Chief Executive Officer 4718 OLD GETTYSBURG RD, POST OFFICE BOX 2034, MECHANICSBURG PA 30309
Breighner Robert G. Jr officer: Vice President, Compliance C/O SELECT MEDICAL HOLDINGS CORPORATION, 4714 GETTYSBURG ROAD, MACHANICSBURG PA 17055
Michael F Malatesta officer: Senior Vice President, Finance C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Christopher Weigl officer: Chief Accounting Officer C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
David S Chernow officer: Chief Executive Officer C/O JUNIOR ACHIEVEMENT INC, ONE EDUCATION WAY, COLORADO SPRINGS CO 80906
Parvinderjit S. Khanuja director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG RD, P.O. BOX 2034, MECHANICSBURG PA 17055
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Michael E Tarvin officer: Executive Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Martin F Jackson officer: Executive Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Katherine R Davisson director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Scott A Romberger officer: Senior Vice President 4716 OLD GETTYSBURG ROAD, PO BOX 2034, MECHANICSBURG PA 17055
Thomas P Mullin officer: Executive Vice President C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD, P.O. BOX 2034, MECHANICSBURG PA 17055
Leopold Swergold director
Daniel Thomas director C/O SELECT MEDICAL CORPORATION, 4714 GETTYSBURG ROAD P.O. BOX 2034, MECHANICSBURG PA 17055

Select Medical Holdings (Select Medical Holdings) Headlines

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