HCA Healthcare (BSP:H1CA34) EV-to-FCF: 22.85 (As of Aug. 09, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:H1CA34 HCA Healthcare Inc BSP:H1CA34
94 GF Score
Price R$104.80
GF Value R$117.68
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is HCA Healthcare EV-to-FCF?

HCA Healthcare BSP:H1CA34 +1.09% 94 EV-to-FCF is 22.85 as of Aug. 09, 2026, which is 5% below its 10-year median of 24.15. GuruFocus rates BSP:H1CA34 with a GF Score™ of 94/100 and a GF Value™ of R$117.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 405 Healthcare Providers & Services companies, HCA Healthcare ranks worse than 62.47% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HCA Healthcare's Enterprise Value is R$728,143 Mil. HCA Healthcare's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was R$31,859 Mil. Therefore, HCA Healthcare's EV-to-FCF for today is 22.85.

The historical rank and industry rank for HCA Healthcare's EV-to-FCF or its related term are showing as below:

BSP:H1CA34' s EV-to-FCF Range Over the Past 10 Years
Min: -588.85   Med: 24.15   Max: 190.1
Current: 23.92

During the past 13 years, the highest EV-to-FCF of HCA Healthcare was 190.10. The lowest was -588.85. And the median was 24.15.

BSP:H1CA34's EV-to-FCF is ranked worse than
62.47% of 405 companies
in the Healthcare Providers & Services industry
Industry Median: 18.84 vs BSP:H1CA34: 23.92

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-09), HCA Healthcare's stock price is R$104.80. HCA Healthcare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was R$7.908. Therefore, HCA Healthcare's PE Ratio (TTM) for today is 13.25.


HCA Healthcare  (BSP:H1CA34) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

HCA Healthcare's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=104.80/7.908
=13.25

HCA Healthcare's share price for today is R$104.80.
HCA Healthcare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$7.908.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


HCA Healthcare EV-to-FCF Related Terms


HCA Healthcare EV-to-FCF Historical Data

* Premium members only.

The historical data trend for HCA Healthcare's EV-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.

HCA Healthcare EV-to-FCF Chart

HCA Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.59 26.30 24.67 21.53 20.25

HCA Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-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 19.07 18.09 20.25 19.87 23.17

BSP:H1CA34 vs THC, DVA, EHC: EV-to-FCF Comparison

For the Medical Care Facilities subindustry, HCA Healthcare's EV-to-FCF, along with its competitors' market caps and EV-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.


HCA Healthcare EV-to-FCF vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HCA Healthcare's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where HCA Healthcare's EV-to-FCF falls into.


BSP:H1CA34
94GF Score
HCA Healthcare Inc BSP:H1CA34
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HCA Healthcare EV-to-FCF Calculation

HCA Healthcare's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=728143.124/31859.421
=22.85

HCA Healthcare's current Enterprise Value is R$728,143 Mil.
HCA Healthcare's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$31,859 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 22.85 mean?
HCA Healthcare (BSP:H1CA34) has a EV-to-FCF of 22.85 as of Aug. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HCA Healthcare and its competitors. This is near median its historical median of 24.15. According to the industry distribution chart, HCA Healthcare ranks #253 out of 405 companies in the Healthcare Providers & Services industry, placing it in the top 62.5%.
Is HCA Healthcare's EV-to-FCF too high?
HCA Healthcare's current EV-to-FCF of 22.85 is near median its 10-year median of 24.15. The Healthcare Providers & Services industry median EV-to-FCF is 18.84. HCA Healthcare's value of 22.85 is 21.3% above this industry median. Based on the distribution chart, HCA Healthcare ranks #253 out of 405 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, HCA Healthcare has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCA Healthcare's EV-to-FCF compare to THC and DVA?
According to the Healthcare Providers & Services industry distribution chart, HCA Healthcare ranks #253 out of 405 companies for EV-to-FCF. This places HCA Healthcare in the lower half of its industry. The industry median EV-to-FCF is 18.84. HCA Healthcare's value of 22.85 is 21.3% above this benchmark. While the company's 10-year median is 24.15 vs. the industry median of 18.84, HCA Healthcare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Healthcare Providers & Services company?
The median EV-to-FCF among Healthcare Providers & Services companies is 18.84, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HCA Healthcare's current EV-to-FCF of 22.85 is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HCA Healthcare and its competitors. For the Healthcare Providers & Services industry, the median EV-to-FCF is 18.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCA Healthcare's current EV-to-FCF is 22.85, which is near median its own 10-year median of 24.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCA Healthcare stock overvalued right now?
Based on GuruFocus' analysis, HCA Healthcare (BSP:H1CA34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$117.68, compared to a current price of R$104.80 — trading 10.9% below its estimated fair value. The current EV-to-FCF is 22.85, which is near median its 10-year median of 24.15 and 21.3% above the Healthcare Providers & Services industry median of 18.84. HCA Healthcare's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For HCA Healthcare (BSP:H1CA34), the current EV-to-FCF is 22.85 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HCA Healthcare (BSP:H1CA34) Overvalued in 2026?

Based on GuruFocus' analysis, HCA Healthcare stock appears to be undervalued. The current stock price of R$104.80 is trading 10.9% below its estimated GF Value™ of R$117.68. GuruFocus considers HCA Healthcare to be Modestly Undervalued.

Key valuation signals for BSP:H1CA34:

  • EV-to-FCF: 22.85 (near median its 10-year median of 24.15)
  • GF Value™: R$117.68 vs. price of R$104.80 (10.9% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 21.3% above the Healthcare Providers & Services median (#253 of 405)

No single metric tells the full story. See the BSP:H1CA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HCA Healthcare Business Description

Address One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2025, the firm owned and operated 190 hospitals and over 2,500 outpatient facillities across 19 states and a small foothold in the United Kingdom.
94GF Score

Get the complete analysis for BSP:H1CA34

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$104.80
Price
R$117.68
GF Value