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Accelera Innovations (Accelera Innovations) Free Cash Flow per Share : $0.00 (TTM As of Sep. 2017)


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What is Accelera Innovations Free Cash Flow per Share?

Accelera Innovations's Free Cash Flow per Share for the three months ended in Sep. 2017 was $0.00. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2017 was $0.00.

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 FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for Accelera Innovations's Free Cash Flow per Share or its related term are showing as below:

ACNV's 3-Year FCF Growth Rate is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.7
* Ranked among companies with meaningful 3-Year FCF Growth Rate only.

Accelera Innovations Free Cash Flow per Share Historical Data

The historical data trend for Accelera Innovations's Free Cash Flow 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.

Accelera Innovations Free Cash Flow per Share Chart

Accelera Innovations Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Free Cash Flow per Share
Get a 7-Day Free Trial -0.01 -0.06 -0.07 -0.01 -

Accelera Innovations Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Free Cash Flow 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 - - - - -

Competitive Comparison of Accelera Innovations's Free Cash Flow per Share

For the Health Information Services subindustry, Accelera Innovations's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Accelera Innovations's Price-to-Free-Cash-Flow Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Accelera Innovations's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Accelera Innovations's Price-to-Free-Cash-Flow falls into.



Accelera Innovations Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

Accelera Innovations's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Free Cash Flow Per Share(A: Dec. 2016 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-0.215+0)/48.727
=/48.727
=0.00

Accelera Innovations's Free Cash Flow Per Share for the quarter that ended in Sep. 2017 is calculated as

Free Cash Flow Per Share(Q: Sep. 2017 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-0.031+0)/81.408
=/81.408
=0.00

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00

* 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.


Accelera Innovations  (OTCPK:ACNV) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec16, Accelera Innovations's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec16)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/0+0
=0 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Accelera Innovations Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of Accelera Innovations's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Accelera Innovations (Accelera Innovations) Business Description

Traded in Other Exchanges
N/A
Address
20511 Abbey Drive, Frankfort, IL, USA, 60423
Accelera Innovations Inc is a U.S based healthcare service company focused on integrating its licensed technology assets into acquired companies. Its team of home health care professionals includes nurses, physical therapists, occupational therapists, speech-language pathologists, medical social workers and home health aides. The company provides billing, practice management, and administrative services to doctors and other clinicians who provide services to nursing homes and individual clients.

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