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Change Healthcare Price-to-Free-Cash-Flow

: 21.32 (As of Today)
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As of today (2022-08-18), Change Healthcare's share price is $24.99. Change Healthcare's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2022 was $1.17. Hence, Change Healthcare's Price-to-Free-Cash-Flow Ratio for today is 21.32.

The historical rank and industry rank for Change Healthcare's Price-to-Free-Cash-Flow or its related term are showing as below:

CHNG' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 16.5   Med: 23.22   Max: 43.59
Current: 21.32

During the past 6 years, Change Healthcare's highest Price-to-Free-Cash-Flow Ratio was 43.59. The lowest was 16.50. And the median was 23.22.

CHNG's Price-to-Free-Cash-Flow is ranked worse than
54.44% of 360 companies
in the Healthcare Providers & Services industry
Industry Median: 19.25 vs CHNG: 21.32

Change Healthcare's Free Cash Flow per Share for the three months ended in Jun. 2022 was $0.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.17.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Change Healthcare was 34.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 255.10% per year.

During the past 6 years, Change Healthcare's highest 3-Year average Free Cash Flow per Share Growth Rate was 255.10% per year. The lowest was 255.10% per year. And the median was 255.10% per year.


Change Healthcare Price-to-Free-Cash-Flow Historical Data

The historical data trend for Change Healthcare's Price-to-Free-Cash-Flow 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.

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Price-to-Free-Cash-Flow
Premium Member Only - - - 20.87 16.80

Change Healthcare Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Price-to-Free-Cash-Flow 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 Premium Member Only 26.45 22.30 24.57 16.80 19.68

Competitive Comparison

For the Health Information Services subindustry, Change Healthcare'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.

   

Change Healthcare Price-to-Free-Cash-Flow Distribution

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

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



Change Healthcare Price-to-Free-Cash-Flow Calculation

Change Healthcare's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=24.99/1.172
=21.32

Change Healthcare's Share Price of today is $24.99.
Change Healthcare's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.17.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Change Healthcare  (NAS:CHNG) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Change Healthcare Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Change Healthcare's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Change Healthcare Business Description

Change Healthcare logo
Traded in Other Exchanges
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spin-off of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Byers Tracy officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Domenici Nella director C/O ALLIANCEBERNSTEIN 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Martin Steven B. officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Mckenzie Diana director METLIFE 200 PARK AVENUE NEW YORK NY 10166
Blackstone Family Investment Partnership Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
O'reilly Roderick H. officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Bcp Vi Side-by-side Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
Mcenery Thomas officer: EVP & Chief Marketing Officer
Simpkins Neil P director C/O BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
Whitley-taylor Linda officer: EVP & Chief People Officer AMERIGROUP CORPORATION 4425 CORPORATION LANE VIRGINIA BEACH VA 23462
Roe Phillip W. director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Joshi Kriten officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Rareshide Paul officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Laur Thomas officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Calhoun August officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

Change Healthcare Headlines

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