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Laboratory of America Holdings (BSP:L1CA34) Cyclically Adjusted FCF per Share : R$18.26 (As of Mar. 2024)


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What is Laboratory of America Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Laboratory of America Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$-2.405. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$18.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Laboratory of America Holdings's average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Laboratory of America Holdings was 53.70% per year. The lowest was -7.20% per year. And the median was 10.15% per year.

As of today (2024-05-19), Laboratory of America Holdings's current stock price is R$268.34. Laboratory of America Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$18.26. Laboratory of America Holdings's Cyclically Adjusted Price-to-FCF of today is 14.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Laboratory of America Holdings was 23.33. The lowest was 10.59. And the median was 16.62.


Laboratory of America Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Laboratory of America Holdings's Cyclically Adjusted FCF 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.

Laboratory of America Holdings Cyclically Adjusted FCF per Share Chart

Laboratory of America Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 16.37 20.20 21.45 17.67

Laboratory of America Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF 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 20.73 20.19 18.23 17.67 18.26

Competitive Comparison of Laboratory of America Holdings's Cyclically Adjusted FCF per Share

For the Diagnostics & Research subindustry, Laboratory of America 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.


Laboratory of America Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Laboratory of America Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Laboratory of America Holdings's Cyclically Adjusted Price-to-FCF falls into.



Laboratory of America Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Laboratory of America Holdings'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)
=-2.405/131.7762*131.7762
=-2.405

Current CPI (Mar. 2024) = 131.7762.

Laboratory of America Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.032 100.560 1.352
201409 0.831 100.428 1.090
201412 1.284 99.070 1.708
201503 -1.011 99.621 -1.337
201506 2.486 100.684 3.254
201509 2.088 100.392 2.741
201512 2.813 99.792 3.715
201603 0.501 100.470 0.657
201606 2.323 101.688 3.010
201609 1.424 101.861 1.842
201612 3.173 101.863 4.105
201703 1.143 102.862 1.464
201706 1.907 103.349 2.432
201709 2.427 104.136 3.071
201712 3.716 104.011 4.708
201803 0.850 105.290 1.064
201806 2.748 106.317 3.406
201809 1.540 106.507 1.905
201812 3.497 105.998 4.347
201903 0.691 107.251 0.849
201906 1.642 108.070 2.002
201909 3.803 108.329 4.626
201912 4.624 108.420 5.620
202003 1.222 108.902 1.479
202006 3.614 108.767 4.379
202009 9.757 109.815 11.708
202012 8.834 109.897 10.593
202103 15.192 111.754 17.914
202106 4.993 114.631 5.740
202109 8.828 115.734 10.052
202112 8.609 117.630 9.644
202203 3.161 121.301 3.434
202206 6.024 125.017 6.350
202209 4.206 125.227 4.426
202212 8.152 125.222 8.579
202303 0.629 127.348 0.651
202306 3.379 128.729 3.459
202309 2.421 129.860 2.457
202312 5.908 129.419 6.016
202403 -2.405 131.776 -2.405

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Laboratory of America Holdings  (BSP:L1CA34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Laboratory of America Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=268.34/18.26
=14.70

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Laboratory of America Holdings was 23.33. The lowest was 10.59. And the median was 16.62.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Laboratory of America Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Laboratory of America Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Laboratory of America Holdings (BSP:L1CA34) Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.

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