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Envision Healthcare (Envision Healthcare) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Envision Healthcare Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Envision Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Envision Healthcare'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.

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Envision Healthcare Cyclically Adjusted Price-to-FCF Chart

Envision Healthcare Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Envision Healthcare Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Envision Healthcare's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Envision Healthcare'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.


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

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

* The bar in red indicates where Envision Healthcare's Cyclically Adjusted Price-to-FCF falls into.



Envision Healthcare 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.

Envision Healthcare's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Envision Healthcare's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=-0.381/106.3168*106.3168
=-0.381

Current CPI (Jun. 2018) = 106.3168.

Envision Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200809 1.590 92.307 1.831
200812 1.595 88.697 1.912
200903 1.652 89.744 1.957
200906 1.676 91.003 1.958
200909 1.834 91.120 2.140
200912 1.730 91.111 2.019
201003 1.654 91.821 1.915
201006 1.583 91.962 1.830
201009 1.695 92.162 1.955
201012 1.952 92.474 2.244
201103 1.513 94.283 1.706
201106 1.780 95.235 1.987
201109 1.847 95.727 2.051
201112 1.947 95.213 2.174
201203 2.009 96.783 2.207
201206 2.089 96.819 2.294
201209 2.090 97.633 2.276
201212 2.251 96.871 2.470
201303 2.125 98.209 2.300
201306 2.270 98.518 2.450
201309 2.755 98.790 2.965
201312 2.361 98.326 2.553
201403 1.955 99.695 2.085
201406 2.318 100.560 2.451
201409 2.492 100.428 2.638
201412 2.776 99.070 2.979
201503 1.754 99.621 1.872
201506 2.800 100.684 2.957
201509 3.149 100.392 3.335
201512 1.565 99.792 1.667
201603 1.222 100.470 1.293
201606 1.594 101.688 1.667
201609 2.389 101.861 2.494
201612 0.445 101.863 0.464
201703 0.480 102.862 0.496
201706 1.928 103.349 1.983
201709 1.096 104.136 1.119
201712 1.360 104.011 1.390
201803 -0.065 105.290 -0.066
201806 -0.381 106.317 -0.381

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.


Envision Healthcare  (NYSE:EVHC) 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.


Envision Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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Envision Healthcare (Envision Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
AmSurg acquires and develops practice-based ambulatory surgery centers in partnership with physician groups. The company has a majority interest in 264 surgery centers in 35 states. AmSurg centers are typically single-specialty and perform procedures in the areas of gastroenterology, ophthalmology, and orthopedics.