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HealthEquity (HealthEquity) Cyclically Adjusted Price-to-FCF : 94.37 (As of May. 26, 2024)


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What is HealthEquity Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), HealthEquity's current share price is $79.27. HealthEquity's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.84. HealthEquity's Cyclically Adjusted Price-to-FCF for today is 94.37.

The historical rank and industry rank for HealthEquity's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HQY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 81.09   Med: 94.91   Max: 129.34
Current: 94.93

During the past years, HealthEquity's highest Cyclically Adjusted Price-to-FCF was 129.34. The lowest was 81.09. And the median was 94.91.

HQY's Cyclically Adjusted Price-to-FCF is ranked worse than
87.06% of 170 companies
in the Healthcare Providers & Services industry
Industry Median: 23.48 vs HQY: 94.93

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.

HealthEquity's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $0.750. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.84 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


HealthEquity Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HealthEquity'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.

* Premium members only.

HealthEquity Cyclically Adjusted Price-to-FCF Chart

HealthEquity Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 97.06 90.51

HealthEquity Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-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 97.06 81.45 93.03 92.96 90.51

Competitive Comparison of HealthEquity's Cyclically Adjusted Price-to-FCF

For the Health Information Services subindustry, HealthEquity'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.


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

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

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



HealthEquity 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.

HealthEquity's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=79.27/0.84
=94.37

* 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.

HealthEquity's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, HealthEquity's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.75/130.1244*130.1244
=0.750

Current CPI (Jan. 2024) = 130.1244.

HealthEquity Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.015 100.023 -0.020
201407 0.036 100.520 0.047
201410 0.061 100.176 0.079
201501 0.047 98.604 0.062
201504 -0.009 99.824 -0.012
201507 0.060 100.691 0.078
201510 -0.417 100.346 -0.541
201601 -0.026 99.957 -0.034
201604 -0.004 100.947 -0.005
201607 0.177 101.524 0.227
201610 0.186 101.988 0.237
201701 0.188 102.456 0.239
201704 0.186 103.167 0.235
201707 0.235 103.278 0.296
201710 0.152 104.070 0.190
201801 0.209 104.578 0.260
201804 0.311 105.708 0.383
201807 0.390 106.324 0.477
201810 0.384 106.695 0.468
201901 0.473 106.200 0.580
201904 0.273 107.818 0.329
201907 0.376 108.250 0.452
201910 0.007 108.577 0.008
202001 0.281 108.841 0.336
202004 -0.142 108.173 -0.171
202007 0.321 109.318 0.382
202010 0.398 109.861 0.471
202101 0.517 110.364 0.610
202104 0.155 112.673 0.179
202107 0.173 115.183 0.195
202110 -0.687 116.696 -0.766
202201 0.409 118.619 0.449
202204 -0.799 121.978 -0.852
202207 0.225 125.002 0.234
202210 0.407 125.734 0.421
202301 0.534 126.223 0.551
202304 0.260 127.992 0.264
202307 0.774 128.974 0.781
202310 0.479 129.810 0.480
202401 0.750 130.124 0.750

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.


HealthEquity  (NAS:HQY) 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.


HealthEquity Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of HealthEquity's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


HealthEquity (HealthEquity) Business Description

Traded in Other Exchanges
Address
15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
Executives
Delano Ladd officer: Executive VP, GC & Corp. Secy. 15W. SCENIC POINTE DR., SUITE 100, DRAPER UT 84020
Ian Sacks director TOWERBROOK CAP., PARK AVENUE TOWER, 65 E 55TH ST., 27TH FLOOR, NEW YORK NY 10022
Elimelech Rosner officer: EVP, Chief Technology Officer 5196 BELMORE COURT, SUWANEE GA 30024
Stephen Neeleman director, officer: Founder and Vice Chairman 15 W. SCENIC POINTE DR., STE. 100, DRAPER UT 84020
Tyson D. Murdock officer: EVP & CFO 2275 S. 2200 E., SALT LAKE CITY UT 84109
Jon Kessler director, officer: President and CEO 15 W. SCENIC POINTE DR., STE. 100, DRAPER UT 84020
Frank Corvino director GREENWICH HOSPITAL, 5 PERRYRIDGE ROAD, GREENWICH CT 06830
Larry L Trittschuh officer: EVP Chief Security Officer 1051 RUNNYMEDE ROAD, OAKWOOD OH 45419
James M Lucania officer: EVP & CFO 101 WOLF DRIVE, THOROFARE NJ 08086
Gayle Furgurson Wellborn director 123 TORRENCE CHAPEL ROAD, MOORESVILLE NC 28117
Debra Charlotte Mccowan director 1436 CABRILLO AVENUE, BURLINGAME CA 94010
Paul Black director 400 WOOD ROAD, BRAINTREE MA 02184
Edward Bloomberg officer: Chief Operating Officer 13207 WINDSOR STREET, LEAWOOD KS 66209
Rajesh Natarajan director 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Evelyn S Dilsaver director C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596