GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kindred Healthcare Inc (NYSE:KND) » Definitions » Cyclically Adjusted Price-to-FCF

Kindred Healthcare (Kindred Healthcare) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to 2001. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


Kindred Healthcare Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kindred 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.

* Premium members only.

Kindred Healthcare Cyclically Adjusted Price-to-FCF Chart

Kindred Healthcare Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Kindred Healthcare Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 - - - - -

Competitive Comparison of Kindred Healthcare's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Kindred 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.


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

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

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



Kindred 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=-1.715/105.2895*105.2895
=-1.715

Current CPI (Mar. 2018) = 105.2895.

Kindred Healthcare Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 0.105 92.320 0.120
200809 -1.030 92.307 -1.175
200812 2.475 88.697 2.938
200903 -0.994 89.744 -1.166
200906 1.145 91.003 1.325
200909 0.608 91.120 0.703
200912 1.516 91.111 1.752
201003 -0.936 91.821 -1.073
201006 1.516 91.962 1.736
201009 0.487 92.162 0.556
201012 -0.211 92.474 -0.240
201103 0.268 94.283 0.299
201106 -1.004 95.235 -1.110
201109 -0.277 95.727 -0.305
201112 -0.386 95.213 -0.427
201203 -0.700 96.783 -0.762
201206 0.230 96.819 0.250
201209 1.941 97.633 2.093
201212 0.405 96.871 0.440
201303 0.001 98.209 0.001
201306 0.595 98.518 0.636
201309 1.612 98.790 1.718
201312 -0.552 98.326 -0.591
201403 -0.724 99.695 -0.765
201406 -1.393 100.560 -1.459
201409 1.068 100.428 1.120
201412 0.842 99.070 0.895
201503 -2.088 99.621 -2.207
201506 0.872 100.684 0.912
201509 1.057 100.392 1.109
201512 0.395 99.792 0.417
201603 -1.816 100.470 -1.903
201606 1.117 101.688 1.157
201609 0.070 101.861 0.072
201612 1.288 101.863 1.331
201703 -1.244 102.862 -1.273
201706 0.793 103.349 0.808
201709 -0.164 104.136 -0.166
201712 0.398 104.011 0.403
201803 -1.715 105.290 -1.715

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.


Kindred Healthcare  (NYSE:KND) 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.


Kindred Healthcare Cyclically Adjusted Price-to-FCF Related Terms

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


Kindred Healthcare (Kindred Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
Kindred Healthcare Inc is a healthcare-services company in the United States that operates in four divisions: hospitals, Kindred at Home, Kindred Rehabilitation Services, and nursing centers. The hospital division provides long-term acute-care services through a network of transitional-care hospitals. The Kindred at Home division provides home health and hospice care for patients in their homes, nursing centers, and other residential settings. This segment contributes the majority of the firm's total revenue. The Rehabilitation Services division provides physical and occupational therapy to residents of nursing centers, hospitals, outpatient clinics, and assisted living facilities. Kindred's nursing center division operates nursing centers and assisted-care facilities.
Executives
Heyward R Donigan director 452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Phyllis R Yale director
Paul J Diaz director 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Joel Ackerman director COVENTRY HEALTH CARE, INC., 6705 ROCKLEDGE DR SUITE 900, BETHESDA MD 20817
Richard Goodman director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Christopher T Hjelm director C/O THE KROGER CO., 1014 VINE ST., CINCINNATI OH 45202
Stephen D Farber officer: EVP & Chief Financial Officer 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Jonathan David Blum director C/O YUM BRANDS INC, 1441 GARDINER LANE, LOUISVILLE KY 40213
Lynn T Simon director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Fred J Kleisner director C/O MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Sharad Mansukani director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Thomas P Cooper director PO BOX 3335, SANTA FE CA 92067
John H Short director 7733 FORSYTH BLVD.,, SUITE 2300, ST. LOUIS MO 63105
Edward L Kuntz director, other: Chairman of the Board
Richard A Lechleiter officer: Executive VP and CFO PO BOX 32890, LOUISVILLE KY 40232-2890