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Cardinal Health (LTS:0HTG) Cyclically Adjusted Price-to-FCF : 11.44 (As of May. 24, 2024)


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What is Cardinal Health Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Cardinal Health's current share price is $96.29. Cardinal Health's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.42. Cardinal Health's Cyclically Adjusted Price-to-FCF for today is 11.44.

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

LTS:0HTG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.85   Med: 11.2   Max: 21.16
Current: 11.43

During the past years, Cardinal Health's highest Cyclically Adjusted Price-to-FCF was 21.16. The lowest was 6.85. And the median was 11.20.

LTS:0HTG's Cyclically Adjusted Price-to-FCF is ranked better than
84.37% of 32 companies
in the Medical Distribution industry
Industry Median: 26.27 vs LTS:0HTG: 11.43

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.

Cardinal Health's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.657. 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 $8.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Health Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cardinal Health'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.

Cardinal Health Cyclically Adjusted Price-to-FCF Chart

Cardinal Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.03 8.96 8.83 6.77 11.41

Cardinal Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.40 11.41 10.60 11.71 13.31

Competitive Comparison of Cardinal Health's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Cardinal Health'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.


Cardinal Health's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cardinal Health's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cardinal Health 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=96.29/8.42
=11.44

* 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.

Cardinal Health's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cardinal Health'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)
=-0.657/131.7762*131.7762
=-0.657

Current CPI (Mar. 2024) = 131.7762.

Cardinal Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.769 100.560 2.318
201409 0.074 100.428 0.097
201412 2.713 99.070 3.609
201503 1.802 99.621 2.384
201506 2.130 100.684 2.788
201509 -0.408 100.392 -0.536
201512 4.130 99.792 5.454
201603 2.447 100.470 3.209
201606 1.407 101.688 1.823
201609 0.012 101.861 0.016
201612 1.382 101.863 1.788
201703 -0.874 102.862 -1.120
201706 1.969 103.349 2.511
201709 3.503 104.136 4.433
201712 0.563 104.011 0.713
201803 2.146 105.290 2.686
201806 1.333 106.317 1.652
201809 1.003 106.507 1.241
201812 1.043 105.998 1.297
201903 4.696 107.251 5.770
201906 1.242 108.070 1.514
201909 -2.449 108.329 -2.979
201912 2.109 108.420 2.563
202003 5.395 108.902 6.528
202006 0.355 108.767 0.430
202009 0.655 109.815 0.786
202012 3.800 109.897 4.557
202103 0.602 111.754 0.710
202106 1.833 114.631 2.107
202109 -2.467 115.734 -2.809
202112 3.989 117.630 4.469
202203 -1.822 121.301 -1.979
202206 10.359 125.017 10.919
202209 -0.172 125.227 -0.181
202212 1.962 125.222 2.065
202303 4.853 127.348 5.022
202306 2.504 128.729 2.563
202309 1.812 129.860 1.839
202312 4.370 129.419 4.450
202403 -0.657 131.776 -0.657

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.


Cardinal Health  (LTS:0HTG) 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.


Cardinal Health Cyclically Adjusted Price-to-FCF Related Terms

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


Cardinal Health (LTS:0HTG) Business Description

Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.

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