GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » American Shared Hospital Services (AMEX:AMS) » Definitions » Cyclically Adjusted FCF per Share

American Shared Hospital Services (American Shared Hospital Services) Cyclically Adjusted FCF per Share : $1.18 (As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is American Shared Hospital Services 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.

American Shared Hospital Services's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.491. 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 $1.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, American Shared Hospital Services's average Cyclically Adjusted FCF Growth Rate was -11.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% 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 American Shared Hospital Services was 16.20% per year. The lowest was -15.30% per year. And the median was -4.50% per year.

As of today (2024-04-28), American Shared Hospital Services's current stock price is $3.17. American Shared Hospital Services's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.18. American Shared Hospital Services's Cyclically Adjusted Price-to-FCF of today is 2.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of American Shared Hospital Services was 6.27. The lowest was 1.24. And the median was 2.56.


American Shared Hospital Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for American Shared Hospital Services'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.

American Shared Hospital Services Cyclically Adjusted FCF per Share Chart

American Shared Hospital Services 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 1.05 1.04 1.16 1.33 1.18

American Shared Hospital Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.33 1.33 1.32 1.33 1.18

Competitive Comparison of American Shared Hospital Services's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, American Shared Hospital Services'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.


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

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

* The bar in red indicates where American Shared Hospital Services's Cyclically Adjusted Price-to-FCF falls into.



American Shared Hospital Services 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, American Shared Hospital Services's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.491/129.4194*129.4194
=-0.491

Current CPI (Dec. 2023) = 129.4194.

American Shared Hospital Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.262 99.695 0.340
201406 0.178 100.560 0.229
201409 0.373 100.428 0.481
201412 -0.454 99.070 -0.593
201503 0.206 99.621 0.268
201506 0.252 100.684 0.324
201509 0.383 100.392 0.494
201512 0.535 99.792 0.694
201603 0.250 100.470 0.322
201606 0.258 101.688 0.328
201609 0.325 101.861 0.413
201612 0.477 101.863 0.606
201703 0.261 102.862 0.328
201706 0.330 103.349 0.413
201709 0.108 104.136 0.134
201712 0.489 104.011 0.608
201803 0.362 105.290 0.445
201806 0.451 106.317 0.549
201809 0.047 106.507 0.057
201812 0.247 105.998 0.302
201903 0.372 107.251 0.449
201906 0.244 108.070 0.292
201909 0.300 108.329 0.358
201912 0.277 108.420 0.331
202003 0.519 108.902 0.617
202006 0.560 108.767 0.666
202009 0.187 109.815 0.220
202012 0.238 109.897 0.280
202103 0.272 111.754 0.315
202106 0.324 114.631 0.366
202109 -0.131 115.734 -0.146
202112 0.266 117.630 0.293
202203 0.031 121.301 0.033
202206 0.605 125.017 0.626
202209 0.208 125.227 0.215
202212 0.237 125.222 0.245
202303 0.240 127.348 0.244
202306 0.174 128.729 0.175
202309 -0.008 129.860 -0.008
202312 -0.491 129.419 -0.491

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


American Shared Hospital Services  (AMEX:AMS) 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.

American Shared Hospital Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.17/1.18
=2.69

* 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 American Shared Hospital Services was 6.27. The lowest was 1.24. And the median was 2.56.


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.


American Shared Hospital Services Cyclically Adjusted FCF per Share Related Terms

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


American Shared Hospital Services (American Shared Hospital Services) Business Description

Traded in Other Exchanges
N/A
Address
601 Montgomery, Suite 1112, San Francisco, CA, USA, 94111-2619
American Shared Hospital Services provides stereotactic radiosurgery equipment and Advanced radiation therapy and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates most of its revenue from the domestic market.
Executives
Robert L Hiatt officer: Chief Financial Officer C/O BARACK FERRAZZANO, 333 W WACKER #2700, CHICAGO IL 60606
Peter M Gaccione officer: Chief Operating Officer 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
Vicki L Wilson director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Kathleen Miles director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Ernest Robert Bates officer: Vice President 350 MARGARITA DRIVE, SAN RAFAEL CA 94901
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Saim Mert Ozyurek director 2 EMBARCADERO CENTER, SUITE 410, SAN FRANCISCO CA 94111
David Larson director 80 CERRITOS AVE, SAN FRANCISCO CA 94127
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Raymond C Stachowiak director, 10 percent owner, officer: Interim President & CEO C/O ASHS, 2 EMBARCADERO CENTER-SUITE 410, SAN FRANCISCO CA 94111
Trotman Stanley S Jr director
Craig Kenji Tagawa officer: COO/CFO 5323 SPRINGRIDGE COURT, FAIRFIELD CA 94534
Ernest A Bates director, 10 percent owner, officer: CHAIRMAN AND CEO FOUR EMBARCADERO CENTER 3620, SAN FRANCISO CA 94111-4155
American Shared Hospital Services director, 10 percent owner, officer: CHAIRMAN AND CEO 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
John F Ruffle director 77 PLEASANTVILLE ROAD, NEW VERNON NJ 07976