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Cardinal Health (Cardinal Health) Cyclically Adjusted Price-to-FCF : 11.99 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Cardinal Health's current share price is $103.21. Cardinal Health's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.61. Cardinal Health's Cyclically Adjusted Price-to-FCF for today is 11.99.

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

CAH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.85   Med: 11.04   Max: 21.16
Current: 11.99

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 11.04.

CAH's Cyclically Adjusted Price-to-FCF is ranked better than
81.25% of 32 companies
in the Medical Distribution industry
Industry Median: 25.45 vs CAH: 11.99

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 Dec. 2023 was $4.370. 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 $8.61 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.90 9.40 11.41 10.60 11.71

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
=103.21/8.61
=11.99

* 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 Dec. 2023 is calculated as:

For example, Cardinal Health'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)
=4.37/129.4194*129.4194
=4.370

Current CPI (Dec. 2023) = 129.4194.

Cardinal Health Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.225 99.695 2.888
201406 1.769 100.560 2.277
201409 0.074 100.428 0.095
201412 2.713 99.070 3.544
201503 1.802 99.621 2.341
201506 2.130 100.684 2.738
201509 -0.408 100.392 -0.526
201512 4.130 99.792 5.356
201603 2.447 100.470 3.152
201606 1.407 101.688 1.791
201609 0.012 101.861 0.015
201612 1.382 101.863 1.756
201703 -0.874 102.862 -1.100
201706 1.969 103.349 2.466
201709 3.503 104.136 4.354
201712 0.563 104.011 0.701
201803 2.146 105.290 2.638
201806 1.333 106.317 1.623
201809 1.003 106.507 1.219
201812 1.043 105.998 1.273
201903 4.696 107.251 5.667
201906 1.242 108.070 1.487
201909 -2.449 108.329 -2.926
201912 2.109 108.420 2.517
202003 5.395 108.902 6.411
202006 0.355 108.767 0.422
202009 0.655 109.815 0.772
202012 3.800 109.897 4.475
202103 0.602 111.754 0.697
202106 1.833 114.631 2.069
202109 -2.467 115.734 -2.759
202112 3.989 117.630 4.389
202203 -1.822 121.301 -1.944
202206 10.359 125.017 10.724
202209 -0.172 125.227 -0.178
202212 1.962 125.222 2.028
202303 4.853 127.348 4.932
202306 2.504 128.729 2.517
202309 1.812 129.860 1.806
202312 4.370 129.419 4.370

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  (NYSE:CAH) 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 (Cardinal Health) 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.
Executives
Deborah Weitzman officer: CEO, Pharmaceutical Segment 600 WEST 22ND STREET, SUITE 300, OAK BROOK IL 60523
Mary C. Scherer officer: Chief Accounting Officer 6026 LUDWIG STREET, POWELL OH 43065
Ola M Snow officer: Chief Human Resources Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Stephen M Mason officer: CEO, Medical Segment 7000 CARDINAL PLACE, DUBLIN OH 43017
Jessica L Mayer officer: Chief Legal/Compliance Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Michelle D. Greene officer: Chief Information Officer 1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Aaron E Alt officer: Chief Financial Officer 3001 COLORADO BLVD., DENTON TX 76210
Michelle Brennan director 1855 S. GRANT STREET, SAN MATEO CA 94402
Sujatha Chandrasekaran director 77 HOT METAL STREET, PITTSBURGH PA 15203
Christine Mundkur director
Steven Barg director ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
Patricia M English officer: Chief Accounting Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Jason M. Hollar officer: Chief Financial Officer 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
John H Weiland director C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974

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