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DaVita (DaVita) Cyclically Adjusted Price-to-FCF : 14.48 (As of Apr. 27, 2024)


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What is DaVita Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), DaVita's current share price is $133.51. DaVita's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $9.22. DaVita's Cyclically Adjusted Price-to-FCF for today is 14.48.

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

DVA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.15   Med: 17.27   Max: 30.23
Current: 14.48

During the past years, DaVita's highest Cyclically Adjusted Price-to-FCF was 30.23. The lowest was 8.15. And the median was 17.27.

DVA's Cyclically Adjusted Price-to-FCF is ranked better than
65.24% of 164 companies
in the Healthcare Providers & Services industry
Industry Median: 24.535 vs DVA: 14.48

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.

DaVita's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.516. 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 $9.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DaVita Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DaVita'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.

DaVita Cyclically Adjusted Price-to-FCF Chart

DaVita Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 20.12 16.38 9.28 11.36

DaVita 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 9.28 9.69 11.54 10.53 11.36

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

For the Medical Care Facilities subindustry, DaVita'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.


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

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

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



DaVita 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=133.51/9.22
=14.48

* 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.

DaVita's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, DaVita'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)
=3.516/129.4194*129.4194
=3.516

Current CPI (Dec. 2023) = 129.4194.

DaVita Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.354 99.695 1.758
201406 0.509 100.560 0.655
201409 3.144 100.428 4.052
201412 -1.235 99.070 -1.613
201503 1.353 99.621 1.758
201506 -0.634 100.684 -0.815
201509 2.343 100.392 3.020
201512 0.897 99.792 1.163
201603 1.230 100.470 1.584
201606 1.592 101.688 2.026
201609 1.541 101.861 1.958
201612 1.205 101.863 1.531
201703 3.332 102.862 4.192
201706 -0.178 103.349 -0.223
201709 1.631 104.136 2.027
201712 0.431 104.011 0.536
201803 0.715 105.290 0.879
201806 1.841 106.317 2.241
201809 1.351 106.507 1.642
201812 0.648 105.998 0.791
201903 -0.345 107.251 -0.416
201906 2.607 108.070 3.122
201909 3.090 108.329 3.692
201912 3.538 108.420 4.223
202003 1.619 108.902 1.924
202006 4.146 108.767 4.933
202009 2.618 109.815 3.085
202012 2.248 109.897 2.647
202103 0.082 111.754 0.095
202106 4.759 114.631 5.373
202109 3.728 115.734 4.169
202112 3.248 117.630 3.574
202203 1.981 121.301 2.114
202206 0.468 125.017 0.484
202209 6.075 125.227 6.278
202212 1.629 125.222 1.684
202303 3.404 127.348 3.459
202306 3.485 128.729 3.504
202309 5.576 129.860 5.557
202312 3.516 129.419 3.516

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.


DaVita  (NYSE:DVA) 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.


DaVita Cyclically Adjusted Price-to-FCF Related Terms

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


DaVita (DaVita) Business Description

Traded in Other Exchanges
Address
2000 16th Street, Denver, CO, USA, 80202
DaVita is the largest provider of dialysis services in the United States, boasting market share that eclipses 35% when measured by both patients and clinics. The firm operates over 3,000 facilities worldwide, mostly in the U.S., and treats over 240,000 patients globally each year. Government payers dominate U.S. dialysis reimbursement. DaVita receives about two thirds of U.S. sales at government (primarily Medicare) reimbursement rates, with the remainder coming from commercial insurers. However, while commercial insurers represented only about 10% of the U.S. patients treated, they represent nearly all of the profits generated by DaVita in the U.S. dialysis business.
Executives
Christopher Michael Berry officer: Chief Accounting Officer C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Kathleen Alyce Waters officer: Chief Legal Officer C/O DAVITA INC., 2000 16TH STREET, DENVER CO 80202
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Phyllis R Yale director
Javier Rodriguez officer: Chief Executive Officer, DKC 601 HAWAII ST., EL SEGUNDO CA 90245
Barbara J Desoer director CITIGROUP INC., 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
James O Hearty officer: Chief Compliance Officer 2000 16TH STREET, DENVER CO 80202
Charles Berg director, officer: Executive Chair, DMG 48 MONROE TURNPIKE, TRUMBULL CT 06611
John M Nehra director 1119 ST PAUL ST, BALTIMORE MD 21202
Adam H Schechter director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Michael David Staffieri officer: Chief Operating Officer, DKC 2000 16TH STREET, DENVER CO 80202
Jason M. Hollar director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Paula A Price director ONE CVS DRIVE, WOONSOCKET RI 02895
Pamela M Arway director 601 HAWAII ST., EL SEGUNDO CA 90245
Gregory J. Moore director 130 EAST RANDOLPH STREET, SUITE 1000, CHICAGO IL 60601

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