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Nishat Chunian Power (KAR:NCPL) Cyclically Adjusted FCF per Share : ₨10.40 (As of Mar. 2024)


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What is Nishat Chunian Power 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.

Nishat Chunian Power's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨7.015. 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 ₨10.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nishat Chunian Power's average Cyclically Adjusted FCF Growth Rate was 5.70% 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.

As of today (2024-06-06), Nishat Chunian Power's current stock price is ₨29.32. Nishat Chunian Power's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨10.40. Nishat Chunian Power's Cyclically Adjusted Price-to-FCF of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nishat Chunian Power was 3.85. The lowest was 1.32. And the median was 1.83.


Nishat Chunian Power Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nishat Chunian Power'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.

Nishat Chunian Power Cyclically Adjusted FCF per Share Chart

Nishat Chunian Power Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.15 9.99 8.70

Nishat Chunian Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.84 8.70 8.37 9.23 10.40

Competitive Comparison of Nishat Chunian Power's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, Nishat Chunian Power'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.


Nishat Chunian Power's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Chunian Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nishat Chunian Power 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, Nishat Chunian Power'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)
=7.015/131.7762*131.7762
=7.015

Current CPI (Mar. 2024) = 131.7762.

Nishat Chunian Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.680 100.560 4.822
201409 -0.622 100.428 -0.816
201412 0.973 99.070 1.294
201503 10.415 99.621 13.777
201506 -0.308 100.684 -0.403
201509 6.051 100.392 7.943
201512 2.826 99.792 3.732
201603 2.654 100.470 3.481
201606 1.743 101.688 2.259
201609 0.833 101.861 1.078
201612 0.419 101.863 0.542
201703 -0.249 102.862 -0.319
201706 2.085 103.349 2.658
201709 -0.057 104.136 -0.072
201712 2.954 104.011 3.743
201803 -1.977 105.290 -2.474
201806 1.801 106.317 2.232
201809 -0.767 106.507 -0.949
201812 1.256 105.998 1.561
201903 6.338 107.251 7.787
201906 -6.389 108.070 -7.791
201909 -4.095 108.329 -4.981
201912 3.287 108.420 3.995
202003 1.529 108.902 1.850
202006 7.385 108.767 8.947
202009 -1.781 109.815 -2.137
202012 2.254 109.897 2.703
202103 0.138 111.754 0.163
202106 3.770 114.631 4.334
202109 1.099 115.734 1.251
202112 -5.211 117.630 -5.838
202203 14.969 121.301 16.262
202206 8.829 125.017 9.306
202209 -1.360 125.227 -1.431
202212 2.696 125.222 2.837
202303 4.618 127.348 4.779
202306 12.273 128.729 12.564
202309 -11.777 129.860 -11.951
202312 10.030 129.419 10.213
202403 7.015 131.776 7.015

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


Nishat Chunian Power  (KAR:NCPL) 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.

Nishat Chunian Power's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.32/10.4
=2.82

* 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 Nishat Chunian Power was 3.85. The lowest was 1.32. And the median was 1.83.


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.


Nishat Chunian Power Cyclically Adjusted FCF per Share Related Terms

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


Nishat Chunian Power (KAR:NCPL) Business Description

Traded in Other Exchanges
N/A
Address
31-Q, Gulberg 2, Lahore, PB, PAK, 54660
Nishat Chunian Power Ltd is a power generation company. The main activity of the company is to build, own, operate and maintain a fuel-fired power station. It generates revenue from the supply of electricity in Pakistan.