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Nissan Chemical (Nissan Chemical) Cyclically Adjusted FCF per Share : $0.95 (As of Mar. 2024)


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What is Nissan Chemical 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.

Nissan Chemical's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.306. 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 $0.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nissan Chemical's average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% 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 Nissan Chemical was 10.10% per year. The lowest was 5.80% per year. And the median was 7.90% per year.

As of today (2024-06-06), Nissan Chemical's current stock price is $28.613. Nissan Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.95. Nissan Chemical's Cyclically Adjusted Price-to-FCF of today is 30.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nissan Chemical was 61.11. The lowest was 23.97. And the median was 41.37.


Nissan Chemical Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nissan Chemical'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.

Nissan Chemical Cyclically Adjusted FCF per Share Chart

Nissan Chemical Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.14 1.15 1.11 0.95

Nissan Chemical 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 1.11 1.05 1.08 1.13 0.95

Competitive Comparison of Nissan Chemical's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nissan Chemical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nissan Chemical 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, Nissan Chemical'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)
=-0.306/107.2000*107.2000
=-0.306

Current CPI (Mar. 2024) = 107.2000.

Nissan Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.243 98.000 0.266
201409 0.870 98.500 0.947
201412 -0.110 97.900 -0.120
201503 -0.274 97.900 -0.300
201506 0.448 98.400 0.488
201509 0.771 98.500 0.839
201512 0.090 98.100 0.098
201603 -0.262 97.900 -0.287
201606 0.430 98.100 0.470
201609 1.033 98.000 1.130
201612 -0.114 98.400 -0.124
201703 -0.148 98.100 -0.162
201706 0.416 98.500 0.453
201709 0.968 98.800 1.050
201712 -0.005 99.400 -0.005
201803 -0.007 99.200 -0.008
201806 0.239 99.200 0.258
201809 1.181 99.900 1.267
201812 0.061 99.700 0.066
201903 -0.183 99.700 -0.197
201906 0.482 99.800 0.518
201909 1.254 100.100 1.343
201912 0.027 100.500 0.029
202003 -0.122 100.300 -0.130
202006 0.653 99.900 0.701
202009 1.240 99.900 1.331
202012 -0.087 99.300 -0.094
202103 0.166 99.900 0.178
202106 0.539 99.500 0.581
202109 1.208 100.100 1.294
202112 0.004 100.100 0.004
202203 0.091 101.100 0.096
202206 0.489 101.800 0.515
202209 1.229 103.100 1.278
202212 -0.504 104.100 -0.519
202303 -0.502 104.400 -0.515
202306 0.273 105.200 0.278
202309 0.930 106.200 0.939
202312 -0.274 106.800 -0.275
202403 -0.306 107.200 -0.306

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


Nissan Chemical  (OTCPK:NNCHY) 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.

Nissan Chemical's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=28.613/0.95
=30.12

* 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 Nissan Chemical was 61.11. The lowest was 23.97. And the median was 41.37.


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.


Nissan Chemical Cyclically Adjusted FCF per Share Related Terms

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


Nissan Chemical (Nissan Chemical) Business Description

Industry
Traded in Other Exchanges
Address
7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

Nissan Chemical (Nissan Chemical) Headlines

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