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Nexstar Media Group (FRA:NXZ) Cyclically Adjusted Price-to-FCF : 10.83 (As of May. 06, 2024)


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What is Nexstar Media Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-06), Nexstar Media Group's current share price is €153.30. Nexstar Media Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €14.15. Nexstar Media Group's Cyclically Adjusted Price-to-FCF for today is 10.83.

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

FRA:NXZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.01   Med: 24.55   Max: 88.87
Current: 10.74

During the past years, Nexstar Media Group's highest Cyclically Adjusted Price-to-FCF was 88.87. The lowest was 9.01. And the median was 24.55.

FRA:NXZ's Cyclically Adjusted Price-to-FCF is ranked better than
62.5% of 360 companies
in the Media - Diversified industry
Industry Median: 16.92 vs FRA:NXZ: 10.74

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.

Nexstar Media Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €3.912. 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 €14.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexstar Media Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nexstar Media Group'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.

Nexstar Media Group Cyclically Adjusted Price-to-FCF Chart

Nexstar Media Group 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 26.71 16.82 16.22 13.72 10.11

Nexstar Media Group 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 13.72 12.19 11.30 9.53 10.11

Competitive Comparison of Nexstar Media Group's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Nexstar Media Group'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.


Nexstar Media Group's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nexstar Media Group 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.

Nexstar Media Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=153.30/14.15
=10.83

* 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.

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

For example, Nexstar Media Group'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)
=3.912/129.4194*129.4194
=3.912

Current CPI (Dec. 2023) = 129.4194.

Nexstar Media Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.923 99.695 1.198
201406 0.544 100.560 0.700
201409 1.026 100.428 1.322
201412 0.995 99.070 1.300
201503 1.238 99.621 1.608
201506 0.660 100.684 0.848
201509 1.445 100.392 1.863
201512 1.655 99.792 2.146
201603 1.250 100.470 1.610
201606 1.420 101.688 1.807
201609 1.586 101.861 2.015
201612 3.029 101.863 3.848
201703 -1.270 102.862 -1.598
201706 2.675 103.349 3.350
201709 -1.217 104.136 -1.512
201712 0.412 104.011 0.513
201803 2.692 105.290 3.309
201806 2.222 106.317 2.705
201809 2.588 106.507 3.145
201812 3.832 105.998 4.679
201903 1.778 107.251 2.146
201906 1.272 108.070 1.523
201909 0.804 108.329 0.961
201912 0.267 108.420 0.319
202003 6.747 108.902 8.018
202006 4.675 108.767 5.563
202009 1.920 109.815 2.263
202012 5.935 109.897 6.989
202103 7.701 111.754 8.918
202106 2.103 114.631 2.374
202109 4.847 115.734 5.420
202112 5.962 117.630 6.560
202203 10.597 121.301 11.306
202206 5.917 125.017 6.125
202209 8.655 125.227 8.945
202212 3.968 125.222 4.101
202303 11.423 127.348 11.609
202306 3.660 128.729 3.680
202309 2.702 129.860 2.693
202312 3.912 129.419 3.912

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.


Nexstar Media Group  (FRA:NXZ) 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.


Nexstar Media Group Cyclically Adjusted Price-to-FCF Related Terms

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


Nexstar Media Group (FRA:NXZ) Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Nexstar Media Group (FRA:NXZ) Headlines

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