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Nabaltec AG (HAM:NTG) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Nabaltec AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nabaltec AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nabaltec AG'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.

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Nabaltec AG Cyclically Adjusted Price-to-FCF Chart

Nabaltec AG 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 59.74 41.51 35.01 22.17 17.00

Nabaltec AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.22 17.27 14.14 17.00 -

Competitive Comparison of Nabaltec AG's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Nabaltec AG'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.


Nabaltec AG's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Nabaltec AG 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.

Nabaltec AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nabaltec AG'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)
=3.047/125.0381*125.0381
=3.047

Current CPI (Mar. 2024) = 125.0381.

Nabaltec AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.338 99.543 0.425
201409 0.511 99.823 0.640
201412 0.016 99.543 0.020
201503 1.725 99.717 2.163
201506 0.192 100.417 0.239
201509 -0.432 100.417 -0.538
201512 -0.729 99.717 -0.914
201603 0.319 100.017 0.399
201606 0.557 100.717 0.692
201609 0.038 101.017 0.047
201612 0.234 101.217 0.289
201703 0.219 101.417 0.270
201706 0.138 102.117 0.169
201709 0.594 102.717 0.723
201712 -0.650 102.617 -0.792
201803 0.206 102.917 0.250
201806 -0.215 104.017 -0.258
201809 -0.408 104.718 -0.487
201812 -0.831 104.217 -0.997
201903 0.049 104.217 0.059
201906 0.604 105.718 0.714
201909 0.296 106.018 0.349
201912 -0.686 105.818 -0.811
202003 0.094 105.718 0.111
202006 0.652 106.618 0.765
202009 0.575 105.818 0.679
202012 0.258 105.518 0.306
202103 0.928 107.518 1.079
202106 0.989 108.486 1.140
202109 0.693 109.435 0.792
202112 0.384 110.384 0.435
202203 1.236 113.968 1.356
202206 0.466 115.760 0.503
202209 0.732 118.818 0.770
202212 0.024 119.345 0.025
202303 1.045 122.402 1.068
202306 -0.001 123.140 -0.001
202309 -0.300 124.195 -0.302
202312 -0.472 123.773 -0.477
202403 3.047 125.038 3.047

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.


Nabaltec AG  (HAM:NTG) 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.


Nabaltec AG Cyclically Adjusted Price-to-FCF Related Terms

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Nabaltec AG (HAM:NTG) Business Description

Industry
Traded in Other Exchanges
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.