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Novus Holdings (JSE:NVS) Cyclically Adjusted Price-to-FCF : 4.35 (As of Jun. 02, 2024)


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What is Novus Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Novus Holdings's current share price is R4.70. Novus Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was R1.08. Novus Holdings's Cyclically Adjusted Price-to-FCF for today is 4.35.

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

JSE:NVS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.6   Med: 3.71   Max: 4.44
Current: 4.36

During the past 10 years, Novus Holdings's highest Cyclically Adjusted Price-to-FCF was 4.44. The lowest was 2.60. And the median was 3.71.

JSE:NVS's Cyclically Adjusted Price-to-FCF is ranked better than
90.11% of 364 companies
in the Business Services industry
Industry Median: 18.125 vs JSE:NVS: 4.36

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.

Novus Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was R0.101. 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 R1.08 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novus Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Novus Holdings'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.

Novus Holdings Cyclically Adjusted Price-to-FCF Chart

Novus Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.53

Novus Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 3.53 -

Competitive Comparison of Novus Holdings's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Novus Holdings'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.


Novus Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Novus Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Novus Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.70/1.08
=4.35

* 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.

Novus Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Novus Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.101/147.5864*147.5864
=0.101

Current CPI (Mar23) = 147.5864.

Novus Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.978 94.723 1.524
201503 1.425 98.538 2.134
201603 0.917 104.969 1.289
201703 0.698 111.400 0.925
201803 1.155 115.542 1.475
201903 0.138 120.774 0.169
202003 1.031 125.679 1.211
202103 1.050 129.628 1.195
202203 0.697 137.594 0.748
202303 0.101 147.586 0.101

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.


Novus Holdings  (JSE:NVS) 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.


Novus Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Novus Holdings (JSE:NVS) Business Description

Industry
Traded in Other Exchanges
Address
10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441
Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.

Novus Holdings (JSE:NVS) Headlines

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