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National Investments Co KSC (KUW:NINV) Cyclically Adjusted Price-to-FCF : 24.50 (As of Jun. 11, 2024)


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What is National Investments Co KSC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), National Investments Co KSC's current share price is KWD0.245. National Investments Co KSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was KWD0.01. National Investments Co KSC's Cyclically Adjusted Price-to-FCF for today is 24.50.

The historical rank and industry rank for National Investments Co KSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KUW:NINV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.8   Med: 24.5   Max: 44.4
Current: 41.08

During the past years, National Investments Co KSC's highest Cyclically Adjusted Price-to-FCF was 44.40. The lowest was 18.80. And the median was 24.50.

KUW:NINV's Cyclically Adjusted Price-to-FCF is ranked worse than
71.43% of 504 companies
in the Asset Management industry
Industry Median: 19.72 vs KUW:NINV: 41.08

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.

National Investments Co KSC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was KWD-0.011. 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 KWD0.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Investments Co KSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Investments Co KSC'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.

National Investments Co KSC Cyclically Adjusted Price-to-FCF Chart

National Investments Co KSC 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 - - 36.71 27.77 34.12

National Investments Co KSC 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 34.31 26.21 28.62 34.12 43.05

Competitive Comparison of National Investments Co KSC's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, National Investments Co KSC'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.


National Investments Co KSC's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investments Co KSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where National Investments Co KSC's Cyclically Adjusted Price-to-FCF falls into.



National Investments Co KSC 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.

National Investments Co KSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.245/0.01
=24.50

* 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.

National Investments Co KSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, National Investments Co KSC'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)
=-0.011/131.7762*131.7762
=-0.011

Current CPI (Mar. 2024) = 131.7762.

National Investments Co KSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.008 100.560 0.010
201409 0.003 100.428 0.004
201412 0.009 99.070 0.012
201503 0.003 99.621 0.004
201506 -0.001 100.684 -0.001
201509 0.005 100.392 0.007
201512 0.001 99.792 0.001
201603 -0.001 100.470 -0.001
201606 0.000 101.688 0.000
201609 0.003 101.861 0.004
201612 0.001 101.863 0.001
201703 -0.002 102.862 -0.003
201706 -0.002 103.349 -0.003
201709 -0.001 104.136 -0.001
201712 0.001 104.011 0.001
201803 0.008 105.290 0.010
201806 -0.006 106.317 -0.007
201809 0.000 106.507 0.000
201812 -0.001 105.998 -0.001
201903 0.008 107.251 0.010
201906 0.001 108.070 0.001
201909 0.003 108.329 0.004
201912 0.004 108.420 0.005
202003 -0.004 108.902 -0.005
202006 -0.001 108.767 -0.001
202009 -0.010 109.815 -0.012
202012 0.004 109.897 0.005
202103 0.000 111.754 0.000
202106 0.002 114.631 0.002
202109 0.006 115.734 0.007
202112 0.003 117.630 0.003
202203 -0.007 121.301 -0.008
202206 0.015 125.017 0.016
202209 0.006 125.227 0.006
202212 0.007 125.222 0.007
202303 -0.014 127.348 -0.014
202306 0.005 128.729 0.005
202309 0.005 129.860 0.005
202312 -0.006 129.419 -0.006
202403 -0.011 131.776 -0.011

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.


National Investments Co KSC  (KUW:NINV) 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.


National Investments Co KSC Cyclically Adjusted Price-to-FCF Related Terms

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


National Investments Co KSC (KUW:NINV) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Al Mubarak street, Khaleejia Complex, 19th Floor, P.O Box 25667, Sharq, Safat, Kuwait, KWT, 13117
National Investments Co KSC is an investment company providing financial and investment services. It operates in four business segments: Investment segment represents trading in equities including investment in associates and other strategic investments; the Treasury segment represents liquidity management and trading in foreign currencies; Real estate segment represents buying, selling, and investing in real estate; Asset management, advisory, and brokerage segment represent managing discretionary and non-discretionary investment portfolios, managing investment funds, brokerage services, and providing advisory and other related financial services. The company generates the majority of its revenue from Kuwait and GCC countries.

National Investments Co KSC (KUW:NINV) Headlines

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