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NL (NL Industries) Cyclically Adjusted Price-to-FCF : 12.71 (As of Sep. 20, 2024)


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What is NL Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-09-20), NL Industries's current share price is $6.99. NL Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $0.55. NL Industries's Cyclically Adjusted Price-to-FCF for today is 12.71.

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

NL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.11   Med: 14.17   Max: 61.79
Current: 12.68

During the past years, NL Industries's highest Cyclically Adjusted Price-to-FCF was 61.79. The lowest was 5.11. And the median was 14.17.

NL's Cyclically Adjusted Price-to-FCF is ranked better than
62.78% of 360 companies
in the Business Services industry
Industry Median: 18.185 vs NL: 12.68

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.

NL Industries's adjusted free cash flow per share data for the three months ended in Jun. 2024 was $0.309. 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 $0.55 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NL Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NL Industries'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.

NL Industries Cyclically Adjusted Price-to-FCF Chart

NL Industries 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 9.01 10.22 17.85 15.02 10.96

NL Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 10.94 9.73 10.96 13.71 10.88

Competitive Comparison of NL Industries's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, NL Industries'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.


NL Industries's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



NL Industries 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.

NL Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.99/0.55
=12.71

* 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.

NL Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, NL Industries's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.309/132.5538*132.5538
=0.309

Current CPI (Jun. 2024) = 132.5538.

NL Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.316 100.428 0.417
201412 0.001 99.070 0.001
201503 0.003 99.621 0.004
201506 0.218 100.684 0.287
201509 0.102 100.392 0.135
201512 0.156 99.792 0.207
201603 -0.015 100.470 -0.020
201606 0.137 101.688 0.179
201609 0.198 101.861 0.258
201612 0.183 101.863 0.238
201703 0.027 102.862 0.035
201706 0.149 103.349 0.191
201709 0.092 104.136 0.117
201712 0.057 104.011 0.073
201803 0.025 105.290 0.031
201806 0.224 106.317 0.279
201809 0.167 106.507 0.208
201812 -0.129 105.998 -0.161
201903 0.027 107.251 0.033
201906 0.330 108.070 0.405
201909 -0.050 108.329 -0.061
201912 0.191 108.420 0.234
202003 0.066 108.902 0.080
202006 0.165 108.767 0.201
202009 -0.069 109.815 -0.083
202012 0.193 109.897 0.233
202103 0.031 111.754 0.037
202106 0.215 114.631 0.249
202109 -0.082 115.734 -0.094
202112 0.113 117.630 0.127
202203 0.026 121.301 0.028
202206 0.208 125.017 0.221
202209 -0.035 125.227 -0.037
202212 0.277 125.222 0.293
202303 0.144 127.348 0.150
202306 0.275 128.729 0.283
202309 -0.114 129.860 -0.116
202312 0.429 129.419 0.439
202403 0.132 131.776 0.133
202406 0.309 132.554 0.309

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.


NL Industries  (NYSE:NL) 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.


NL Industries Cyclically Adjusted Price-to-FCF Related Terms

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


NL Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
NL Industries Inc operates in the component products industry through its majority-owned subsidiary, CompX International Inc. It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. CompX has three production facilities in the United States, through which it produces a precision ball bearing slide, security products, and ergonomic computer support systems. The company derives most of its revenue from Europe.
Executives
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Erica A. Austin officer: VP, Employee Benefits 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford officer: Executive VP and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Gouveia Randall Colin director 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Michael Shawn Simmons officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Patty S. Brinda officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Patricia A. Kropp officer: VP Employee Benefits 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Thomas P Stafford director C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Powers John Read Iii officer: VP and General Counsel 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240