GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nissan Chemical Corp (OTCPK:NNCHY) » Definitions » Cyclically Adjusted Price-to-FCF

Nissan Chemical (Nissan Chemical) Cyclically Adjusted Price-to-FCF : 30.12 (As of Jun. 06, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Nissan Chemical Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Nissan Chemical's current share price is $28.613. Nissan Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.95. Nissan Chemical's Cyclically Adjusted Price-to-FCF for today is 30.12.

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

NNCHY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.97   Med: 41.37   Max: 61.11
Current: 28.85

During the past years, Nissan Chemical's highest Cyclically Adjusted Price-to-FCF was 61.11. The lowest was 23.97. And the median was 41.37.

NNCHY's Cyclically Adjusted Price-to-FCF is ranked worse than
55.56% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs NNCHY: 28.85

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.

Nissan Chemical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.306. 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 $0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Chemical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nissan Chemical'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.

Nissan Chemical Cyclically Adjusted Price-to-FCF Chart

Nissan Chemical Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.67 46.27 51.04 40.50 37.97

Nissan Chemical 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 40.50 40.83 40.91 36.07 37.97

Competitive Comparison of Nissan Chemical's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Nissan Chemical 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.

Nissan Chemical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.613/0.95
=30.12

* 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.

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

For example, Nissan Chemical'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)
=-0.306/107.2000*107.2000
=-0.306

Current CPI (Mar. 2024) = 107.2000.

Nissan Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.243 98.000 0.266
201409 0.870 98.500 0.947
201412 -0.110 97.900 -0.120
201503 -0.274 97.900 -0.300
201506 0.448 98.400 0.488
201509 0.771 98.500 0.839
201512 0.090 98.100 0.098
201603 -0.262 97.900 -0.287
201606 0.430 98.100 0.470
201609 1.033 98.000 1.130
201612 -0.114 98.400 -0.124
201703 -0.148 98.100 -0.162
201706 0.416 98.500 0.453
201709 0.968 98.800 1.050
201712 -0.005 99.400 -0.005
201803 -0.007 99.200 -0.008
201806 0.239 99.200 0.258
201809 1.181 99.900 1.267
201812 0.061 99.700 0.066
201903 -0.183 99.700 -0.197
201906 0.482 99.800 0.518
201909 1.254 100.100 1.343
201912 0.027 100.500 0.029
202003 -0.122 100.300 -0.130
202006 0.653 99.900 0.701
202009 1.240 99.900 1.331
202012 -0.087 99.300 -0.094
202103 0.166 99.900 0.178
202106 0.539 99.500 0.581
202109 1.208 100.100 1.294
202112 0.004 100.100 0.004
202203 0.091 101.100 0.096
202206 0.489 101.800 0.515
202209 1.229 103.100 1.278
202212 -0.504 104.100 -0.519
202303 -0.502 104.400 -0.515
202306 0.273 105.200 0.278
202309 0.930 106.200 0.939
202312 -0.274 106.800 -0.275
202403 -0.306 107.200 -0.306

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.


Nissan Chemical  (OTCPK:NNCHY) 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.


Nissan Chemical Cyclically Adjusted Price-to-FCF Related Terms

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


Nissan Chemical (Nissan Chemical) Business Description

Traded in Other Exchanges
Address
7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

Nissan Chemical (Nissan Chemical) Headlines

From GuruFocus

Q1 2021 Nissan Chemical Corp Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2020 Nissan Chemical Corp Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2020 Nissan Chemical Corp Earnings Call Transcript

By GuruFocus Research 02-14-2024

Nissan Chemical Corp Investors Roundup Briefing Transcript

By GuruFocus Research 02-14-2024