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Nobility Homes (Nobility Homes) Cyclically Adjusted Price-to-FCF : 24.09 (As of May. 01, 2024)


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What is Nobility Homes Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Nobility Homes's current share price is $33.00. Nobility Homes's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2023 was $1.37. Nobility Homes's Cyclically Adjusted Price-to-FCF for today is 24.09.

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

NOBH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.44   Med: 34.53   Max: 105.77
Current: 24.88

During the past years, Nobility Homes's highest Cyclically Adjusted Price-to-FCF was 105.77. The lowest was 16.44. And the median was 34.53.

NOBH's Cyclically Adjusted Price-to-FCF is ranked worse than
72.92% of 48 companies
in the Homebuilding & Construction industry
Industry Median: 16.395 vs NOBH: 24.88

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.

Nobility Homes's adjusted free cash flow per share data for the three months ended in Jul. 2023 was $0.010. 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 $1.37 for the trailing ten years ended in Jul. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nobility Homes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nobility Homes'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.

Nobility Homes Cyclically Adjusted Price-to-FCF Chart

Nobility Homes Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.69 32.07 24.92 20.50 20.14

Nobility Homes Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 20.52 20.14 19.00 19.20 20.27

Competitive Comparison of Nobility Homes's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, Nobility Homes'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.


Nobility Homes's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Nobility Homes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nobility Homes 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.

Nobility Homes's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.00/1.37
=24.09

* 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.

Nobility Homes's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2023 is calculated as:

For example, Nobility Homes's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul. 2023 (Change)*Current CPI (Jul. 2023)
=0.01/128.9743*128.9743
=0.010

Current CPI (Jul. 2023) = 128.9743.

Nobility Homes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201310 0.175 98.536 0.229
201401 0.293 98.692 0.383
201404 0.165 100.023 0.213
201407 0.047 100.520 0.060
201410 0.410 100.176 0.528
201501 0.165 98.604 0.216
201504 -0.057 99.824 -0.074
201507 -0.030 100.691 -0.038
201510 0.578 100.346 0.743
201601 0.036 99.957 0.046
201604 0.370 100.947 0.473
201607 0.428 101.524 0.544
201610 0.638 101.988 0.807
201701 -0.050 102.456 -0.063
201704 0.265 103.167 0.331
201707 0.034 103.278 0.042
201710 0.601 104.070 0.745
201801 -0.124 104.578 -0.153
201804 0.891 105.708 1.087
201807 0.721 106.324 0.875
201810 0.493 106.695 0.596
201901 -0.080 106.200 -0.097
201904 0.322 107.818 0.385
201907 0.410 108.250 0.488
201910 0.468 108.577 0.556
202001 -0.789 108.841 -0.935
202004 0.501 108.173 0.597
202007 0.512 109.318 0.604
202010 1.597 109.861 1.875
202101 0.318 110.364 0.372
202104 0.811 112.673 0.928
202107 1.145 115.183 1.282
202110 0.908 116.696 1.004
202201 0.227 118.619 0.247
202204 -1.073 121.978 -1.135
202207 -1.224 125.002 -1.263
202210 -0.595 125.734 -0.610
202301 0.934 126.223 0.954
202304 0.809 127.992 0.815
202307 0.010 128.974 0.010

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.


Nobility Homes  (OTCPK:NOBH) 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.


Nobility Homes Cyclically Adjusted Price-to-FCF Related Terms

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


Nobility Homes (Nobility Homes) Business Description

Traded in Other Exchanges
N/A
Address
3741 South west 7th Street, Ocala, FL, USA, 34474
Nobility Homes Inc focuses on designing, manufacturing, and selling manufactured and modular homes through its own retail sales centers across Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. The company's homes are sold as unfurnished dwellings ready for permanent occupancy. The company recognizes revenue from retail sales of new manufactured homes, the sale of the repurchased homes upon transfer of title to the new purchaser, and revenues from its independent dealers.
Executives
Terry Earl Trexler director, 10 percent owner, officer: President and CEO P O BOX 240, JACKSONVILLE FL 32201
Terry E. Trexler Revocable Trust 10 percent owner 3741 S.W. 7TH STREET, OCALA FL 34474
Thomas W Trexler director, officer: Executive Vice President
Terry E. Trexler Irrevocable Trust 10 percent owner 222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Kay Charlton 10 percent owner 222 SOUTH PENNSYLVANIA AVE., SUITE 200, WINTER PARK FL 32789
Lynn J Cramer officer: Treasurer (Chief Acctg. Off.)
Jean Etheredge officer: Secretary
Edward C Sims officer: Vice President