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Northwest Pipe Co (Northwest Pipe Co) Cyclically Adjusted Price-to-FCF : 21.14 (As of Apr. 30, 2024)


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What is Northwest Pipe Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Northwest Pipe Co's current share price is $32.13. Northwest Pipe Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.52. Northwest Pipe Co's Cyclically Adjusted Price-to-FCF for today is 21.14.

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

NWPX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.68   Med: 23.62   Max: 1205
Current: 20.94

During the past years, Northwest Pipe Co's highest Cyclically Adjusted Price-to-FCF was 1205.00. The lowest was 14.68. And the median was 23.62.

NWPX's Cyclically Adjusted Price-to-FCF is ranked better than
68.43% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs NWPX: 20.94

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.

Northwest Pipe Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.398. 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 $1.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northwest Pipe Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Northwest Pipe Co'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.

Northwest Pipe Co Cyclically Adjusted Price-to-FCF Chart

Northwest Pipe Co 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 71.72 20.07 23.25 33.09 19.92

Northwest Pipe Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.09 23.41 23.08 21.87 19.92

Competitive Comparison of Northwest Pipe Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Northwest Pipe Co'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.


Northwest Pipe Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Northwest Pipe Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Northwest Pipe Co's Cyclically Adjusted Price-to-FCF falls into.



Northwest Pipe Co 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.

Northwest Pipe Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.13/1.52
=21.14

* 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.

Northwest Pipe Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Northwest Pipe Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.398/129.4194*129.4194
=0.398

Current CPI (Dec. 2023) = 129.4194.

Northwest Pipe Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.700 99.695 4.803
201406 -1.140 100.560 -1.467
201409 -0.487 100.428 -0.628
201412 0.127 99.070 0.166
201503 2.186 99.621 2.840
201506 1.555 100.684 1.999
201509 -0.591 100.392 -0.762
201512 1.910 99.792 2.477
201603 0.047 100.470 0.061
201606 -0.027 101.688 -0.034
201609 0.295 101.861 0.375
201612 -0.396 101.863 -0.503
201703 -0.084 102.862 -0.106
201706 -0.344 103.349 -0.431
201709 -1.264 104.136 -1.571
201712 0.614 104.011 0.764
201803 -0.310 105.290 -0.381
201806 0.205 106.317 0.250
201809 -0.955 106.507 -1.160
201812 -1.220 105.998 -1.490
201903 0.897 107.251 1.082
201906 0.607 108.070 0.727
201909 0.080 108.329 0.096
201912 1.919 108.420 2.291
202003 1.231 108.902 1.463
202006 1.039 108.767 1.236
202009 1.114 109.815 1.313
202012 0.852 109.897 1.003
202103 -0.247 111.754 -0.286
202106 0.276 114.631 0.312
202109 -2.222 115.734 -2.485
202112 0.269 117.630 0.296
202203 -0.280 121.301 -0.299
202206 0.452 125.017 0.468
202209 1.200 125.227 1.240
202212 -1.918 125.222 -1.982
202303 2.171 127.348 2.206
202306 -0.282 128.729 -0.284
202309 1.197 129.860 1.193
202312 0.398 129.419 0.398

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.


Northwest Pipe Co  (NAS:NWPX) 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.


Northwest Pipe Co Cyclically Adjusted Price-to-FCF Related Terms

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


Northwest Pipe Co (Northwest Pipe Co) Business Description

Traded in Other Exchanges
Address
201 North East Park Plaza Drive, Suite 100, Vancouver, WA, USA, 98684
Northwest Pipe Co is a manufacturer of water-related infrastructure products. The company has two operating segments; Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications, and Precast Infrastructure and Engineered Systems segment manufacture stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions.
Executives
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Michael C Franson director 1401 17TH STREET 750, DENVER CO 80202
Richard A Roman director 1984 SW 16TH AVE, PORTLAND OR 97201
Scott J Montross officer: President & CEO
Michael Wray officer: Sr VP/GM of Precast 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Keith R Larson director 11 HILLSHIRE DRIVE, LAKE OSWEGO OR 97034
Amanda Kulesa director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Michelle Galanter Applebaum director 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
Megan A. Kendrick officer: VP of Human Resources 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
William S. Yearsley director 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Eric Stokes officer: Sr. VP of Sales & Marketing 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
John Paschal director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Miles Brittain other: VP of Operations 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Aaron Wilkins officer: VP of Finance &Corp Controller 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
James E Declusin director OREGON STEEL MILLS INC, 1000 SW BROADWAY STE 2200, PORTLAND OR 97205