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Nidec (STU:NIB) Cyclically Adjusted Price-to-FCF : 65.02 (As of Jun. 06, 2024)


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What is Nidec Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Nidec's current share price is €42.91. Nidec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.66. Nidec's Cyclically Adjusted Price-to-FCF for today is 65.02.

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

STU:NIB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.7   Med: 82.55   Max: 174.98
Current: 70.64

During the past years, Nidec's highest Cyclically Adjusted Price-to-FCF was 174.98. The lowest was 32.70. And the median was 82.55.

STU:NIB's Cyclically Adjusted Price-to-FCF is ranked worse than
75.85% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs STU:NIB: 70.64

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.

Nidec's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.915. 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 €0.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted Price-to-FCF Chart

Nidec 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 73.83 147.52 113.49 88.36 58.93

Nidec 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 88.36 91.89 78.78 62.31 58.93

Competitive Comparison of Nidec's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Nidec'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.


Nidec's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Nidec 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.91/0.66
=65.02

* 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.

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

For example, Nidec'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)
=0.915/107.2000*107.2000
=0.915

Current CPI (Mar. 2024) = 107.2000.

Nidec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.106 98.000 0.116
201409 0.104 98.500 0.113
201412 -0.023 97.900 -0.025
201503 0.240 97.900 0.263
201506 0.254 98.400 0.277
201509 0.011 98.500 0.012
201512 0.314 98.100 0.343
201603 0.257 97.900 0.281
201606 0.298 98.100 0.326
201609 0.665 98.000 0.727
201612 -0.145 98.400 -0.158
201703 0.030 98.100 0.033
201706 0.316 98.500 0.344
201709 0.096 98.800 0.104
201712 0.409 99.400 0.441
201803 0.154 99.200 0.166
201806 0.135 99.200 0.146
201809 0.271 99.900 0.291
201812 0.079 99.700 0.085
201903 0.002 99.700 0.002
201906 -0.121 99.800 -0.130
201909 0.076 100.100 0.081
201912 0.328 100.500 0.350
202003 0.064 100.300 0.068
202006 -0.099 99.900 -0.106
202009 0.396 99.900 0.425
202012 0.654 99.300 0.706
202103 0.648 99.900 0.695
202106 -0.030 99.500 -0.032
202109 -0.134 100.100 -0.144
202112 -0.091 100.100 -0.097
202203 -0.012 101.100 -0.013
202206 -0.211 101.800 -0.222
202209 -0.026 103.100 -0.027
202212 0.107 104.100 0.110
202303 0.004 104.400 0.004
202306 0.563 105.200 0.574
202309 0.336 106.200 0.339
202312 0.303 106.800 0.304
202403 0.915 107.200 0.915

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.


Nidec  (STU:NIB) 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.


Nidec Cyclically Adjusted Price-to-FCF Related Terms

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


Nidec (STU:NIB) Business Description

Industry
Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

Nidec (STU:NIB) Headlines