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NN (NNBR) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is NN Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NN Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NN'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.

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NN Cyclically Adjusted Price-to-FCF Chart

NN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NN Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of NN's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, NN'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.


NN's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



NN 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.

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

For example, NN'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)
=0.026/129.4194*129.4194
=0.026

Current CPI (Dec. 2023) = 129.4194.

NN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.193 99.695 -0.251
201406 0.185 100.560 0.238
201409 -0.734 100.428 -0.946
201412 0.880 99.070 1.150
201503 -1.328 99.621 -1.725
201506 0.707 100.684 0.909
201509 -0.043 100.392 -0.055
201512 0.322 99.792 0.418
201603 -0.167 100.470 -0.215
201606 -0.072 101.688 -0.092
201609 0.753 101.861 0.957
201612 0.420 101.863 0.534
201703 -0.131 102.862 -0.165
201706 -0.046 103.349 -0.058
201709 0.165 104.136 0.205
201712 -2.485 104.011 -3.092
201803 -0.465 105.290 -0.572
201806 -1.281 106.317 -1.559
201809 -0.415 106.507 -0.504
201812 0.856 105.998 1.045
201903 -0.400 107.251 -0.483
201906 -0.187 108.070 -0.224
201909 0.417 108.329 0.498
201912 0.055 108.420 0.066
202003 -0.025 108.902 -0.030
202006 0.030 108.767 0.036
202009 -0.033 109.815 -0.039
202012 -0.167 109.897 -0.197
202103 0.057 111.754 0.066
202106 -0.170 114.631 -0.192
202109 -0.084 115.734 -0.094
202112 0.140 117.630 0.154
202203 -0.213 121.301 -0.227
202206 -0.062 125.017 -0.064
202209 -0.099 125.227 -0.102
202212 0.144 125.222 0.149
202303 -0.105 127.348 -0.107
202306 0.026 128.729 0.026
202309 0.235 129.860 0.234
202312 0.026 129.419 0.026

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.


NN  (NAS:NNBR) 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.


NN Cyclically Adjusted Price-to-FCF Related Terms

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NN (NNBR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » NN Inc (NAS:NNBR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
6210 Ardrey Kell Road, Suite 600, Charlotte, NC, USA, 28277
NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.
Executives
Rajeev Gautam director C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202
Timothy M. French officer: Chief Operating Officer 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Joao V Faria director 1000 EATON BLVD., CLEVELAND OH 44122
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
Harold C Bevis officer: President and CEO 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Wilson Thomas Hampton Jr. director PO BOX 807, 663 HWY 60, MONETT MO 65708
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Shihab A. Kuran director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
Jeri J Harman director
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Warren A Veltman officer: SVP/GM Autocam Precision Comp. 2000 WATERS EDGE DRIVE, BUILDING C, SUITE 12, JOHNSON CITY TN 37604
Felcher, Jr. Michael C. officer: See Remarks 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Eric Hjalmar Soderlund 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017
Corre Partners Advisors Llc 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017