As of today (2024-04-23), New Jersey Resources's share price is $43.53.
New Jersey Resources's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.09. Hence, New Jersey Resources's Price-to-Free-Cash-Flow Ratio for today is 40.08.
The historical rank and industry rank for New Jersey Resources's Price-to-Free-Cash-Flow or its related term are showing as below:
NJR'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 12.36 Med: 38.33 Max: 204.11
Current: 40.07
During the past 13 years, New Jersey Resources's highest Price-to-Free-Cash-Flow Ratio was 204.11. The lowest was 12.36. And the median was 38.33.
NJR's Price-to-Free-Cash-Flow is ranked worse than 85.11% of 309
companies
in the Utilities - Regulated industry
Industry Median: 11.51
vs NJR: 40.07
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 38.30% per year.
During the past 13 years, New Jersey Resources's highest 3-Year average Free Cash Flow per Share Growth Rate was 242.70% per year. The lowest was -54.40% per year. And the median was -10.70% per year.
New Jersey Resources Price-to-Free-Cash-Flow Historical Data
The historical data trend for New Jersey Resources's Price-to-Free-Cash-Flow 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.
For the Utilities - Regulated Gas subindustry, New Jersey Resources's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
New Jersey Resources Price-to-Free-Cash-Flow Distribution
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's Price-to-Free-Cash-Flow falls into.
New Jersey Resources Price-to-Free-Cash-Flow Calculation
New Jersey Resources's Price-to-Free-Cash-Flow ratio for today is calculated as
New Jersey Resources's Share Price of today is $43.53.
New Jersey Resources's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.09.
* 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.
It can also be calculated from the numbers for the whole company:
New Jersey Resources (NYSE:NJR) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
New Jersey Resources Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of New Jersey Resources's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
New Jersey Resources (New Jersey Resources) Business Description
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to more than 575,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.
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