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Nexstar Media Group (FRA:NXZ) Cyclically Adjusted FCF per Share : €14.98 (As of Mar. 2024)


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What is Nexstar Media Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Nexstar Media Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €6.273. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €14.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nexstar Media Group's average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 35.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 36.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Nexstar Media Group was 59.40% per year. The lowest was 21.10% per year. And the median was 35.15% per year.

As of today (2024-05-20), Nexstar Media Group's current stock price is €156.45. Nexstar Media Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €14.98. Nexstar Media Group's Cyclically Adjusted Price-to-FCF of today is 10.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nexstar Media Group was 88.87. The lowest was 9.01. And the median was 24.48.


Nexstar Media Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nexstar Media Group's Cyclically Adjusted FCF per Share 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.

Nexstar Media Group Cyclically Adjusted FCF per Share Chart

Nexstar Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 5.17 8.02 11.97 14.15

Nexstar Media Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 12.77 13.74 13.90 14.15 14.98

Competitive Comparison of Nexstar Media Group's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Nexstar Media Group'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.


Nexstar Media Group's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nexstar Media Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nexstar Media Group'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)
=6.273/131.7762*131.7762
=6.273

Current CPI (Mar. 2024) = 131.7762.

Nexstar Media Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.544 100.560 0.713
201409 1.026 100.428 1.346
201412 0.995 99.070 1.323
201503 1.238 99.621 1.638
201506 0.660 100.684 0.864
201509 1.445 100.392 1.897
201512 1.655 99.792 2.185
201603 1.250 100.470 1.639
201606 1.420 101.688 1.840
201609 1.586 101.861 2.052
201612 3.029 101.863 3.919
201703 -1.270 102.862 -1.627
201706 2.675 103.349 3.411
201709 -1.217 104.136 -1.540
201712 0.412 104.011 0.522
201803 2.692 105.290 3.369
201806 2.222 106.317 2.754
201809 2.588 106.507 3.202
201812 3.832 105.998 4.764
201903 1.778 107.251 2.185
201906 1.272 108.070 1.551
201909 0.804 108.329 0.978
201912 0.267 108.420 0.325
202003 6.747 108.902 8.164
202006 4.675 108.767 5.664
202009 1.920 109.815 2.304
202012 5.935 109.897 7.117
202103 7.701 111.754 9.081
202106 2.103 114.631 2.418
202109 4.847 115.734 5.519
202112 5.962 117.630 6.679
202203 10.597 121.301 11.512
202206 5.917 125.017 6.237
202209 8.655 125.227 9.108
202212 3.968 125.222 4.176
202303 11.423 127.348 11.820
202306 3.660 128.729 3.747
202309 2.702 129.860 2.742
202312 3.912 129.419 3.983
202403 6.273 131.776 6.273

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Nexstar Media Group  (FRA:NXZ) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Nexstar Media Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=156.45/14.98
=10.44

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nexstar Media Group was 88.87. The lowest was 9.01. And the median was 24.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Nexstar Media Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexstar Media Group (FRA:NXZ) Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Nexstar Media Group (FRA:NXZ) Headlines

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