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Canadian National Railway Co (MEX:CNI N) Cyclically Adjusted FCF per Share : MXN81.79 (As of Mar. 2025)


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What is Canadian National Railway Co 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.

Canadian National Railway Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN14.629. 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 MXN81.79 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Canadian National Railway Co's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.90% 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 Canadian National Railway Co was 15.70% per year. The lowest was 7.80% per year. And the median was 11.40% per year.

As of today (2025-06-27), Canadian National Railway Co's current stock price is MXN2314.00. Canadian National Railway Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN81.79. Canadian National Railway Co's Cyclically Adjusted Price-to-FCF of today is 28.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Canadian National Railway Co was 54.33. The lowest was 27.20. And the median was 44.95.


Canadian National Railway Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Canadian National Railway Co'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.

Canadian National Railway Co Cyclically Adjusted FCF per Share Chart

Canadian National Railway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.78 56.97 62.01 57.40 77.20

Canadian National Railway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 57.03 64.00 69.11 77.20 81.79

Competitive Comparison of Canadian National Railway Co's Cyclically Adjusted FCF per Share

For the Railroads subindustry, Canadian National Railway 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.


Canadian National Railway Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Cyclically Adjusted Price-to-FCF falls into.


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Canadian National Railway Co 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, Canadian National Railway Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14.629/129.1809*129.1809
=14.629

Current CPI (Mar. 2025) = 129.1809.

Canadian National Railway Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 8.543 100.500 10.981
201509 11.357 100.421 14.610
201512 10.250 99.947 13.248
201603 9.832 101.054 12.569
201606 11.023 102.002 13.960
201609 11.372 101.765 14.436
201612 14.294 101.449 18.201
201703 15.822 102.634 19.915
201706 14.854 103.029 18.624
201709 13.351 103.345 16.689
201712 9.658 103.345 12.073
201803 6.229 105.004 7.663
201806 17.055 105.557 20.872
201809 10.955 105.636 13.397
201812 13.047 105.399 15.991
201903 5.861 106.979 7.077
201906 10.634 107.690 12.756
201909 15.119 107.611 18.149
201912 9.980 107.769 11.963
202003 13.576 107.927 16.249
202006 24.943 108.401 29.724
202009 12.392 108.164 14.800
202012 25.113 108.559 29.883
202103 12.320 110.298 14.429
202106 17.101 111.720 19.774
202109 37.051 112.905 42.392
202112 26.556 113.774 30.152
202203 4.290 117.646 4.711
202206 22.852 120.806 24.436
202209 30.146 120.648 32.278
202212 28.664 120.964 30.611
202303 11.681 122.702 12.298
202306 21.600 124.203 22.466
202309 11.683 125.230 12.052
202312 28.891 125.072 29.840
202403 10.334 126.258 10.573
202406 20.171 127.522 20.433
202409 13.787 127.285 13.992
202412 24.444 127.364 24.793
202503 14.629 129.181 14.629

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


Canadian National Railway Co  (MEX:CNI N) 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.

Canadian National Railway Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2314.00/81.79
=28.29

* 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 Canadian National Railway Co was 54.33. The lowest was 27.20. And the median was 44.95.


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.


Canadian National Railway Co Cyclically Adjusted FCF per Share Related Terms

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


Canadian National Railway Co Business Description

Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2024, CN generated CAD 17 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (20%), grain and fertilizers (20%), forest products (11%), metals and minerals (12%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.

Canadian National Railway Co Headlines

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