Northern Trust (MEX:NTRS) Cyclically Adjusted FCF per Share: MXN (As of Jun. 2026)

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MEX:NTRS Northern Trust Corp MEX:NTRS
77 GF Score
Price MXN2,510.00
GF Value MXN1,688.37
! 5 Warning Signs
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What is Northern Trust Cyclically Adjusted FCF per Share?

Northern Trust MEX:NTRS 77 Cyclically Adjusted FCF per Share is MXN as of Jun. 2026. GuruFocus rates MEX:NTRS with a GF Score™ of 77/100 and a GF Value™ of MXN1,688.37. The stock has 5 warning signs investors should review.

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.

Northern Trust's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN-8.202. 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 MXN for the trailing ten years ended in Jun. 2026.

During the past 12 months, Northern Trust's average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 Northern Trust was 13.60% per year. The lowest was -2.10% per year. And the median was 7.60% per year.

As of today (2026-09-20), Northern Trust's current stock price is MXN2510.00. Northern Trust's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN. Northern Trust's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Northern Trust was 34.35. The lowest was 10.11. And the median was 21.38.


Northern Trust  (MEX:NTRS) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Northern Trust was 34.35. The lowest was 10.11. And the median was 21.38.


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.


Northern Trust Cyclically Adjusted FCF per Share Related Terms


Northern Trust Cyclically Adjusted FCF per Share Historical Data

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The historical data trend for Northern Trust'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.

Northern Trust Cyclically Adjusted FCF per Share Chart

Northern Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
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Northern Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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MEX:NTRS vs RJF, ARES, PFG: Cyclically Adjusted FCF per Share Comparison

For the Asset Management subindustry, Northern Trust'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.


Northern Trust Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


MEX:NTRS
77GF Score
Northern Trust Corp MEX:NTRS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Trust 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, Northern Trust's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-8.202/333.9520*333.9520
=-8.202

Current CPI (Jun. 2026) = 333.9520.

Northern Trust Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 93.675 241.428 129.575
201612 70.790 241.432 97.918
201703 67.818 243.801 92.895
201706 -45.899 244.955 -62.575
201709 40.636 246.819 54.981
201712 72.359 246.524 98.021
201803 -39.912 249.554 -53.410
201806 25.648 251.989 33.990
201809 122.264 252.439 161.743
201812 40.671 251.233 54.062
201903 24.923 254.202 32.742
201906 5.732 256.143 7.473
201909 50.844 256.759 66.130
201912 138.118 256.974 179.492
202003 -260.139 258.115 -336.571
202006 308.873 257.797 400.116
202009 -13.478 260.280 -17.293
202012 139.605 260.474 178.987
202103 5.612 264.877 7.076
202106 -121.147 271.696 -148.906
202109 43.667 274.310 53.161
202112 197.542 278.802 236.618
202203 70.813 287.504 82.253
202206 -158.253 296.311 -178.356
202209 -89.920 296.808 -101.173
202212 390.742 296.797 439.658
202303 -15.767 301.836 -17.445
202306 -9.365 305.109 -10.250
202309 6.307 307.789 6.843
202312 232.460 306.746 253.077
202403 -121.514 312.332 -129.925
202406 249.513 314.175 265.220
202409 67.898 315.301 71.914
202412 -259.101 315.605 -274.163
202503 284.870 319.799 297.477
202506 175.007 322.561 181.187
202509 28.197 324.800 28.992
202512 25.588 324.054 26.370
202603 -31.008 330.213 -31.359
202606 -8.202 333.952 -8.202

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

What does a Cyclically Adjusted FCF per Share of MXN mean?
Northern Trust (MEX:NTRS) has a Cyclically Adjusted FCF per Share of MXN as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Northern Trust and its competitors.
Is Northern Trust's Cyclically Adjusted FCF per Share too high?
Northern Trust's current Cyclically Adjusted FCF per Share is MXN. Overall, Northern Trust has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Northern Trust's Cyclically Adjusted FCF per Share compare to RJF and ARES?
Northern Trust's Cyclically Adjusted FCF per Share of MXN can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Asset Management company?
A good Cyclically Adjusted FCF per Share depends on the Asset Management industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Northern Trust and its competitors. Northern Trust's current Cyclically Adjusted FCF per Share is MXN. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Trust stock overvalued right now?
Northern Trust (MEX:NTRS) has a current Cyclically Adjusted FCF per Share of MXN. The stock's GF Value™ is MXN1,688.37, compared to a current price of MXN2,510.00 — trading 48.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN. Northern Trust's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Northern Trust (MEX:NTRS), the current Cyclically Adjusted FCF per Share is MXN as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northern Trust (MEX:NTRS) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Trust stock appears to be overvalued. The current stock price of MXN2,510.00 is trading 48.7% above its estimated GF Value™ of MXN1,688.37.

Key valuation signals for MEX:NTRS:

  • Cyclically Adjusted FCF per Share: MXN
  • GF Value™: MXN1,688.37 vs. price of MXN2,510.00 (48.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the MEX:NTRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Trust Business Description

Address 50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.
77GF Score

Get the complete analysis for MEX:NTRS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,510.00
Price
MXN1,688.37
GF Value