/term/cyclically-adjusted-fcf/NOBGF NOBGF (Noble Group) Cyclically Adjusted FCF per Share
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Noble Group (Noble Group) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2018)


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What is Noble 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.

Noble Group's adjusted free cash flow per share for the three months ended in Sep. 2018 was $-0.041. 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 $0.00 for the trailing ten years ended in Sep. 2018.

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.

As of today (2024-06-20), Noble Group's current stock price is $0.0001. Noble Group's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 was $0.00. Noble Group's Cyclically Adjusted Price-to-FCF of today is .

Noble Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Noble 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.

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Noble Group Cyclically Adjusted FCF per Share Chart

Noble Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted FCF per Share
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Noble Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Noble Group's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Noble 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.

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

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

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


Noble 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, Noble Group's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.041/106.8523*106.8523
=-0.041

Current CPI (Sep. 2018) = 106.8523.

Noble Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 0.000 79.590 0.000
200903 -0.232 79.480 -0.312
200906 -0.018 79.260 -0.024
200909 -0.404 78.490 -0.550
200912 -0.395 80.799 -0.522
201003 -0.207 81.239 -0.272
201006 0.319 81.568 0.418
201009 -1.239 80.029 -1.654
201012 -0.568 83.217 -0.729
201103 -0.309 84.756 -0.390
201106 0.876 86.185 1.086
201109 0.414 84.646 0.523
201112 1.631 87.944 1.982
201203 -0.697 88.934 -0.837
201206 1.274 89.373 1.523
201209 -0.294 87.834 -0.358
201212 -0.043 91.132 -0.050
201303 -0.127 92.122 -0.147
201306 -0.126 93.001 -0.145
201309 0.243 91.902 0.283
201312 0.455 95.090 0.511
201403 -0.660 95.749 -0.737
201406 -0.249 96.409 -0.276
201409 0.188 97.948 0.205
201412 -0.943 99.707 -1.011
201503 -0.723 99.927 -0.773
201506 -0.528 99.267 -0.568
201509 0.474 99.927 0.507
201512 0.290 102.015 0.304
201603 -0.535 102.785 -0.556
201606 -0.126 101.686 -0.132
201609 -0.079 102.565 -0.082
201612 0.003 103.225 0.003
201703 -0.257 103.335 -0.266
201706 -0.369 103.664 -0.380
201709 0.243 103.994 0.250
201712 0.319 104.984 0.325
201803 -0.106 105.973 -0.107
201806 -0.043 106.193 -0.043
201809 -0.041 106.852 -0.041

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

Noble Group  (OTCPK:NOBGF) 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.

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.

Noble Group Cyclically Adjusted FCF per Share Related Terms

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

Noble Group (Noble Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Noble Group Ltd (OTCPK:NOBGF) » Definitions » Cyclically Adjusted FCF per Share
Comparable Companies
LSE:RFX ASX:AYS MIL:BIO2 SGOC PHS:HI XKRX:065170 COL:BRWN.N0000 HKSE:01303 COL:HAYL.N0000 XKRX:005110 HHHH TSE:4439 TSE:6838 ISX:BNBR IST:MIPAZ SAU:4130 XTER:PZS BOM:532532 PHS:GREEN TSE:4695
Traded in Other Exchanges
N/A
Address
38 Gloucester Road, 18th Floor, Mass Mutual Tower, China Evergrande Centre, Hong Kong, HKG
Website
http://www.thisisnoble.com
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.

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