NSRCF (NextSource Materials) Cyclically Adjusted FCF per Share: $-0.11 (As of Mar. 2026)

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NSRCF NextSource Materials Inc NSRCF
22 GF Score
Price $0.21
! 7 Warning Signs
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What is NextSource Materials Cyclically Adjusted FCF per Share?

NextSource Materials NSRCF +1.23% 22 Cyclically Adjusted FCF per Share is $-0.11 as of Mar. 2026. GuruFocus rates NSRCF with a GF Score™ of 22/100. The stock has 7 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.

NextSource Materials's adjusted free cash flow per share for the three months ended in Mar. 2026 was $-0.031. 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 $-0.11 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.60% 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 NextSource Materials was 20.10% per year. The lowest was 10.40% per year. And the median was 14.85% per year.

As of today (2026-07-29), NextSource Materials's current stock price is $0.2059. NextSource Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $-0.11. NextSource Materials's Cyclically Adjusted Price-to-FCF of today is .


NextSource Materials  (OTCPK:NSRCF) 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.


NextSource Materials Cyclically Adjusted FCF per Share Related Terms


NextSource Materials Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for NextSource Materials'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.

NextSource Materials Cyclically Adjusted FCF per Share Chart

NextSource Materials Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.16 -0.14 -0.11 -0.11

NextSource Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.10 -0.11 -0.10 -0.10 -0.11

NextSource Materials Cyclically Adjusted FCF per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NextSource Materials'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.


NextSource Materials Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NextSource Materials's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


NSRCF
22GF Score
NextSource Materials Inc NSRCF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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NextSource Materials 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, NextSource Materials's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.031/132.2623*132.2623
=-0.031

Current CPI (Mar. 2026) = 132.2623.

NextSource Materials Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.015 102.002 -0.019
201609 -0.017 101.765 -0.022
201612 -0.022 101.449 -0.029
201703 -0.020 102.634 -0.026
201706 -0.014 103.029 -0.018
201709 -0.013 103.345 -0.017
201712 -0.015 103.345 -0.019
201803 -0.019 105.004 -0.024
201806 -0.010 105.557 -0.013
201809 -0.008 105.636 -0.010
201812 -0.010 105.399 -0.013
201903 -0.013 106.979 -0.016
201906 -0.014 107.690 -0.017
201909 -0.006 107.611 -0.007
201912 -0.012 107.769 -0.015
202003 -0.005 107.927 -0.006
202006 -0.003 108.401 -0.004
202009 -0.010 108.164 -0.012
202012 -0.005 108.559 -0.006
202103 -0.007 110.298 -0.008
202106 0.000 111.720 0.000
202109 -0.039 112.905 -0.046
202112 -0.038 113.774 -0.044
202203 -0.030 117.646 -0.034
202206 -0.040 120.806 -0.044
202209 -0.077 120.648 -0.084
202212 -0.044 120.964 -0.048
202303 -0.036 122.702 -0.039
202306 -0.020 124.203 -0.021
202309 -0.034 125.230 -0.036
202312 -0.038 125.072 -0.040
202403 -0.026 126.258 -0.027
202406 -0.039 127.522 -0.040
202409 -0.045 127.285 -0.047
202412 -0.054 127.364 -0.056
202503 -0.035 129.181 -0.036
202506 -0.041 129.892 -0.042
202509 -0.023 130.287 -0.023
202512 -0.035 130.366 -0.036
202603 -0.031 132.262 -0.031

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 $-0.11 mean?
NextSource Materials (NSRCF) has a Cyclically Adjusted FCF per Share of $-0.11 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on NextSource Materials and its competitors.
Is NextSource Materials' Cyclically Adjusted FCF per Share too high?
NextSource Materials' current Cyclically Adjusted FCF per Share is $-0.11. Overall, NextSource Materials has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' Cyclically Adjusted FCF per Share compare to competitors?
NextSource Materials' Cyclically Adjusted FCF per Share of $-0.11 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 NextSource Materials and its competitors. NextSource Materials's current Cyclically Adjusted FCF per Share is $-0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (NSRCF) has a current Cyclically Adjusted FCF per Share of $-0.11. The current Cyclically Adjusted FCF per Share is $-0.11. NextSource Materials' overall GF Score™ is 22/100 with 7 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 NextSource Materials (NSRCF), the current Cyclically Adjusted FCF per Share is $-0.11 as of Mar. 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.

NextSource Materials Business Description

Other Exchanges 1JWA:GermanyNEXT:Canada
Address 130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
22GF Score

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

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