GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NICE Holdings Co Ltd (XKRX:034310) » Definitions » Cyclically Adjusted FCF per Share

NICE Holdings Co (XKRX:034310) Cyclically Adjusted FCF per Share : ₩1,885.56 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is NICE Holdings 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.

NICE Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₩-1,509.330. 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 ₩1,885.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NICE Holdings Co's average Cyclically Adjusted FCF Growth Rate was 25.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% 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 NICE Holdings Co was 15.00% per year. The lowest was 6.20% per year. And the median was 8.60% per year.

As of today (2024-06-14), NICE Holdings Co's current stock price is ₩10910.00. NICE Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₩1,885.56. NICE Holdings Co's Cyclically Adjusted Price-to-FCF of today is 5.79.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NICE Holdings Co was 21.15. The lowest was 5.76. And the median was 14.23.


NICE Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NICE Holdings 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.

NICE Holdings Co Cyclically Adjusted FCF per Share Chart

NICE Holdings Co 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 1,203.85 1,540.30 1,530.42 1,540.11 1,991.56

NICE Holdings Co 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 1,506.12 1,609.59 2,002.69 1,991.56 1,885.56

Competitive Comparison of NICE Holdings Co's Cyclically Adjusted FCF per Share

For the Financial Data & Stock Exchanges subindustry, NICE Holdings 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.


NICE Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NICE Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where NICE Holdings Co's Cyclically Adjusted Price-to-FCF falls into.



NICE Holdings 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, NICE Holdings Co'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)
=-1509.33/118.8477*118.8477
=-1,509.330

Current CPI (Mar. 2024) = 118.8477.

NICE Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -47.928 99.353 -57.332
201409 636.138 99.608 759.011
201412 1,438.872 99.098 1,725.631
201503 -985.433 99.720 -1,174.453
201506 -21.941 100.050 -26.063
201509 728.339 100.110 864.663
201512 476.603 100.220 565.188
201603 -383.731 100.560 -453.516
201606 906.764 100.790 1,069.221
201609 123.000 101.460 144.079
201612 1,089.788 101.560 1,275.293
201703 203.189 102.850 234.794
201706 -719.278 102.610 -833.101
201709 2,267.190 103.490 2,603.636
201712 -723.082 102.990 -834.417
201803 43.667 104.100 49.853
201806 488.490 104.130 557.533
201809 501.572 105.650 564.228
201812 2,165.245 104.350 2,466.070
201903 -1,027.102 104.490 -1,168.233
201906 773.280 104.880 876.264
201909 662.742 105.200 748.720
201912 1,611.771 105.120 1,822.253
202003 -1,721.326 105.540 -1,938.371
202006 1,778.877 104.870 2,015.976
202009 403.166 106.200 451.180
202012 3,410.307 105.765 3,832.134
202103 -882.152 107.357 -976.569
202106 403.162 107.579 445.394
202109 32.232 108.759 35.222
202112 339.937 109.676 368.363
202203 -840.148 111.806 -893.063
202206 -265.492 114.083 -276.581
202209 -142.903 114.831 -147.901
202212 1,008.149 115.200 1,040.069
202303 -506.100 116.550 -516.079
202306 1,236.032 117.140 1,254.052
202309 3,987.924 119.111 3,979.102
202312 -87.362 118.848 -87.362
202403 -1,509.330 118.848 -1,509.330

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


NICE Holdings Co  (XKRX:034310) 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.

NICE Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10910.00/1885.56
=5.79

* 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 NICE Holdings Co was 21.15. The lowest was 5.76. And the median was 14.23.


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.


NICE Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


NICE Holdings Co (XKRX:034310) Business Description

Traded in Other Exchanges
N/A
Address
17, Eunhaeng-ro, Yeongdeungpo-Gu, Seoul, KOR
NICE Holdings Co Ltd is engaged in the financial services domain. The Korea-based firm conducts capital market activities including credit rating, corporate information, individual credit information, automatic teller machine (ATM) management, credit card settlement, marketing research, distressed-debt dealing and investment, asset management, as well as real estate rental business.

NICE Holdings Co (XKRX:034310) Headlines

No Headlines