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Nike (BUE:NKE) Cyclically Adjusted Price-to-FCF : 20.83 (As of Jun. 04, 2025)


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What is Nike Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Nike's current share price is ARS6220.00. Nike's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was ARS298.64. Nike's Cyclically Adjusted Price-to-FCF for today is 20.83.

The historical rank and industry rank for Nike's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BUE:NKE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.25   Med: 50.18   Max: 87.72
Current: 20.92

During the past years, Nike's highest Cyclically Adjusted Price-to-FCF was 87.72. The lowest was 18.25. And the median was 50.18.

BUE:NKE's Cyclically Adjusted Price-to-FCF is ranked worse than
57.66% of 359 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.6 vs BUE:NKE: 20.92

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.

Nike's adjusted free cash flow per share data for the three months ended in Feb. 2025 was ARS3,681.693. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ARS298.64 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nike Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nike's Cyclically Adjusted Price-to-FCF 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.

Nike Cyclically Adjusted Price-to-FCF Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.74 69.33 50.84 40.92 32.35

Nike Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Cyclically Adjusted Price-to-FCF 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 36.76 32.35 28.42 26.69 26.65

Competitive Comparison of Nike's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Nike'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.


Nike's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Nike Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Nike's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6220.00/298.64
=20.83

* 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.

Nike's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Nike's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=3681.693/134.6241*134.6241
=3,681.693

Current CPI (Feb. 2025) = 134.6241.

Nike Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 16.870 100.333 22.636
201508 2.607 100.548 3.491
201511 4.253 100.135 5.718
201602 15.796 100.040 21.257
201605 30.954 101.355 41.114
201608 13.380 101.617 17.726
201611 19.949 101.829 26.374
201702 23.394 102.779 30.642
201705 18.258 103.256 23.805
201708 9.489 103.587 12.332
201711 34.447 104.072 44.559
201802 20.756 105.052 26.599
201805 69.406 106.148 88.026
201808 48.160 106.383 60.945
201811 82.179 106.338 104.039
201902 59.181 106.649 74.705
201905 143.272 108.048 178.512
201908 9.051 108.245 11.257
201911 75.533 108.519 93.703
202002 102.793 109.139 126.796
202005 -36.623 108.175 -45.577
202008 96.123 109.662 118.003
202011 310.670 109.793 380.931
202102 180.858 110.968 219.412
202105 319.023 113.576 378.144
202108 160.513 115.421 187.219
202111 477.500 117.269 548.166
202202 2.937 119.703 3.303
202205 197.049 123.323 215.107
202208 23.204 124.958 24.999
202211 229.471 125.607 245.944
202302 728.870 126.928 773.066
202305 850.761 128.314 892.596
202308 -171.148 129.538 -177.869
202311 1,790.092 129.548 1,860.232
202402 1,319.293 130.930 1,356.517
202405 4,171.003 132.509 4,237.577
202408 510.056 132.816 517.000
202411 1,833.824 133.110 1,854.685
202502 3,681.693 134.624 3,681.693

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


Nike  (BUE:NKE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Nike Cyclically Adjusted Price-to-FCF Related Terms

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


Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.