GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NextEnergy Solar Fund Ltd (CHIX:NESFl) » Definitions » Cyclically Adjusted Price-to-FCF

NextEnergy Solar Fund (CHIX:NESFL) Cyclically Adjusted Price-to-FCF : (As of Jun. 26, 2025)


View and export this data going back to 2015. Start your Free Trial

What is NextEnergy Solar Fund Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEnergy Solar Fund Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NextEnergy Solar Fund'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.

NextEnergy Solar Fund Cyclically Adjusted Price-to-FCF Chart

NextEnergy Solar Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

NextEnergy Solar Fund Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 - - - - -

Competitive Comparison of NextEnergy Solar Fund's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, NextEnergy Solar Fund'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.


NextEnergy Solar Fund's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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


;
;

NextEnergy Solar Fund 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.

NextEnergy Solar Fund's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 is calculated as:

For example, NextEnergy Solar Fund's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.083/134.9266*134.9266
=0.083

Current CPI (Mar25) = 134.9266.

NextEnergy Solar Fund Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 -0.416 100.470 -0.559
201703 -0.280 102.862 -0.367
201803 -0.143 105.290 -0.183
201903 -0.202 107.251 -0.254
202003 -0.085 108.902 -0.105
202103 0.042 111.754 0.051
202203 0.074 121.301 0.082
202303 0.061 127.348 0.065
202403 0.067 131.776 0.069
202503 0.083 134.927 0.083

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.


NextEnergy Solar Fund  (CHIX:NESFl) 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.


NextEnergy Solar Fund Cyclically Adjusted Price-to-FCF Related Terms

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


NextEnergy Solar Fund Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Floor 2, Les Banques, St. Peter Port, GGY, GY1 4LY
NextEnergy Solar Fund Ltd is a closed-ended investment company. The company seeks to provide investors with a sustainable and attractive dividend that increases in line with RPI over the long term. It invests in solar photovoltaic plants or debt financing through its subsidiaries and generates revenues from the sale of electricity.

NextEnergy Solar Fund Headlines

No Headlines