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Nordstrom (MEX:JWN) Cyclically Adjusted Price-to-FCF : 7.96 (As of Jun. 25, 2024)


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What is Nordstrom Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Nordstrom's current share price is MXN389.90. Nordstrom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was MXN48.97. Nordstrom's Cyclically Adjusted Price-to-FCF for today is 7.96.

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

MEX:JWN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.36   Med: 12.24   Max: 33.19
Current: 7.41

During the past years, Nordstrom's highest Cyclically Adjusted Price-to-FCF was 33.19. The lowest was 3.36. And the median was 12.24.

MEX:JWN's Cyclically Adjusted Price-to-FCF is ranked better than
70.45% of 440 companies
in the Retail - Cyclical industry
Industry Median: 12.96 vs MEX:JWN: 7.41

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.

Nordstrom's adjusted free cash flow per share data for the three months ended in Apr. 2024 was MXN5.019. 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 MXN48.97 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordstrom Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Cyclically Adjusted Price-to-FCF Chart

Nordstrom Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.50 11.66 7.55 6.34 6.36

Nordstrom Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 5.05 7.19 4.75 6.36 6.55

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

For the Department Stores subindustry, Nordstrom'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.


Nordstrom's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nordstrom's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nordstrom 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=389.90/48.97
=7.96

* 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.

Nordstrom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Nordstrom's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=5.019/132.2892*132.2892
=5.019

Current CPI (Apr. 2024) = 132.2892.

Nordstrom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -3.435 100.520 -4.521
201410 -6.440 100.176 -8.504
201501 35.465 98.604 47.581
201504 -4.026 99.824 -5.335
201507 -4.565 100.691 -5.998
201510 85.890 100.346 113.231
201601 50.362 99.957 66.652
201604 -2.837 100.947 -3.718
201607 51.303 101.524 66.850
201610 -21.239 101.988 -27.549
201701 66.327 102.456 85.640
201704 -7.166 103.167 -9.189
201707 31.478 103.278 40.320
201710 -19.492 104.070 -24.777
201801 66.914 104.578 84.645
201804 -17.316 105.708 -21.670
201807 52.638 106.324 65.493
201810 -13.159 106.695 -16.316
201901 48.943 106.200 60.966
201904 -34.049 107.818 -41.777
201907 60.055 108.250 73.391
201910 -47.258 108.577 -57.579
202001 57.020 108.841 69.304
202004 -139.366 108.173 -170.436
202007 12.725 109.318 15.399
202010 9.683 109.861 11.660
202101 1.797 110.364 2.154
202104 -62.352 112.673 -73.207
202107 99.718 115.183 114.528
202110 -52.105 116.696 -59.067
202201 33.700 118.619 37.584
202204 11.373 121.978 12.334
202207 8.375 125.002 8.863
202210 -30.239 125.734 -31.815
202301 64.949 126.223 68.070
202304 -10.068 127.992 -10.406
202307 33.805 128.974 34.674
202310 -56.057 129.810 -57.128
202401 32.504 130.124 33.045
202404 5.019 132.289 5.019

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.


Nordstrom  (MEX:JWN) 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.


Nordstrom Cyclically Adjusted Price-to-FCF Related Terms

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


Nordstrom (MEX:JWN) Business Description

Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.