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Nizhnekamskshina PJSC (MIC:NKSH) Cyclically Adjusted Price-to-FCF : 23.04 (As of Jun. 13, 2024)


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What is Nizhnekamskshina PJSC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Nizhnekamskshina PJSC's current share price is ₽69.35. Nizhnekamskshina PJSC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was ₽3.01. Nizhnekamskshina PJSC's Cyclically Adjusted Price-to-FCF for today is 23.04.

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

MIC:NKSH's Cyclically Adjusted Price-to-FCF is not ranked *
in the Vehicles & Parts industry.
Industry Median: 21
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Nizhnekamskshina PJSC's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was ₽-0.175. 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 ₽3.01 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nizhnekamskshina PJSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nizhnekamskshina PJSC'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.

Nizhnekamskshina PJSC Cyclically Adjusted Price-to-FCF Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 3.51 5.30 5.23 7.61

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 5.30 - 5.23 - 7.61

Competitive Comparison of Nizhnekamskshina PJSC's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Nizhnekamskshina PJSC'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.


Nizhnekamskshina PJSC's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nizhnekamskshina PJSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nizhnekamskshina PJSC 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.35/3.01
=23.04

* 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.

Nizhnekamskshina PJSC's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Nizhnekamskshina PJSC's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.175/231.9000*231.9000
=-0.175

Current CPI (Dec22) = 231.9000.

Nizhnekamskshina PJSC Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 4.304 124.900 7.991
201412 2.756 139.000 4.598
201512 -5.744 157.000 -8.484
201612 -10.625 165.400 -14.897
201712 27.649 169.600 37.805
201812 31.677 176.800 41.549
201912 -14.396 182.200 -18.323
202012 -33.280 191.100 -40.385
202112 18.278 207.200 20.457
202212 -0.175 231.900 -0.175

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.


Nizhnekamskshina PJSC  (MIC:NKSH) 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.


Nizhnekamskshina PJSC Cyclically Adjusted Price-to-FCF Related Terms

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


Nizhnekamskshina PJSC (MIC:NKSH) Business Description

Traded in Other Exchanges
N/A
Address
Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.