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Nelcast (NSE:NELCAST) Cyclically Adjusted Price-to-FCF : 6.03 (As of Jan. 19, 2025)


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What is Nelcast Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), Nelcast's current share price is ₹112.55. Nelcast's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹18.65. Nelcast's Cyclically Adjusted Price-to-FCF for today is 6.03.

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

NSE:NELCAST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.34   Med: 4.39   Max: 8.78
Current: 6.01

During the past 13 years, Nelcast's highest Cyclically Adjusted Price-to-FCF was 8.78. The lowest was 1.34. And the median was 4.39.

NSE:NELCAST's Cyclically Adjusted Price-to-FCF is ranked better than
94.89% of 959 companies
in the Industrial Products industry
Industry Median: 33.66 vs NSE:NELCAST: 6.01

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.

Nelcast's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹-510.576. 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 ₹18.65 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelcast Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nelcast'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.

Nelcast Cyclically Adjusted Price-to-FCF Chart

Nelcast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.34 6.89

Nelcast Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 6.89 - -

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

For the Metal Fabrication subindustry, Nelcast'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.


Nelcast's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nelcast's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nelcast 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=112.55/18.65
=6.03

* 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.

Nelcast's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Nelcast's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-510.576/153.0345*153.0345
=-510.576

Current CPI (Mar24) = 153.0345.

Nelcast Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.397 97.163 0.625
201603 1.577 102.518 2.354
201703 1.712 105.196 2.491
201803 -1.334 109.786 -1.860
201903 -5.940 118.202 -7.690
202003 -4.014 124.705 -4.926
202103 -10.390 131.771 -12.067
202203 -6.237 138.822 -6.876
202303 695.678 146.865 724.904
202403 -510.576 153.035 -510.576

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.


Nelcast  (NSE:NELCAST) 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.


Nelcast Cyclically Adjusted Price-to-FCF Related Terms

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


Nelcast Business Description

Industry
Traded in Other Exchanges
Address
159, T.T.K. Road, Alwarpet, Chennai, TN, IND, 600018
Nelcast Ltd is an Indian company engaged in the business of manufacturing iron castings. Through manufacturing casting components, the company has different types of products that meet the requirement of different kinds of automation used in different industries. It manufactures parts to be used in various applications in an automobile such as the engine, transmission, suspension, axle, brake, and steering. It also caters to the tractor industry for their requirement of various housing as well as engine, transmission and axle components. The company caters to the railways and the pipe fitting industries as well. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.

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