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Natcore Technology (Natcore Technology) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Natcore Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Natcore Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Natcore Technology'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.

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Natcore Technology Cyclically Adjusted Price-to-FCF Chart

Natcore Technology Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Price-to-FCF
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Natcore Technology Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Natcore Technology's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Natcore Technology'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.


Natcore Technology's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Natcore Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Natcore Technology 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.

Natcore Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Natcore Technology's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.002/106.5067*106.5067
=-0.002

Current CPI (Sep. 2018) = 106.5067.

Natcore Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 -0.050 88.697 -0.060
200903 0.000 89.744 0.000
200906 -0.023 91.003 -0.027
200909 -0.011 91.120 -0.013
200912 -0.009 91.111 -0.011
201003 -0.015 91.821 -0.017
201006 -0.022 91.962 -0.025
201009 -0.017 92.162 -0.020
201012 -0.017 92.474 -0.020
201103 -0.028 94.283 -0.032
201106 -0.010 95.235 -0.011
201109 -0.035 95.727 -0.039
201112 -0.035 95.213 -0.039
201203 -0.026 96.783 -0.029
201206 -0.020 96.819 -0.022
201209 -0.023 97.633 -0.025
201212 -0.013 96.871 -0.014
201303 -0.021 98.209 -0.023
201306 -0.019 98.518 -0.021
201309 -0.022 98.790 -0.024
201312 -0.017 98.326 -0.018
201403 -0.018 99.695 -0.019
201406 -0.022 100.560 -0.023
201409 -0.018 100.428 -0.019
201412 -0.017 99.070 -0.018
201503 -0.011 99.621 -0.012
201506 -0.016 100.684 -0.017
201509 -0.018 100.392 -0.019
201512 -0.007 99.792 -0.007
201603 -0.011 100.470 -0.012
201606 -0.012 101.688 -0.013
201609 -0.009 101.861 -0.009
201612 -0.008 101.863 -0.008
201703 -0.006 102.862 -0.006
201706 -0.006 103.349 -0.006
201709 -0.008 104.136 -0.008
201712 -0.003 104.011 -0.003
201803 0.000 105.290 0.000
201806 -0.006 106.317 -0.006
201809 -0.002 106.507 -0.002

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.


Natcore Technology  (OTCPK:NTCXF) 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.


Natcore Technology Cyclically Adjusted Price-to-FCF Related Terms

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Natcore Technology (Natcore Technology) Business Description

Traded in Other Exchanges
N/A
Address
189 North Water Street, Suite 700, Rochester, NY, USA, 14604-1163
Natcore Technology Inc is a Canada based company. It is a research and development company providing solar cells with improved efficiency and reduced cost. It is focused on using its proprietary nanotechnology discoveries to enable a variety of applications including laser processing, tandem quantum-dot solar cells and its Natcore Foil Cell structure, the development of which eliminates the need to use high-cost silver in mass-manufactured silicon solar cells.

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