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Next Biometrics Group ASA (Next Biometrics Group ASA) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Next Biometrics Group ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Next Biometrics Group ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Next Biometrics Group ASA'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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Next Biometrics Group ASA Cyclically Adjusted Price-to-FCF Chart

Next Biometrics Group ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Next Biometrics Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Next Biometrics Group ASA's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Next Biometrics Group ASA'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.


Next Biometrics Group ASA's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Next Biometrics Group ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Next Biometrics Group ASA's Cyclically Adjusted Price-to-FCF falls into.



Next Biometrics Group ASA 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.

Next Biometrics Group ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Next Biometrics Group ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.013/132.6000*132.6000
=-0.013

Current CPI (Mar. 2024) = 132.6000.

Next Biometrics Group ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.387 97.500 -0.526
201409 -0.301 98.500 -0.405
201412 -0.373 98.600 -0.502
201503 -0.249 99.200 -0.333
201506 -0.213 100.100 -0.282
201509 -0.269 100.600 -0.355
201512 -0.333 100.900 -0.438
201603 -0.352 102.500 -0.455
201606 -0.399 103.800 -0.510
201609 -0.367 104.200 -0.467
201612 -0.321 104.400 -0.408
201703 -0.210 105.000 -0.265
201706 -0.369 105.800 -0.462
201709 -0.237 105.900 -0.297
201712 -0.263 106.100 -0.329
201803 -0.240 107.300 -0.297
201806 -0.268 108.500 -0.328
201809 -0.247 109.500 -0.299
201812 -0.124 109.800 -0.150
201903 -0.089 110.400 -0.107
201906 -0.054 110.600 -0.065
201909 -0.067 111.100 -0.080
201912 -0.090 111.300 -0.107
202003 -0.064 111.200 -0.076
202006 -0.021 112.100 -0.025
202009 -0.030 112.900 -0.035
202012 -0.024 112.900 -0.028
202103 -0.030 114.600 -0.035
202106 -0.015 115.300 -0.017
202109 -0.002 117.500 -0.002
202112 -0.016 118.900 -0.018
202203 -0.010 119.800 -0.011
202206 -0.012 122.600 -0.013
202209 -0.011 125.600 -0.012
202212 -0.005 125.900 -0.005
202303 -0.016 127.600 -0.017
202306 -0.013 130.400 -0.013
202309 -0.009 129.800 -0.009
202312 -0.017 131.900 -0.017
202403 -0.013 132.600 -0.013

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.


Next Biometrics Group ASA  (GREY:NXTBF) 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.


Next Biometrics Group ASA Cyclically Adjusted Price-to-FCF Related Terms

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Next Biometrics Group ASA (Next Biometrics Group ASA) Business Description

Industry
Traded in Other Exchanges
Address
Apotekergata 10B, Oslo, NOR, 0180
Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The majority of the revenue is derived from the sale of sensors.