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Next Biometrics Group ASA (OSL:NEXT) Cyclically Adjusted Price-to-FCF : (As of May. 16, 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)
=-0.137/131.9000*131.9000
=-0.137

Current CPI (Mar. 2024) = 131.9000.

Next Biometrics Group ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.324 97.500 -3.144
201409 -1.903 98.500 -2.548
201412 -2.699 98.600 -3.611
201503 -1.978 99.200 -2.630
201506 -1.652 100.100 -2.177
201509 -2.214 100.600 -2.903
201512 -2.877 100.900 -3.761
201603 -2.961 102.500 -3.810
201606 -3.292 103.800 -4.183
201609 -2.992 104.200 -3.787
201612 -2.735 104.400 -3.455
201703 -1.775 105.000 -2.230
201706 -3.104 105.800 -3.870
201709 -1.843 105.900 -2.295
201712 -2.176 106.100 -2.705
201803 -1.855 107.300 -2.280
201806 -2.159 108.500 -2.625
201809 -2.022 109.500 -2.436
201812 -1.064 109.800 -1.278
201903 -0.759 110.400 -0.907
201906 -0.463 110.600 -0.552
201909 -0.601 111.100 -0.714
201912 -0.808 111.300 -0.958
202003 -0.654 111.200 -0.776
202006 -0.200 112.100 -0.235
202009 -0.272 112.900 -0.318
202012 -0.208 112.900 -0.243
202103 -0.252 114.600 -0.290
202106 -0.123 115.300 -0.141
202109 -0.019 117.500 -0.021
202112 -0.142 118.900 -0.158
202203 -0.085 119.800 -0.094
202206 -0.116 122.600 -0.125
202209 -0.115 125.600 -0.121
202212 -0.046 125.900 -0.048
202303 -0.166 127.600 -0.172
202306 -0.145 130.400 -0.147
202309 -0.099 129.800 -0.101
202312 -0.182 131.900 -0.182
202403 -0.137 131.900 -0.137

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  (OSL:NEXT) 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 (OSL:NEXT) 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.

Next Biometrics Group ASA (OSL:NEXT) Headlines