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Nekkar ASA (OSL:NKR) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Nekkar ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nekkar ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nekkar 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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Nekkar ASA Cyclically Adjusted Price-to-FCF Chart

Nekkar ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Nekkar ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Nekkar ASA's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Nekkar 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.


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

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

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



Nekkar 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.

Nekkar ASA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nekkar ASA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.526/131.9000*131.9000
=0.526

Current CPI (Dec23) = 131.9000.

Nekkar ASA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -2.458 98.600 -3.288
201512 -0.281 100.900 -0.367
201612 -1.232 104.400 -1.557
201712 0.208 106.100 0.259
201812 0.544 109.800 0.653
201912 0.426 111.300 0.505
202012 1.072 112.900 1.252
202112 -0.760 118.900 -0.843
202212 0.060 125.900 0.063
202312 0.526 131.900 0.526

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.


Nekkar ASA  (OSL:NKR) 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.


Nekkar ASA Cyclically Adjusted Price-to-FCF Related Terms

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Nekkar ASA (OSL:NKR) Business Description

Industry
Traded in Other Exchanges
Address
Andoyfaret 15, Kristiansand, NOR, 4623
Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its main activities are related to Shipyard Solutions, Digital Solutions, and others. The company generates maximum revenue from the Shipyard Solutions segment. Geographically, it derives a majority of revenue from South Asia and also has a presence in Europe; South East Asia; North East Asia; West Asia; America; Africa, and Australia.

Nekkar ASA (OSL:NKR) Headlines