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Nordic Semiconductor ASA (OSL:NOD) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Nordic Semiconductor ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Semiconductor ASA Cyclically Adjusted Price-to-FCF Historical Data

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

Nordic Semiconductor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 514.28 815.07 704.40 180.67 1,929.22

Nordic Semiconductor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 848.36 352.07 535.13 1,929.22 -

Competitive Comparison of Nordic Semiconductor ASA's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Nordic Semiconductor 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.


Nordic Semiconductor ASA's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Nordic Semiconductor 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.

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

For example, Nordic Semiconductor 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)
=-2.239/132.6000*132.6000
=-2.239

Current CPI (Mar. 2024) = 132.6000.

Nordic Semiconductor ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.448 97.500 -0.609
201409 0.545 98.500 0.734
201412 0.434 98.600 0.584
201503 -0.720 99.200 -0.962
201506 -0.446 100.100 -0.591
201509 0.321 100.600 0.423
201512 0.109 100.900 0.143
201603 0.503 102.500 0.651
201606 -0.793 103.800 -1.013
201609 0.313 104.200 0.398
201612 -0.786 104.400 -0.998
201703 0.356 105.000 0.450
201706 -0.235 105.800 -0.295
201709 0.134 105.900 0.168
201712 0.543 106.100 0.679
201803 -0.210 107.300 -0.260
201806 -0.174 108.500 -0.213
201809 -0.561 109.500 -0.679
201812 0.888 109.800 1.072
201903 -0.253 110.400 -0.304
201906 -0.436 110.600 -0.523
201909 0.015 111.100 0.018
201912 0.097 111.300 0.116
202003 -0.289 111.200 -0.345
202006 -0.092 112.100 -0.109
202009 0.209 112.900 0.245
202012 1.571 112.900 1.845
202103 -1.483 114.600 -1.716
202106 1.850 115.300 2.128
202109 0.920 117.500 1.038
202112 1.670 118.900 1.862
202203 1.200 119.800 1.328
202206 1.197 122.600 1.295
202209 1.899 125.600 2.005
202212 1.372 125.900 1.445
202303 -7.544 127.600 -7.840
202306 1.153 130.400 1.172
202309 -1.135 129.800 -1.159
202312 -1.584 131.900 -1.592
202403 -2.239 132.600 -2.239

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.


Nordic Semiconductor ASA  (OSL:NOD) 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.


Nordic Semiconductor ASA Cyclically Adjusted Price-to-FCF Related Terms

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Nordic Semiconductor ASA (OSL:NOD) Business Description

Traded in Other Exchanges
Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

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