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Nobia AB (OSTO:NOBI) Cyclically Adjusted Price-to-FCF : 2.86 (As of Jun. 25, 2024)


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What is Nobia AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Nobia AB's current share price is kr4.544. Nobia AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr1.59. Nobia AB's Cyclically Adjusted Price-to-FCF for today is 2.86.

The historical rank and industry rank for Nobia AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSTO:NOBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.58   Med: 11.92   Max: 21.92
Current: 2.86

During the past years, Nobia AB's highest Cyclically Adjusted Price-to-FCF was 21.92. The lowest was 1.58. And the median was 11.92.

OSTO:NOBI's Cyclically Adjusted Price-to-FCF is ranked better than
96.2% of 184 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 16.735 vs OSTO:NOBI: 2.86

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Nobia AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-3.448. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr1.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nobia AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nobia AB'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.

* Premium members only.

Nobia AB Cyclically Adjusted Price-to-FCF Chart

Nobia AB 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 18.05 14.55 10.61 4.13 2.49

Nobia AB 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 3.43 2.77 1.76 2.49 2.76

Competitive Comparison of Nobia AB's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Nobia AB'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.


Nobia AB's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nobia AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nobia AB 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.

Nobia AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.544/1.59
=2.86

* 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.

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

For example, Nobia AB'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)
=-3.448/132.2054*132.2054
=-3.448

Current CPI (Mar. 2024) = 132.2054.

Nobia AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.438 100.432 0.577
201409 0.397 100.161 0.524
201412 0.759 100.225 1.001
201503 0.082 99.950 0.108
201506 0.436 99.995 0.576
201509 0.690 100.228 0.910
201512 0.743 100.276 0.980
201603 0.180 100.751 0.236
201606 0.610 101.019 0.798
201609 0.610 101.138 0.797
201612 1.229 102.022 1.593
201703 0.257 102.022 0.333
201706 0.496 102.752 0.638
201709 0.557 103.279 0.713
201712 0.461 103.793 0.587
201803 0.154 103.962 0.196
201806 0.480 104.875 0.605
201809 0.554 105.679 0.693
201812 0.369 105.912 0.461
201903 0.621 105.886 0.775
201906 0.663 106.742 0.821
201909 0.906 107.214 1.117
201912 0.902 107.766 1.107
202003 0.540 106.563 0.670
202006 1.888 107.498 2.322
202009 1.184 107.635 1.454
202012 1.044 108.296 1.274
202103 -0.204 108.360 -0.249
202106 1.619 108.928 1.965
202109 0.311 110.338 0.373
202112 -0.011 112.486 -0.013
202203 -1.140 114.825 -1.313
202206 0.760 118.384 0.849
202209 -1.425 122.296 -1.540
202212 -0.229 126.365 -0.240
202303 -0.196 127.042 -0.204
202306 -0.771 129.407 -0.788
202309 -0.816 130.224 -0.828
202312 -0.517 131.912 -0.518
202403 -3.448 132.205 -3.448

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.


Nobia AB  (OSTO:NOBI) 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.


Nobia AB Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Nobia AB's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Nobia AB (OSTO:NOBI) Business Description

Traded in Other Exchanges
Address
Blekholmstorget 30E, Stockholm, SWE, 111 64
Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.

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