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Nabtesco (STU:3N8) Cyclically Adjusted Price-to-FCF : 34.19 (As of Sep. 21, 2024)


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What is Nabtesco Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Nabtesco's current share price is €14.70. Nabtesco's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €0.43. Nabtesco's Cyclically Adjusted Price-to-FCF for today is 34.19.

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

STU:3N8' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.76   Med: 34.81   Max: 60.39
Current: 31.17

During the past years, Nabtesco's highest Cyclically Adjusted Price-to-FCF was 60.39. The lowest was 21.76. And the median was 34.81.

STU:3N8's Cyclically Adjusted Price-to-FCF is ranked worse than
50.73% of 958 companies
in the Industrial Products industry
Industry Median: 30.445 vs STU:3N8: 31.17

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.

Nabtesco's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.105. 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 €0.43 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nabtesco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nabtesco'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.

Nabtesco Cyclically Adjusted Price-to-FCF Chart

Nabtesco Annual Data
Trend Mar14 Mar15 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 33.35 48.95 31.50 30.55 31.85

Nabtesco Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 30.59 30.22 31.85 35.47 36.65

Competitive Comparison of Nabtesco's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Nabtesco'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.


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

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

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



Nabtesco 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.70/0.43
=34.19

* 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.

Nabtesco's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Nabtesco's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.105/108.2000*108.2000
=0.105

Current CPI (Jun. 2024) = 108.2000.

Nabtesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.155 98.500 0.170
201412 -0.090 97.900 -0.099
201503 0.746 97.900 0.824
201506 -0.063 98.400 -0.069
201509 0.238 98.500 0.261
201512 -0.074 98.100 -0.082
201603 0.375 97.900 0.414
201606 0.046 98.100 0.051
201609 0.241 98.000 0.266
201612 0.160 98.400 0.176
201703 0.197 98.100 0.217
201706 0.330 98.500 0.362
201709 -0.046 98.800 -0.050
201712 0.218 99.400 0.237
201803 0.276 99.200 0.301
201806 -0.063 99.200 -0.069
201809 -0.168 99.900 -0.182
201812 0.122 99.700 0.132
201903 0.370 99.700 0.402
201906 0.174 99.800 0.189
201909 0.473 100.100 0.511
201912 0.553 100.500 0.595
202003 -0.075 100.300 -0.081
202006 0.517 99.900 0.560
202009 0.145 99.900 0.157
202012 0.420 99.300 0.458
202103 0.807 99.900 0.874
202106 0.566 99.500 0.615
202109 0.025 100.100 0.027
202112 0.301 100.100 0.325
202203 -0.552 101.100 -0.591
202206 0.230 101.800 0.244
202209 0.019 103.100 0.020
202212 0.045 104.100 0.047
202303 -0.407 104.400 -0.422
202306 0.302 105.200 0.311
202309 -0.610 106.200 -0.621
202312 -0.076 106.800 -0.077
202403 -0.372 107.200 -0.375
202406 0.105 108.200 0.105

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.


Nabtesco  (STU:3N8) 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.


Nabtesco Cyclically Adjusted Price-to-FCF Related Terms

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


Nabtesco Business Description

Industry
Traded in Other Exchanges
Address
JA Kyosai Bldg., 7-9, Hirakawacho 2-chome, Chiyoda-ku, Tokyo, JPN, 102-0093
Nabtesco manufactures and sells motion control technology-based components and equipment to various industries. Its four main segments include: component solutions, transport solutions, accessibility solutions, and manufacturing solutions. The company has the leading global share with its precision reduction gears for industrial robots, as well as the top share in Japan with its key products for other segments, and it has a long-term record of supplying its products to major players in their respective industries, such as Fanuc, Boeing, Komatsu, and Japan Railways. The company was established in 2003 as a result of the merger of Teijin Seiki and Nabco, and is headquartered in Tokyo.

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