/term/cyclically-adjusted-price-to-fcf/STU:D7G NEL ASA (STU:D7G) Cyclically Adjusted Price-to-FCF
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NEL ASA (STU:D7G) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


NEL ASA Cyclically Adjusted Price-to-FCF Historical Data

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

NEL ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NEL 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 NEL ASA's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, NEL 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.


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

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

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



NEL 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.

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

For example, NEL 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)
=-0.011/132.6000*132.6000
=-0.011

Current CPI (Mar. 2024) = 132.6000.

NEL ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 97.500 -0.003
201409 -0.001 98.500 -0.001
201412 0.004 98.600 0.005
201503 0.000 99.200 0.000
201506 0.000 100.100 0.000
201509 -0.002 100.600 -0.003
201512 -0.003 100.900 -0.004
201603 -0.004 102.500 -0.005
201606 -0.005 103.800 -0.006
201609 -0.007 104.200 -0.009
201612 0.003 104.400 0.004
201703 -0.004 105.000 -0.005
201706 0.001 105.800 0.001
201709 -0.013 105.900 -0.016
201712 -0.004 106.100 -0.005
201803 -0.007 107.300 -0.009
201806 -0.004 108.500 -0.005
201809 -0.005 109.500 -0.006
201812 -0.008 109.800 -0.010
201903 -0.005 110.400 -0.006
201906 -0.009 110.600 -0.011
201909 -0.004 111.100 -0.005
201912 -0.009 111.300 -0.011
202003 -0.004 111.200 -0.005
202006 -0.007 112.100 -0.008
202009 -0.008 112.900 -0.009
202012 -0.011 112.900 -0.013
202103 -0.017 114.600 -0.020
202106 -0.012 115.300 -0.014
202109 -0.014 117.500 -0.016
202112 -0.013 118.900 -0.014
202203 -0.015 119.800 -0.017
202206 -0.016 122.600 -0.017
202209 -0.013 125.600 -0.014
202212 -0.018 125.900 -0.019
202303 -0.008 127.600 -0.008
202306 -0.024 130.400 -0.024
202309 -0.017 129.800 -0.017
202312 -0.024 131.900 -0.024
202403 -0.011 132.600 -0.011

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.


NEL ASA  (STU:D7G) 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.


NEL ASA Cyclically Adjusted Price-to-FCF Related Terms

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


NEL ASA (STU:D7G) Business Description

Industry
Address
Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Fueling and Electroiyser. It generates maximum revenue from the Electroiyser segment.

NEL ASA (STU:D7G) Headlines

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