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Northfield Capital (TSXV:NFD.A) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Northfield Capital Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Northfield Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Northfield Capital'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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Northfield Capital Cyclically Adjusted Price-to-FCF Chart

Northfield Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Northfield Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Northfield Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Northfield Capital'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.


Northfield Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Northfield Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Northfield Capital 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.

Northfield Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Northfield Capital's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.848/125.2304*125.2304
=-0.848

Current CPI (Sep. 2023) = 125.2304.

Northfield Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.114 96.945 0.147
201403 -0.051 98.604 -0.065
201406 0.150 99.473 0.189
201409 0.012 99.394 0.015
201412 -0.106 98.367 -0.135
201503 -0.069 99.789 -0.087
201506 -0.131 100.500 -0.163
201509 -0.037 100.421 -0.046
201512 -0.458 99.947 -0.574
201603 -0.187 101.054 -0.232
201606 -0.056 102.002 -0.069
201609 -0.104 101.765 -0.128
201612 -0.363 101.449 -0.448
201703 -0.826 102.634 -1.008
201706 -0.405 103.029 -0.492
201709 -0.260 103.345 -0.315
201712 -0.314 103.345 -0.380
201803 -0.254 105.004 -0.303
201806 -0.080 105.557 -0.095
201809 -0.062 105.636 -0.074
201812 -0.274 105.399 -0.326
201903 -0.064 106.979 -0.075
201906 -0.155 107.690 -0.180
201909 -0.240 107.611 -0.279
201912 -0.213 107.769 -0.248
202003 -0.536 107.927 -0.622
202006 -0.616 108.401 -0.712
202009 -0.941 108.164 -1.089
202012 -2.094 108.559 -2.416
202103 0.128 110.298 0.145
202106 -0.296 111.720 -0.332
202109 -0.662 112.905 -0.734
202112 -0.010 113.774 -0.011
202203 0.048 117.646 0.051
202206 -0.569 120.806 -0.590
202209 0.644 120.648 0.668
202212 1.589 120.964 1.645
202303 -0.738 122.702 -0.753
202306 -1.396 124.203 -1.408
202309 -0.848 125.230 -0.848

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.


Northfield Capital  (TSXV:NFD.A) 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.


Northfield Capital Cyclically Adjusted Price-to-FCF Related Terms

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


Northfield Capital (TSXV:NFD.A) Business Description

Traded in Other Exchanges
N/A
Address
141 Adelaide Street West, Sutie 301, Toronto, ON, CAN, M5H 3L5
Northfield Capital Corp is a Canada-based company. It has investment interests in the resource, transportation, manufacturing, and technology sectors. The Company's operating segments are; The investments segment includes Investment activities including holding interests in resource, manufacturing, and technology sectors, Aviation Services segment Provides chartered air, flight training, and aircraft maintenance services across Canada and across borders to the United States, the Winery segment includes Vineyard and winery located in Prince Edward County, manufacturing and selling wine, and the Distillery segment include Spirit distilling at Spirit of York distillery located in Toronto's distillery district.

Northfield Capital (TSXV:NFD.A) Headlines

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