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Nike (WBO:NKE) Cyclically Adjusted Price-to-FCF : 18.73 (As of Jun. 04, 2025)


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What is Nike Cyclically Adjusted Price-to-FCF?

As of today (2025-06-04), Nike's current share price is €54.49. Nike's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was €2.91. Nike's Cyclically Adjusted Price-to-FCF for today is 18.73.

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

WBO:NKE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.25   Med: 50.18   Max: 87.72
Current: 20.66

During the past years, Nike's highest Cyclically Adjusted Price-to-FCF was 87.72. The lowest was 18.25. And the median was 50.18.

WBO:NKE's Cyclically Adjusted Price-to-FCF is ranked worse than
57.66% of 359 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.6 vs WBO:NKE: 20.66

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.

Nike's adjusted free cash flow per share data for the three months ended in Feb. 2025 was €1.109. 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 €2.91 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nike Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nike'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.

Nike Cyclically Adjusted Price-to-FCF Chart

Nike Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.74 69.33 50.84 40.92 32.35

Nike Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 36.76 32.35 28.42 26.69 26.65

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

For the Footwear & Accessories subindustry, Nike'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.


Nike's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nike's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Nike 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.49/2.91
=18.73

* 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.

Nike's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Nike's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1.109/134.6241*134.6241
=1.109

Current CPI (Feb. 2025) = 134.6241.

Nike Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.560 100.333 0.751
201508 0.084 100.548 0.112
201511 0.137 100.135 0.184
201602 0.306 100.040 0.412
201605 0.638 101.355 0.847
201608 0.267 101.617 0.354
201611 0.409 101.829 0.541
201702 0.473 102.779 0.620
201705 0.341 103.256 0.445
201708 0.154 103.587 0.200
201711 0.562 104.072 0.727
201802 0.278 105.052 0.356
201805 0.954 106.148 1.210
201808 0.508 106.383 0.643
201811 0.672 106.338 0.851
201902 0.466 106.649 0.588
201905 0.965 108.048 1.202
201908 0.062 108.245 0.077
201911 0.383 108.519 0.475
202002 0.521 109.139 0.643
202005 -0.168 108.175 -0.209
202008 0.374 109.662 0.459
202011 1.212 109.793 1.486
202102 0.569 110.968 0.690
202105 0.936 113.576 1.109
202108 0.487 115.421 0.568
202111 1.397 117.269 1.604
202202 0.008 119.703 0.009
202205 0.539 123.323 0.588
202208 0.058 124.958 0.062
202211 0.477 125.607 0.511
202302 1.212 126.928 1.285
202305 1.173 128.314 1.231
202308 -0.190 129.538 -0.197
202311 1.575 129.548 1.637
202402 1.165 130.930 1.198
202405 1.467 132.509 1.490
202408 0.165 132.816 0.167
202411 0.582 133.110 0.589
202502 1.109 134.624 1.109

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.


Nike  (WBO:NKE) 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.


Nike Cyclically Adjusted Price-to-FCF Related Terms

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


Nike Business Description

Address
One Bowerman Drive, Beaverton, OR, USA, 97005-6453
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.