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Nicolas Correa (XMAD:NEA) Cyclically Adjusted Price-to-FCF : 16.30 (As of Jun. 13, 2024)


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What is Nicolas Correa Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Nicolas Correa's current share price is €6.52. Nicolas Correa's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.40. Nicolas Correa's Cyclically Adjusted Price-to-FCF for today is 16.30.

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

XMAD:NEA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.75   Med: 19.86   Max: 51
Current: 16.53

During the past 13 years, Nicolas Correa's highest Cyclically Adjusted Price-to-FCF was 51.00. The lowest was 13.75. And the median was 19.86.

XMAD:NEA's Cyclically Adjusted Price-to-FCF is ranked better than
77.21% of 1031 companies
in the Industrial Products industry
Industry Median: 32.13 vs XMAD:NEA: 16.53

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.

Nicolas Correa's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.319. 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 €0.40 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nicolas Correa Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nicolas Correa'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.

Nicolas Correa Cyclically Adjusted Price-to-FCF Chart

Nicolas Correa 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 37.29 39.23 21.04 13.10 16.38

Nicolas Correa Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 21.04 - 13.10 - 16.38

Competitive Comparison of Nicolas Correa's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Nicolas Correa'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.


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

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

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



Nicolas Correa 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.52/0.4
=16.30

* 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.

Nicolas Correa's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nicolas Correa's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.319/121.2997*121.2997
=0.319

Current CPI (Dec23) = 121.2997.

Nicolas Correa Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.258 100.251 0.312
201512 0.139 100.268 0.168
201612 0.223 101.842 0.266
201712 0.226 102.975 0.266
201812 0.435 104.193 0.506
201912 0.478 105.015 0.552
202012 -0.029 104.456 -0.034
202112 1.105 111.298 1.204
202212 0.395 117.650 0.407
202312 0.319 121.300 0.319

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.


Nicolas Correa  (XMAD:NEA) 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.


Nicolas Correa Cyclically Adjusted Price-to-FCF Related Terms

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


Nicolas Correa (XMAD:NEA) Business Description

Traded in Other Exchanges
Address
Alcalde Martin Cobos 16A, Burgos, ESP, 09007
Nicolas Correa SA is primarily engaged in the design and manufacture of milling machines. The company mainly specializes in the provision of milling solutions for the manufacturers of dies and moulds, monolithic elements for aeronautics, automotive, railway, wind, energy, as well as energy and general mechanical sectors, among others.

Nicolas Correa (XMAD:NEA) Headlines

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