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NEXON Co (TSE:3659) Cyclically Adjusted FCF per Share : 円113.20 (As of Dec. 2023)


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What is NEXON Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

NEXON Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円33.404. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is 円113.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NEXON Co's average Cyclically Adjusted FCF Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-28), NEXON Co's current stock price is 円2483.50. NEXON Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円113.20. NEXON Co's Cyclically Adjusted Price-to-FCF of today is 21.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NEXON Co was 41.77. The lowest was 20.09. And the median was 27.43.


NEXON Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NEXON Co's Cyclically Adjusted FCF per Share 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.

NEXON Co Cyclically Adjusted FCF per Share Chart

NEXON Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 89.03 102.18 113.20

NEXON Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 102.18 105.55 108.64 111.58 113.20

Competitive Comparison of NEXON Co's Cyclically Adjusted FCF per Share

For the Electronic Gaming & Multimedia subindustry, NEXON Co'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.


NEXON Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



NEXON Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, NEXON Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=33.404/106.8000*106.8000
=33.404

Current CPI (Dec. 2023) = 106.8000.

NEXON Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 8.105 95.700 9.045
201406 1.771 98.000 1.930
201409 32.042 98.500 34.742
201412 15.475 97.900 16.882
201503 13.928 97.900 15.194
201506 5.782 98.400 6.276
201509 26.406 98.500 28.631
201512 15.751 98.100 17.148
201603 19.281 97.900 21.034
201606 9.154 98.100 9.966
201609 26.503 98.000 28.883
201612 24.016 98.400 26.066
201703 6.526 98.100 7.105
201706 39.532 98.500 42.863
201709 19.673 98.800 21.266
201712 21.318 99.400 22.905
201803 16.765 99.200 18.049
201806 56.441 99.200 60.765
201809 16.966 99.900 18.138
201812 38.487 99.700 41.228
201903 16.348 99.700 17.512
201906 49.556 99.800 53.032
201909 23.993 100.100 25.599
201912 24.447 100.500 25.979
202003 32.532 100.300 34.640
202006 39.783 99.900 42.531
202009 46.121 99.900 49.307
202012 31.950 99.300 34.363
202103 19.357 99.900 20.694
202106 8.307 99.500 8.916
202109 25.857 100.100 27.588
202112 48.410 100.100 51.650
202203 19.539 101.100 20.641
202206 42.892 101.800 44.999
202209 48.983 103.100 50.741
202212 29.938 104.100 30.714
202303 30.974 104.400 31.686
202306 32.140 105.200 32.629
202309 47.000 106.200 47.266
202312 33.404 106.800 33.404

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


NEXON Co  (TSE:3659) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

NEXON Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2483.50/113.2
=21.94

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NEXON Co was 41.77. The lowest was 20.09. And the median was 27.43.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


NEXON Co Cyclically Adjusted FCF per Share Related Terms

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


NEXON Co (TSE:3659) Business Description

Traded in Other Exchanges
Address
1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

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