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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Cyclically Adjusted Price-to-FCF : 320.23 (As of Apr. 28, 2024)


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What is New Oriental Education & Technology Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), New Oriental Education & Technology Group's current share price is $83.26. New Oriental Education & Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.26. New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF for today is 320.23.

The historical rank and industry rank for New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

EDU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.28   Med: 21.57   Max: 800.33
Current: 325.61

During the past years, New Oriental Education & Technology Group's highest Cyclically Adjusted Price-to-FCF was 800.33. The lowest was 3.28. And the median was 21.57.

EDU's Cyclically Adjusted Price-to-FCF is ranked worse than
98.51% of 67 companies
in the Education industry
Industry Median: 13.21 vs EDU: 325.61

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.

New Oriental Education & Technology Group's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $0.655. 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 $0.26 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Oriental Education & Technology Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New Oriental Education & Technology Group'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.

New Oriental Education & Technology Group Cyclically Adjusted Price-to-FCF Chart

New Oriental Education & Technology Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 25.82 18.45 - -

New Oriental Education & Technology Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - 654.43 365.78

Competitive Comparison of New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, New Oriental Education & Technology Group'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.


New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF falls into.



New Oriental Education & Technology Group 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.

New Oriental Education & Technology Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=83.26/0.26
=320.23

* 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.

New Oriental Education & Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, New Oriental Education & Technology Group's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.655/114.6694*114.6694
=0.655

Current CPI (Feb. 2024) = 114.6694.

New Oriental Education & Technology Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.000 98.300 0.000
201408 0.000 98.400 0.000
201411 0.000 98.600 0.000
201502 0.000 100.500 0.000
201505 0.000 99.500 0.000
201508 0.000 100.400 0.000
201511 0.000 100.100 0.000
201602 0.000 102.700 0.000
201605 0.000 101.600 0.000
201608 0.000 101.700 0.000
201611 0.000 102.400 0.000
201702 0.000 103.500 0.000
201705 0.000 103.300 0.000
201708 0.000 103.500 0.000
201711 0.000 104.200 0.000
201802 0.000 106.500 0.000
201805 0.000 104.900 0.000
201808 0.000 105.900 0.000
201811 0.000 106.400 0.000
201902 0.000 108.100 0.000
201905 0.000 107.800 0.000
201908 1.881 108.900 1.981
201911 1.831 111.200 1.888
202002 0.249 113.700 0.251
202005 0.680 110.400 0.706
202008 1.855 111.500 1.908
202011 2.536 110.700 2.627
202102 0.138 113.219 0.140
202105 1.795 112.215 1.834
202108 -2.633 112.215 -2.691
202111 -3.703 113.442 -3.743
202202 -7.718 114.335 -7.741
202205 -6.161 114.558 -6.167
202208 1.088 115.004 1.085
202211 1.028 115.227 1.023
202302 1.133 115.450 1.125
202305 2.527 114.781 2.525
202308 2.016 115.116 2.008
202311 1.800 114.669 1.800
202402 0.655 114.669 0.655

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.


New Oriental Education & Technology Group  (NYSE:EDU) 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.


New Oriental Education & Technology Group Cyclically Adjusted Price-to-FCF Related Terms

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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.