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Nordex SE (LTS:0MEC) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Nordex SE Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordex SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nordex SE'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.

Nordex SE Cyclically Adjusted Price-to-FCF Chart

Nordex SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Nordex SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Nordex SE's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Nordex SE'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.


Nordex SE's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Nordex SE 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.

Nordex SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nordex SE'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)
=1.314/123.6675*123.6675
=1.314

Current CPI (Dec. 2023) = 123.6675.

Nordex SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.157 99.543 0.195
201406 0.508 99.543 0.631
201409 0.575 99.823 0.712
201412 -0.342 99.543 -0.425
201503 0.499 99.717 0.619
201506 -0.066 100.417 -0.081
201509 -0.256 100.417 -0.315
201512 0.787 99.717 0.976
201603 -0.451 100.017 -0.558
201606 -4.256 100.717 -5.226
201609 2.898 101.017 3.548
201612 1.885 101.217 2.303
201703 -1.615 101.417 -1.969
201706 -0.491 102.117 -0.595
201709 0.257 102.717 0.309
201712 1.312 102.617 1.581
201803 -0.768 102.917 -0.923
201806 -0.444 104.017 -0.528
201809 0.147 104.718 0.174
201812 1.165 104.217 1.382
201903 -0.692 104.217 -0.821
201906 -0.757 105.718 -0.886
201909 -0.025 106.018 -0.029
201912 0.232 105.818 0.271
202003 -0.484 105.718 -0.566
202006 -0.720 106.618 -0.835
202009 -2.117 105.818 -2.474
202012 -0.848 105.518 -0.994
202103 0.055 107.518 0.063
202106 -0.188 108.486 -0.214
202109 0.229 109.435 0.259
202112 -0.462 110.384 -0.518
202203 -0.805 113.968 -0.874
202206 -1.108 115.760 -1.184
202209 -0.858 118.818 -0.893
202212 -0.348 119.345 -0.361
202303 -0.474 122.402 -0.479
202306 -0.714 123.140 -0.717
202309 -0.016 124.195 -0.016
202312 1.314 123.668 1.314

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.


Nordex SE  (LTS:0MEC) 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.


Nordex SE Cyclically Adjusted Price-to-FCF Related Terms

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


Nordex SE (LTS:0MEC) Business Description

Industry
Address
Langenhorner Chaussee 600, Hamburg, DEU, 22419
Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.
Executives
José Luis Blanco Diéguez Board of Directors

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