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Nelnet (Nelnet) Cyclically Adjusted Price-to-FCF : 10.68 (As of Apr. 27, 2024)


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What is Nelnet Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Nelnet's current share price is $94.82. Nelnet's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $8.88. Nelnet's Cyclically Adjusted Price-to-FCF for today is 10.68.

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

NNI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.56   Med: 8.46   Max: 13.73
Current: 10.6

During the past years, Nelnet's highest Cyclically Adjusted Price-to-FCF was 13.73. The lowest was 4.56. And the median was 8.46.

NNI's Cyclically Adjusted Price-to-FCF is ranked worse than
54.9% of 102 companies
in the Credit Services industry
Industry Median: 10.035 vs NNI: 10.60

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.

Nelnet's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.561. 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 $8.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nelnet Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nelnet'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.

Nelnet Cyclically Adjusted Price-to-FCF Chart

Nelnet 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 9.33 10.95 13.35 10.46 9.93

Nelnet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10.46 10.37 10.78 9.64 9.93

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

For the Credit Services subindustry, Nelnet'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.


Nelnet's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nelnet's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nelnet 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=94.82/8.88
=10.68

* 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.

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

For example, Nelnet'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)
=1.561/129.4194*129.4194
=1.561

Current CPI (Dec. 2023) = 129.4194.

Nelnet Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.837 99.695 2.385
201406 1.332 100.560 1.714
201409 2.023 100.428 2.607
201412 1.931 99.070 2.523
201503 2.613 99.621 3.395
201506 1.338 100.684 1.720
201509 2.489 100.392 3.209
201512 1.785 99.792 2.315
201603 2.071 100.470 2.668
201606 1.323 101.688 1.684
201609 1.556 101.861 1.977
201612 0.486 101.863 0.617
201703 0.505 102.862 0.635
201706 1.955 103.349 2.448
201709 0.634 104.136 0.788
201712 0.874 104.011 1.088
201803 0.730 105.290 0.897
201806 -0.569 106.317 -0.693
201809 2.207 106.507 2.682
201812 1.196 105.998 1.460
201903 -4.074 107.251 -4.916
201906 2.570 108.070 3.078
201909 3.430 108.329 4.098
201912 3.288 108.420 3.925
202003 -4.255 108.902 -5.057
202006 0.444 108.767 0.528
202009 6.356 109.815 7.491
202012 3.721 109.897 4.382
202103 0.797 111.754 0.923
202106 3.261 114.631 3.682
202109 3.546 115.734 3.965
202112 3.323 117.630 3.656
202203 6.823 121.301 7.280
202206 5.039 125.017 5.216
202209 4.358 125.227 4.504
202212 0.327 125.222 0.338
202303 2.635 127.348 2.678
202306 1.690 128.729 1.699
202309 3.704 129.860 3.691
202312 1.561 129.419 1.561

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.


Nelnet  (NYSE:NNI) 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.


Nelnet Cyclically Adjusted Price-to-FCF Related Terms

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


Nelnet (Nelnet) Business Description

Industry
Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.
Executives
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535