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Nova Lifestyle (Nova Lifestyle) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Nova Lifestyle Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Lifestyle Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nova Lifestyle'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.

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Nova Lifestyle Cyclically Adjusted Price-to-FCF Chart

Nova Lifestyle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Nova Lifestyle 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 Nova Lifestyle's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle'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.


Nova Lifestyle's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nova Lifestyle 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.

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

For example, Nova Lifestyle'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)
=-1.748/129.4194*129.4194
=-1.748

Current CPI (Dec. 2023) = 129.4194.

Nova Lifestyle Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.564 99.695 -0.732
201406 -10.071 100.560 -12.961
201409 -1.025 100.428 -1.321
201412 -1.239 99.070 -1.619
201503 -0.854 99.621 -1.109
201506 -5.081 100.684 -6.531
201509 0.883 100.392 1.138
201512 -0.187 99.792 -0.243
201603 -0.542 100.470 -0.698
201606 -0.725 101.688 -0.923
201609 -0.219 101.861 -0.278
201612 -4.607 101.863 -5.853
201703 8.005 102.862 10.072
201706 -9.766 103.349 -12.230
201709 -3.025 104.136 -3.759
201712 3.608 104.011 4.489
201803 -0.348 105.290 -0.428
201806 -0.573 106.317 -0.698
201809 -3.923 106.507 -4.767
201812 -1.218 105.998 -1.487
201903 48.174 107.251 58.132
201906 -40.626 108.070 -48.652
201909 -0.782 108.329 -0.934
201912 6.501 108.420 7.760
202003 -0.603 108.902 -0.717
202006 -0.396 108.767 -0.471
202009 0.020 109.815 0.024
202012 -0.790 109.897 -0.930
202103 -0.787 111.754 -0.911
202106 -0.655 114.631 -0.739
202109 -1.184 115.734 -1.324
202112 -1.220 117.630 -1.342
202203 -0.626 121.301 -0.668
202206 -0.338 125.017 -0.350
202209 -1.537 125.227 -1.588
202212 -1.355 125.222 -1.400
202303 -0.510 127.348 -0.518
202306 1.481 128.729 1.489
202309 0.059 129.860 0.059
202312 -1.748 129.419 -1.748

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.


Nova Lifestyle  (NAS:NVFY) 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.


Nova Lifestyle Cyclically Adjusted Price-to-FCF Related Terms

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


Nova Lifestyle (Nova Lifestyle) Business Description

Traded in Other Exchanges
Address
6565 East Washington Boulevard, Commerce, CA, USA, 90040
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The Company operates in one business and industry segment: the design and sale of furniture.
Executives
Umesh Patel director 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Min Su director, officer: Corporate Secretary C/O NOVA LIFESTYLE, INC., 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Jeffrey Chuang officer: Chief Financial Officer C/O NOVA LIFESTYLE, INC., 6565 E. WASHINGTON BLVD, COMMERCE CA 90040
Steven Qiang Liu 10 percent owner 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Yuen Ching Ho 10 percent owner, officer: Chief Financial Officer 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Huy P La director 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Joyal St. 10 percent owner 6565 E WASHINGTON BLVD #518, COMMERCE CA 90040
Ya Ming Wong director, 10 percent owner, officer: CEO and Chairman 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Thanh H Lam director, officer: President 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Peter M Kam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Bin Liu director 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
James R Talevich director 20202 WINDROW DR, LAKE FOREST CA 92630
Michael J Viotto director 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Chung Shing Yam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Alex Li director, 10 percent owner, officer: President & CEO NO. 6 JIEFANGNAN LU, HEXI DISTRICT, TIANJIN F4 30000

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