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Next (NXGPY) Cyclically Adjusted Price-to-FCF : 16.06 (As of Apr. 28, 2024)


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What is Next Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Next's current share price is $58.28. Next's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jan24 was $3.63. Next's Cyclically Adjusted Price-to-FCF for today is 16.06.

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

NXGPY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.69   Med: 17.53   Max: 34.89
Current: 16.01

During the past 13 years, Next's highest Cyclically Adjusted Price-to-FCF was 34.89. The lowest was 8.69. And the median was 17.53.

NXGPY's Cyclically Adjusted Price-to-FCF is ranked worse than
55.86% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs NXGPY: 16.01

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.

Next's adjusted free cash flow per share data of for the fiscal year that ended in Jan24 was $4.838. 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 $3.63 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Next Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Next'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.

Next Cyclically Adjusted Price-to-FCF Chart

Next Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.68 18.19 15.86 12.92 14.86

Next Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 15.86 - 12.92 - 14.86

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

For the Apparel Retail subindustry, Next'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.


Next's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Next's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Next 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.28/3.63
=16.06

* 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.

Next's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Next's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jan24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=4.838/130.0000*130.0000
=4.838

Current CPI (Jan24) = 130.0000.

Next Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 3.078 99.200 4.034
201601 2.203 99.900 2.867
201701 2.312 101.800 2.952
201801 2.440 104.500 3.035
201901 3.529 106.400 4.312
202001 3.970 108.300 4.765
202101 3.503 109.300 4.166
202201 3.695 114.600 4.192
202301 2.713 124.800 2.826
202401 4.838 130.000 4.838

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.


Next  (OTCPK:NXGPY) 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.


Next Cyclically Adjusted Price-to-FCF Related Terms

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


Next (NXGPY) Business Description

Industry
Traded in Other Exchanges
Address
Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC is a retailer that sells clothing, footwear, accessories, and home products. most of the company's offerings consist of its own Next-branded products. Almost all of Next's revenue comes from its hundreds of stores in the United Kingdom and through its online and catalog business that reaches dozens of other countries. most of the company's remaining sales are through retail stores outside of the United Kingdom that it franchises. Its segments include NEXT Online, NEXT Finance, NEXT Retail, NEXT International Retail, Sourcing and other, and Property Management. Roughly 90% of the company's revenue comes from customers in the United Kingdom.

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