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Nutrien (Nutrien) Cyclically Adjusted FCF per Share : $3.97 (As of Dec. 2023)


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What is Nutrien Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Nutrien's adjusted free cash flow per share for the three months ended in Dec. 2023 was $6.707. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nutrien's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Nutrien was 47.20% per year. The lowest was -5.50% per year. And the median was 11.80% per year.

As of today (2024-05-08), Nutrien's current stock price is $55.45. Nutrien's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.97. Nutrien's Cyclically Adjusted Price-to-FCF of today is 13.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nutrien was 52.89. The lowest was 11.28. And the median was 21.27.


Nutrien Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nutrien's Cyclically Adjusted FCF per Share 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.

Nutrien Cyclically Adjusted FCF per Share Chart

Nutrien Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 2.85 2.99 3.72 3.97

Nutrien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 3.72 3.46 3.62 3.28 3.97

Competitive Comparison of Nutrien's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, Nutrien'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.


Nutrien's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nutrien Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nutrien'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)
=6.707/125.4675*125.4675
=6.707

Current CPI (Dec. 2023) = 125.4675.

Nutrien Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.916 98.604 1.166
201406 1.738 99.473 2.192
201409 0.811 99.394 1.024
201412 0.900 98.367 1.148
201503 0.875 99.789 1.100
201506 1.617 100.500 2.019
201509 0.233 100.421 0.291
201512 0.621 99.947 0.780
201603 -0.173 101.054 -0.215
201606 0.634 102.002 0.780
201609 0.310 101.765 0.382
201612 0.322 101.449 0.398
201703 0.268 102.634 0.328
201706 0.595 103.029 0.725
201709 0.366 103.345 0.444
201712 0.479 103.345 0.582
201803 -0.899 105.004 -1.074
201806 0.441 105.557 0.524
201809 -0.860 105.636 -1.021
201812 2.245 105.399 2.672
201903 -1.398 106.979 -1.640
201906 1.315 107.690 1.532
201909 0.049 107.611 0.057
201912 3.179 107.769 3.701
202003 -1.612 107.927 -1.874
202006 2.498 108.401 2.891
202009 -1.704 108.164 -1.977
202012 3.940 108.559 4.554
202103 -0.893 110.298 -1.016
202106 2.654 111.720 2.981
202109 -3.595 112.905 -3.995
202112 5.248 113.774 5.787
202203 -0.745 117.646 -0.795
202206 3.772 120.806 3.918
202209 0.451 120.648 0.469
202212 7.195 120.964 7.463
202303 -2.604 122.702 -2.663
202306 2.960 124.203 2.990
202309 -2.190 125.230 -2.194
202312 6.707 125.468 6.707

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Nutrien  (NYSE:NTR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Nutrien's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=55.45/3.97
=13.97

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nutrien was 52.89. The lowest was 11.28. And the median was 21.27.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Nutrien Cyclically Adjusted FCF per Share Related Terms

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


Nutrien (Nutrien) Business Description

Industry
Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.

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