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NCC Finance (BOM:531452) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is NCC Finance Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NCC Finance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NCC Finance'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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NCC Finance Cyclically Adjusted Price-to-FCF Chart

NCC Finance Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted Price-to-FCF
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NCC Finance Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of NCC Finance's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, NCC Finance'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.


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

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

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



NCC Finance 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.

NCC Finance's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar19 is calculated as:

For example, NCC Finance's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar19 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar19 (Change)*Current CPI (Mar19)
=-0.046/118.2021*118.2021
=-0.046

Current CPI (Mar19) = 118.2021.

NCC Finance Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201003 0.148 65.030 0.269
201103 -0.020 70.768 -0.033
201203 -0.036 76.889 -0.055
201303 -0.039 85.687 -0.054
201403 -0.029 91.425 -0.037
201503 -0.051 97.163 -0.062
201603 -0.086 102.518 -0.099
201703 -0.078 105.196 -0.088
201803 -0.122 109.786 -0.131
201903 -0.046 118.202 -0.046

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.


NCC Finance  (BOM:531452) 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.


NCC Finance Cyclically Adjusted Price-to-FCF Related Terms

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NCC Finance (BOM:531452) Business Description

Traded in Other Exchanges
N/A
Address
NCC House, Madhapur, Hyderabad, TG, IND, 500 081
NCC Finance Ltd is a financial services company. It is engaged in the business of hire purchase, leasing, and advancement of short-term loans to its various clients such as individuals, partnership firms, and companies.

NCC Finance (BOM:531452) Headlines

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