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NSK (NPSKY) Cyclically Adjusted Price-to-FCF : 16.93 (As of May. 22, 2024)


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What is NSK Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), NSK's current share price is $9.65. NSK's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.57. NSK's Cyclically Adjusted Price-to-FCF for today is 16.93.

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

NPSKY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.71   Med: 20.58   Max: 53.4
Current: 17.4

During the past years, NSK's highest Cyclically Adjusted Price-to-FCF was 53.40. The lowest was 12.71. And the median was 20.58.

NPSKY's Cyclically Adjusted Price-to-FCF is ranked better than
61.21% of 464 companies
in the Vehicles & Parts industry
Industry Median: 22.1 vs NPSKY: 17.40

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.

NSK's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.111. 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 $0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NSK Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NSK'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.

NSK Cyclically Adjusted Price-to-FCF Chart

NSK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.14 26.14 18.89 18.43 19.75

NSK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.43 18.68 17.09 16.33 19.75

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

For the Auto Parts subindustry, NSK'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.


NSK's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NSK's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



NSK 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.65/0.57
=16.93

* 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.

NSK's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, NSK's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.111/107.2000*107.2000
=-0.111

Current CPI (Mar. 2024) = 107.2000.

NSK Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.235 98.000 0.257
201409 -0.222 98.500 -0.242
201412 0.331 97.900 0.362
201503 0.334 97.900 0.366
201506 0.703 98.400 0.766
201509 0.164 98.500 0.178
201512 0.871 98.100 0.952
201603 0.168 97.900 0.184
201606 0.796 98.100 0.870
201609 -0.224 98.000 -0.245
201612 0.549 98.400 0.598
201703 -0.618 98.100 -0.675
201706 0.875 98.500 0.952
201709 -0.230 98.800 -0.250
201712 -0.222 99.400 -0.239
201803 0.359 99.200 0.388
201806 0.809 99.200 0.874
201809 -0.160 99.900 -0.172
201812 -0.108 99.700 -0.116
201903 0.121 99.700 0.130
201906 0.763 99.800 0.820
201909 -0.285 100.100 -0.305
201912 0.479 100.500 0.511
202003 -0.080 100.300 -0.086
202006 -0.006 99.900 -0.006
202009 -0.203 99.900 -0.218
202012 0.699 99.300 0.755
202103 0.250 99.900 0.268
202106 0.243 99.500 0.262
202109 -0.448 100.100 -0.480
202112 -0.213 100.100 -0.228
202203 -0.224 101.100 -0.238
202206 0.118 101.800 0.124
202209 -0.229 103.100 -0.238
202212 0.395 104.100 0.407
202303 0.090 104.400 0.092
202306 1.477 105.200 1.505
202309 -0.257 106.200 -0.259
202312 0.056 106.800 0.056
202403 -0.111 107.200 -0.111

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.


NSK  (OTCPK:NPSKY) 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.


NSK Cyclically Adjusted Price-to-FCF Related Terms

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


NSK (NPSKY) Business Description

Industry
Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

NSK (NPSKY) Headlines

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