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Norris Industries (Norris Industries) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Norris Industries Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Norris Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Norris Industries'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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Norris Industries Cyclically Adjusted Price-to-FCF Chart

Norris Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
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Norris Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Norris Industries's Cyclically Adjusted Price-to-FCF

For the Oil & Gas E&P subindustry, Norris Industries'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.


Norris Industries's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norris Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Norris Industries 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.

Norris Industries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb24 is calculated as:

For example, Norris Industries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb24 (Change)*Current CPI (Feb24)
=-0.004/130.9299*130.9299
=-0.004

Current CPI (Feb24) = 130.9299.

Norris Industries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201502 -0.002 99.032 -0.003
201602 -0.006 100.040 -0.008
201702 -0.031 102.779 -0.039
201802 -0.027 105.052 -0.034
201902 -0.005 106.649 -0.006
202002 -0.009 109.139 -0.011
202102 -0.006 110.968 -0.007
202202 -0.005 119.703 -0.005
202302 -0.003 126.928 -0.003
202402 -0.004 130.930 -0.004

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.


Norris Industries  (OTCPK:NRIS) 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.


Norris Industries Cyclically Adjusted Price-to-FCF Related Terms

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Norris Industries (Norris Industries) Business Description

Industry
Traded in Other Exchanges
N/A
Address
102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, and Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
Executives
Patrick L. Norris director, 10 percent owner, officer: CEO, Pres, Sec, Treasurer 409 TERRELL CRT, NEW IBERIA LA 90563
Ross Henry Ramsey director, officer: President, CEO, CFO 401 BOYD DR #3116, GRAPEVINE TX 76051
Benjamin B Tran director 49 MONTEREY PINE DR., NEWPORT COAST CA 92657

Norris Industries (Norris Industries) Headlines

From GuruFocus

Norris Industries Releases Shareholder Update with Expansion Plan

By Marketwired Marketwired 07-24-2019