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Nortech Systems (Nortech Systems) Cyclically Adjusted Price-to-FCF : 72.53 (As of May. 26, 2024)


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What is Nortech Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Nortech Systems's current share price is $12.33. Nortech Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.17. Nortech Systems's Cyclically Adjusted Price-to-FCF for today is 72.53.

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

NSYS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.94   Med: 29.87   Max: 500.01
Current: 71.56

During the past years, Nortech Systems's highest Cyclically Adjusted Price-to-FCF was 500.01. The lowest was 10.94. And the median was 29.87.

NSYS's Cyclically Adjusted Price-to-FCF is ranked worse than
72.17% of 230 companies
in the Medical Devices & Instruments industry
Industry Median: 44.1 vs NSYS: 71.56

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.

Nortech Systems's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.717. 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 $0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nortech Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nortech Systems'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.

Nortech Systems Cyclically Adjusted Price-to-FCF Chart

Nortech Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.63 122.45 - 409.36 102.49

Nortech Systems 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 104.58 89.88 79.03 102.49 77.48

Competitive Comparison of Nortech Systems's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Nortech Systems'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.


Nortech Systems's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nortech Systems 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.33/0.17
=72.53

* 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.

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

For example, Nortech Systems'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)
=0.717/131.7762*131.7762
=0.717

Current CPI (Mar. 2024) = 131.7762.

Nortech Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.126 100.560 0.165
201409 -0.217 100.428 -0.285
201412 -0.076 99.070 -0.101
201503 -0.418 99.621 -0.553
201506 -0.074 100.684 -0.097
201509 1.392 100.392 1.827
201512 -0.280 99.792 -0.370
201603 0.193 100.470 0.253
201606 -0.314 101.688 -0.407
201609 0.197 101.861 0.255
201612 0.496 101.863 0.642
201703 -0.201 102.862 -0.257
201706 0.505 103.349 0.644
201709 -0.325 104.136 -0.411
201712 -0.023 104.011 -0.029
201803 0.092 105.290 0.115
201806 0.716 106.317 0.887
201809 -0.230 106.507 -0.285
201812 -0.194 105.998 -0.241
201903 -0.689 107.251 -0.847
201906 -0.366 108.070 -0.446
201909 0.661 108.329 0.804
201912 0.487 108.420 0.592
202003 0.148 108.902 0.179
202006 -0.064 108.767 -0.078
202009 -0.276 109.815 -0.331
202012 0.514 109.897 0.616
202103 -0.439 111.754 -0.518
202106 -1.807 114.631 -2.077
202109 0.719 115.734 0.819
202112 -0.627 117.630 -0.702
202203 0.335 121.301 0.364
202206 -1.429 125.017 -1.506
202209 0.839 125.227 0.883
202212 1.270 125.222 1.336
202303 0.421 127.348 0.436
202306 -0.661 128.729 -0.677
202309 0.601 129.860 0.610
202312 -0.200 129.419 -0.204
202403 0.717 131.776 0.717

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.


Nortech Systems  (NAS:NSYS) 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.


Nortech Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Nortech Systems (Nortech Systems) Business Description

Traded in Other Exchanges
N/A
Address
7550 Meridian Circle N, Suite 150, Maple Grove, MN, USA, 55369
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
Executives
Amy S. Fredregill director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
Jose Antonio Peris director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
David B Kunin director 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
David J. Graff director 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Daniel Ramon Everingham 10 percent owner 617 COUNTRY VIEW LANE, GARLAND TX 75043
Jay D Miller director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Christopher Dean Jones officer: CFO 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Stacy A Kruse director 7401 BOONE AVENUE NORTH, BROOKLYN PARK MN 55428
Philip Irving Smith director 4503 BROWNDALE AVENUE, EDINA MN 55424
Dan Sachs director 7550 MERIDIAN CIRCLE N., MAPLE GROVE MN 55369
Steven J Rosenstone director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Heidi B Grange officer: Senior Vice President of HR 7550 MERIDIAN CIRCLE N, MAPLE GROVE MN 55369
John Lindeen officer: Sr VP - Global Operations 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369
Beck Constance officer: Chief Financial Officer NORTECH SYSTEMS INCORPORATED, 7550 MERDIAN CIRCLE N, MAPLE GROVE MN 55369
Matt Mahmood officer: Chief Operating Officer 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369