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National Australia Bank (National Australia Bank) Cyclically Adjusted Price-to-FCF : 32.35 (As of Apr. 27, 2024)


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What is National Australia Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), National Australia Bank's current share price is $11.00. National Australia Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was $0.34. National Australia Bank's Cyclically Adjusted Price-to-FCF for today is 32.35.

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

NABZY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14   Med: 25.5   Max: 62.09
Current: 31.5

During the past 13 years, National Australia Bank's highest Cyclically Adjusted Price-to-FCF was 62.09. The lowest was 14.00. And the median was 25.50.

NABZY's Cyclically Adjusted Price-to-FCF is ranked worse than
94.83% of 832 companies
in the Banks industry
Industry Median: 7.405 vs NABZY: 31.50

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.

National Australia Bank's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was $-2.633. 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 $0.34 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Australia Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Australia Bank'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.

National Australia Bank Cyclically Adjusted Price-to-FCF Chart

National Australia Bank Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.55 15.11 36.23 15.96 27.33

National Australia Bank Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 36.23 - 15.96 - 27.33

Competitive Comparison of National Australia Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, National Australia Bank'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.


National Australia Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Australia Bank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



National Australia Bank 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.

National Australia Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.00/0.34
=32.35

* 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.

National Australia Bank's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, National Australia Bank's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=-2.633/125.6559*125.6559
=-2.633

Current CPI (Sep23) = 125.6559.

National Australia Bank Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -1.579 98.816 -2.008
201509 -1.925 100.302 -2.412
201609 1.846 101.602 2.283
201709 1.692 103.460 2.055
201809 -1.256 105.410 -1.497
201909 1.045 107.174 1.225
202009 3.568 107.917 4.154
202109 -0.010 111.168 -0.011
202209 2.613 119.248 2.753
202309 -2.633 125.656 -2.633

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.


National Australia Bank  (OTCPK:NABZY) 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.


National Australia Bank Cyclically Adjusted Price-to-FCF Related Terms

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


National Australia Bank (National Australia Bank) Business Description

Address
395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the third-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.

National Australia Bank (National Australia Bank) Headlines

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