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NiSource (NiSource) Cyclically Adjusted Price-to-FCF : (As of May. 23, 2024)


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What is NiSource Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


NiSource Cyclically Adjusted Price-to-FCF Historical Data

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

NiSource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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NiSource Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of NiSource's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, NiSource'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.


NiSource's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NiSource's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



NiSource 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.

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

For example, NiSource'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)
=-0.297/131.7762*131.7762
=-0.297

Current CPI (Mar. 2024) = 131.7762.

NiSource Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.663 100.560 -0.869
201409 0.552 100.428 0.724
201412 0.204 99.070 0.271
201503 1.137 99.621 1.504
201506 0.630 100.684 0.825
201509 -0.903 100.392 -1.185
201512 -0.547 99.792 -0.722
201603 0.006 100.470 0.008
201606 -0.580 101.688 -0.752
201609 -1.130 101.861 -1.462
201612 -0.371 101.863 -0.480
201703 0.305 102.862 0.391
201706 -0.553 103.349 -0.705
201709 -1.823 104.136 -2.307
201712 -0.787 104.011 -0.997
201803 0.054 105.290 0.068
201806 -0.116 106.317 -0.144
201809 -0.952 106.507 -1.178
201812 -2.458 105.998 -3.056
201903 0.121 107.251 0.149
201906 0.099 108.070 0.121
201909 -0.430 108.329 -0.523
201912 -0.372 108.420 -0.452
202003 -0.214 108.902 -0.259
202006 -0.077 108.767 -0.093
202009 -0.839 109.815 -1.007
202012 -0.570 109.897 -0.683
202103 0.206 111.754 0.243
202106 -0.417 114.631 -0.479
202109 -0.601 115.734 -0.684
202112 -0.632 117.630 -0.708
202203 0.294 121.301 0.319
202206 -0.317 125.017 -0.334
202209 -1.076 125.227 -1.132
202212 -0.689 125.222 -0.725
202303 0.282 127.348 0.292
202306 -0.218 128.729 -0.223
202309 -0.845 129.860 -0.857
202312 -0.803 129.419 -0.818
202403 -0.297 131.776 -0.297

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.


NiSource  (NYSE:NI) 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.


NiSource Cyclically Adjusted Price-to-FCF Related Terms

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


NiSource (NiSource) Business Description

Industry
Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Executives
Michael E Jesanis director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham officer: EVP & Chief Innovation Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown officer: Executive Vice President 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson officer: EVP Operations & CSO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia officer: VP, Interim GC & Corp Sec 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs officer: EVP, Strategy & Risk & CCO P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman officer: SVP & CHRO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson director 77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur officer: SVP & President, Gas Utilities 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper officer: SVP and President, NIPSCO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas officer: EVP & President Columbia Gas 801 E. 86TH AVENUE, MERRILLVILLE IN 46410