GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (NYSE:NSC) » Definitions » Cyclically Adjusted Price-to-FCF

Norfolk Southern (Norfolk Southern) Cyclically Adjusted Price-to-FCF : 31.95 (As of May. 26, 2024)


View and export this data going back to 1982. Start your Free Trial

What is Norfolk Southern Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Norfolk Southern's current share price is $226.86. Norfolk Southern's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.10. Norfolk Southern's Cyclically Adjusted Price-to-FCF for today is 31.95.

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

NSC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.67   Med: 37.72   Max: 58.44
Current: 31.93

During the past years, Norfolk Southern's highest Cyclically Adjusted Price-to-FCF was 58.44. The lowest was 24.67. And the median was 37.72.

NSC's Cyclically Adjusted Price-to-FCF is ranked worse than
68.26% of 419 companies
in the Transportation industry
Industry Median: 18.22 vs NSC: 31.93

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.

Norfolk Southern's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.247. 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 $7.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norfolk Southern Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Norfolk Southern'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.

Norfolk Southern Cyclically Adjusted Price-to-FCF Chart

Norfolk Southern 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 46.49 50.84 51.46 36.21 34.05

Norfolk Southern 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 29.83 31.77 27.67 34.05 35.87

Competitive Comparison of Norfolk Southern's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norfolk Southern's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Norfolk Southern 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=226.86/7.1
=31.95

* 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.

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

For example, Norfolk Southern'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)
=1.247/131.7762*131.7762
=1.247

Current CPI (Mar. 2024) = 131.7762.

Norfolk Southern Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.346 100.560 1.764
201409 1.084 100.428 1.422
201412 -0.545 99.070 -0.725
201503 0.772 99.621 1.021
201506 1.231 100.684 1.611
201509 -0.608 100.392 -0.798
201512 0.306 99.792 0.404
201603 1.609 100.470 2.110
201606 0.064 101.688 0.083
201609 1.724 101.861 2.230
201612 0.473 101.863 0.612
201703 1.393 102.862 1.785
201706 0.986 103.349 1.257
201709 1.579 104.136 1.998
201712 1.321 104.011 1.674
201803 1.515 105.290 1.896
201806 1.963 106.317 2.433
201809 2.042 106.507 2.526
201812 0.795 105.998 0.988
201903 1.537 107.251 1.888
201906 2.093 108.070 2.552
201909 2.005 108.329 2.439
201912 1.414 108.420 1.719
202003 2.277 108.902 2.755
202006 1.691 108.767 2.049
202009 2.698 109.815 3.238
202012 1.684 109.897 2.019
202103 2.969 111.754 3.501
202106 2.880 114.631 3.311
202109 3.320 115.734 3.780
202112 2.043 117.630 2.289
202203 2.519 121.301 2.737
202206 2.396 125.017 2.526
202209 4.137 125.227 4.353
202212 0.572 125.222 0.602
202303 3.263 127.348 3.376
202306 0.671 128.729 0.687
202309 0.493 129.860 0.500
202312 -0.796 129.419 -0.810
202403 1.247 131.776 1.247

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.


Norfolk Southern  (NYSE:NSC) 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.


Norfolk Southern Cyclically Adjusted Price-to-FCF Related Terms

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


Norfolk Southern (Norfolk Southern) Business Description

Address
650 West Peachtree Street NW, Atlanta, GA, USA, 30308
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Executives
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase director MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw officer: EVP & Chief Marketing Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires officer: Sr. V.P. - Law 650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag officer: SVP and Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine officer: SVP & Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins officer: EVP & Chief Marketing Officer 650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams officer: EVP-Chief Transform. Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler officer: Sr. Vice President Operations THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042