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Nutrien (TSX:NTR) Cyclically Adjusted Price-to-FCF : 15.46 (As of Jun. 09, 2024)


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What is Nutrien Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Nutrien's current share price is C$76.24. Nutrien's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$4.93. Nutrien's Cyclically Adjusted Price-to-FCF for today is 15.46.

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

TSX:NTR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.28   Med: 21.11   Max: 48.39
Current: 15.47

During the past years, Nutrien's highest Cyclically Adjusted Price-to-FCF was 48.39. The lowest was 11.28. And the median was 21.11.

TSX:NTR's Cyclically Adjusted Price-to-FCF is ranked better than
54.26% of 94 companies
in the Agriculture industry
Industry Median: 16.785 vs TSX:NTR: 15.47

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.

Nutrien's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-2.353. 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 C$4.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutrien Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nutrien'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.

Nutrien Cyclically Adjusted Price-to-FCF Chart

Nutrien 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 17.49 16.91 25.16 19.59 14.24

Nutrien 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 21.38 16.30 18.87 14.24 14.93

Competitive Comparison of Nutrien's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Nutrien'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.


Nutrien's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nutrien 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=76.24/4.93
=15.46

* 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.

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

For example, Nutrien'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)
=-2.353/126.2576*126.2576
=-2.353

Current CPI (Mar. 2024) = 126.2576.

Nutrien Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.883 99.473 2.390
201409 0.893 99.394 1.134
201412 1.038 98.367 1.332
201503 1.104 99.789 1.397
201506 2.000 100.500 2.513
201509 0.309 100.421 0.388
201512 0.852 99.947 1.076
201603 -0.229 101.054 -0.286
201606 0.818 102.002 1.013
201609 0.406 101.765 0.504
201612 0.429 101.449 0.534
201703 0.358 102.634 0.440
201706 0.791 103.029 0.969
201709 0.449 103.345 0.549
201712 0.611 103.345 0.746
201803 -1.162 105.004 -1.397
201806 0.578 105.557 0.691
201809 -1.121 105.636 -1.340
201812 3.016 105.399 3.613
201903 -1.869 106.979 -2.206
201906 1.748 107.690 2.049
201909 0.065 107.611 0.076
201912 4.187 107.769 4.905
202003 -2.251 107.927 -2.633
202006 3.386 108.401 3.944
202009 -2.255 108.164 -2.632
202012 5.047 108.559 5.870
202103 -1.123 110.298 -1.285
202106 3.243 111.720 3.665
202109 -4.555 112.905 -5.094
202112 6.717 113.774 7.454
202203 -0.943 117.646 -1.012
202206 4.830 120.806 5.048
202209 0.602 120.648 0.630
202212 9.775 120.964 10.203
202303 -3.605 122.702 -3.709
202306 3.933 124.203 3.998
202309 -2.963 125.230 -2.987
202312 8.998 125.072 9.083
202403 -2.353 126.258 -2.353

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.


Nutrien  (TSX:NTR) 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.


Nutrien Cyclically Adjusted Price-to-FCF Related Terms

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


Nutrien (TSX:NTR) Business Description

Industry
Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Executives
Noralee Bradley Senior Officer

Nutrien (TSX:NTR) Headlines