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Nordstrom (BSP:J1WN34) Cyclically Adjusted FCF per Share : R$15.39 (As of Jan. 2024)


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What is Nordstrom Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Nordstrom's adjusted free cash flow per share for the three months ended in Jan. 2024 was R$9.307. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$15.39 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Nordstrom's average Cyclically Adjusted FCF Growth Rate was -7.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Nordstrom was 66.50% per year. The lowest was -28.30% per year. And the median was 10.20% per year.

As of today (2024-05-29), Nordstrom's current stock price is R$110.74. Nordstrom's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$15.39. Nordstrom's Cyclically Adjusted Price-to-FCF of today is 7.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nordstrom was 33.19. The lowest was 3.36. And the median was 12.38.


Nordstrom Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nordstrom's Cyclically Adjusted FCF per Share 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.

Nordstrom Cyclically Adjusted FCF per Share Chart

Nordstrom Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.04 15.96 14.44 15.39

Nordstrom Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share 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 14.44 16.75 13.69 14.65 15.39

Competitive Comparison of Nordstrom's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, Nordstrom'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.


Nordstrom's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nordstrom's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nordstrom Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Nordstrom's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.307/130.1244*130.1244
=9.307

Current CPI (Jan. 2024) = 130.1244.

Nordstrom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.498 100.023 0.648
201407 -0.577 100.520 -0.747
201410 -1.170 100.176 -1.520
201501 6.227 98.604 8.218
201504 -0.796 99.824 -1.038
201507 -0.918 100.691 -1.186
201510 20.136 100.346 26.111
201601 11.216 99.957 14.601
201604 -0.588 100.947 -0.758
201607 8.964 101.524 11.489
201610 -3.601 101.988 -4.594
201701 10.155 102.456 12.897
201704 -1.188 103.167 -1.498
201707 5.639 103.278 7.105
201710 -3.253 104.070 -4.067
201801 11.540 104.578 14.359
201804 -3.145 105.708 -3.871
201807 10.818 106.324 13.240
201810 -2.443 106.695 -2.979
201901 9.596 106.200 11.758
201904 -6.986 107.818 -8.431
201907 11.947 108.250 14.361
201910 -10.062 108.577 -12.059
202001 12.530 108.841 14.980
202004 -30.903 108.173 -37.174
202007 3.019 109.318 3.594
202010 2.560 109.861 3.032
202101 0.476 110.364 0.561
202104 -17.215 112.673 -19.881
202107 25.932 115.183 29.296
202110 -14.050 116.696 -15.667
202201 9.031 118.619 9.907
202204 2.656 121.978 2.833
202207 2.208 125.002 2.298
202210 -8.002 125.734 -8.281
202301 17.940 126.223 18.495
202304 -2.811 127.992 -2.858
202307 9.707 128.974 9.794
202310 -15.699 129.810 -15.737
202401 9.307 130.124 9.307

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Nordstrom  (BSP:J1WN34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Nordstrom's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=110.74/15.39
=7.20

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nordstrom was 33.19. The lowest was 3.36. And the median was 12.38.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Nordstrom Cyclically Adjusted FCF per Share Related Terms

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


Nordstrom (BSP:J1WN34) Business Description

Traded in Other Exchanges
Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Nordstrom (BSP:J1WN34) Headlines

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