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Nishat Mills (KAR:NML) Cyclically Adjusted FCF per Share : ₨-10.71 (As of Mar. 2024)


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What is Nishat Mills 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.

Nishat Mills's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨5.970. 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 ₨-10.71 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-10), Nishat Mills's current stock price is ₨70.26. Nishat Mills's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨-10.71. Nishat Mills's Cyclically Adjusted Price-to-FCF of today is .


Nishat Mills Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nishat Mills'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.

Nishat Mills Cyclically Adjusted FCF per Share Chart

Nishat Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.04 -2.63 -7.90

Nishat Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.43 -7.90 -8.04 -11.08 -10.71

Competitive Comparison of Nishat Mills's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Nishat Mills'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.


Nishat Mills's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nishat Mills 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, Nishat Mills'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)
=5.97/131.7762*131.7762
=5.970

Current CPI (Mar. 2024) = 131.7762.

Nishat Mills Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.666 100.560 -3.494
201409 -6.948 100.428 -9.117
201412 0.102 99.070 0.136
201503 9.920 99.621 13.122
201506 10.139 100.684 13.270
201509 13.341 100.392 17.512
201512 -5.942 99.792 -7.846
201603 2.975 100.470 3.902
201606 10.466 101.688 13.563
201609 3.185 101.861 4.120
201612 -22.876 101.863 -29.594
201703 -2.352 102.862 -3.013
201706 -0.604 103.349 -0.770
201709 10.030 104.136 12.692
201712 -13.572 104.011 -17.195
201803 -0.842 105.290 -1.054
201806 6.510 106.317 8.069
201809 -9.016 106.507 -11.155
201812 -24.357 105.998 -30.281
201903 7.301 107.251 8.971
201906 12.499 108.070 15.241
201909 9.223 108.329 11.219
201912 -16.897 108.420 -20.537
202003 0.429 108.902 0.519
202006 7.515 108.767 9.105
202009 11.607 109.815 13.928
202012 -14.748 109.897 -17.684
202103 10.784 111.754 12.716
202106 -2.694 114.631 -3.097
202109 -30.266 115.734 -34.461
202112 -38.229 117.630 -42.827
202203 20.083 121.301 21.817
202206 26.681 125.017 28.124
202209 -28.918 125.227 -30.430
202212 -32.895 125.222 -34.617
202303 7.723 127.348 7.992
202306 26.017 128.729 26.633
202309 -12.461 129.860 -12.645
202312 -45.102 129.419 -45.923
202403 5.970 131.776 5.970

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


Nishat Mills  (KAR:NML) 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.


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.


Nishat Mills Cyclically Adjusted FCF per Share Related Terms

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


Nishat Mills (KAR:NML) Business Description

Traded in Other Exchanges
N/A
Address
7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is a textile manufacturing firm in Pakistan. The firm produces cotton and also owns the weaving facility in Pakistan catering to home textile and apparel fabrics. The company conducts its activities through multiple segments such as Spinning, Weaving, Dyeing, Home Textile and Terry, Garments and Power Generation. Its processing facilities are specially made to handle heavyweight fabrics like twills, drills, canvases/poplins, fabrics with minimum tension such as stretch fabrics and all high-density weaves. The business also exports to Europe, the United States of America, Asia, Africa and Australia. The firm caters to domestic and international markets.