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NextDecade (STU:2XD) Cyclically Adjusted FCF per Share : €-1.39 (As of Mar. 2024)


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What is NextDecade 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.

NextDecade's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.770. 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 €-1.39 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 (2024-05-28), NextDecade's current stock price is €6.57. NextDecade's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-1.39. NextDecade's Cyclically Adjusted Price-to-FCF of today is .


NextDecade Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NextDecade'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.

NextDecade Cyclically Adjusted FCF per Share Chart

NextDecade Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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NextDecade 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 - - - - -1.39

Competitive Comparison of NextDecade's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, NextDecade'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.


NextDecade's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NextDecade's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



NextDecade 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, NextDecade'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)
=-2.77/131.7762*131.7762
=-2.770

Current CPI (Mar. 2024) = 131.7762.

NextDecade Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.000 100.373 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 -0.016 99.621 -0.021
201506 -0.046 100.684 -0.060
201509 -0.020 100.392 -0.026
201512 -0.011 99.792 -0.015
201603 -0.034 100.470 -0.045
201606 -0.026 101.688 -0.034
201609 -0.016 101.861 -0.021
201612 -0.023 101.863 -0.030
201703 -0.065 102.862 -0.083
201706 -0.036 103.349 -0.046
201709 -0.065 104.136 -0.082
201712 -0.071 104.011 -0.090
201803 -0.084 105.290 -0.105
201806 -0.047 106.317 -0.058
201809 -0.059 106.507 -0.073
201812 -0.147 105.998 -0.183
201903 -0.115 107.251 -0.141
201906 -0.210 108.070 -0.256
201909 -0.107 108.329 -0.130
201912 -0.071 108.420 -0.086
202003 -0.216 108.902 -0.261
202006 -0.143 108.767 -0.173
202009 -0.043 109.815 -0.052
202012 -0.040 109.897 -0.048
202103 -0.044 111.754 -0.052
202106 -0.049 114.631 -0.056
202109 -0.053 115.734 -0.060
202112 -0.069 117.630 -0.077
202203 -0.086 121.301 -0.093
202206 -0.064 125.017 -0.067
202209 -0.106 125.227 -0.112
202212 -0.265 125.222 -0.279
202303 -0.284 127.348 -0.294
202306 -0.302 128.729 -0.309
202309 -3.953 129.860 -4.011
202312 -2.717 129.419 -2.766
202403 -2.770 131.776 -2.770

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


NextDecade  (STU:2XD) 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.


NextDecade Cyclically Adjusted FCF per Share Related Terms

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


NextDecade (STU:2XD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NextDecade Corp (STU:2XD) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
1000 Louisiana Street, Suite 3900, Houston, TX, USA, 77002
NextDecade Corp is a development and management company. It focuses on land-based and floating LNG projects, creating opportunities in the integrated natural gas industry. NextDecade provides a number of services depending on the individual needs of the customer. These include the supply and trade of LNG volumes, the creation of new natural gas infrastructure including pipeline and natural gas liquefaction facilities, treatment and processing of natural gas into LNG, as well as technical engineering and design services related to the development and execution of natural gas infrastructure, transporting, shipping and storage of LNG. All the operation generally function through the region of Texas, U.S.

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