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Nissan Motor Co (TSE:7201) Cyclically Adjusted FCF per Share : 円-6.42 (As of Mar. 2024)


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What is Nissan Motor Co 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.

Nissan Motor Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円31.310. 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 円-6.42 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.50% 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 Nissan Motor Co was 43.60% per year. The lowest was -64.40% per year. And the median was -16.90% per year.

As of today (2024-05-28), Nissan Motor Co's current stock price is 円559.20. Nissan Motor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円-6.42. Nissan Motor Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nissan Motor Co was 2240.52. The lowest was 27.38. And the median was 115.27.


Nissan Motor Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nissan Motor Co'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.

Nissan Motor Co Cyclically Adjusted FCF per Share Chart

Nissan Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.92 -22.60 -23.66 -6.07 -6.42

Nissan Motor Co 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 -6.07 -5.84 -7.54 -1.28 -6.42

Competitive Comparison of Nissan Motor Co's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Nissan Motor Co'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.


Nissan Motor Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nissan Motor Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nissan Motor Co 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, Nissan Motor Co'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)
=31.31/107.2000*107.2000
=31.310

Current CPI (Mar. 2024) = 107.2000.

Nissan Motor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -65.176 98.000 -71.295
201409 2.819 98.500 3.068
201412 -52.828 97.900 -57.846
201503 25.031 97.900 27.409
201506 -45.084 98.400 -49.116
201509 -38.974 98.500 -42.416
201512 -62.992 98.100 -68.835
201603 37.638 97.900 41.213
201606 1.529 98.100 1.671
201609 -24.249 98.000 -26.525
201612 -32.834 98.400 -35.770
201703 66.816 98.100 73.014
201706 -60.492 98.500 -65.835
201709 -42.019 98.800 -45.591
201712 -114.661 99.400 -123.659
201803 125.333 99.200 135.441
201806 3.536 99.200 3.821
201809 -32.976 99.900 -35.386
201812 -34.264 99.700 -36.842
201903 102.576 99.700 110.292
201906 -9.231 99.800 -9.915
201909 4.630 100.100 4.958
201912 -9.971 100.500 -10.636
202003 32.715 100.300 34.966
202006 -32.299 99.900 -34.659
202009 125.447 99.900 134.614
202012 3.224 99.300 3.480
202103 32.133 99.900 34.481
202106 -11.815 99.500 -12.729
202109 -24.233 100.100 -25.952
202112 29.733 100.100 31.842
202203 16.136 101.100 17.110
202206 3.041 101.800 3.202
202209 50.664 103.100 52.679
202212 6.500 104.100 6.694
202303 44.078 104.400 45.260
202306 -43.346 105.200 -44.170
202309 -44.853 106.200 -45.275
202312 -18.174 106.800 -18.242
202403 31.310 107.200 31.310

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


Nissan Motor Co  (TSE:7201) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nissan Motor Co was 2240.52. The lowest was 27.38. And the median was 115.27.


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.


Nissan Motor Co Cyclically Adjusted FCF per Share Related Terms

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


Nissan Motor Co (TSE:7201) Business Description

Traded in Other Exchanges
Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

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