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Nordstrom (BSP:J1WN34) Cyclically Adjusted Price-to-FCF : 8.27 (As of Jun. 04, 2024)


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What is Nordstrom Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Nordstrom's current share price is R$121.23. Nordstrom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was R$14.66. Nordstrom's Cyclically Adjusted Price-to-FCF for today is 8.27.

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

BSP:J1WN34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.36   Med: 12.36   Max: 33.19
Current: 7.96

During the past years, Nordstrom's highest Cyclically Adjusted Price-to-FCF was 33.19. The lowest was 3.36. And the median was 12.36.

BSP:J1WN34's Cyclically Adjusted Price-to-FCF is ranked better than
70.48% of 437 companies
in the Retail - Cyclical industry
Industry Median: 12.77 vs BSP:J1WN34: 7.96

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 adjusted free cash flow per share data for the three months ended in Apr. 2024 was R$1.509. 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 R$14.66 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordstrom Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Cyclically Adjusted Price-to-FCF Chart

Nordstrom Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.50 11.66 7.55 6.34 6.36

Nordstrom Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 5.05 7.19 4.75 6.36 6.57

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

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.23/14.66
=8.27

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.509/131.7762*131.7762
=1.509

Current CPI (Apr. 2024) = 131.7762.

Nordstrom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.577 100.520 -0.756
201410 -1.170 100.176 -1.539
201501 6.227 98.604 8.322
201504 -0.796 99.824 -1.051
201507 -0.918 100.691 -1.201
201510 20.136 100.346 26.443
201601 11.216 99.957 14.786
201604 -0.588 100.947 -0.768
201607 8.964 101.524 11.635
201610 -3.601 101.988 -4.653
201701 10.155 102.456 13.061
201704 -1.188 103.167 -1.517
201707 5.639 103.278 7.195
201710 -3.253 104.070 -4.119
201801 11.540 104.578 14.541
201804 -3.145 105.708 -3.921
201807 10.818 106.324 13.408
201810 -2.443 106.695 -3.017
201901 9.596 106.200 11.907
201904 -6.986 107.818 -8.538
201907 11.947 108.250 14.543
201910 -10.062 108.577 -12.212
202001 12.530 108.841 15.170
202004 -30.903 108.173 -37.646
202007 3.019 109.318 3.639
202010 2.560 109.861 3.071
202101 0.476 110.364 0.568
202104 -17.215 112.673 -20.134
202107 25.932 115.183 29.668
202110 -14.050 116.696 -15.866
202201 9.031 118.619 10.033
202204 2.656 121.978 2.869
202207 2.208 125.002 2.328
202210 -8.002 125.734 -8.387
202301 17.940 126.223 18.729
202304 -2.811 127.992 -2.894
202307 9.707 128.974 9.918
202310 -15.699 129.810 -15.937
202401 9.307 130.124 9.425
202404 1.509 131.776 1.509

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.


Nordstrom  (BSP:J1WN34) 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.


Nordstrom Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Nordstrom's Cyclically Adjusted Price-to-FCF 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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