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Natural Grocers by Vitamin Cottage (FRA:N2V) Cyclically Adjusted Price-to-FCF : 37.45 (As of Jun. 02, 2024)


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What is Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Natural Grocers by Vitamin Cottage's current share price is €19.10. Natural Grocers by Vitamin Cottage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.51. Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF for today is 37.45.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:N2V' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.28   Med: 65.7   Max: 310.2
Current: 39.33

During the past years, Natural Grocers by Vitamin Cottage's highest Cyclically Adjusted Price-to-FCF was 310.20. The lowest was 26.28. And the median was 65.70.

FRA:N2V's Cyclically Adjusted Price-to-FCF is ranked worse than
86.51% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.315 vs FRA:N2V: 39.33

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.

Natural Grocers by Vitamin Cottage's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.380. 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 €0.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 157.40 54.80 42.19 27.69

Natural Grocers by Vitamin Cottage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.23 32.32 27.69 32.04 32.89

Competitive Comparison of Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.


Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF falls into.



Natural Grocers by Vitamin Cottage 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.

Natural Grocers by Vitamin Cottage's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.10/0.51
=37.45

* 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.

Natural Grocers by Vitamin Cottage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Natural Grocers by Vitamin Cottage'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)
=0.38/131.7762*131.7762
=0.380

Current CPI (Mar. 2024) = 131.7762.

Natural Grocers by Vitamin Cottage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.041 100.560 -0.054
201409 -0.045 100.428 -0.059
201412 -0.024 99.070 -0.032
201503 0.371 99.621 0.491
201506 -0.157 100.684 -0.205
201509 -0.006 100.392 -0.008
201512 -0.028 99.792 -0.037
201603 -0.198 100.470 -0.260
201606 -0.511 101.688 -0.662
201609 -0.252 101.861 -0.326
201612 0.044 101.863 0.057
201703 -0.091 102.862 -0.117
201706 0.010 103.349 0.013
201709 0.019 104.136 0.024
201712 0.228 104.011 0.289
201803 0.186 105.290 0.233
201806 0.093 106.317 0.115
201809 0.211 106.507 0.261
201812 -0.158 105.998 -0.196
201903 0.343 107.251 0.421
201906 0.029 108.070 0.035
201909 -0.032 108.329 -0.039
201912 -0.060 108.420 -0.073
202003 1.394 108.902 1.687
202006 0.108 108.767 0.131
202009 0.036 109.815 0.043
202012 0.313 109.897 0.375
202103 -0.035 111.754 -0.041
202106 0.234 114.631 0.269
202109 0.430 115.734 0.490
202112 0.260 117.630 0.291
202203 0.336 121.301 0.365
202206 -0.159 125.017 -0.168
202209 -0.134 125.227 -0.141
202212 0.410 125.222 0.431
202303 0.291 127.348 0.301
202306 -0.211 128.729 -0.216
202309 0.604 129.860 0.613
202312 0.191 129.419 0.194
202403 0.380 131.776 0.380

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.


Natural Grocers by Vitamin Cottage  (FRA:N2V) 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.


Natural Grocers by Vitamin Cottage Cyclically Adjusted Price-to-FCF Related Terms

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Natural Grocers by Vitamin Cottage (FRA:N2V) Business Description

Traded in Other Exchanges
Address
12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.

Natural Grocers by Vitamin Cottage (FRA:N2V) Headlines

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