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Nexteer Automotive Group (HKSE:01316) Cyclically Adjusted Price-to-FCF : 8.71 (As of Jun. 08, 2024)


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What is Nexteer Automotive Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Nexteer Automotive Group's current share price is HK$4.44. Nexteer Automotive Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.51. Nexteer Automotive Group's Cyclically Adjusted Price-to-FCF for today is 8.71.

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

HKSE:01316' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.43   Med: 11.87   Max: 29.83
Current: 8.72

During the past 12 years, Nexteer Automotive Group's highest Cyclically Adjusted Price-to-FCF was 29.83. The lowest was 6.43. And the median was 11.87.

HKSE:01316's Cyclically Adjusted Price-to-FCF is ranked better than
82.59% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs HKSE:01316: 8.72

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.

Nexteer Automotive Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.286. 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 HK$0.51 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexteer Automotive Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nexteer Automotive Group'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.

Nexteer Automotive Group Cyclically Adjusted Price-to-FCF Chart

Nexteer Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 27.47 11.85 9.68

Nexteer Automotive Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 27.47 - 11.85 - 9.68

Competitive Comparison of Nexteer Automotive Group's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Nexteer Automotive Group'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.


Nexteer Automotive Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Nexteer Automotive Group 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.

Nexteer Automotive Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.44/0.51
=8.71

* 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.

Nexteer Automotive Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nexteer Automotive Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.286/129.4194*129.4194
=0.286

Current CPI (Dec23) = 129.4194.

Nexteer Automotive Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.078 99.070 -0.102
201512 0.591 99.792 0.766
201612 0.696 101.863 0.884
201712 0.851 104.011 1.059
201812 0.966 105.998 1.179
201912 0.382 108.420 0.456
202012 0.409 109.897 0.482
202112 -0.003 117.630 -0.003
202212 0.084 125.222 0.087
202312 0.286 129.419 0.286

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.


Nexteer Automotive Group  (HKSE:01316) 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.


Nexteer Automotive Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Nexteer Automotive Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexteer Automotive Group (HKSE:01316) Business Description

Traded in Other Exchanges
Address
1272 Doris Road, Auburn Hills, MI, USA, 48326
Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.
Executives
Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Nai Shi Te Qi Che Xi Tong Xiang Gang Kong Gu You Xian Gong Si 2101 Beneficial owner
Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hang Kong Qi Che Xi Tong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Tai Ping Yang Shi Ji Bei Jing Qi Che Ling Bu Jian You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Yi Zhuang Guo Ji Qi Che Tou Zi Guan Li You Xian Gong Si 2101 Beneficial owner

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