GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nordstrom Inc (LTS:0K8J) » Definitions » Cyclically Adjusted Price-to-FCF

Nordstrom (LTS:0K8J) Cyclically Adjusted Price-to-FCF : 7.84 (As of Jun. 04, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nordstrom Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Nordstrom's current share price is $23.04. Nordstrom's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was $2.94. Nordstrom's Cyclically Adjusted Price-to-FCF for today is 7.84.

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

LTS:0K8J' 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.

LTS:0K8J'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 LTS:0K8J: 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 $0.294. 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 $2.94 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
=23.04/2.94
=7.84

* 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)
=0.294/131.7762*131.7762
=0.294

Current CPI (Apr. 2024) = 131.7762.

Nordstrom Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.259 100.520 -0.340
201410 -0.478 100.176 -0.629
201501 2.364 98.604 3.159
201504 -0.262 99.824 -0.346
201507 -0.284 100.691 -0.372
201510 5.196 100.346 6.823
201601 2.765 99.957 3.645
201604 -0.165 100.947 -0.215
201607 2.735 101.524 3.550
201610 -1.130 101.988 -1.460
201701 3.183 102.456 4.094
201704 -0.378 103.167 -0.483
201707 1.763 103.278 2.249
201710 -1.019 104.070 -1.290
201801 3.593 104.578 4.527
201804 -0.922 105.708 -1.149
201807 2.830 106.324 3.507
201810 -0.650 106.695 -0.803
201901 2.569 106.200 3.188
201904 -1.793 107.818 -2.191
201907 3.162 108.250 3.849
201910 -2.465 108.577 -2.992
202001 3.019 108.841 3.655
202004 -5.812 108.173 -7.080
202007 0.573 109.318 0.691
202010 0.455 109.861 0.546
202101 0.089 110.364 0.106
202104 -3.091 112.673 -3.615
202107 5.025 115.183 5.749
202110 -2.535 116.696 -2.863
202201 1.633 118.619 1.814
202204 0.559 121.978 0.604
202207 0.411 125.002 0.433
202210 -1.524 125.734 -1.597
202301 3.455 126.223 3.607
202304 -0.560 127.992 -0.577
202307 2.022 128.974 2.066
202310 -3.105 129.810 -3.152
202401 1.892 130.124 1.916
202404 0.294 131.776 0.294

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  (LTS:0K8J) 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 (LTS:0K8J) 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 (LTS:0K8J) Headlines

No Headlines