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NBI Bearings Europe (XMAD:NBI) Cyclically Adjusted Price-to-FCF : 92.00 (As of Jun. 10, 2024)


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What is NBI Bearings Europe Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), NBI Bearings Europe's current share price is €4.60. NBI Bearings Europe's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.05. NBI Bearings Europe's Cyclically Adjusted Price-to-FCF for today is 92.00.

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

XMAD:NBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.47   Med: 28.71   Max: 98
Current: 89.55

During the past 11 years, NBI Bearings Europe's highest Cyclically Adjusted Price-to-FCF was 98.00. The lowest was 22.47. And the median was 28.71.

XMAD:NBI's Cyclically Adjusted Price-to-FCF is ranked worse than
79.46% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs XMAD:NBI: 89.55

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.

NBI Bearings Europe's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €-0.526. 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 €0.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NBI Bearings Europe Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NBI Bearings Europe'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.

NBI Bearings Europe Cyclically Adjusted Price-to-FCF Chart

NBI Bearings Europe 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 - - - 27.65 96.95

NBI Bearings Europe 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 - - 27.65 - 96.95

Competitive Comparison of NBI Bearings Europe's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, NBI Bearings Europe'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.


NBI Bearings Europe's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NBI Bearings Europe's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where NBI Bearings Europe's Cyclically Adjusted Price-to-FCF falls into.



NBI Bearings Europe 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.

NBI Bearings Europe's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.60/0.05
=92.00

* 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.

NBI Bearings Europe's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, NBI Bearings Europe'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)
=-0.526/121.2997*121.2997
=-0.526

Current CPI (Dec23) = 121.2997.

NBI Bearings Europe Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.186 100.251 1.435
201512 -0.056 100.268 -0.068
201612 -0.206 101.842 -0.245
201712 -0.225 102.975 -0.265
201812 0.292 104.193 0.340
201912 -0.017 105.015 -0.020
202012 0.053 104.456 0.062
202112 0.034 111.298 0.037
202212 -0.229 117.650 -0.236
202312 -0.526 121.300 -0.526

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.


NBI Bearings Europe  (XMAD:NBI) 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.


NBI Bearings Europe Cyclically Adjusted Price-to-FCF Related Terms

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


NBI Bearings Europe (XMAD:NBI) Business Description

Traded in Other Exchanges
N/A
Address
Pol. Industrial Basauri, Nave 6-10, Oquendo, Alava, Vitoria-Gasteiz, ESP, 01409
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.

NBI Bearings Europe (XMAD:NBI) Headlines

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