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Brother Industries (Brother Industries) Cyclically Adjusted FCF per Share : $2.60 (As of Dec. 2023)


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What is Brother Industries Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Brother Industries's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.782. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Brother Industries's average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Brother Industries was 11.80% per year. The lowest was -1.50% per year. And the median was 8.90% per year.

As of today (2024-04-29), Brother Industries's current stock price is $36.00. Brother Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.60. Brother Industries's Cyclically Adjusted Price-to-FCF of today is 13.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brother Industries was 21.48. The lowest was 8.50. And the median was 12.56.


Brother Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Brother Industries's Cyclically Adjusted FCF per Share 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.

Brother Industries Cyclically Adjusted FCF per Share Chart

Brother Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.38 3.94 3.35 2.47

Brother Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 2.46 2.47 2.52 2.36 2.60

Competitive Comparison of Brother Industries's Cyclically Adjusted FCF per Share

For the Business Equipment & Supplies subindustry, Brother Industries'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.


Brother Industries's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Brother Industries's Cyclically Adjusted Price-to-FCF falls into.



Brother Industries Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Brother Industries's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.782/106.8000*106.8000
=1.782

Current CPI (Dec. 2023) = 106.8000.

Brother Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 -0.280 98.400 -0.304
201509 -0.012 98.500 -0.013
201512 0.143 98.100 0.156
201603 0.874 97.900 0.953
201606 1.284 98.100 1.398
201609 0.810 98.000 0.883
201612 0.766 98.400 0.831
201703 2.062 98.100 2.245
201706 0.302 98.500 0.327
201709 1.236 98.800 1.336
201712 0.380 99.400 0.408
201803 1.605 99.200 1.728
201806 0.681 99.200 0.733
201809 0.337 99.900 0.360
201812 0.814 99.700 0.872
201903 1.467 99.700 1.571
201906 0.402 99.800 0.430
201909 0.862 100.100 0.920
201912 1.141 100.500 1.213
202003 1.975 100.300 2.103
202006 0.798 99.900 0.853
202009 1.641 99.900 1.754
202012 2.010 99.300 2.162
202103 1.467 99.900 1.568
202106 0.914 99.500 0.981
202109 0.254 100.100 0.271
202112 0.768 100.100 0.819
202203 0.535 101.100 0.565
202206 -0.998 101.800 -1.047
202209 -0.676 103.100 -0.700
202212 -0.753 104.100 -0.773
202303 0.854 104.400 0.874
202306 0.708 105.200 0.719
202309 1.268 106.200 1.275
202312 1.782 106.800 1.782

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Brother Industries  (OTCPK:BRTHY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Brother Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=36.00/2.6
=13.85

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brother Industries was 21.48. The lowest was 8.50. And the median was 12.56.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Brother Industries Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Brother Industries's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Brother Industries (Brother Industries) Business Description

Traded in Other Exchanges
Address
15-1, Naeshiro-cho, Mizuho-ku, Nagoya, JPN, 467-8561
Brother Industries Ltd is engaged in the manufacture and sale of office equipment and supplies. The company offers products such as printing equipment, home sewing machines, industrial sewing machines, machine tools, and online karaoke/content-delivery systems. The group consists of five segments, Printing and Solutions; Personal and Home; Machinery and Solution; Network and Contents; and Industrial Part.

Brother Industries (Brother Industries) Headlines

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