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Hakuhodo DY Holdings (Hakuhodo DY Holdings) Cyclically Adjusted FCF per Share : $0.77 (As of Dec. 2023)


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What is Hakuhodo DY Holdings 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.

Hakuhodo DY Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.025. 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 $0.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hakuhodo DY Holdings's average Cyclically Adjusted FCF Growth Rate was -23.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.30% 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 Hakuhodo DY Holdings was 2.70% per year. The lowest was -1.60% per year. And the median was 1.70% per year.

As of today (2024-05-01), Hakuhodo DY Holdings's current stock price is $17.90. Hakuhodo DY Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.77. Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF of today is 23.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hakuhodo DY Holdings was 38.68. The lowest was 13.56. And the median was 26.28.


Hakuhodo DY Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hakuhodo DY Holdings'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.

Hakuhodo DY Holdings Cyclically Adjusted FCF per Share Chart

Hakuhodo DY Holdings 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 1.16 1.74 1.18 1.02 0.99

Hakuhodo DY Holdings 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 1.05 0.99 1.01 0.93 0.77

Competitive Comparison of Hakuhodo DY Holdings's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, Hakuhodo DY Holdings'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.


Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF falls into.



Hakuhodo DY Holdings 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, Hakuhodo DY Holdings'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)
=0.025/106.8000*106.8000
=0.025

Current CPI (Dec. 2023) = 106.8000.

Hakuhodo DY Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.196 95.700 1.335
201406 -0.473 98.000 -0.515
201409 0.276 98.500 0.299
201412 0.173 97.900 0.189
201503 1.262 97.900 1.377
201506 -0.819 98.400 -0.889
201509 0.158 98.500 0.171
201512 0.155 98.100 0.169
201603 1.586 97.900 1.730
201606 -0.560 98.100 -0.610
201609 -0.179 98.000 -0.195
201612 -0.099 98.400 -0.107
201703 1.289 98.100 1.403
201706 -0.278 98.500 -0.301
201709 -0.371 98.800 -0.401
201712 0.503 99.400 0.540
201803 1.453 99.200 1.564
201806 0.003 99.200 0.003
201809 -0.358 99.900 -0.383
201812 0.869 99.700 0.931
201903 1.572 99.700 1.684
201906 -0.805 99.800 -0.861
201909 -0.415 100.100 -0.443
201912 0.576 100.500 0.612
202003 1.376 100.300 1.465
202006 -0.564 99.900 -0.603
202009 -0.734 99.900 -0.785
202012 1.228 99.300 1.321
202103 1.351 99.900 1.444
202106 0.186 99.500 0.200
202109 1.151 100.100 1.228
202112 -1.051 100.100 -1.121
202203 0.236 101.100 0.249
202206 0.944 101.800 0.990
202209 0.627 103.100 0.650
202212 -0.013 104.100 -0.013
202303 -0.806 104.400 -0.825
202306 0.217 105.200 0.220
202309 -1.392 106.200 -1.400
202312 0.025 106.800 0.025

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


Hakuhodo DY Holdings  (OTCPK:HKUOY) 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.

Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.90/0.77
=23.25

* 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 Hakuhodo DY Holdings was 38.68. The lowest was 13.56. And the median was 26.28.


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.


Hakuhodo DY Holdings Cyclically Adjusted FCF per Share Related Terms

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Hakuhodo DY Holdings (Hakuhodo DY Holdings) Business Description

Traded in Other Exchanges
Address
5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320
Hakuhodo DY Holdings Inc is a Japanese holding company that owns advertising companies, integrated media companies, and creative solutions companies. The company earns most of its revenue from its two largest segments, mass media services and marketing promotion. The mass media segments focus on television, newspaper, and magazine advertising. The company's marketing promotion segment focuses on Internet, creative, and promotional services. While the vast majority of the historical company's revenue was derived from Japan, Hakuhodo is expanding internationally through its over 250 subsidiaries around the world.

Hakuhodo DY Holdings (Hakuhodo DY Holdings) Headlines

From GuruFocus

David Herro Comments on Hakuhodo DY Holdings

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