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Mitsubishi Estate Co (Mitsubishi Estate Co) Cyclically Adjusted FCF per Share : $-0.23 (As of Dec. 2023)


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What is Mitsubishi Estate Co 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.

Mitsubishi Estate Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.705. 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 $-0.23 for the trailing ten years ended in Dec. 2023.

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 Mitsubishi Estate Co was 59.50% per year. The lowest was -50.40% per year. And the median was 4.55% per year.

As of today (2024-04-30), Mitsubishi Estate Co's current stock price is $18.37. Mitsubishi Estate Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.23. Mitsubishi Estate Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi Estate Co was 4509.46. The lowest was 132.61. And the median was 255.49.


Mitsubishi Estate Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Cyclically Adjusted FCF per Share Chart

Mitsubishi Estate Co 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 0.09 0.03 -0.17 -0.13 -0.09

Mitsubishi Estate Co 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 -0.14 -0.09 -0.09 -0.14 -0.23

Competitive Comparison of Mitsubishi Estate Co's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.


Mitsubishi Estate Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Co's Cyclically Adjusted Price-to-FCF falls into.



Mitsubishi Estate Co 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, Mitsubishi Estate Co'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)
=-0.705/106.8000*106.8000
=-0.705

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Estate Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.980 95.700 1.094
201406 -0.836 98.000 -0.911
201409 0.298 98.500 0.323
201412 0.136 97.900 0.148
201503 0.444 97.900 0.484
201506 -0.401 98.400 -0.435
201509 0.430 98.500 0.466
201512 -0.579 98.100 -0.630
201603 -0.285 97.900 -0.311
201606 -0.890 98.100 -0.969
201609 0.207 98.000 0.226
201612 0.016 98.400 0.017
201703 -0.054 98.100 -0.059
201706 -0.209 98.500 -0.227
201709 -0.220 98.800 -0.238
201712 0.002 99.400 0.002
201803 0.472 99.200 0.508
201806 -0.385 99.200 -0.414
201809 0.345 99.900 0.369
201812 -0.074 99.700 -0.079
201903 0.502 99.700 0.538
201906 0.022 99.800 0.024
201909 -0.592 100.100 -0.632
201912 -0.269 100.500 -0.286
202003 0.926 100.300 0.986
202006 -0.602 99.900 -0.644
202009 0.091 99.900 0.097
202012 -0.427 99.300 -0.459
202103 0.143 99.900 0.153
202106 -0.487 99.500 -0.523
202109 -0.253 100.100 -0.270
202112 0.435 100.100 0.464
202203 -0.038 101.100 -0.040
202206 -0.561 101.800 -0.589
202209 -0.186 103.100 -0.193
202212 -0.171 104.100 -0.175
202303 0.852 104.400 0.872
202306 -0.412 105.200 -0.418
202309 -0.126 106.200 -0.127
202312 -0.705 106.800 -0.705

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


Mitsubishi Estate Co  (OTCPK:MITEY) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi Estate Co was 4509.46. The lowest was 132.61. And the median was 255.49.


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.


Mitsubishi Estate Co Cyclically Adjusted FCF per Share Related Terms

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


Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description

Traded in Other Exchanges
Address
Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

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