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Nisshin Oillio Group (TSE:2602) Cyclically Adjusted FCF per Share : 円24.78 (As of Dec. 2023)


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What is Nisshin Oillio Group 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.

Nisshin Oillio Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円-61.457. 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 円24.78 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 Nisshin Oillio Group was 23.60% per year. The lowest was 23.60% per year. And the median was 23.60% per year.

As of today (2024-05-17), Nisshin Oillio Group's current stock price is 円4855.00. Nisshin Oillio Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円24.78. Nisshin Oillio Group's Cyclically Adjusted Price-to-FCF of today is 195.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nisshin Oillio Group was 211.06. The lowest was 27.42. And the median was 57.77.


Nisshin Oillio Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nisshin Oillio Group'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.

Nisshin Oillio Group Cyclically Adjusted FCF per Share Chart

Nisshin Oillio Group 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 78.12 103.72 98.82 -43.56 -55.85

Nisshin Oillio Group 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 -95.12 -55.85 -3.57 46.70 24.78

Competitive Comparison of Nisshin Oillio Group's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Nisshin Oillio Group'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.


Nisshin Oillio Group's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nisshin Oillio Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nisshin Oillio Group's Cyclically Adjusted Price-to-FCF falls into.



Nisshin Oillio Group 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, Nisshin Oillio Group'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)
=-61.457/106.8000*106.8000
=-61.457

Current CPI (Dec. 2023) = 106.8000.

Nisshin Oillio Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 407.787 95.700 455.085
201406 20.703 98.000 22.562
201409 -311.588 98.500 -337.844
201412 185.839 97.900 202.733
201503 291.054 97.900 317.513
201506 -258.742 98.400 -280.830
201509 -76.254 98.500 -82.679
201512 12.067 98.100 13.137
201603 287.830 97.900 313.996
201606 -194.095 98.100 -211.308
201609 58.508 98.000 63.762
201612 223.078 98.400 242.121
201703 105.734 98.100 115.111
201706 -17.197 98.500 -18.646
201709 -83.845 98.800 -90.634
201712 -143.218 99.400 -153.880
201803 142.573 99.200 153.496
201806 2.109 99.200 2.271
201809 -105.926 99.900 -113.242
201812 127.721 99.700 136.816
201903 283.747 99.700 303.954
201906 -145.833 99.800 -156.062
201909 83.839 100.100 89.451
201912 1.801 100.500 1.914
202003 374.899 100.300 399.195
202006 -348.643 99.900 -372.723
202009 77.470 99.900 82.821
202012 -22.006 99.300 -23.668
202103 59.955 99.900 64.096
202106 -512.776 99.500 -550.397
202109 -242.502 100.100 -258.733
202112 -562.855 100.100 -600.529
202203 183.498 101.100 193.844
202206 -440.478 101.800 -462.112
202209 -104.813 103.100 -108.574
202212 -326.216 104.100 -334.677
202303 660.609 104.400 675.795
202306 199.963 105.200 203.004
202309 410.823 106.200 413.144
202312 -61.457 106.800 -61.457

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


Nisshin Oillio Group  (TSE:2602) 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.

Nisshin Oillio Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4855.00/24.78
=195.92

* 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 Nisshin Oillio Group was 211.06. The lowest was 27.42. And the median was 57.77.


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.


Nisshin Oillio Group Cyclically Adjusted FCF per Share Related Terms

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


Nisshin Oillio Group (TSE:2602) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.

Nisshin Oillio Group (TSE:2602) Headlines

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