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Sojitz (TSE:2768) Cyclically Adjusted FCF per Share : 円211.58 (As of Mar. 2024)


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What is Sojitz 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.

Sojitz's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円79.403. 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211.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sojitz's average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 Sojitz was 18.80% per year. The lowest was -4.20% per year. And the median was 0.10% per year.

As of today (2024-05-24), Sojitz's current stock price is 円4164.00. Sojitz's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円211.58. Sojitz's Cyclically Adjusted Price-to-FCF of today is 19.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sojitz was 28.75. The lowest was 8.29. And the median was 14.95.


Sojitz Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sojitz'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.

Sojitz Cyclically Adjusted FCF per Share Chart

Sojitz Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.11 126.04 123.90 178.65 211.58

Sojitz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 178.65 160.25 201.18 209.79 211.58

Competitive Comparison of Sojitz's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Sojitz'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.


Sojitz's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sojitz's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sojitz 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, Sojitz's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=79.403/107.2000*107.2000
=79.403

Current CPI (Mar. 2024) = 107.2000.

Sojitz Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -86.013 98.000 -94.088
201409 38.436 98.500 41.831
201412 177.319 97.900 194.163
201503 -112.616 97.900 -123.314
201506 -15.955 98.400 -17.382
201509 212.015 98.500 230.741
201512 83.396 98.100 91.132
201603 -19.928 97.900 -21.821
201606 125.670 98.100 137.327
201609 -17.818 98.000 -19.491
201612 -65.967 98.400 -71.866
201703 -174.548 98.100 -190.740
201706 -146.273 98.500 -159.193
201709 19.753 98.800 21.432
201712 -217.426 99.400 -234.488
201803 611.390 99.200 660.696
201806 -433.536 99.200 -468.499
201809 560.581 99.900 601.544
201812 -156.023 99.700 -167.760
201903 263.529 99.700 283.353
201906 2.305 99.800 2.476
201909 188.124 100.100 201.467
201912 -62.762 100.500 -66.946
202003 -93.511 100.300 -99.944
202006 30.230 99.900 32.439
202009 316.009 99.900 339.101
202012 -116.096 99.300 -125.332
202103 -3.749 99.900 -4.023
202106 -102.725 99.500 -110.675
202109 179.649 100.100 192.391
202112 28.385 100.100 30.398
202203 60.844 101.100 64.515
202206 127.289 101.800 134.041
202209 164.190 103.100 170.719
202212 151.217 104.100 155.720
202303 135.113 104.400 138.737
202306 -94.780 105.200 -96.582
202309 412.733 106.200 416.619
202312 -32.198 106.800 -32.319
202403 79.403 107.200 79.403

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


Sojitz  (TSE:2768) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4164.00/211.58
=19.68

* 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 Sojitz was 28.75. The lowest was 8.29. And the median was 14.95.


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.


Sojitz Cyclically Adjusted FCF per Share Related Terms

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


Sojitz (TSE:2768) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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