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Takihyo Co (TSE:9982) Cyclically Adjusted FCF per Share : 円-106.58 (As of Feb. 2024)


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What is Takihyo 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.

Takihyo Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was 円285.683. 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-106.58 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -43.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -13.30% 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 Takihyo Co was -31.30% per year. The lowest was -43.40% per year. And the median was -37.35% per year.

As of today (2024-06-15), Takihyo Co's current stock price is 円1142.00. Takihyo Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was 円-106.58. Takihyo Co's Cyclically Adjusted Price-to-FCF of today is .


Takihyo Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Takihyo 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.

Takihyo Co Cyclically Adjusted FCF per Share Chart

Takihyo Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.33 -36.15 -86.37 -145.68 -106.58

Takihyo Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -145.68 -120.93 -124.96 -100.81 -106.58

Competitive Comparison of Takihyo Co's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Takihyo 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.


Takihyo Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Takihyo Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=285.683/106.9000*106.9000
=285.683

Current CPI (Feb. 2024) = 106.9000.

Takihyo Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -203.125 98.100 -221.346
201408 428.191 98.300 465.652
201411 -439.577 97.900 -479.988
201502 276.243 97.600 302.565
201505 -378.533 98.700 -409.982
201508 343.432 98.400 373.098
201511 -355.424 98.100 -387.307
201602 388.765 97.800 424.938
201605 -361.804 98.200 -393.858
201608 500.903 97.900 546.951
201611 -279.254 98.600 -302.761
201702 263.432 98.100 287.063
201705 -579.304 98.600 -628.069
201708 354.788 98.500 385.044
201711 -416.878 99.100 -449.690
201802 335.270 99.500 360.205
201805 -351.291 99.300 -378.177
201808 307.816 99.800 329.715
201811 -487.188 100.000 -520.804
201902 229.013 99.700 245.552
201905 -270.282 100.000 -288.931
201908 287.566 100.000 307.408
201911 -242.070 100.500 -257.485
202002 264.179 100.300 281.563
202005 -257.238 100.100 -274.713
202008 196.165 100.100 209.491
202011 -113.651 99.500 -122.103
202102 62.406 99.800 66.846
202105 -204.683 99.400 -220.127
202108 99.686 99.700 106.885
202111 -325.740 100.100 -347.868
202202 -161.280 100.700 -171.210
202205 15.902 101.800 16.699
202208 86.068 102.700 89.588
202211 -819.170 103.900 -842.823
202302 531.943 104.000 546.776
202305 -79.283 105.100 -80.641
202308 315.306 105.900 318.283
202311 -237.941 106.900 -237.941
202402 285.683 106.900 285.683

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


Takihyo Co  (TSE:9982) 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.


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.


Takihyo Co Cyclically Adjusted FCF per Share Related Terms

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


Takihyo Co (TSE:9982) Business Description

Traded in Other Exchanges
N/A
Address
6-1 Ushijima-cho, 22, 23, 24 Floor Nagoya Lucent Tower, Nishi-ku, Aichi, Nagoya, JPN, 451-8688
Takihyo Co Ltd is engaged in apparel, textile, retail, lifestyle-related and real estate businesses. It has three reportable segments namely Apparel and Textiles, Rental Business, and Others. The company generates maximum revenue from the Apparel and Textiles segment. Its Apparel and Textiles segment is engaged in planning, manufacturing and selling of ladies apparel, baby and kids apparel, homewear, and textiles. The Rental Business segment is engaged in leasing and management of the real estate, and leasing of office automation equipment and others.

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