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Asahi Kasei (Asahi Kasei) Cyclically Adjusted Price-to-FCF : 19.04 (As of May. 01, 2024)


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What is Asahi Kasei Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Asahi Kasei's current share price is $13.90. Asahi Kasei's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.73. Asahi Kasei's Cyclically Adjusted Price-to-FCF for today is 19.04.

The historical rank and industry rank for Asahi Kasei's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AHKSY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.08   Med: 19.32   Max: 27.45
Current: 21.09

During the past years, Asahi Kasei's highest Cyclically Adjusted Price-to-FCF was 27.45. The lowest was 10.08. And the median was 19.32.

AHKSY's Cyclically Adjusted Price-to-FCF is ranked better than
53.94% of 571 companies
in the Chemicals industry
Industry Median: 24.63 vs AHKSY: 21.09

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.

Asahi Kasei's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.034. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Kasei Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asahi Kasei's Cyclically Adjusted Price-to-FCF 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.

Asahi Kasei Cyclically Adjusted Price-to-FCF Chart

Asahi Kasei Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.77 13.51 22.02 19.45 19.05

Asahi Kasei Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 19.11 19.05 20.14 18.98 20.52

Competitive Comparison of Asahi Kasei's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Asahi Kasei'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.


Asahi Kasei's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahi Kasei's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Asahi Kasei Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Asahi Kasei's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.90/0.73
=19.04

* 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.

Asahi Kasei's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Asahi Kasei'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)
=0.034/106.8000*106.8000
=0.034

Current CPI (Dec. 2023) = 106.8000.

Asahi Kasei Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.667 95.700 1.860
201406 -0.481 98.000 -0.524
201409 0.368 98.500 0.399
201412 -0.266 97.900 -0.290
201503 0.866 97.900 0.945
201506 0.144 98.400 0.156
201509 0.635 98.500 0.689
201512 -0.112 98.100 -0.122
201603 0.818 97.900 0.892
201606 0.165 98.100 0.180
201609 0.440 98.000 0.480
201612 0.175 98.400 0.190
201703 0.248 98.100 0.270
201706 0.191 98.500 0.207
201709 0.757 98.800 0.818
201712 0.153 99.400 0.164
201803 0.920 99.200 0.990
201806 0.117 99.200 0.126
201809 0.063 99.900 0.067
201812 -0.086 99.700 -0.092
201903 1.031 99.700 1.104
201906 -0.194 99.800 -0.208
201909 0.282 100.100 0.301
201912 -0.406 100.500 -0.431
202003 -0.077 100.300 -0.082
202006 0.258 99.900 0.276
202009 0.296 99.900 0.316
202012 0.544 99.300 0.585
202103 0.309 99.900 0.330
202106 -0.021 99.500 -0.023
202109 -0.022 100.100 -0.023
202112 0.064 100.100 0.068
202203 0.144 101.100 0.152
202206 -0.850 101.800 -0.892
202209 -0.109 103.100 -0.113
202212 -0.379 104.100 -0.389
202303 0.474 104.400 0.485
202306 -0.243 105.200 -0.247
202309 0.627 106.200 0.631
202312 0.034 106.800 0.034

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


Asahi Kasei  (OTCPK:AHKSY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Asahi Kasei Cyclically Adjusted Price-to-FCF Related Terms

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


Asahi Kasei (Asahi Kasei) Business Description

Industry
Traded in Other Exchanges
Address
1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101
Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (Asahi Kasei) Headlines

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