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Kao (KAOOY) Cyclically Adjusted Price-to-FCF : 23.97 (As of May. 02, 2024)


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What is Kao Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Kao's current share price is $8.15. Kao's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.34. Kao's Cyclically Adjusted Price-to-FCF for today is 23.97.

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

KAOOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.64   Med: 34   Max: 45.55
Current: 26.58

During the past years, Kao's highest Cyclically Adjusted Price-to-FCF was 45.55. The lowest was 20.64. And the median was 34.00.

KAOOY's Cyclically Adjusted Price-to-FCF is ranked worse than
55.49% of 710 companies
in the Consumer Packaged Goods industry
Industry Median: 23.735 vs KAOOY: 26.58

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.

Kao's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.197. 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 $0.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kao Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kao'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.

Kao Cyclically Adjusted Price-to-FCF Chart

Kao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.49 35.82 26.23 22.77 24.14

Kao 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 22.77 23.10 22.84 24.02 24.14

Competitive Comparison of Kao's Cyclically Adjusted Price-to-FCF

For the Household & Personal Products subindustry, Kao'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.


Kao's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Kao 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.15/0.34
=23.97

* 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.

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

For example, Kao'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)
=0.197/106.8000*106.8000
=0.197

Current CPI (Dec. 2023) = 106.8000.

Kao Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.009 95.700 -0.010
201406 0.134 98.000 0.146
201409 0.065 98.500 0.070
201412 0.130 97.900 0.142
201503 -0.050 97.900 -0.055
201506 0.118 98.400 0.128
201509 0.119 98.500 0.129
201512 0.162 98.100 0.176
201603 -0.073 97.900 -0.080
201606 0.129 98.100 0.140
201609 0.096 98.000 0.105
201612 0.233 98.400 0.253
201703 -0.068 98.100 -0.074
201706 0.138 98.500 0.150
201709 0.093 98.800 0.101
201712 0.186 99.400 0.200
201803 -0.082 99.200 -0.088
201806 0.158 99.200 0.170
201809 0.113 99.900 0.121
201812 0.203 99.700 0.217
201903 -0.068 99.700 -0.073
201906 0.198 99.800 0.212
201909 0.240 100.100 0.256
201912 0.210 100.500 0.223
202003 -0.065 100.300 -0.069
202006 0.192 99.900 0.205
202009 0.190 99.900 0.203
202012 0.256 99.300 0.275
202103 -0.073 99.900 -0.078
202106 0.178 99.500 0.191
202109 0.154 100.100 0.164
202112 0.134 100.100 0.143
202203 -0.093 101.100 -0.098
202206 0.039 101.800 0.041
202209 0.083 103.100 0.086
202212 0.127 104.100 0.130
202303 -0.059 104.400 -0.060
202306 0.146 105.200 0.148
202309 0.118 106.200 0.119
202312 0.197 106.800 0.197

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.


Kao  (OTCPK:KAOOY) 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.


Kao Cyclically Adjusted Price-to-FCF Related Terms

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


Kao (KAOOY) Business Description

Traded in Other Exchanges
Address
14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, JPN, 103-8210
Kao is the largest household and personal care product manufacturer in Japan with a footprint across Asia, Europe, and the Americas. Japan remains its largest market, contributing about 60% of sales and an estimated 70% of profits with several leading brands including Attack and Biore. Initially a soap producer established in the 1890s, Kao has expanded into cosmetics, disposable hygiene products, and chemicals, in addition to its home care and toiletry products. Asia, the largest overseas market contributing 20% of group sales, is a key growth driver, led by expansion in China and Indonesia. It has also acquired several Western skin and haircare brands including Jergens, John Frieda, Curel, Molton Brown, and the latest, Oribe.

Kao (KAOOY) Headlines

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