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Minebea Mitsumi (STU:MEA) Cyclically Adjusted Price-to-FCF : 62.26 (As of May. 25, 2024)


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What is Minebea Mitsumi Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Minebea Mitsumi's current share price is €19.30. Minebea Mitsumi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.31. Minebea Mitsumi's Cyclically Adjusted Price-to-FCF for today is 62.26.

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

STU:MEA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.29   Med: 48.49   Max: 116.43
Current: 66.23

During the past years, Minebea Mitsumi's highest Cyclically Adjusted Price-to-FCF was 116.43. The lowest was 28.29. And the median was 48.49.

STU:MEA's Cyclically Adjusted Price-to-FCF is ranked worse than
74.95% of 930 companies
in the Hardware industry
Industry Median: 30.555 vs STU:MEA: 66.23

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.

Minebea Mitsumi's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.316. 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 €0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Cyclically Adjusted Price-to-FCF Chart

Minebea Mitsumi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.99 45.25 40.23 48.34 58.87

Minebea Mitsumi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.34 49.03 53.54 59.60 58.87

Competitive Comparison of Minebea Mitsumi's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Minebea Mitsumi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.30/0.31
=62.26

* 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.

Minebea Mitsumi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Minebea Mitsumi'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)
=0.316/107.2000*107.2000
=0.316

Current CPI (Mar. 2024) = 107.2000.

Minebea Mitsumi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.021 98.000 0.023
201409 0.044 98.500 0.048
201412 0.083 97.900 0.091
201503 0.272 97.900 0.298
201506 -0.044 98.400 -0.048
201509 -0.165 98.500 -0.180
201512 -0.123 98.100 -0.134
201603 0.379 97.900 0.415
201606 0.259 98.100 0.283
201609 0.031 98.000 0.034
201612 0.401 98.400 0.437
201703 0.400 98.100 0.437
201706 0.375 98.500 0.408
201709 -0.068 98.800 -0.074
201712 0.190 99.400 0.205
201803 0.317 99.200 0.343
201806 -0.004 99.200 -0.004
201809 -0.139 99.900 -0.149
201812 0.606 99.700 0.652
201903 0.419 99.700 0.451
201906 -0.194 99.800 -0.208
201909 -0.054 100.100 -0.058
201912 0.538 100.500 0.574
202003 0.466 100.300 0.498
202006 -0.154 99.900 -0.165
202009 -0.173 99.900 -0.186
202012 0.499 99.300 0.539
202103 0.717 99.900 0.769
202106 -0.001 99.500 -0.001
202109 0.109 100.100 0.117
202112 -0.382 100.100 -0.409
202203 0.424 101.100 0.450
202206 -1.540 101.800 -1.622
202209 -0.298 103.100 -0.310
202212 -0.057 104.100 -0.059
202303 0.312 104.400 0.320
202306 0.185 105.200 0.189
202309 -0.407 106.200 -0.411
202312 0.250 106.800 0.251
202403 0.316 107.200 0.316

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.


Minebea Mitsumi  (STU:MEA) 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.


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Related Terms

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


Minebea Mitsumi (STU:MEA) Business Description

Industry
Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

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