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Nippon Shokubai Co (TSE:4114) Cyclically Adjusted Price-to-FCF : 16.36 (As of May. 23, 2024)


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What is Nippon Shokubai Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Nippon Shokubai Co's current share price is 円1570.50. Nippon Shokubai Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円95.98. Nippon Shokubai Co's Cyclically Adjusted Price-to-FCF for today is 16.36.

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

TSE:4114' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.47   Med: 22.68   Max: 28.8
Current: 16.48

During the past years, Nippon Shokubai Co's highest Cyclically Adjusted Price-to-FCF was 28.80. The lowest was 14.47. And the median was 22.68.

TSE:4114's Cyclically Adjusted Price-to-FCF is ranked better than
65.64% of 550 companies
in the Chemicals industry
Industry Median: 25.32 vs TSE:4114: 16.48

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.

Nippon Shokubai Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円45.551. 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 円95.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Shokubai Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nippon Shokubai Co'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.

Nippon Shokubai Co Cyclically Adjusted Price-to-FCF Chart

Nippon Shokubai Co 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 18.79 27.73 26.19 20.07 15.29

Nippon Shokubai Co 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 20.07 18.75 15.02 15.29 15.29

Competitive Comparison of Nippon Shokubai Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Nippon Shokubai 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.


Nippon Shokubai Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Nippon Shokubai Co 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.

Nippon Shokubai Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1570.50/95.98
=16.36

* 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.

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

For example, Nippon Shokubai Co'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)
=45.551/107.2000*107.2000
=45.551

Current CPI (Mar. 2024) = 107.2000.

Nippon Shokubai Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.862 98.000 4.225
201409 6.239 98.500 6.790
201412 46.855 97.900 51.306
201503 29.774 97.900 32.602
201506 99.457 98.400 108.352
201509 31.326 98.500 34.093
201512 55.434 98.100 60.576
201603 56.828 97.900 62.226
201606 33.950 98.100 37.099
201609 7.134 98.000 7.804
201612 -18.900 98.400 -20.590
201703 -16.655 98.100 -18.200
201706 1.166 98.500 1.269
201709 14.713 98.800 15.964
201712 13.929 99.400 15.022
201803 40.490 99.200 43.755
201806 8.664 99.200 9.363
201809 -27.415 99.900 -29.418
201812 37.482 99.700 40.302
201903 1.599 99.700 1.719
201906 50.907 99.800 54.682
201909 -15.585 100.100 -16.690
201912 38.538 100.500 41.107
202003 -52.104 100.300 -55.688
202006 19.793 99.900 21.239
202009 19.761 99.900 21.205
202012 6.708 99.300 7.242
202103 -21.868 99.900 -23.466
202106 13.154 99.500 14.172
202109 6.953 100.100 7.446
202112 48.547 100.100 51.990
202203 11.611 101.100 12.312
202206 37.399 101.800 39.383
202209 -24.281 103.100 -25.247
202212 79.703 104.100 82.076
202303 22.817 104.400 23.429
202306 48.838 105.200 49.766
202309 99.617 106.200 100.555
202312 44.356 106.800 44.522
202403 45.551 107.200 45.551

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.


Nippon Shokubai Co  (TSE:4114) 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.


Nippon Shokubai Co Cyclically Adjusted Price-to-FCF Related Terms

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Nippon Shokubai Co (TSE:4114) Business Description

Traded in Other Exchanges
Address
4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN
Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (TSE:4114) Headlines

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