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Komatsu (TSE:6301) Cyclically Adjusted Price-to-FCF : 37.65 (As of May. 05, 2024)


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What is Komatsu Cyclically Adjusted Price-to-FCF?

As of today (2024-05-05), Komatsu's current share price is 円4577.00. Komatsu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円121.56. Komatsu's Cyclically Adjusted Price-to-FCF for today is 37.65.

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

TSE:6301' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.74   Med: 32.02   Max: 64.68
Current: 37.65

During the past years, Komatsu's highest Cyclically Adjusted Price-to-FCF was 64.68. The lowest was 19.74. And the median was 32.02.

TSE:6301's Cyclically Adjusted Price-to-FCF is ranked worse than
62.63% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.59 vs TSE:6301: 37.65

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.

Komatsu's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円111.074. 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121.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted Price-to-FCF Chart

Komatsu 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 21.87 36.41 26.28 29.88 36.49

Komatsu 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 29.88 34.32 35.82 31.03 36.49

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

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4577.00/121.56
=37.65

* 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.

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

For example, Komatsu'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)
=111.074/107.2000*107.2000
=111.074

Current CPI (Mar. 2024) = 107.2000.

Komatsu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 36.202 98.000 39.601
201409 63.136 98.500 68.712
201412 -10.106 97.900 -11.066
201503 61.820 97.900 67.693
201506 16.232 98.400 17.684
201509 60.612 98.500 65.966
201512 15.391 98.100 16.819
201603 70.039 97.900 76.692
201606 12.771 98.100 13.956
201609 17.368 98.000 18.998
201612 10.744 98.400 11.705
201703 70.873 98.100 77.447
201706 -1.688 98.500 -1.837
201709 3.060 98.800 3.320
201712 -45.173 99.400 -48.718
201803 36.885 99.200 39.860
201806 -44.594 99.200 -48.190
201809 30.343 99.900 32.560
201812 -32.884 99.700 -35.358
201903 58.250 99.700 62.632
201906 14.728 99.800 15.820
201909 31.771 100.100 34.024
201912 -27.021 100.500 -28.822
202003 97.361 100.300 104.059
202006 18.804 99.900 20.178
202009 52.389 99.900 56.217
202012 36.913 99.300 39.850
202103 74.574 99.900 80.023
202106 28.168 99.500 30.348
202109 51.390 100.100 55.035
202112 -14.935 100.100 -15.994
202203 81.506 101.100 86.424
202206 -40.966 101.800 -43.139
202209 -23.285 103.100 -24.211
202212 9.391 104.100 9.671
202303 79.141 104.400 81.264
202306 47.493 105.200 48.396
202309 56.813 106.200 57.348
202312 29.468 106.800 29.578
202403 111.074 107.200 111.074

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.


Komatsu  (TSE:6301) 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.


Komatsu Cyclically Adjusted Price-to-FCF Related Terms

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


Komatsu (TSE:6301) Business Description

Traded in Other Exchanges
Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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