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Shinko Electric Industries Co (TSE:6967) Cyclically Adjusted Price-to-FCF : 168.63 (As of May. 28, 2024)


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What is Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Shinko Electric Industries Co's current share price is 円5595.00. Shinko Electric Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円33.18. Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF for today is 168.63.

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

TSE:6967' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.55   Med: 99.93   Max: 2516.36
Current: 168.42

During the past years, Shinko Electric Industries Co's highest Cyclically Adjusted Price-to-FCF was 2516.36. The lowest was 33.55. And the median was 99.93.

TSE:6967's Cyclically Adjusted Price-to-FCF is ranked worse than
89.91% of 337 companies
in the Semiconductors industry
Industry Median: 39.98 vs TSE:6967: 168.42

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.

Shinko Electric Industries Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円62.176. 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33.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shinko Electric Industries 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.

Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Chart

Shinko Electric Industries 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 - - 329.76 70.78 169.39

Shinko Electric Industries 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 70.78 101.14 136.09 208.46 169.39

Competitive Comparison of Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Shinko Electric Industries 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.


Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF falls into.



Shinko Electric Industries 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.

Shinko Electric Industries Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5595.00/33.18
=168.63

* 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.

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

For example, Shinko Electric Industries 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)
=62.176/107.2000*107.2000
=62.176

Current CPI (Mar. 2024) = 107.2000.

Shinko Electric Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -29.499 98.000 -32.268
201409 -4.886 98.500 -5.318
201412 -32.482 97.900 -35.568
201503 2.406 97.900 2.635
201506 13.961 98.400 15.210
201509 32.452 98.500 35.318
201512 17.596 98.100 19.228
201603 0.452 97.900 0.495
201606 -10.948 98.100 -11.964
201609 29.351 98.000 32.106
201612 -28.699 98.400 -31.266
201703 32.497 98.100 35.512
201706 0.326 98.500 0.355
201709 2.317 98.800 2.514
201712 13.088 99.400 14.115
201803 5.552 99.200 6.000
201806 8.616 99.200 9.311
201809 20.305 99.900 21.789
201812 -6.411 99.700 -6.893
201903 6.085 99.700 6.543
201906 -22.940 99.800 -24.641
201909 -43.911 100.100 -47.026
201912 -79.547 100.500 -84.850
202003 -20.238 100.300 -21.630
202006 -9.038 99.900 -9.698
202009 62.351 99.900 66.907
202012 -43.475 99.300 -46.934
202103 5.108 99.900 5.481
202106 -33.415 99.500 -36.001
202109 86.409 100.100 92.538
202112 38.722 100.100 41.469
202203 98.527 101.100 104.472
202206 -11.874 101.800 -12.504
202209 215.051 103.100 223.603
202212 37.963 104.100 39.094
202303 160.554 104.400 164.860
202306 1.155 105.200 1.177
202309 -106.554 106.200 -107.557
202312 -156.358 106.800 -156.944
202403 62.176 107.200 62.176

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.


Shinko Electric Industries Co  (TSE:6967) 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.


Shinko Electric Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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Shinko Electric Industries Co (TSE:6967) Business Description

Traded in Other Exchanges
Address
80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287
Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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