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Zero Co (TSE:9028) Cyclically Adjusted Price-to-FCF : 10.03 (As of May. 26, 2024)


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What is Zero Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Zero Co's current share price is 円1795.00. Zero Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円179.02. Zero Co's Cyclically Adjusted Price-to-FCF for today is 10.03.

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

TSE:9028' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.71   Med: 7.9   Max: 33.11
Current: 10.03

During the past years, Zero Co's highest Cyclically Adjusted Price-to-FCF was 33.11. The lowest was 5.71. And the median was 7.90.

TSE:9028's Cyclically Adjusted Price-to-FCF is ranked better than
78.62% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.68 vs TSE:9028: 10.03

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.

Zero Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円4.611. 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179.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zero Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zero 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.

Zero Co Cyclically Adjusted Price-to-FCF Chart

Zero Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 7.25 7.78 6.71 7.03

Zero 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 8.12 7.03 7.98 7.32 8.78

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

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zero 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1795.00/179.02
=10.03

* 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.

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

For example, Zero 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)
=4.611/107.2000*107.2000
=4.611

Current CPI (Mar. 2024) = 107.2000.

Zero Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 -27.723 98.500 -30.172
201512 77.048 98.100 84.195
201603 49.158 97.900 53.828
201606 164.108 98.100 179.331
201609 -57.570 98.000 -62.975
201612 75.889 98.400 82.676
201703 3.537 98.100 3.865
201706 132.260 98.500 143.942
201709 -8.731 98.800 -9.473
201712 58.477 99.400 63.066
201803 -61.740 99.200 -66.719
201806 63.455 99.200 68.572
201809 -88.571 99.900 -95.043
201812 -18.670 99.700 -20.074
201903 -80.005 99.700 -86.023
201906 103.272 99.800 110.929
201909 35.494 100.100 38.012
201912 94.822 100.500 101.143
202003 -55.234 100.300 -59.034
202006 197.089 99.900 211.491
202009 21.475 99.900 23.044
202012 202.502 99.300 218.612
202103 -33.680 99.900 -36.141
202106 139.300 99.500 150.080
202109 51.793 100.100 55.467
202112 71.539 100.100 76.613
202203 -178.147 101.100 -188.896
202206 130.267 101.800 137.177
202209 -38.366 103.100 -39.892
202212 144.511 104.100 148.814
202303 0.652 104.400 0.669
202306 283.708 105.200 289.102
202309 58.597 106.200 59.149
202312 -43.391 106.800 -43.554
202403 4.611 107.200 4.611

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.


Zero Co  (TSE:9028) 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.


Zero Co Cyclically Adjusted Price-to-FCF Related Terms

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


Zero Co (TSE:9028) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Solid Square West Tower 6th floor, Kanagawa, JPN
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.

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