GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nippon Telegraph & Telephone Corp (TSE:9432) » Definitions » Cyclically Adjusted Price-to-FCF

Nippon Telegraph & Telephone (TSE:9432) Cyclically Adjusted Price-to-FCF : 17.46 (As of May. 03, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Nippon Telegraph & Telephone Cyclically Adjusted Price-to-FCF?

As of today (2024-05-03), Nippon Telegraph & Telephone's current share price is 円170.40. Nippon Telegraph & Telephone's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円9.76. Nippon Telegraph & Telephone's Cyclically Adjusted Price-to-FCF for today is 17.46.

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

TSE:9432' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.01   Med: 14.23   Max: 19.21
Current: 17.47

During the past years, Nippon Telegraph & Telephone's highest Cyclically Adjusted Price-to-FCF was 19.21. The lowest was 9.01. And the median was 14.23.

TSE:9432's Cyclically Adjusted Price-to-FCF is ranked worse than
63.68% of 190 companies
in the Telecommunication Services industry
Industry Median: 13.295 vs TSE:9432: 17.47

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 Telegraph & Telephone's adjusted free cash flow per share data for the three months ended in Dec. 2023 was 円1.225. 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9.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Telegraph & Telephone Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nippon Telegraph & Telephone'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 Telegraph & Telephone Cyclically Adjusted Price-to-FCF Chart

Nippon Telegraph & Telephone Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 13.12 13.55 15.18 16.35

Nippon Telegraph & Telephone Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.25 16.35 17.82 19.10 17.66

Competitive Comparison of Nippon Telegraph & Telephone's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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 Telegraph & Telephone's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nippon Telegraph & Telephone's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nippon Telegraph & Telephone's Cyclically Adjusted Price-to-FCF falls into.



Nippon Telegraph & Telephone 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 Telegraph & Telephone's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=170.40/9.76
=17.46

* 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 Telegraph & Telephone's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nippon Telegraph & Telephone's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.225/106.8000*106.8000
=1.225

Current CPI (Dec. 2023) = 106.8000.

Nippon Telegraph & Telephone Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 5.968 95.700 6.660
201406 -0.490 98.000 -0.534
201409 2.314 98.500 2.509
201412 -1.577 97.900 -1.720
201503 5.250 97.900 5.727
201506 0.070 98.400 0.076
201509 4.224 98.500 4.580
201512 0.139 98.100 0.151
201603 5.781 97.900 6.307
201606 0.342 98.100 0.372
201609 5.097 98.000 5.555
201612 -0.903 98.400 -0.980
201703 7.430 98.100 8.089
201706 -0.487 98.500 -0.528
201709 1.777 98.800 1.921
201712 2.390 99.400 2.568
201803 4.304 99.200 4.634
201806 -0.361 99.200 -0.389
201809 4.148 99.900 4.434
201812 0.200 99.700 0.214
201903 3.603 99.700 3.860
201906 -0.965 99.800 -1.033
201909 7.494 100.100 7.996
201912 -5.589 100.500 -5.939
202003 8.672 100.300 9.234
202006 -0.735 99.900 -0.786
202009 4.793 99.900 5.124
202012 -0.078 99.300 -0.084
202103 9.318 99.900 9.962
202106 0.571 99.500 0.613
202109 6.010 100.100 6.412
202112 -0.149 100.100 -0.159
202203 7.572 101.100 7.999
202206 -1.281 101.800 -1.344
202209 0.407 103.100 0.422
202212 -1.176 104.100 -1.207
202303 6.865 104.400 7.023
202306 -2.304 105.200 -2.339
202309 0.939 106.200 0.944
202312 1.225 106.800 1.225

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 Telegraph & Telephone  (TSE:9432) 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 Telegraph & Telephone Cyclically Adjusted Price-to-FCF Related Terms

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


Nippon Telegraph & Telephone (TSE:9432) Business Description

Traded in Other Exchanges
Address
5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116
NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 87.5 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 12.1 million traditional fixed-line and 23.5 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone (TSE:9432) Headlines

No Headlines