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Panasonic Holdings (WBO:MAT1) Cyclically Adjusted Price-to-FCF : 31.59 (As of May. 28, 2024)


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What is Panasonic Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Panasonic Holdings's current share price is €7.898. Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.25. Panasonic Holdings's Cyclically Adjusted Price-to-FCF for today is 31.59.

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

WBO:MAT1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.04   Med: 101.38   Max: 1323.87
Current: 32.43

During the past years, Panasonic Holdings's highest Cyclically Adjusted Price-to-FCF was 1323.87. The lowest was 21.04. And the median was 101.38.

WBO:MAT1's Cyclically Adjusted Price-to-FCF is ranked worse than
51.98% of 933 companies
in the Hardware industry
Industry Median: 31.01 vs WBO:MAT1: 32.43

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.

Panasonic Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.430. 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 €0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted Price-to-FCF Chart

Panasonic Holdings 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 79.65 84.73 31.42 26.46 35.13

Panasonic Holdings 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 26.46 37.67 35.49 33.16 35.13

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panasonic Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.898/0.25
=31.59

* 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.

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

For example, Panasonic Holdings'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)
=0.43/107.2000*107.2000
=0.430

Current CPI (Mar. 2024) = 107.2000.

Panasonic Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.239 98.000 0.261
201409 -0.036 98.500 -0.039
201412 0.435 97.900 0.476
201503 0.180 97.900 0.197
201506 0.094 98.400 0.102
201509 -0.074 98.500 -0.081
201512 0.136 98.100 0.149
201603 0.275 97.900 0.301
201606 -0.190 98.100 -0.208
201609 -0.278 98.000 -0.304
201612 0.028 98.400 0.031
201703 0.576 98.100 0.629
201706 -0.176 98.500 -0.192
201709 -0.165 98.800 -0.179
201712 0.059 99.400 0.064
201803 0.102 99.200 0.110
201806 -0.257 99.200 -0.278
201809 -0.305 99.900 -0.327
201812 -0.146 99.700 -0.157
201903 0.064 99.700 0.069
201906 0.054 99.800 0.058
201909 -0.176 100.100 -0.188
201912 0.244 100.500 0.260
202003 0.177 100.300 0.189
202006 -0.566 99.900 -0.607
202009 0.389 99.900 0.417
202012 0.675 99.300 0.729
202103 0.184 99.900 0.197
202106 0.181 99.500 0.195
202109 -0.505 100.100 -0.541
202112 -0.043 100.100 -0.046
202203 0.211 101.100 0.224
202206 0.144 101.800 0.152
202209 0.017 103.100 0.018
202212 0.033 104.100 0.034
202303 0.259 104.400 0.266
202306 0.261 105.200 0.266
202309 0.058 106.200 0.059
202312 0.113 106.800 0.113
202403 0.430 107.200 0.430

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.


Panasonic Holdings  (WBO:MAT1) 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.


Panasonic Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Panasonic Holdings (WBO:MAT1) Business Description

Industry
Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (WBO:MAT1) Headlines

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