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Daiichinkyo Co (Daiichinkyo Co) Cyclically Adjusted FCF per Share : $0.42 (As of Mar. 2024)


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What is Daiichinkyo Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Daiichinkyo Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.061. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daiichinkyo Co's average Cyclically Adjusted FCF Growth Rate was 70.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Daiichinkyo Co was 19.00% per year. The lowest was 1.00% per year. And the median was 2.00% per year.

As of today (2024-04-29), Daiichinkyo Co's current stock price is $32.20. Daiichinkyo Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.42. Daiichinkyo Co's Cyclically Adjusted Price-to-FCF of today is 76.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daiichinkyo Co was 135.66. The lowest was 21.98. And the median was 67.81.


Daiichinkyo Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daiichinkyo Co's Cyclically Adjusted FCF per Share 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.

Daiichinkyo Co Cyclically Adjusted FCF per Share Chart

Daiichinkyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.34 0.30 0.28 0.42

Daiichinkyo 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 FCF per Share 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 0.28 0.23 0.23 0.47 0.42

Competitive Comparison of Daiichinkyo Co's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - General subindustry, Daiichinkyo 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.


Daiichinkyo Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Daiichinkyo Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daiichinkyo Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Daiichinkyo 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)
=-0.061/107.2000*107.2000
=-0.061

Current CPI (Mar. 2024) = 107.2000.

Daiichinkyo Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.022 98.000 0.024
201409 0.060 98.500 0.065
201412 0.082 97.900 0.090
201503 0.036 97.900 0.039
201506 -0.032 98.400 -0.035
201509 0.103 98.500 0.112
201512 0.067 98.100 0.073
201603 0.275 97.900 0.301
201606 0.120 98.100 0.131
201609 0.109 98.000 0.119
201612 -0.023 98.400 -0.025
201703 0.179 98.100 0.196
201706 -0.045 98.500 -0.049
201709 0.058 98.800 0.063
201712 0.068 99.400 0.073
201803 0.251 99.200 0.271
201806 -0.113 99.200 -0.122
201809 0.028 99.900 0.030
201812 0.019 99.700 0.020
201903 0.182 99.700 0.196
201906 0.304 99.800 0.327
201909 0.063 100.100 0.067
201912 0.099 100.500 0.106
202003 0.218 100.300 0.233
202006 0.081 99.900 0.087
202009 0.235 99.900 0.252
202012 0.064 99.300 0.069
202103 0.239 99.900 0.256
202106 -0.249 99.500 -0.268
202109 0.201 100.100 0.215
202112 0.236 100.100 0.253
202203 0.094 101.100 0.100
202206 -0.159 101.800 -0.167
202209 0.196 103.100 0.204
202212 0.071 104.100 0.073
202303 0.061 104.400 0.063
202306 -0.268 105.200 -0.273
202309 -0.144 106.200 -0.145
202312 2.199 106.800 2.207
202403 -0.061 107.200 -0.061

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Daiichinkyo Co  (OTCPK:DSNKY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Daiichinkyo Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.20/0.42
=76.67

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daiichinkyo Co was 135.66. The lowest was 21.98. And the median was 67.81.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Daiichinkyo Co Cyclically Adjusted FCF per Share Related Terms

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Daiichinkyo Co (Daiichinkyo Co) Business Description

Traded in Other Exchanges
Address
3-5-1, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8426
Daiichi Sankyo was established by the merger of Daiichi Pharmaceuticals and Sankyo in 2005. As of 2021, approximately half of revenue comes from its Japan businesses, which will shrink in the future as the company expands its global footprint. Its primary growth driver is its leading platform of antibody drug conjugates. Its three lead ADCs are Enhertu (HER2), Dato-DXd (TROP2), I-DXd (B7-H3), HER3-DXd (HER3), and R-DXd (CDH6). Enhertu entered the clinic in 2015 and received its first U.S approval in December 2019 for third-line late-stage HER2-positive breast cancer. It is also approved for HER2-positive stomach cancers and HER2 mutant non-small cell lung cancer.