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KDDI (KDDIY) Cyclically Adjusted FCF per Share : $0.92 (As of Dec. 2023)


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What is KDDI 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.

KDDI's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.317. 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 $0.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KDDI's average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% 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 KDDI was 16.20% per year. The lowest was 8.90% per year. And the median was 13.00% per year.

As of today (2024-04-27), KDDI's current stock price is $13.88. KDDI's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.92. KDDI's Cyclically Adjusted Price-to-FCF of today is 15.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KDDI was 31.71. The lowest was 15.33. And the median was 19.64.


KDDI Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KDDI'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.

KDDI Cyclically Adjusted FCF per Share Chart

KDDI Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.75 0.90 0.90 0.92

KDDI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.93 0.92 0.86 0.85 0.92

Competitive Comparison of KDDI's Cyclically Adjusted FCF per Share

For the Telecom Services subindustry, KDDI'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.


KDDI's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

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

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



KDDI 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, KDDI'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)
=0.317/106.8000*106.8000
=0.317

Current CPI (Dec. 2023) = 106.8000.

KDDI Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.025 95.700 0.028
201406 -0.053 98.000 -0.058
201409 0.402 98.500 0.436
201412 -0.051 97.900 -0.056
201503 0.230 97.900 0.251
201506 -0.116 98.400 -0.126
201509 0.372 98.500 0.403
201512 0.170 98.100 0.185
201603 0.165 97.900 0.180
201606 0.266 98.100 0.290
201609 0.634 98.000 0.691
201612 0.223 98.400 0.242
201703 0.103 98.100 0.112
201706 0.103 98.500 0.112
201709 0.600 98.800 0.649
201712 -0.009 99.400 -0.010
201803 0.247 99.200 0.266
201806 0.048 99.200 0.052
201809 0.417 99.900 0.446
201812 0.014 99.700 0.015
201903 0.325 99.700 0.348
201906 -0.102 99.800 -0.109
201909 0.542 100.100 0.578
201912 0.373 100.500 0.396
202003 0.597 100.300 0.636
202006 0.138 99.900 0.148
202009 0.696 99.900 0.744
202012 0.402 99.300 0.432
202103 0.926 99.900 0.990
202106 -0.373 99.500 -0.400
202109 0.590 100.100 0.629
202112 0.204 100.100 0.218
202203 1.105 101.100 1.167
202206 -0.190 101.800 -0.199
202209 0.596 103.100 0.617
202212 0.203 104.100 0.208
202303 0.108 104.400 0.110
202306 0.073 105.200 0.074
202309 0.406 106.200 0.408
202312 0.317 106.800 0.317

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


KDDI  (OTCPK:KDDIY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.88/0.92
=15.09

* 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 KDDI was 31.71. The lowest was 15.33. And the median was 19.64.


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.


KDDI Cyclically Adjusted FCF per Share Related Terms

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


KDDI (KDDIY) Business Description

Traded in Other Exchanges
Address
Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, JPN, 102-8460
KDDI is Japan's second-largest wireless operator (31% market share), the largest pay-TV operator (53% market share) and the second-largest provider of fibre-to-the-home broadband (12% market share). It has grown through acquisition and is focusing on increasing the number of customers who subscribe to more than one telecommunication service. It is also looking to grow its Life Design business which includes commerce, energy, and finance and had over 42 million Internet of Things connections by the end of September 2023.

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