GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Bottlers Japan Holdings Inc (OTCPK:CCOJY) » Definitions » Cyclically Adjusted Price-to-FCF

Coca-Cola Bottlers Japan Holdings (Coca-Cola Bottlers Japan Holdings) Cyclically Adjusted Price-to-FCF : 117.67 (As of Apr. 28, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Coca-Cola Bottlers Japan Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Coca-Cola Bottlers Japan Holdings's current share price is $7.06. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.06. Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF for today is 117.67.

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

CCOJY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.33   Med: 14.06   Max: 220.89
Current: 116.71

During the past years, Coca-Cola Bottlers Japan Holdings's highest Cyclically Adjusted Price-to-FCF was 220.89. The lowest was 8.33. And the median was 14.06.

CCOJY's Cyclically Adjusted Price-to-FCF is ranked worse than
94.12% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.17 vs CCOJY: 116.71

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.

Coca-Cola Bottlers Japan Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.438. 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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coca-Cola Bottlers Japan 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.

Coca-Cola Bottlers Japan Holdings Cyclically Adjusted Price-to-FCF Chart

Coca-Cola Bottlers Japan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.85 10.85 15.28 25.58 107.74

Coca-Cola Bottlers Japan Holdings 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 25.58 36.30 68.96 207.42 107.74

Competitive Comparison of Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Bottlers Japan 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.


Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF falls into.



Coca-Cola Bottlers Japan 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.

Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.06/0.06
=117.67

* 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.

Coca-Cola Bottlers Japan Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Coca-Cola Bottlers Japan Holdings'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)
=0.438/106.8000*106.8000
=0.438

Current CPI (Dec. 2023) = 106.8000.

Coca-Cola Bottlers Japan Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.236 95.700 0.263
201406 -0.146 98.000 -0.159
201409 0.722 98.500 0.783
201412 0.371 97.900 0.405
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 -0.079 99.200 -0.085
201806 -0.356 99.200 -0.383
201809 0.429 99.900 0.459
201812 0.045 99.700 0.048
201903 -0.259 99.700 -0.277
201906 -1.073 99.800 -1.148
201909 0.613 100.100 0.654
201912 -0.184 100.500 -0.196
202003 -0.458 100.300 -0.488
202006 -0.500 99.900 -0.535
202009 0.317 99.900 0.339
202012 0.031 99.300 0.033
202103 0.027 99.900 0.029
202106 -0.409 99.500 -0.439
202109 0.065 100.100 0.069
202112 0.226 100.100 0.241
202203 0.061 101.100 0.064
202206 -0.356 101.800 -0.373
202209 0.454 103.100 0.470
202212 0.023 104.100 0.024
202303 -0.040 104.400 -0.041
202306 -0.357 105.200 -0.362
202309 0.466 106.200 0.469
202312 0.438 106.800 0.438

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.


Coca-Cola Bottlers Japan Holdings  (OTCPK:CCOJY) 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.


Coca-Cola Bottlers Japan Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Coca-Cola Bottlers Japan Holdings (Coca-Cola Bottlers Japan Holdings) Business Description

Traded in Other Exchanges
Address
9-7-1 Akasaka, Minato-ku, Tokyo Midtown Tower, Fukuoka, JPN, 107-6211
Coca-Cola Bottlers Japan Holdings Inc is a Japanese soft drinks manufacturer, which operates through licensing agreements with The Coca-Cola Company based in the United States. It functions through two business segments, namely The Cold Beverage segment and The Healthcare and Skincare segment. The Cold Beverage segment by far accounts for most of the company's revenue generating operations. It represents the manufacture and sale of beverages such as sports drinks, tea beverages, sparkling beverages and mineral water. Its secondary business is carried out through the Healthcare and Skincare segment which produces and sells health food and cosmetics.