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Komatsu (Komatsu) Cyclically Adjusted Price-to-FCF : 33.31 (As of Apr. 27, 2024)


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What is Komatsu Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Komatsu's current share price is $27.98. Komatsu's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.84. Komatsu's Cyclically Adjusted Price-to-FCF for today is 33.31.

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

KMTUY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.74   Med: 32.01   Max: 64.68
Current: 36.62

During the past years, Komatsu's highest Cyclically Adjusted Price-to-FCF was 64.68. The lowest was 19.74. And the median was 32.01.

KMTUY's Cyclically Adjusted Price-to-FCF is ranked worse than
61.62% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.88 vs KMTUY: 36.62

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.

Komatsu's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.205. 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 $0.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted Price-to-FCF Chart

Komatsu 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 32.57 21.87 36.41 26.28 29.88

Komatsu 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 26.92 29.88 34.32 35.82 31.03

Competitive Comparison of Komatsu's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.98/0.84
=33.31

* 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.

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

For example, Komatsu'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)
=0.205/106.8000*106.8000
=0.205

Current CPI (Dec. 2023) = 106.8000.

Komatsu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.772 95.700 0.862
201406 0.355 98.000 0.387
201409 0.588 98.500 0.638
201412 -0.085 97.900 -0.093
201503 0.513 97.900 0.560
201506 0.131 98.400 0.142
201509 0.504 98.500 0.546
201512 0.127 98.100 0.138
201603 0.620 97.900 0.676
201606 0.121 98.100 0.132
201609 0.171 98.000 0.186
201612 0.093 98.400 0.101
201703 0.628 98.100 0.684
201706 -0.015 98.500 -0.016
201709 0.028 98.800 0.030
201712 -0.400 99.400 -0.430
201803 0.348 99.200 0.375
201806 -0.405 99.200 -0.436
201809 0.271 99.900 0.290
201812 -0.293 99.700 -0.314
201903 0.524 99.700 0.561
201906 0.136 99.800 0.146
201909 0.295 100.100 0.315
201912 -0.248 100.500 -0.264
202003 0.904 100.300 0.963
202006 0.175 99.900 0.187
202009 0.496 99.900 0.530
202012 0.356 99.300 0.383
202103 0.686 99.900 0.733
202106 0.256 99.500 0.275
202109 0.466 100.100 0.497
202112 -0.131 100.100 -0.140
202203 0.687 101.100 0.726
202206 -0.306 101.800 -0.321
202209 -0.163 103.100 -0.169
202212 0.070 104.100 0.072
202303 0.592 104.400 0.606
202306 0.336 105.200 0.341
202309 0.384 106.200 0.386
202312 0.205 106.800 0.205

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.


Komatsu  (OTCPK:KMTUY) 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.


Komatsu Cyclically Adjusted Price-to-FCF Related Terms

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


Komatsu (Komatsu) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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