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


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What is Minebea Mitsumi Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Minebea Mitsumi'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.

Minebea Mitsumi Cyclically Adjusted Price-to-FCF Chart

Minebea Mitsumi 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 35.76 31.99 45.25 40.23 48.34

Minebea Mitsumi 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 39.47 48.34 49.03 53.54 59.60

Competitive Comparison of Minebea Mitsumi's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Minebea Mitsumi'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.


Minebea Mitsumi's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Minebea Mitsumi 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.

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

For example, Minebea Mitsumi'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)
=0.543/106.8000*106.8000
=0.543

Current CPI (Dec. 2023) = 106.8000.

Minebea Mitsumi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.642 95.700 0.716
201406 0.057 98.000 0.062
201409 0.114 98.500 0.124
201412 0.206 97.900 0.225
201503 0.588 97.900 0.641
201506 -0.099 98.400 -0.107
201509 -0.370 98.500 -0.401
201512 -0.268 98.100 -0.292
201603 0.845 97.900 0.922
201606 0.582 98.100 0.634
201609 0.070 98.000 0.076
201612 0.845 98.400 0.917
201703 0.856 98.100 0.932
201706 0.843 98.500 0.914
201709 -0.162 98.800 -0.175
201712 0.449 99.400 0.482
201803 0.782 99.200 0.842
201806 -0.011 99.200 -0.012
201809 -0.325 99.900 -0.347
201812 1.380 99.700 1.478
201903 0.947 99.700 1.014
201906 -0.439 99.800 -0.470
201909 -0.120 100.100 -0.128
201912 1.195 100.500 1.270
202003 1.029 100.300 1.096
202006 -0.347 99.900 -0.371
202009 -0.407 99.900 -0.435
202012 1.214 99.300 1.306
202103 1.707 99.900 1.825
202106 -0.001 99.500 -0.001
202109 0.256 100.100 0.273
202112 -0.864 100.100 -0.922
202203 0.933 101.100 0.986
202206 -3.257 101.800 -3.417
202209 -0.589 103.100 -0.610
202212 -0.121 104.100 -0.124
202303 0.676 104.400 0.692
202306 0.404 105.200 0.410
202309 -0.871 106.200 -0.876
202312 0.543 106.800 0.543

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.


Minebea Mitsumi  (OTCPK:MNBEY) 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.


Minebea Mitsumi Cyclically Adjusted Price-to-FCF Related Terms

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


Minebea Mitsumi (Minebea Mitsumi) Business Description

Industry
Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

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