/term/cyclically-adjusted-fcf/FRA:108 Sumitomo Rubber Industries (FRA:108) Cyclically Adjusted FC
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Sumitomo Rubber Industries (FRA:108) Cyclically Adjusted FCF per Share : €0.76 (As of Mar. 2024)


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What is Sumitomo Rubber Industries 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.

Sumitomo Rubber Industries's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.003. 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 €0.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sumitomo Rubber Industries's average Cyclically Adjusted FCF Growth Rate was 45.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% 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 Sumitomo Rubber Industries was 16.50% per year. The lowest was 4.10% per year. And the median was 6.00% per year.

As of today (2024-06-20), Sumitomo Rubber Industries's current stock price is €9.05. Sumitomo Rubber Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.76. Sumitomo Rubber Industries's Cyclically Adjusted Price-to-FCF of today is 11.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sumitomo Rubber Industries was 29.68. The lowest was 7.70. And the median was 13.64.


Sumitomo Rubber Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sumitomo Rubber Industries'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.

Sumitomo Rubber Industries Cyclically Adjusted FCF per Share Chart

Sumitomo Rubber Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.84 1.08 0.66 0.83

Sumitomo Rubber Industries 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 0.60 0.62 0.72 0.83 0.76

Competitive Comparison of Sumitomo Rubber Industries's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Sumitomo Rubber Industries'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.


Sumitomo Rubber Industries's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Rubber Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sumitomo Rubber Industries 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, Sumitomo Rubber Industries'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)
=-0.003/107.2000*107.2000
=-0.003

Current CPI (Mar. 2024) = 107.2000.

Sumitomo Rubber Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
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 0.272 97.900 0.298
201606 0.799 98.100 0.873
201609 0.108 98.000 0.118
201612 1.176 98.400 1.281
201703 -0.537 98.100 -0.587
201706 -0.061 98.500 -0.066
201709 0.009 98.800 0.010
201712 0.789 99.400 0.851
201803 0.072 99.200 0.078
201806 -0.075 99.200 -0.081
201809 -0.093 99.900 -0.100
201812 0.483 99.700 0.519
201903 -0.017 99.700 -0.018
201906 0.142 99.800 0.153
201909 -0.121 100.100 -0.130
201912 0.847 100.500 0.903
202003 0.120 100.300 0.128
202006 -0.030 99.900 -0.032
202009 0.900 99.900 0.966
202012 1.362 99.300 1.470
202103 0.299 99.900 0.321
202106 0.132 99.500 0.142
202109 -0.391 100.100 -0.419
202112 0.255 100.100 0.273
202203 -0.486 101.100 -0.515
202206 -0.522 101.800 -0.550
202209 -0.418 103.100 -0.435
202212 0.125 104.100 0.129
202303 -0.196 104.400 -0.201
202306 0.680 105.200 0.693
202309 0.920 106.200 0.929
202312 0.952 106.800 0.956
202403 -0.003 107.200 -0.003

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


Sumitomo Rubber Industries  (FRA:108) 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.

Sumitomo Rubber Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.05/0.76
=11.91

* 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 Sumitomo Rubber Industries was 29.68. The lowest was 7.70. And the median was 13.64.


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.


Sumitomo Rubber Industries Cyclically Adjusted FCF per Share Related Terms

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


Sumitomo Rubber Industries (FRA:108) Business Description

Traded in Other Exchanges
Address
3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072
Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

Sumitomo Rubber Industries (FRA:108) Headlines

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