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FUJIFILM Holdings (FRA:FJI) Cyclically Adjusted FCF per Share : €0.70 (As of Dec. 2023)


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What is FUJIFILM Holdings 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.

FUJIFILM Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.116. 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 €0.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, FUJIFILM Holdings's average Cyclically Adjusted FCF Growth Rate was -10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% 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 FUJIFILM Holdings was 11.20% per year. The lowest was -11.00% per year. And the median was 6.30% per year.

As of today (2024-05-02), FUJIFILM Holdings's current stock price is €19.855. FUJIFILM Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.70. FUJIFILM Holdings's Cyclically Adjusted Price-to-FCF of today is 28.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FUJIFILM Holdings was 31.65. The lowest was 11.04. And the median was 16.92.


FUJIFILM Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for FUJIFILM Holdings'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.

FUJIFILM Holdings Cyclically Adjusted FCF per Share Chart

FUJIFILM Holdings 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 0.84 0.87 0.93 1.01 0.85

FUJIFILM 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 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 0.87 0.85 0.74 0.72 0.70

Competitive Comparison of FUJIFILM Holdings's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, FUJIFILM 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.


FUJIFILM Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, FUJIFILM Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FUJIFILM Holdings 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, FUJIFILM 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)
=-0.116/106.8000*106.8000
=-0.116

Current CPI (Dec. 2023) = 106.8000.

FUJIFILM Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.412 95.700 0.460
201406 0.400 98.000 0.436
201409 0.030 98.500 0.033
201412 0.150 97.900 0.164
201503 0.327 97.900 0.357
201506 0.243 98.400 0.264
201509 0.033 98.500 0.036
201512 0.135 98.100 0.147
201603 0.336 97.900 0.367
201606 0.506 98.100 0.551
201609 0.057 98.000 0.062
201612 0.200 98.400 0.217
201703 0.436 98.100 0.475
201706 0.467 98.500 0.506
201709 -0.034 98.800 -0.037
201712 0.137 99.400 0.147
201803 0.499 99.200 0.537
201806 0.411 99.200 0.442
201809 -0.136 99.900 -0.145
201812 0.231 99.700 0.247
201903 0.477 99.700 0.511
201906 0.572 99.800 0.612
201909 0.129 100.100 0.138
201912 -0.150 100.500 -0.159
202003 0.438 100.300 0.466
202006 0.505 99.900 0.540
202009 0.416 99.900 0.445
202012 0.449 99.300 0.483
202103 0.585 99.900 0.625
202106 0.382 99.500 0.410
202109 0.069 100.100 0.074
202112 0.154 100.100 0.164
202203 0.397 101.100 0.419
202206 -0.285 101.800 -0.299
202209 -0.254 103.100 -0.263
202212 -0.415 104.100 -0.426
202303 0.292 104.400 0.299
202306 -0.145 105.200 -0.147
202309 -0.217 106.200 -0.218
202312 -0.116 106.800 -0.116

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


FUJIFILM Holdings  (FRA:FJI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.855/0.7
=28.36

* 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 FUJIFILM Holdings was 31.65. The lowest was 11.04. And the median was 16.92.


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.


FUJIFILM Holdings Cyclically Adjusted FCF per Share Related Terms

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


FUJIFILM Holdings (FRA:FJI) Business Description

Industry
Traded in Other Exchanges
Address
7-3, Akasaka 9-chome, Minato-ku, Tokyo, JPN, 107-0052
FUJIFILM Holdings Corp offers products and services used in photo development and film and photo taking processes. The company produces color films and single use cameras, color paper and chemicals, photofinishing equipment, film and photo processing services, electronic imaging such as digital cameras, optical devices such as camera modules for mobile phones, TV camera lenses and cine lenses, x-ray imaging systems and films, inkjet printers, flat panel materials, recording storage mediums such as data cartridges and videotape products, and office products such as office printers. The document solutions segment including office printers and the information solutions segment consisting of its x-ray imaging and data storage systems form most of the group's yearly revenue stream.

FUJIFILM Holdings (FRA:FJI) Headlines

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