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Marubeni (FRA:MARA) Cyclically Adjusted FCF per Share : €0.77 (As of Mar. 2024)


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What is Marubeni 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.

Marubeni's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.564. 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 €0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Marubeni's average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% 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 Marubeni was 16.40% per year. The lowest was 2.60% per year. And the median was 6.95% per year.

As of today (2024-05-17), Marubeni's current stock price is €17.918. Marubeni's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.77. Marubeni's Cyclically Adjusted Price-to-FCF of today is 23.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marubeni was 24.11. The lowest was 6.01. And the median was 11.30.


Marubeni Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marubeni'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.

Marubeni Cyclically Adjusted FCF per Share Chart

Marubeni Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.64 0.69 0.79 0.77

Marubeni 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 0.79 0.81 0.80 0.81 0.77

Competitive Comparison of Marubeni's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Marubeni'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.


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

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

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



Marubeni 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, Marubeni'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)
=0.564/107.2000*107.2000
=0.564

Current CPI (Mar. 2024) = 107.2000.

Marubeni Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.505 98.000 -0.552
201409 -0.049 98.500 -0.053
201412 -0.301 97.900 -0.330
201503 0.674 97.900 0.738
201506 0.281 98.400 0.306
201509 -0.202 98.500 -0.220
201512 -0.032 98.100 -0.035
201603 0.398 97.900 0.436
201606 -0.006 98.100 -0.007
201609 0.071 98.000 0.078
201612 0.421 98.400 0.459
201703 0.434 98.100 0.474
201706 -0.182 98.500 -0.198
201709 0.096 98.800 0.104
201712 0.134 99.400 0.145
201803 0.601 99.200 0.649
201806 -0.125 99.200 -0.135
201809 -0.061 99.900 -0.065
201812 0.341 99.700 0.367
201903 0.723 99.700 0.777
201906 -0.054 99.800 -0.058
201909 0.146 100.100 0.156
201912 0.291 100.500 0.310
202003 0.664 100.300 0.710
202006 0.425 99.900 0.456
202009 0.020 99.900 0.021
202012 -0.084 99.300 -0.091
202103 0.879 99.900 0.943
202106 -0.295 99.500 -0.318
202109 1.030 100.100 1.103
202112 0.058 100.100 0.062
202203 0.149 101.100 0.158
202206 0.678 101.800 0.714
202209 0.574 103.100 0.597
202212 0.005 104.100 0.005
202303 0.801 104.400 0.822
202306 0.217 105.200 0.221
202309 0.354 106.200 0.357
202312 -0.064 106.800 -0.064
202403 0.564 107.200 0.564

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


Marubeni  (FRA:MARA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.918/0.77
=23.27

* 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 Marubeni was 24.11. The lowest was 6.01. And the median was 11.30.


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.


Marubeni Cyclically Adjusted FCF per Share Related Terms

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


Marubeni (FRA:MARA) Business Description

Industry
Traded in Other Exchanges
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.