GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JVCKenwood Corp (OTCPK:JVCKF) » Definitions » Cyclically Adjusted FCF per Share

JVCKenwood (JVCKenwood) Cyclically Adjusted FCF per Share : $0.07 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is JVCKenwood 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.

JVCKenwood's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.306. 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 $0.07 for the trailing ten years ended in Dec. 2023.

During the past 12 months, JVCKenwood's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 JVCKenwood was 18.50% per year. The lowest was -27.30% per year. And the median was -16.10% per year.

As of today (2024-06-07), JVCKenwood's current stock price is $2.38. JVCKenwood's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.07. JVCKenwood's Cyclically Adjusted Price-to-FCF of today is 34.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JVCKenwood was 80.36. The lowest was 10.23. And the median was 19.35.


JVCKenwood Cyclically Adjusted FCF per Share Historical Data

The historical data trend for JVCKenwood'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.

JVCKenwood Cyclically Adjusted FCF per Share Chart

JVCKenwood 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 - - - 0.10 -

JVCKenwood 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 0.10 0.06 0.06 0.07 -

Competitive Comparison of JVCKenwood's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



JVCKenwood 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, JVCKenwood'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)
=0.306/106.8000*106.8000
=0.306

Current CPI (Dec. 2023) = 106.8000.

JVCKenwood Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.418 95.700 0.466
201406 -0.133 98.000 -0.145
201409 0.083 98.500 0.090
201412 -0.068 97.900 -0.074
201503 -0.068 97.900 -0.074
201506 0.015 98.400 0.016
201509 -0.036 98.500 -0.039
201512 -0.205 98.100 -0.223
201603 0.072 97.900 0.079
201606 -0.211 98.100 -0.230
201609 -0.124 98.000 -0.135
201612 -0.179 98.400 -0.194
201703 0.442 98.100 0.481
201706 0.152 98.500 0.165
201709 -0.025 98.800 -0.027
201712 -0.113 99.400 -0.121
201803 0.012 99.200 0.013
201806 -0.091 99.200 -0.098
201809 0.198 99.900 0.212
201812 -0.180 99.700 -0.193
201903 0.092 99.700 0.099
201906 0.165 99.800 0.177
201909 0.063 100.100 0.067
201912 -0.151 100.500 -0.160
202003 -0.046 100.300 -0.049
202006 -0.016 99.900 -0.017
202009 0.400 99.900 0.428
202012 0.346 99.300 0.372
202103 0.526 99.900 0.562
202106 -0.128 99.500 -0.137
202109 -0.401 100.100 -0.428
202112 -0.256 100.100 -0.273
202203 0.276 101.100 0.292
202206 -0.068 101.800 -0.071
202209 0.079 103.100 0.082
202212 0.160 104.100 0.164
202303 0.316 104.400 0.323
202306 -0.140 105.200 -0.142
202309 0.220 106.200 0.221
202312 0.306 106.800 0.306

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


JVCKenwood  (OTCPK:JVCKF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.38/0.07
=34.00

* 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 JVCKenwood was 80.36. The lowest was 10.23. And the median was 19.35.


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.


JVCKenwood Cyclically Adjusted FCF per Share Related Terms

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


JVCKenwood (JVCKenwood) Business Description

Traded in Other Exchanges
Address
3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

JVCKenwood (JVCKenwood) Headlines

No Headlines