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Koito Manufacturing Co (Koito Manufacturing Co) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Koito Manufacturing Co Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Koito Manufacturing Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.145. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Koito Manufacturing Co's average Cyclically Adjusted FCF Growth Rate was 18.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 Koito Manufacturing Co was 10.70% per year. The lowest was 3.30% per year. And the median was 5.20% per year.

As of today (2024-06-16), Koito Manufacturing Co's current stock price is $14.15. Koito Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Koito Manufacturing Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Koito Manufacturing Co was 48.17. The lowest was 14.06. And the median was 28.07.


Koito Manufacturing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Koito Manufacturing Co'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.

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Koito Manufacturing Co Cyclically Adjusted FCF per Share Chart

Koito Manufacturing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
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Koito Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Koito Manufacturing Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Koito Manufacturing Co'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.


Koito Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Koito Manufacturing Co 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, Koito Manufacturing Co'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)
=0.145/107.2000*107.2000
=0.145

Current CPI (Mar. 2024) = 107.2000.

Koito Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.336 98.000 0.368
201409 0.026 98.500 0.028
201412 0.039 97.900 0.043
201503 0.439 97.900 0.481
201506 0.322 98.400 0.351
201509 -0.150 98.500 -0.163
201512 0.246 98.100 0.269
201603 0.412 97.900 0.451
201606 0.722 98.100 0.789
201609 0.050 98.000 0.055
201612 0.479 98.400 0.522
201703 0.415 98.100 0.453
201706 0.583 98.500 0.634
201709 0.474 98.800 0.514
201712 0.137 99.400 0.148
201803 0.323 99.200 0.349
201806 0.473 99.200 0.511
201809 0.054 99.900 0.058
201812 0.362 99.700 0.389
201903 0.312 99.700 0.335
201906 0.586 99.800 0.629
201909 -0.075 100.100 -0.080
201912 0.164 100.500 0.175
202003 0.192 100.300 0.205
202006 0.067 99.900 0.072
202009 -0.136 99.900 -0.146
202012 0.725 99.300 0.783
202103 0.558 99.900 0.599
202106 0.610 99.500 0.657
202109 0.140 100.100 0.150
202112 -0.064 100.100 -0.069
202203 0.330 101.100 0.350
202206 0.172 101.800 0.181
202209 0.060 103.100 0.062
202212 0.156 104.100 0.161
202303 0.070 104.400 0.072
202306 0.387 105.200 0.394
202309 0.263 106.200 0.265
202312 0.515 106.800 0.517
202403 0.145 107.200 0.145

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


Koito Manufacturing Co  (OTCPK:KOTMF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Koito Manufacturing Co was 48.17. The lowest was 14.06. And the median was 28.07.


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.


Koito Manufacturing Co Cyclically Adjusted FCF per Share Related Terms

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


Koito Manufacturing Co (Koito Manufacturing Co) Business Description

Traded in Other Exchanges
Address
4-8-3, Takanawa, Minato-ku, Tokyo, JPN, 108-8711
Koito Manufacturing Co Ltd is producing and marketing automotive lighting equipment, such as LED taillights, headlights, and fog lights, aircraft parts, interior and exterior lights, and electrical equipment. The company's products are used in the transportation industry including automobiles, aviation, railways, shipping, and traffic systems. Koito Manufacturing generates the majority of its revenue in Japan, China, and North America. Other regions are Other Asia and Europe.

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