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Panasonic Holdings (LTS:0QYR) Cyclically Adjusted FCF per Share : 円34.82 (As of Jun. 2024)


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What is Panasonic 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.

Panasonic Holdings's adjusted free cash flow per share for the three months ended in Jun. 2024 was 円13.082. 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 円34.82 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Panasonic Holdings's average Cyclically Adjusted FCF Growth Rate was -25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 33.10% 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 Panasonic Holdings was 90.20% per year. The lowest was -42.80% per year. And the median was 12.30% per year.

As of today (2024-09-22), Panasonic Holdings's current stock price is 円1244.50. Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was 円34.82. Panasonic Holdings's Cyclically Adjusted Price-to-FCF of today is 35.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Panasonic Holdings was 1323.87. The lowest was 21.04. And the median was 92.21.


Panasonic Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Panasonic 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.

Panasonic Holdings Cyclically Adjusted FCF per Share Chart

Panasonic Holdings 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 0.15 0.14 38.86 44.73 36.78

Panasonic Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 46.45 47.39 42.37 36.78 34.82

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

For the Consumer Electronics subindustry, Panasonic 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.


Panasonic Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panasonic 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, Panasonic Holdings's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.082/108.2000*108.2000
=13.082

Current CPI (Jun. 2024) = 108.2000.

Panasonic Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -4.962 98.500 -5.451
201412 63.962 97.900 70.691
201503 23.509 97.900 25.982
201506 13.107 98.400 14.412
201509 -10.041 98.500 -11.030
201512 17.980 98.100 19.831
201603 34.563 97.900 38.199
201606 -22.489 98.100 -24.804
201609 -31.759 98.000 -35.065
201612 3.367 98.400 3.702
201703 69.543 98.100 76.703
201706 -21.886 98.500 -24.041
201709 -21.748 98.800 -23.817
201712 7.841 99.400 8.535
201803 13.327 99.200 14.536
201806 -33.090 99.200 -36.092
201809 -39.866 99.900 -43.178
201812 -18.696 99.700 -20.290
201903 8.020 99.700 8.704
201906 6.647 99.800 7.206
201909 -20.796 100.100 -22.479
201912 29.565 100.500 31.830
202003 21.004 100.300 22.658
202006 -68.537 99.900 -74.231
202009 48.408 99.900 52.430
202012 85.230 99.300 92.869
202103 23.793 99.900 25.770
202106 24.001 99.500 26.100
202109 -65.410 100.100 -70.703
202112 -5.497 100.100 -5.942
202203 27.572 101.100 29.508
202206 20.403 101.800 21.686
202209 2.361 103.100 2.478
202212 4.756 104.100 4.943
202303 37.092 104.400 38.442
202306 39.905 105.200 41.043
202309 9.085 106.200 9.256
202312 17.748 106.800 17.981
202403 27.355 107.200 27.610
202406 13.082 108.200 13.082

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


Panasonic Holdings  (LTS:0QYR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1244.50/34.82
=35.74

* 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 Panasonic Holdings was 1323.87. The lowest was 21.04. And the median was 92.21.


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.


Panasonic Holdings Cyclically Adjusted FCF per Share Related Terms

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


Panasonic Holdings Business Description

Industry
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings Headlines

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