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Mitsubishi Chemical Group (Mitsubishi Chemical Group) Cyclically Adjusted FCF per Share : $0.72 (As of Dec. 2023)


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What is Mitsubishi Chemical Group 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.

Mitsubishi Chemical Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.084. 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 $0.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi Chemical Group's average Cyclically Adjusted FCF Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% 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 Mitsubishi Chemical Group was 10.90% per year. The lowest was 2.10% per year. And the median was 9.00% per year.

As of today (2024-04-29), Mitsubishi Chemical Group's current stock price is $6.325. Mitsubishi Chemical Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.72. Mitsubishi Chemical Group's Cyclically Adjusted Price-to-FCF of today is 8.78.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi Chemical Group was 17.89. The lowest was 6.24. And the median was 9.30.


Mitsubishi Chemical Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitsubishi Chemical Group'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.

Mitsubishi Chemical Group Cyclically Adjusted FCF per Share Chart

Mitsubishi Chemical Group 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 0.73 0.85 0.96 0.78 0.74

Mitsubishi Chemical Group 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 0.69 0.74 0.68 0.72 0.72

Competitive Comparison of Mitsubishi Chemical Group's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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.


Mitsubishi Chemical Group's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mitsubishi Chemical Group 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, Mitsubishi Chemical Group'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)
=0.084/106.8000*106.8000
=0.084

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Chemical Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.043 95.700 -0.048
201406 0.274 98.000 0.299
201409 0.104 98.500 0.113
201412 0.168 97.900 0.183
201503 0.464 97.900 0.506
201506 -0.328 98.400 -0.356
201509 0.190 98.500 0.206
201512 0.259 98.100 0.282
201603 0.365 97.900 0.398
201606 0.330 98.100 0.359
201609 0.326 98.000 0.355
201612 0.035 98.400 0.038
201703 0.503 98.100 0.548
201706 0.182 98.500 0.197
201709 0.303 98.800 0.328
201712 0.206 99.400 0.221
201803 0.300 99.200 0.323
201806 0.200 99.200 0.215
201809 0.492 99.900 0.526
201812 -0.056 99.700 -0.060
201903 0.441 99.700 0.472
201906 0.286 99.800 0.306
201909 0.574 100.100 0.612
201912 0.174 100.500 0.185
202003 0.276 100.300 0.294
202006 0.058 99.900 0.062
202009 0.178 99.900 0.190
202012 0.322 99.300 0.346
202103 0.792 99.900 0.847
202106 0.154 99.500 0.165
202109 0.133 100.100 0.142
202112 0.093 100.100 0.099
202203 0.133 101.100 0.140
202206 -0.230 101.800 -0.241
202209 0.038 103.100 0.039
202212 0.046 104.100 0.047
202303 0.521 104.400 0.533
202306 -0.039 105.200 -0.040
202309 0.353 106.200 0.355
202312 0.084 106.800 0.084

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


Mitsubishi Chemical Group  (OTCPK:MTLHF) 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.

Mitsubishi Chemical Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.325/0.72
=8.78

* 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 Mitsubishi Chemical Group was 17.89. The lowest was 6.24. And the median was 9.30.


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.


Mitsubishi Chemical Group Cyclically Adjusted FCF per Share Related Terms

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


Mitsubishi Chemical Group (Mitsubishi Chemical Group) Business Description

Traded in Other Exchanges
Address
1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.

Mitsubishi Chemical Group (Mitsubishi Chemical Group) Headlines

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