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Takashimaya Co (STU:TKM) Cyclically Adjusted FCF per Share : €-0.22 (As of Feb. 2024)


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What is Takashimaya Co 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.

Takashimaya Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was €0.514. 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 €-0.22 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -19.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% 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 Takashimaya Co was 4.90% per year. The lowest was -19.60% per year. And the median was -5.65% per year.

As of today (2024-05-21), Takashimaya Co's current stock price is €14.00. Takashimaya Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €-0.22. Takashimaya Co's Cyclically Adjusted Price-to-FCF of today is .


Takashimaya Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Takashimaya 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.

* Premium members only.

Takashimaya Co Cyclically Adjusted FCF per Share Chart

Takashimaya Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.16 -0.29 -0.33 -0.22

Takashimaya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.33 -0.30 -0.31 -0.28 -0.22

Competitive Comparison of Takashimaya Co's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, Takashimaya 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.


Takashimaya Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Takashimaya Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Takashimaya 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, Takashimaya Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.514/106.9000*106.9000
=0.514

Current CPI (Feb. 2024) = 106.9000.

Takashimaya Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -3.457 98.100 -3.767
201408 0.100 98.300 0.109
201411 -0.046 97.900 -0.050
201502 0.462 97.600 0.506
201505 -0.242 98.700 -0.262
201508 0.021 98.400 0.023
201511 -0.072 98.100 -0.078
201602 0.392 97.800 0.428
201605 0.010 98.200 0.011
201608 0.209 97.900 0.228
201611 -0.095 98.600 -0.103
201702 0.744 98.100 0.811
201705 -0.438 98.600 -0.475
201708 -0.110 98.500 -0.119
201711 -0.566 99.100 -0.611
201802 -0.154 99.500 -0.165
201805 0.217 99.300 0.234
201808 -0.001 99.800 -0.001
201811 -0.240 100.000 -0.257
201902 -0.932 99.700 -0.999
201905 -0.521 100.000 -0.557
201908 0.312 100.000 0.334
201911 -0.046 100.500 -0.049
202002 0.123 100.300 0.131
202005 -1.599 100.100 -1.708
202008 1.521 100.100 1.624
202011 0.512 99.500 0.550
202102 0.429 99.800 0.460
202105 -0.720 99.400 -0.774
202108 0.236 99.700 0.253
202111 -0.235 100.100 -0.251
202202 0.185 100.700 0.196
202205 0.216 101.800 0.227
202208 -0.445 102.700 -0.463
202211 0.195 103.900 0.201
202302 0.421 104.000 0.433
202305 0.365 105.100 0.371
202308 -0.131 105.900 -0.132
202311 0.334 106.900 0.334
202402 0.514 106.900 0.514

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


Takashimaya Co  (STU:TKM) 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.


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.


Takashimaya Co Cyclically Adjusted FCF per Share Related Terms

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


Takashimaya Co (STU:TKM) Business Description

Traded in Other Exchanges
Address
No. 1 No. 5, Osaka Namba 5-chome, Chuo-ku, Osaka, JPN, 542-8510
Takashimaya Co Ltd is a Japanese company that operates department stores in Japan and overseas in Singapore and China. The company is involved in shopping-center development, consumer finance, and other businesses. The chain offers a wide variety of products: clothing, cosmetics, household goods, food products, restaurants, and services. The second core business is shopping-center development and management through Toshin development. Other group businesses include design and interior decoration, credit cards, dining and restaurants, advertising and publicity, personnel services and solutions, and insurance.

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