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Artner Co (TSE:2163) Cyclically Adjusted FCF per Share : 円61.10 (As of Jan. 2024)


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What is Artner 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.

Artner Co's adjusted free cash flow per share for the three months ended in Jan. 2024 was 円22.321. 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61.10 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Artner Co's average Cyclically Adjusted FCF Growth Rate was 21.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% 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 Artner Co was 25.10% per year. The lowest was 14.90% per year. And the median was 15.80% per year.

As of today (2024-05-06), Artner Co's current stock price is 円2175.00. Artner Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was 円61.10. Artner Co's Cyclically Adjusted Price-to-FCF of today is 35.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Artner Co was 58.21. The lowest was 15.88. And the median was 24.36.


Artner Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Artner 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.

Artner Co Cyclically Adjusted FCF per Share Chart

Artner Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.19 39.37 43.66 50.31 61.10

Artner Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 50.31 54.40 55.29 59.44 61.10

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

For the Staffing & Employment Services subindustry, Artner 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.


Artner Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Artner Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=22.321/106.9000*106.9000
=22.321

Current CPI (Jan. 2024) = 106.9000.

Artner Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 9.551 97.700 10.450
201407 5.969 98.100 6.504
201410 15.035 98.200 16.367
201501 17.640 97.800 19.281
201504 -11.542 98.400 -12.539
201507 5.682 98.300 6.179
201510 23.166 98.500 25.142
201601 11.345 97.700 12.413
201604 -1.154 98.100 -1.258
201607 1.562 97.900 1.706
201610 5.924 98.600 6.423
201701 10.217 98.200 11.122
201704 15.448 98.500 16.765
201707 0.854 98.300 0.929
201710 18.363 98.800 19.868
201801 7.247 99.500 7.786
201804 19.084 99.100 20.586
201807 -0.806 99.200 -0.869
201810 16.719 100.200 17.837
201901 17.407 99.700 18.664
201904 17.310 100.000 18.504
201907 -4.997 99.800 -5.352
201910 23.516 100.400 25.038
202001 17.031 100.500 18.116
202004 17.940 100.200 19.140
202007 12.817 100.000 13.701
202010 22.550 99.800 24.154
202101 26.813 99.800 28.721
202104 10.175 99.100 10.976
202107 19.892 99.700 21.329
202110 24.486 99.900 26.202
202201 17.033 100.300 18.154
202204 22.928 101.500 24.148
202207 13.753 102.300 14.371
202210 14.501 103.700 14.948
202301 29.606 104.700 30.228
202304 41.515 105.100 42.226
202307 2.670 105.700 2.700
202310 38.047 107.100 37.976
202401 22.321 106.900 22.321

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


Artner Co  (TSE:2163) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2175.00/61.1
=35.60

* 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 Artner Co was 58.21. The lowest was 15.88. And the median was 24.36.


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.


Artner Co Cyclically Adjusted FCF per Share Related Terms

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


Artner Co (TSE:2163) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-5-5 Shinyokohama, Sumitomo Realty Shinyokohama Building, 5th Floor, Kohoku-ku Yokohama, Tokyo, JPN, 222-0033
Artner Co Ltd provides technical outsourcing services. The company offers machine designing for automotive machines, electronic and electrical designing for electronic circuit designing, and general controlling software for electronic equipment.

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