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ValueCommerce Co (TSE:2491) Cyclically Adjusted FCF per Share : 円101.01 (As of Mar. 2024)


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What is ValueCommerce 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.

ValueCommerce Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円40.819. 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101.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ValueCommerce Co's average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 28.30% 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 ValueCommerce Co was 32.60% per year. The lowest was 22.40% per year. And the median was 30.50% per year.

As of today (2024-06-25), ValueCommerce Co's current stock price is 円1218.00. ValueCommerce Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円101.01. ValueCommerce Co's Cyclically Adjusted Price-to-FCF of today is 12.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ValueCommerce Co was 97.51. The lowest was 9.97. And the median was 52.46.


ValueCommerce Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ValueCommerce 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.

ValueCommerce Co Cyclically Adjusted FCF per Share Chart

ValueCommerce Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.13 52.51 66.48 86.98 96.30

ValueCommerce Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 89.19 92.74 92.35 96.30 101.01

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

For the Advertising Agencies subindustry, ValueCommerce 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.


ValueCommerce Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ValueCommerce Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ValueCommerce 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, ValueCommerce 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)
=40.819/107.2000*107.2000
=40.819

Current CPI (Mar. 2024) = 107.2000.

ValueCommerce Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.267 98.000 14.512
201409 3.784 98.500 4.118
201412 11.506 97.900 12.599
201503 -1.612 97.900 -1.765
201506 9.778 98.400 10.652
201509 8.691 98.500 9.459
201512 8.857 98.100 9.679
201603 1.956 97.900 2.142
201606 5.365 98.100 5.863
201609 -9.674 98.000 -10.582
201612 9.358 98.400 10.195
201703 10.373 98.100 11.335
201706 14.007 98.500 15.244
201709 8.538 98.800 9.264
201712 23.626 99.400 25.480
201803 2.129 99.200 2.301
201806 29.488 99.200 31.866
201809 9.624 99.900 10.327
201812 35.013 99.700 37.647
201903 13.590 99.700 14.612
201906 39.465 99.800 42.391
201909 16.795 100.100 17.986
201912 39.619 100.500 42.260
202003 17.291 100.300 18.481
202006 44.496 99.900 47.747
202009 24.956 99.900 26.780
202012 72.855 99.300 78.651
202103 13.620 99.900 14.615
202106 60.819 99.500 65.526
202109 16.729 100.100 17.916
202112 63.036 100.100 67.507
202203 41.944 101.100 44.475
202206 78.914 101.800 83.100
202209 18.673 103.100 19.416
202212 59.316 104.100 61.082
202303 17.039 104.400 17.496
202306 42.916 105.200 43.732
202309 -6.645 106.200 -6.708
202312 41.747 106.800 41.903
202403 40.819 107.200 40.819

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


ValueCommerce Co  (TSE:2491) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1218.00/101.01
=12.06

* 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 ValueCommerce Co was 97.51. The lowest was 9.97. And the median was 52.46.


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.


ValueCommerce Co Cyclically Adjusted FCF per Share Related Terms

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


ValueCommerce Co (TSE:2491) Business Description

Traded in Other Exchanges
N/A
Address
Nihonseimei Akasaka Building 5F, 8-1-19 Akasaka, Minato, Tokyo, JPN, 107-0052
ValueCommerce Co Ltd is a Japan-based information technology company engaged in the provision of internet advertising delivery services. The company's service portfolio comprises affiliate marketing service, StoreMatch service and Store's R8. The affiliate marketing service provides compensation based on the performances of advertising for e-commerce sites. The StoreMatch Service provides pay-per-click internet advertising for stores listing on online shopping malls. The Store's R8 service is a marketing automation system customized for Yahoo! shopping.

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