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Nipponnso Holdings (TSE:4091) Cyclically Adjusted FCF per Share : 円145.98 (As of Mar. 2024)


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What is Nipponnso 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.

Nipponnso Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円107.657. 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145.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nipponnso Holdings's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Nipponnso Holdings was 27.20% per year. The lowest was 15.30% per year. And the median was 23.40% per year.

As of today (2024-05-14), Nipponnso Holdings's current stock price is 円4749.00. Nipponnso Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円145.98. Nipponnso Holdings's Cyclically Adjusted Price-to-FCF of today is 32.53.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nipponnso Holdings was 41.70. The lowest was 15.08. And the median was 24.45.


Nipponnso Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nipponnso 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.

Nipponnso Holdings Cyclically Adjusted FCF per Share Chart

Nipponnso 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 86.36 104.76 115.57 132.35 145.98

Nipponnso Holdings 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 132.35 131.71 136.21 137.33 145.98

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

For the Chemicals subindustry, Nipponnso 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.


Nipponnso Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Nipponnso 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, Nipponnso Holdings'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)
=107.657/107.2000*107.2000
=107.657

Current CPI (Mar. 2024) = 107.2000.

Nipponnso Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 -2.234 98.400 -2.434
201509 16.323 98.500 17.765
201512 15.334 98.100 16.756
201603 20.972 97.900 22.964
201606 -0.354 98.100 -0.387
201609 20.582 98.000 22.514
201612 23.359 98.400 25.448
201703 33.023 98.100 36.086
201706 12.429 98.500 13.527
201709 19.847 98.800 21.534
201712 10.378 99.400 11.192
201803 14.960 99.200 16.166
201806 -4.194 99.200 -4.532
201809 17.076 99.900 18.324
201812 0.143 99.700 0.154
201903 43.664 99.700 46.949
201906 33.381 99.800 35.856
201909 45.192 100.100 48.397
201912 20.529 100.500 21.898
202003 79.461 100.300 84.927
202006 13.056 99.900 14.010
202009 44.487 99.900 47.738
202012 45.758 99.300 49.398
202103 102.719 99.900 110.225
202106 20.723 99.500 22.327
202109 56.504 100.100 60.512
202112 31.427 100.100 33.656
202203 62.995 101.100 66.796
202206 27.622 101.800 29.087
202209 40.553 103.100 42.166
202212 38.220 104.100 39.358
202303 115.705 104.400 118.808
202306 19.676 105.200 20.050
202309 60.872 106.200 61.445
202312 37.352 106.800 37.492
202403 107.657 107.200 107.657

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


Nipponnso Holdings  (TSE:4091) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4749.00/145.98
=32.53

* 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 Nipponnso Holdings was 41.70. The lowest was 15.08. And the median was 24.45.


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.


Nipponnso Holdings Cyclically Adjusted FCF per Share Related Terms

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


Nipponnso Holdings (TSE:4091) Business Description

Traded in Other Exchanges
Address
Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558
Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

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