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Sanoh Industrial Co (TSE:6584) Cyclically Adjusted FCF per Share : 円21.92 (As of Dec. 2023)


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What is Sanoh Industrial 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.

Sanoh Industrial Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円58.752. 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21.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sanoh Industrial Co's average Cyclically Adjusted FCF Growth Rate was 144.10% 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.

As of today (2024-06-20), Sanoh Industrial Co's current stock price is 円984.00. Sanoh Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円21.92. Sanoh Industrial Co's Cyclically Adjusted Price-to-FCF of today is 44.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sanoh Industrial Co was 5600.00. The lowest was 20.52. And the median was 73.67.


Sanoh Industrial Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sanoh Industrial 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.

Sanoh Industrial Co Cyclically Adjusted FCF per Share Chart

Sanoh Industrial Co 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 18.86 -0.14 -0.39 -2.04 11.94

Sanoh Industrial Co 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 8.98 11.94 9.77 14.42 21.92

Competitive Comparison of Sanoh Industrial Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Sanoh Industrial 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.


Sanoh Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanoh Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sanoh Industrial 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, Sanoh Industrial Co'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)
=58.752/106.8000*106.8000
=58.752

Current CPI (Dec. 2023) = 106.8000.

Sanoh Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 4.671 95.700 5.213
201406 -9.039 98.000 -9.851
201409 33.190 98.500 35.987
201412 -39.098 97.900 -42.652
201503 71.904 97.900 78.441
201506 -0.934 98.400 -1.014
201509 0.495 98.500 0.537
201512 55.308 98.100 60.213
201603 33.932 97.900 37.017
201606 50.582 98.100 55.068
201609 5.907 98.000 6.437
201612 -6.786 98.400 -7.365
201703 -2.857 98.100 -3.110
201706 18.519 98.500 20.079
201709 -19.425 98.800 -20.998
201712 -43.988 99.400 -47.263
201803 -15.469 99.200 -16.654
201806 -15.442 99.200 -16.625
201809 -12.502 99.900 -13.366
201812 -25.635 99.700 -27.461
201903 -21.596 99.700 -23.134
201906 -42.945 99.800 -45.957
201909 -40.115 100.100 -42.800
201912 59.156 100.500 62.864
202003 62.509 100.300 66.560
202006 14.398 99.900 15.392
202009 -151.532 99.900 -161.998
202012 177.827 99.300 191.258
202103 81.758 99.900 87.405
202106 75.967 99.500 81.540
202109 -45.477 100.100 -48.521
202112 -27.043 100.100 -28.853
202203 -65.108 101.100 -68.779
202206 -25.710 101.800 -26.973
202209 -0.028 103.100 -0.029
202212 21.835 104.100 22.401
202303 -12.031 104.400 -12.308
202306 -27.973 105.200 -28.398
202309 27.948 106.200 28.106
202312 58.752 106.800 58.752

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


Sanoh Industrial Co  (TSE:6584) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=984.00/21.92
=44.89

* 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 Sanoh Industrial Co was 5600.00. The lowest was 20.52. And the median was 73.67.


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.


Sanoh Industrial Co Cyclically Adjusted FCF per Share Related Terms

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


Sanoh Industrial Co (TSE:6584) Business Description

Traded in Other Exchanges
N/A
Address
1-23-23 Ebisu, Shibuya-ku, Tokyo, JPN, 150-0013
Sanoh Industrial Co Ltd operates as an automotive parts manufacturing company in Japan. It is engaged in the manufacture and distribution of tubular products for automobiles and transportation equipment, and automotive plastic products. Its products portfolio includes brazed steel tubing, welded steel tubing, stainless steel tubing, fuel injection rails, mono-layer tubing, multi-layer tubing, various fluid handling systems, quick connectors, and aluminum pipe.

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