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Makita (TSE:6586) Cyclically Adjusted FCF per Share : 円197.03 (As of Sep. 2024)


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What is Makita 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.

Makita's adjusted free cash flow per share for the three months ended in Sep. 2024 was 円148.439. 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197.03 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Makita's average Cyclically Adjusted FCF Growth Rate was 46.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Makita was 11.00% per year. The lowest was -7.90% per year. And the median was 2.80% per year.

As of today (2024-12-13), Makita's current stock price is 円4894.00. Makita's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was 円197.03. Makita's Cyclically Adjusted Price-to-FCF of today is 24.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Makita was 57.41. The lowest was 22.25. And the median was 35.72.


Makita Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Makita'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.

Makita Cyclically Adjusted FCF per Share Chart

Makita 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 111.84 127.69 87.41 95.67 174.42

Makita Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 134.15 158.49 174.42 186.85 197.03

Competitive Comparison of Makita's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, Makita'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.


Makita's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Makita's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=148.439/108.9000*108.9000
=148.439

Current CPI (Sep. 2024) = 108.9000.

Makita Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 31.863 97.900 35.443
201503 -3.323 97.900 -3.696
201506 -1.370 98.400 -1.516
201509 16.079 98.500 17.777
201512 47.394 98.100 52.612
201603 20.506 97.900 22.810
201606 29.310 98.100 32.537
201609 61.237 98.000 68.048
201612 60.363 98.400 66.804
201703 33.736 98.100 37.450
201706 12.037 98.500 13.308
201709 38.454 98.800 42.385
201712 52.490 99.400 57.507
201803 22.954 99.200 25.198
201806 6.972 99.200 7.654
201809 10.586 99.900 11.540
201812 37.373 99.700 40.822
201903 30.356 99.700 33.157
201906 14.331 99.800 15.638
201909 74.664 100.100 81.228
201912 76.246 100.500 82.619
202003 45.835 100.300 49.765
202006 48.258 99.900 52.606
202009 127.527 99.900 139.016
202012 70.814 99.300 77.660
202103 -8.916 99.900 -9.719
202106 -68.940 99.500 -75.453
202109 -40.625 100.100 -44.196
202112 -100.312 100.100 -109.131
202203 -171.880 101.100 -185.141
202206 42.993 101.800 45.992
202209 -80.747 103.100 -85.290
202212 34.820 104.100 36.426
202303 166.556 104.400 173.735
202306 192.994 105.200 199.782
202309 237.568 106.200 243.608
202312 277.139 106.800 282.588
202403 172.249 107.200 174.981
202406 114.549 108.200 115.290
202409 148.439 108.900 148.439

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


Makita  (TSE:6586) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4894.00/197.03
=24.84

* 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 Makita was 57.41. The lowest was 22.25. And the median was 35.72.


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.


Makita Cyclically Adjusted FCF per Share Related Terms

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


Makita Business Description

Industry
Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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