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JVCKenwood (TSE:6632) Cyclically Adjusted FCF per Share : 円40.79 (As of Dec. 2024)


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What is JVCKenwood 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.

JVCKenwood's adjusted free cash flow per share for the three months ended in Dec. 2024 was 円35.457. 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40.79 for the trailing ten years ended in Dec. 2024.

During the past 12 months, JVCKenwood's average Cyclically Adjusted FCF Growth Rate was 35.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 37.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% 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 JVCKenwood was 37.60% per year. The lowest was -27.30% per year. And the median was 7.00% per year.

As of today (2025-04-25), JVCKenwood's current stock price is 円1033.00. JVCKenwood's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was 円40.79. JVCKenwood's Cyclically Adjusted Price-to-FCF of today is 25.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JVCKenwood was 80.36. The lowest was 10.23. And the median was 22.60.


JVCKenwood Cyclically Adjusted FCF per Share Historical Data

The historical data trend for JVCKenwood'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.

JVCKenwood Cyclically Adjusted FCF per Share Chart

JVCKenwood 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 9.20 12.39 7.36 20.26 32.29

JVCKenwood Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 30.22 32.29 36.46 35.74 40.79

Competitive Comparison of JVCKenwood's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=35.457/110.7000*110.7000
=35.457

Current CPI (Dec. 2024) = 110.7000.

JVCKenwood Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -8.128 97.900 -9.191
201506 1.897 98.400 2.134
201509 -4.284 98.500 -4.815
201512 -24.908 98.100 -28.107
201603 8.183 97.900 9.253
201606 -22.260 98.100 -25.119
201609 -12.594 98.000 -14.226
201612 -20.741 98.400 -23.334
201703 49.931 98.100 56.344
201706 16.855 98.500 18.943
201709 -2.792 98.800 -3.128
201712 -12.775 99.400 -14.227
201803 1.231 99.200 1.374
201806 -10.071 99.200 -11.239
201809 22.210 99.900 24.611
201812 -20.151 99.700 -22.374
201903 10.265 99.700 11.398
201906 17.781 99.800 19.723
201909 6.801 100.100 7.521
201912 -16.433 100.500 -18.101
202003 -4.935 100.300 -5.447
202006 -1.696 99.900 -1.879
202009 42.284 99.900 46.855
202012 35.916 99.300 40.039
202103 57.186 99.900 63.368
202106 -14.145 99.500 -15.737
202109 -44.139 100.100 -48.813
202112 -29.166 100.100 -32.255
202203 32.761 101.100 35.872
202206 -9.139 101.800 -9.938
202209 11.279 103.100 12.110
202212 46.790 104.100 49.757
202303 66.550 104.400 70.566
202306 -19.797 105.200 -20.832
202309 32.583 106.200 33.964
202312 80.164 106.800 83.091
202403 67.548 107.200 69.753
202406 23.714 108.200 24.262
202409 0.263 108.900 0.267
202412 35.457 110.700 35.457

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


JVCKenwood  (TSE:6632) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1033.00/40.79
=25.32

* 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 JVCKenwood was 80.36. The lowest was 10.23. And the median was 22.60.


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.


JVCKenwood Cyclically Adjusted FCF per Share Related Terms

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


JVCKenwood Business Description

Traded in Other Exchanges
Address
3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

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