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Sumida (TSE:6817) Cyclically Adjusted FCF per Share : 円-20.57 (As of Mar. 2024)


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What is Sumida 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.

Sumida's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-0.513. 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-20.57 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.80% 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 Sumida was 10.20% per year. The lowest was -10.90% per year. And the median was -6.20% per year.

As of today (2024-05-26), Sumida's current stock price is 円1176.00. Sumida's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円-20.57. Sumida's Cyclically Adjusted Price-to-FCF of today is .


Sumida Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sumida'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.

Sumida Cyclically Adjusted FCF per Share Chart

Sumida 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 -42.90 -38.14 -55.05 -51.33 -27.63

Sumida 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 -49.17 -37.68 -36.98 -27.63 -20.57

Competitive Comparison of Sumida's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Sumida'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.


Sumida's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sumida's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sumida 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, Sumida'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)
=-0.513/107.2000*107.2000
=-0.513

Current CPI (Mar. 2024) = 107.2000.

Sumida Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 13.571 98.000 14.845
201409 -127.176 98.500 -138.409
201412 -22.961 97.900 -25.142
201503 -72.466 97.900 -79.350
201506 82.633 98.400 90.023
201509 58.593 98.500 63.768
201512 -22.790 98.100 -24.904
201603 23.006 97.900 25.191
201606 44.289 98.100 48.397
201609 39.249 98.000 42.934
201612 32.707 98.400 35.632
201703 44.376 98.100 48.492
201706 -55.010 98.500 -59.869
201709 -102.261 98.800 -110.955
201712 -99.309 99.400 -107.102
201803 -29.084 99.200 -31.429
201806 -38.795 99.200 -41.924
201809 -45.709 99.900 -49.049
201812 -67.993 99.700 -73.108
201903 13.201 99.700 14.194
201906 16.474 99.800 17.696
201909 -5.847 100.100 -6.262
201912 -8.016 100.500 -8.550
202003 34.807 100.300 37.201
202006 -8.029 99.900 -8.616
202009 -56.336 99.900 -60.453
202012 115.368 99.300 124.546
202103 -14.216 99.900 -15.255
202106 29.057 99.500 31.306
202109 -84.323 100.100 -90.304
202112 -156.211 100.100 -167.291
202203 -83.842 101.100 -88.901
202206 43.686 101.800 46.003
202209 9.414 103.100 9.788
202212 81.930 104.100 84.370
202303 35.683 104.400 36.640
202306 104.627 105.200 106.616
202309 67.838 106.200 68.477
202312 35.406 106.800 35.539
202403 -0.513 107.200 -0.513

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


Sumida  (TSE:6817) 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.


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.


Sumida Cyclically Adjusted FCF per Share Related Terms

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


Sumida (TSE:6817) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sumida Corp (TSE:6817) » Definitions » Cyclically Adjusted FCF per Share
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Harumi Island Triton, 14th Floor, Square Office Tower X, 1-8-10, Harumi, Chuo-Ku, Tokyo, JPN, 104-8547
Sumida Corp designs, manufactures, and sells electronic components and modules for consumer electronics, automotive, and industrial markets in Japan, rest of Asia, Europe, and North and South America. Its products include audio and visual devices, office automation equipment, automotive-related and industrial equipment, and other electronic components. It also provides the complimentary products and services such as magnetic materials, ceramics, flexible connectors and electronic manufacturing services (EMS).

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