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T.RAD Co (TSE:7236) Cyclically Adjusted FCF per Share : 円-4.30 (As of Dec. 2023)


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What is T.RAD 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.

T.RAD Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円84.199. 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-4.30 for the trailing ten years ended in Dec. 2023.

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 (2024-06-10), T.RAD Co's current stock price is 円3535.00. T.RAD Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円-4.30. T.RAD Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of T.RAD Co was 401.36. The lowest was 15.36. And the median was 35.70.


T.RAD Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for T.RAD 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.

T.RAD Co Cyclically Adjusted FCF per Share Chart

T.RAD 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 105.71 3.69 -15.94 -44.99 -93.19

T.RAD 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 -64.46 -93.19 -94.67 -18.34 -4.30

Competitive Comparison of T.RAD Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, T.RAD 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.


T.RAD Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.RAD Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where T.RAD Co's Cyclically Adjusted Price-to-FCF falls into.



T.RAD 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, T.RAD 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)
=84.199/106.8000*106.8000
=84.199

Current CPI (Dec. 2023) = 106.8000.

T.RAD Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.382 95.700 -4.890
201406 -144.352 98.000 -157.314
201409 -69.499 98.500 -75.355
201412 -10.711 97.900 -11.685
201503 -232.015 97.900 -253.107
201506 -210.956 98.400 -228.964
201509 -77.176 98.500 -83.679
201512 -25.685 98.100 -27.963
201603 -52.837 97.900 -57.640
201606 -55.295 98.100 -60.199
201609 -110.786 98.000 -120.734
201612 337.716 98.400 366.545
201703 -130.446 98.100 -142.015
201706 140.686 98.500 152.541
201709 181.613 98.800 196.319
201712 47.601 99.400 51.145
201803 82.663 99.200 88.996
201806 -15.203 99.200 -16.368
201809 90.327 99.900 96.566
201812 75.126 99.700 80.476
201903 20.101 99.700 21.532
201906 7.787 99.800 8.333
201909 -554.176 100.100 -591.269
201912 -7.917 100.500 -8.413
202003 -118.072 100.300 -125.724
202006 40.839 99.900 43.660
202009 -171.227 99.900 -183.053
202012 375.345 99.300 403.694
202103 -16.307 99.900 -17.433
202106 286.149 99.500 307.143
202109 4.058 100.100 4.330
202112 78.477 100.100 83.730
202203 -178.770 101.100 -188.849
202206 117.080 101.800 122.830
202209 -31.863 103.100 -33.006
202212 -173.540 104.100 -178.041
202303 -290.466 104.400 -297.143
202306 -28.366 105.200 -28.797
202309 732.476 106.200 736.614
202312 84.199 106.800 84.199

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


T.RAD Co  (TSE:7236) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of T.RAD Co was 401.36. The lowest was 15.36. And the median was 35.70.


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.


T.RAD Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of T.RAD Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


T.RAD Co (TSE:7236) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Aioi Insurance Shinjyuku Bldg., 3-25-3,Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
T.RAD Co Ltd engages in manufacture and sale of automobile parts and other machinery. Its services include the manufacturing and marketing of heat exchangers for automobiles, construction, and industrial machines, air conditioners, distributed generators, parts for automobiles, environment-related equipment, and others. The firm's main products consist of radiators, oil coolers, EGR coolers, intercoolers, recuperators, fin coils for air conditioners, and other heat exchangers.

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