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F.C.C. Co (TSE:7296) Cyclically Adjusted FCF per Share : 円197.62 (As of Mar. 2024)


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What is F.C.C. 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.

F.C.C. Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円131.850. 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197.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, F.C.C. Co's average Cyclically Adjusted FCF Growth Rate was 26.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% 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 F.C.C. Co was 11.10% per year. The lowest was -1.00% per year. And the median was 5.35% per year.

As of today (2024-05-23), F.C.C. Co's current stock price is 円2161.00. F.C.C. Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円197.62. F.C.C. Co's Cyclically Adjusted Price-to-FCF of today is 10.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of F.C.C. Co was 31.07. The lowest was 8.59. And the median was 11.99.


F.C.C. Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for F.C.C. 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.

F.C.C. Co Cyclically Adjusted FCF per Share Chart

F.C.C. Co 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 160.58 144.13 139.23 155.77 197.62

F.C.C. Co 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 155.77 161.80 175.34 188.46 197.62

Competitive Comparison of F.C.C. Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, F.C.C. 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.


F.C.C. Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



F.C.C. 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, F.C.C. Co'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)
=131.85/107.2000*107.2000
=131.850

Current CPI (Mar. 2024) = 107.2000.

F.C.C. Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -27.935 98.000 -30.557
201409 -41.064 98.500 -44.691
201412 -66.032 97.900 -72.305
201503 -16.000 97.900 -17.520
201506 36.782 98.400 40.071
201509 12.513 98.500 13.618
201512 31.920 98.100 34.881
201603 67.227 97.900 73.613
201606 51.227 98.100 55.979
201609 21.818 98.000 23.866
201612 65.394 98.400 71.242
201703 26.281 98.100 28.719
201706 81.892 98.500 89.125
201709 2.650 98.800 2.875
201712 72.587 99.400 78.283
201803 16.717 99.200 18.065
201806 35.845 99.200 38.736
201809 38.296 99.900 41.094
201812 74.042 99.700 79.612
201903 93.522 99.700 100.557
201906 68.729 99.800 73.825
201909 69.534 100.100 74.466
201912 95.013 100.500 101.347
202003 72.392 100.300 77.372
202006 -5.575 99.900 -5.982
202009 9.359 99.900 10.043
202012 6.018 99.300 6.497
202103 111.637 99.900 119.795
202106 64.001 99.500 68.954
202109 28.170 100.100 30.168
202112 -7.045 100.100 -7.545
202203 6.416 101.100 6.803
202206 7.907 101.800 8.326
202209 45.010 103.100 46.800
202212 84.320 104.100 86.831
202303 113.497 104.400 116.541
202306 84.039 105.200 85.637
202309 154.779 106.200 156.236
202312 162.368 106.800 162.976
202403 131.850 107.200 131.850

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


F.C.C. Co  (TSE:7296) 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.

F.C.C. Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2161.00/197.62
=10.94

* 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 F.C.C. Co was 31.07. The lowest was 8.59. And the median was 11.99.


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.


F.C.C. Co Cyclically Adjusted FCF per Share Related Terms

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


F.C.C. Co (TSE:7296) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7000-36 Nakagawa, Hosoe-cho Kita-ku Hamamatsu-shi, Shizuoka-ken, JPN, 431-1394
F.C.C. Co Ltd is a manufacturer of clutches for automobiles and motorcycles. The company operates two business segments: motorcycle clutches and automobile clutches. In its motorcycle clutches division, F.C.C. manufactures and sells motorcycle, scooter, all-terrain vehicle, and general purpose clutches. The automotive clutches division is in the business of producing and selling clutches for automatic and manual transmission vehicles. Its main customers are Honda Motor and Ford, and its largest end markets are the United States. The remaining operations are located in the Asia-Pacific region.

F.C.C. Co (TSE:7296) Headlines

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