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INES (TSE:9742) Cyclically Adjusted FCF per Share : 円14.17 (As of Dec. 2024)


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What is INES 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.

INES's adjusted free cash flow per share for the three months ended in Dec. 2024 was 円-68.218. 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14.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, INES's average Cyclically Adjusted FCF Growth Rate was -16.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.80% 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 INES was 43.50% per year. The lowest was -3.00% per year. And the median was 5.60% per year.

As of today (2025-04-25), INES's current stock price is 円1640.00. INES's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was 円14.17. INES's Cyclically Adjusted Price-to-FCF of today is 115.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of INES was 132.04. The lowest was 22.23. And the median was 50.81.


INES Cyclically Adjusted FCF per Share Historical Data

The historical data trend for INES'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.

INES Cyclically Adjusted FCF per Share Chart

INES 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 15.44 15.70 32.44 45.67 14.41

INES 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 16.87 14.41 21.28 18.08 14.17

Competitive Comparison of INES's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, INES'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.


INES's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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


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INES 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, INES'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)
=-68.218/110.7000*110.7000
=-68.218

Current CPI (Dec. 2024) = 110.7000.

INES Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -22.555 97.900 -25.504
201506 166.885 98.400 187.746
201509 -79.285 98.500 -89.105
201512 -12.527 98.100 -14.136
201603 -40.315 97.900 -45.586
201606 322.839 98.100 364.305
201609 -111.239 98.000 -125.655
201612 -18.551 98.400 -20.870
201703 -15.892 98.100 -17.933
201706 184.862 98.500 207.759
201709 -84.383 98.800 -94.547
201712 -40.602 99.400 -45.218
201803 -66.309 99.200 -73.996
201806 173.202 99.200 193.281
201809 -71.321 99.900 -79.031
201812 -15.073 99.700 -16.736
201903 -24.857 99.700 -27.599
201906 194.361 99.800 215.589
201909 -98.450 100.100 -108.875
201912 -22.017 100.500 -24.252
202003 -116.619 100.300 -128.711
202006 185.226 99.900 205.250
202009 -122.500 99.900 -135.743
202012 -16.863 99.300 -18.799
202103 -22.969 99.900 -25.452
202106 271.169 99.500 301.693
202109 -106.241 100.100 -117.491
202112 33.260 100.100 36.782
202203 4.840 101.100 5.300
202206 242.016 101.800 263.175
202209 -134.305 103.100 -144.205
202212 -52.852 104.100 -56.203
202303 -21.157 104.400 -22.434
202306 277.815 105.200 292.340
202309 -578.646 106.200 -603.165
202312 -71.525 106.800 -74.137
202403 -37.730 107.200 -38.962
202406 206.837 108.200 211.616
202409 -98.928 108.900 -100.563
202412 -68.218 110.700 -68.218

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


INES  (TSE:9742) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1640.00/14.17
=115.74

* 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 INES was 132.04. The lowest was 22.23. And the median was 50.81.


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.


INES Cyclically Adjusted FCF per Share Related Terms

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


INES Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » INES Corp (TSE:9742) » Definitions » Cyclically Adjusted FCF per Share
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Address
3-10-1, Harumi, Chuo-ku, Tokyo, JPN, 104-0053
INES Corp is a provider of information network system services. The company's offerings consist of design and development, operation, and maintenance which include hardware procurement, software development, staff training, and education, enterprise resource planning consulting, and outsourcing services.

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