GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Motor Co Ltd (WBO:HOND) » Definitions » Cyclically Adjusted FCF per Share

Honda Motor Co (WBO:HOND) Cyclically Adjusted FCF per Share : €0.41 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Honda Motor 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.

Honda Motor Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.139. 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 €0.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Honda Motor Co's average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 82.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 76.00% 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 Honda Motor Co was 134.00% per year. The lowest was -32.60% per year. And the median was 18.95% per year.

As of today (2024-05-18), Honda Motor Co's current stock price is €7.19. Honda Motor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.41. Honda Motor Co's Cyclically Adjusted Price-to-FCF of today is 17.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Honda Motor Co was 772.84. The lowest was 12.27. And the median was 61.20.


Honda Motor Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Honda Motor 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.

Honda Motor Co Cyclically Adjusted FCF per Share Chart

Honda Motor 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 0.07 0.12 0.36 0.57 0.41

Honda Motor 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 0.57 0.49 0.44 0.51 0.41

Competitive Comparison of Honda Motor Co's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Honda Motor 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.


Honda Motor Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Honda Motor 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, Honda Motor 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)
=0.139/107.2000*107.2000
=0.139

Current CPI (Mar. 2024) = 107.2000.

Honda Motor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.115 98.000 -0.126
201409 0.039 98.500 0.042
201412 0.001 97.900 0.001
201503 0.273 97.900 0.299
201506 0.223 98.400 0.243
201509 0.148 98.500 0.161
201512 0.029 98.100 0.032
201603 0.328 97.900 0.359
201606 0.001 98.100 0.001
201609 0.149 98.000 0.163
201612 -0.202 98.400 -0.220
201703 0.442 98.100 0.483
201706 0.024 98.500 0.026
201709 0.233 98.800 0.253
201712 0.013 99.400 0.014
201803 0.320 99.200 0.346
201806 0.047 99.200 0.051
201809 0.074 99.900 0.079
201812 -0.055 99.700 -0.059
201903 0.184 99.700 0.198
201906 0.062 99.800 0.067
201909 0.168 100.100 0.180
201912 0.077 100.500 0.082
202003 0.296 100.300 0.316
202006 -0.328 99.900 -0.352
202009 0.706 99.900 0.758
202012 0.282 99.300 0.304
202103 0.131 99.900 0.141
202106 -0.166 99.500 -0.179
202109 0.283 100.100 0.303
202112 0.826 100.100 0.885
202203 0.907 101.100 0.962
202206 0.664 101.800 0.699
202209 0.733 103.100 0.762
202212 0.261 104.100 0.269
202303 0.405 104.400 0.416
202306 0.111 105.200 0.113
202309 0.072 106.200 0.073
202312 -0.147 106.800 -0.148
202403 0.139 107.200 0.139

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


Honda Motor Co  (WBO:HOND) 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.

Honda Motor Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.19/0.41
=17.54

* 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 Honda Motor Co was 772.84. The lowest was 12.27. And the median was 61.20.


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.


Honda Motor Co Cyclically Adjusted FCF per Share Related Terms

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


Honda Motor Co (WBO:HOND) Business Description

Address
Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556
Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.

Honda Motor Co (WBO:HOND) Headlines

No Headlines