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Toho Co (FSE:9602) Cyclically Adjusted Price-to-FCF : 30.17 (As of Jun. 20, 2024)


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What is Toho Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Toho Co's current share price is 円4820.00. Toho Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was 円159.75. Toho Co's Cyclically Adjusted Price-to-FCF for today is 30.17.

The historical rank and industry rank for Toho Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FSE:9602' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.31   Med: 31.58   Max: 38.77
Current: 27.73

During the past years, Toho Co's highest Cyclically Adjusted Price-to-FCF was 38.77. The lowest was 21.31. And the median was 31.58.

FSE:9602's Cyclically Adjusted Price-to-FCF is ranked worse than
70.57% of 367 companies
in the Media - Diversified industry
Industry Median: 16.2 vs FSE:9602: 27.73

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.

Toho Co's adjusted free cash flow per share data for the three months ended in Feb. 2024 was 円48.913. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is 円159.75 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toho Co's Cyclically Adjusted Price-to-FCF 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.

Toho Co Cyclically Adjusted Price-to-FCF Chart

Toho Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 28.70 31.10 30.10 29.11

Toho Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF 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 30.10 34.15 33.66 30.74 29.11

Competitive Comparison of Toho Co's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Toho 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.


Toho Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Toho Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Toho Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4820.00/159.75
=30.17

* 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.

Toho Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Toho Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=48.913/106.9000*106.9000
=48.913

Current CPI (Feb. 2024) = 106.9000.

Toho Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 43.289 98.100 47.172
201408 22.815 98.300 24.811
201411 2.331 97.900 2.545
201502 68.743 97.600 75.293
201505 22.528 98.700 24.400
201508 72.855 98.400 79.148
201511 26.272 98.100 28.629
201602 59.176 97.800 64.682
201605 5.890 98.200 6.412
201608 46.238 97.900 50.489
201611 76.265 98.600 82.685
201702 58.233 98.100 63.457
201705 80.234 98.600 86.988
201708 84.762 98.500 91.990
201711 3.751 99.100 4.046
201802 33.372 99.500 35.854
201805 46.302 99.300 49.846
201808 53.040 99.800 56.813
201811 15.918 100.000 17.016
201902 34.929 99.700 37.451
201905 83.357 100.000 89.109
201908 78.325 100.000 83.729
201911 23.277 100.500 24.759
202002 66.643 100.300 71.028
202005 -98.721 100.100 -105.427
202008 24.857 100.100 26.546
202011 68.125 99.500 73.192
202102 22.699 99.800 24.314
202105 63.426 99.400 68.212
202108 8.781 99.700 9.415
202111 9.713 100.100 10.373
202202 67.836 100.700 72.013
202205 28.222 101.800 29.636
202208 60.125 102.700 62.584
202211 0.274 103.900 0.282
202302 73.534 104.000 75.584
202305 18.622 105.100 18.941
202308 88.150 105.900 88.982
202311 -31.598 106.900 -31.598
202402 48.913 106.900 48.913

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


Toho Co  (FSE:9602) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Toho Co Cyclically Adjusted Price-to-FCF Related Terms

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


Toho Co (FSE:9602) Business Description

Traded in Other Exchanges
Address
1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415
Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

Toho Co (FSE:9602) Headlines

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