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Hitachi (Hitachi) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Hitachi Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted Price-to-FCF Chart

Hitachi Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 296.72 -

Hitachi Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 296.72 176.24 137.60 87.89 -

Competitive Comparison of Hitachi's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hitachi 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.

Hitachi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hitachi'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)
=4.357/107.2000*107.2000
=4.357

Current CPI (Mar. 2024) = 107.2000.

Hitachi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.832 98.000 -2.004
201409 -3.131 98.500 -3.408
201412 -5.116 97.900 -5.602
201503 1.180 97.900 1.292
201506 -1.979 98.400 -2.156
201509 -1.343 98.500 -1.462
201512 -2.938 98.100 -3.211
201603 2.855 97.900 3.126
201606 -2.747 98.100 -3.002
201609 -0.838 98.000 -0.917
201612 -0.107 98.400 -0.117
201703 1.951 98.100 2.132
201706 0.559 98.500 0.608
201709 0.636 98.800 0.690
201712 1.705 99.400 1.839
201803 2.470 99.200 2.669
201806 0.210 99.200 0.227
201809 -0.716 99.900 -0.768
201812 -2.288 99.700 -2.460
201903 5.384 99.700 5.789
201906 -0.364 99.800 -0.391
201909 0.299 100.100 0.320
201912 0.258 100.500 0.275
202003 2.488 100.300 2.659
202006 1.554 99.900 1.668
202009 -0.588 99.900 -0.631
202012 2.613 99.300 2.821
202103 4.528 99.900 4.859
202106 0.743 99.500 0.800
202109 -1.561 100.100 -1.672
202112 -0.090 100.100 -0.096
202203 5.902 101.100 6.258
202206 0.083 101.800 0.087
202209 0.282 103.100 0.293
202212 0.793 104.100 0.817
202303 5.449 104.400 5.595
202306 0.439 105.200 0.447
202309 1.339 106.200 1.352
202312 2.208 106.800 2.216
202403 4.357 107.200 4.357

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.


Hitachi  (OTCPK:HTHIY) 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.


Hitachi Cyclically Adjusted Price-to-FCF Related Terms

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Hitachi (Hitachi) Business Description

Industry
Traded in Other Exchanges
Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.