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Hoya (MEX:7741) Cyclically Adjusted Price-to-FCF : 51.95 (As of Jun. 22, 2024)


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What is Hoya Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Hoya's current share price is MXN2233.79. Hoya's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN43.00. Hoya's Cyclically Adjusted Price-to-FCF for today is 51.95.

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

MEX:7741' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.93   Med: 41.76   Max: 75.65
Current: 51.39

During the past years, Hoya's highest Cyclically Adjusted Price-to-FCF was 75.65. The lowest was 20.93. And the median was 41.76.

MEX:7741's Cyclically Adjusted Price-to-FCF is ranked worse than
60.59% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 41.85 vs MEX:7741: 51.39

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.

Hoya's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN16.634. 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 MXN43.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoya Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hoya'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.

Hoya Cyclically Adjusted Price-to-FCF Chart

Hoya 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 41.01 53.75 50.40 45.07 51.95

Hoya 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 45.07 50.81 44.10 49.84 51.95

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

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hoya 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2233.79/43
=51.95

* 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.

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

For example, Hoya'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)
=16.634/107.2000*107.2000
=16.634

Current CPI (Mar. 2024) = 107.2000.

Hoya Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.051 98.000 4.431
201409 8.323 98.500 9.058
201412 6.579 97.900 7.204
201503 9.641 97.900 10.557
201506 8.402 98.400 9.153
201509 10.372 98.500 11.288
201512 7.981 98.100 8.721
201603 11.925 97.900 13.058
201606 6.239 98.100 6.818
201609 11.476 98.000 12.553
201612 8.060 98.400 8.781
201703 13.164 98.100 14.385
201706 8.744 98.500 9.516
201709 14.311 98.800 15.528
201712 12.605 99.400 13.594
201803 15.665 99.200 16.928
201806 9.412 99.200 10.171
201809 14.138 99.900 15.171
201812 12.772 99.700 13.733
201903 18.282 99.700 19.657
201906 11.586 99.800 12.445
201909 16.478 100.100 17.647
201912 13.171 100.500 14.049
202003 17.789 100.300 19.013
202006 2.084 99.900 2.236
202009 22.212 99.900 23.835
202012 16.148 99.300 17.433
202103 23.039 99.900 24.723
202106 16.547 99.500 17.828
202109 19.892 100.100 21.303
202112 19.926 100.100 21.339
202203 21.552 101.100 22.852
202206 16.460 101.800 17.333
202209 20.519 103.100 21.335
202212 14.248 104.100 14.672
202303 15.399 104.400 15.812
202306 16.515 105.200 16.829
202309 16.234 106.200 16.387
202312 10.850 106.800 10.891
202403 16.634 107.200 16.634

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.


Hoya  (MEX:7741) 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.


Hoya Cyclically Adjusted Price-to-FCF Related Terms

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


Hoya (MEX:7741) Business Description

Traded in Other Exchanges
Address
20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-8347
Hoya Corp is a diversified, multinational company and supplier of innovative and indispensable high-tech and healthcare products. HOYA is active in two core business segments: The Life Care segment and Information Technology segment. The Life Care segment encompasses health care areas such as eyeglass lenses and the operation of contact lens retail stores, as well as medical endoscopes, surgical equipment and artificial bones and implants. Information Technology segment focuses on electronics products for the semiconductor industry and LCD panels, glass disks for HDDs and optical lenses for digital cameras and smartphones.

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