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Komatsu (STU:KOM1) Cyclically Adjusted Price-to-FCF : 35.76 (As of May. 25, 2024)


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What is Komatsu Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Komatsu's current share price is €26.82. Komatsu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.75. Komatsu's Cyclically Adjusted Price-to-FCF for today is 35.76.

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

STU:KOM1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.74   Med: 32.03   Max: 64.68
Current: 38.52

During the past years, Komatsu's highest Cyclically Adjusted Price-to-FCF was 64.68. The lowest was 19.74. And the median was 32.03.

STU:KOM1's Cyclically Adjusted Price-to-FCF is ranked worse than
63.16% of 95 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 27.08 vs STU:KOM1: 38.52

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.

Komatsu's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.682. 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 €0.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted Price-to-FCF Chart

Komatsu 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 21.87 36.41 26.28 29.88 36.49

Komatsu 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 29.88 34.32 35.82 31.03 36.49

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

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Komatsu 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.82/0.75
=35.76

* 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.

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

For example, Komatsu'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)
=0.682/107.2000*107.2000
=0.682

Current CPI (Mar. 2024) = 107.2000.

Komatsu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.261 98.000 0.286
201409 0.456 98.500 0.496
201412 -0.069 97.900 -0.076
201503 0.474 97.900 0.519
201506 0.117 98.400 0.127
201509 0.449 98.500 0.489
201512 0.116 98.100 0.127
201603 0.557 97.900 0.610
201606 0.108 98.100 0.118
201609 0.152 98.000 0.166
201612 0.088 98.400 0.096
201703 0.587 98.100 0.641
201706 -0.014 98.500 -0.015
201709 0.023 98.800 0.025
201712 -0.338 99.400 -0.365
201803 0.282 99.200 0.305
201806 -0.347 99.200 -0.375
201809 0.232 99.900 0.249
201812 -0.258 99.700 -0.277
201903 0.464 99.700 0.499
201906 0.121 99.800 0.130
201909 0.268 100.100 0.287
201912 -0.223 100.500 -0.238
202003 0.818 100.300 0.874
202006 0.155 99.900 0.166
202009 0.421 99.900 0.452
202012 0.292 99.300 0.315
202103 0.576 99.900 0.618
202106 0.212 99.500 0.228
202109 0.397 100.100 0.425
202112 -0.116 100.100 -0.124
202203 0.624 101.100 0.662
202206 -0.289 101.800 -0.304
202209 -0.164 103.100 -0.171
202212 0.066 104.100 0.068
202303 0.553 104.400 0.568
202306 0.310 105.200 0.316
202309 0.360 106.200 0.363
202312 0.188 106.800 0.189
202403 0.682 107.200 0.682

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.


Komatsu  (STU:KOM1) 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.


Komatsu Cyclically Adjusted Price-to-FCF Related Terms

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


Komatsu (STU:KOM1) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

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