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Kyowa Kirin Co (TSE:4151) Cyclically Adjusted Price-to-FCF : 32.88 (As of May. 26, 2024)


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What is Kyowa Kirin Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Kyowa Kirin Co's current share price is 円2568.00. Kyowa Kirin Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was 円78.11. Kyowa Kirin Co's Cyclically Adjusted Price-to-FCF for today is 32.88.

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

TSE:4151' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.62   Med: 38.22   Max: 75.08
Current: 32.87

During the past years, Kyowa Kirin Co's highest Cyclically Adjusted Price-to-FCF was 75.08. The lowest was 29.62. And the median was 38.22.

TSE:4151's Cyclically Adjusted Price-to-FCF is ranked worse than
50.8% of 313 companies
in the Drug Manufacturers industry
Industry Median: 33.08 vs TSE:4151: 32.87

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.

Kyowa Kirin Co's adjusted free cash flow per share data for the three months ended in Sep. 2023 was 円32.212. 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78.11 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyowa Kirin Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kyowa Kirin 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.

Kyowa Kirin Co Cyclically Adjusted Price-to-FCF Chart

Kyowa Kirin Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.17 40.67 52.58 44.67 44.98

Kyowa Kirin Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 47.58 44.98 40.81 35.31 33.34

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

For the Drug Manufacturers - General subindustry, Kyowa Kirin 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.


Kyowa Kirin Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kyowa Kirin Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kyowa Kirin 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2568.00/78.11
=32.88

* 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.

Kyowa Kirin Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Kyowa Kirin Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=32.212/106.2000*106.2000
=32.212

Current CPI (Sep. 2023) = 106.2000.

Kyowa Kirin Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 95.600 0.000
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 23.697 98.100 25.654
201706 15.855 98.500 17.094
201709 24.744 98.800 26.597
201712 13.399 99.400 14.316
201803 33.744 99.200 36.125
201806 15.397 99.200 16.483
201809 19.900 99.900 21.155
201812 9.599 99.700 10.225
201903 7.467 99.700 7.954
201906 14.379 99.800 15.301
201909 14.459 100.100 15.340
201912 24.256 100.500 25.632
202003 -5.480 100.300 -5.802
202006 10.920 99.900 11.609
202009 2.573 99.900 2.735
202012 -0.061 99.300 -0.065
202103 18.336 99.900 19.492
202106 11.791 99.500 12.585
202109 88.460 100.100 93.851
202112 5.651 100.100 5.995
202203 6.664 101.100 7.000
202206 18.706 101.800 19.515
202209 13.456 103.100 13.861
202212 -1.611 104.100 -1.643
202303 37.975 104.400 38.630
202306 44.995 105.200 45.423
202309 32.212 106.200 32.212

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.


Kyowa Kirin Co  (TSE:4151) 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.


Kyowa Kirin Co Cyclically Adjusted Price-to-FCF Related Terms

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Kyowa Kirin Co (TSE:4151) Business Description

Traded in Other Exchanges
Address
1-9-2,Otemachi, Chiyoda-ku, Otemachi Financial City Grand Cube, Tokyo, JPN, 100-0004
Kyowa Kirin Co Ltd is a drug manufacturing company that focuses on biologic medicines. Its operations emphasize four categories: nephrology, oncology, immunology and allergy, and the central nervous system. The company has two reportable segments, Pharmaceuticals and Biochemicals. The pharmaceuticals business manufactures and sells ethical pharmaceuticals, diagnostic reagents, and other products. The biochemicals business manufactures and sells raw materials for pharmaceutical and industrial use, mainly amino acids, nucleic acids and related compounds, healthcare products, and others.

Kyowa Kirin Co (TSE:4151) Headlines

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