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Okabe Co (TSE:5959) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Okabe Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Okabe 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.

Okabe Co Cyclically Adjusted Price-to-FCF Chart

Okabe Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Okabe Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Okabe Co's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Okabe 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.


Okabe Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Okabe 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.

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

For example, Okabe Co'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)
=0/107.2000*107.2000
=0.000

Current CPI (Mar. 2024) = 107.2000.

Okabe Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 18.045 98.000 19.739
201409 -2.767 98.500 -3.011
201412 -14.512 97.900 -15.891
201503 -3.943 97.900 -4.318
201506 -4.238 98.400 -4.617
201509 -12.407 98.500 -13.503
201512 -53.674 98.100 -58.653
201603 33.127 97.900 36.274
201606 1.277 98.100 1.395
201609 12.710 98.000 13.903
201612 8.230 98.400 8.966
201703 -1.244 98.100 -1.359
201706 4.134 98.500 4.499
201709 -33.114 98.800 -35.929
201712 14.169 99.400 15.281
201803 -9.894 99.200 -10.692
201806 -22.136 99.200 -23.921
201809 -17.199 99.900 -18.456
201812 0.823 99.700 0.885
201903 10.616 99.700 11.415
201906 6.422 99.800 6.898
201909 5.719 100.100 6.125
201912 18.041 100.500 19.244
202003 0.000 100.300 0.000
202006 0.000 99.900 0.000
202009 0.000 99.900 0.000
202012 0.000 99.300 0.000
202103 0.000 99.900 0.000
202106 0.000 99.500 0.000
202109 0.000 100.100 0.000
202112 0.000 100.100 0.000
202203 0.000 101.100 0.000
202206 0.000 101.800 0.000
202209 0.000 103.100 0.000
202212 0.000 104.100 0.000
202303 0.000 104.400 0.000
202306 0.000 105.200 0.000
202309 0.000 106.200 0.000
202312 0.000 106.800 0.000
202403 0.000 107.200 0.000

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.


Okabe Co  (TSE:5959) 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.


Okabe Co Cyclically Adjusted Price-to-FCF Related Terms

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Okabe Co (TSE:5959) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-8-2, Oshiage, Sumida-ku, Tokyo, JPN
Okabe Co Ltd is a construction and engineering products manufacturer. The company operates its business through its subsidiaries in three segments Construction-related products, Automotive products, and Other businesses. It develops, manufactures and markets temporary building and formwork products. The company designs and sells automotive bolts and screw nuts in the U.S. The company's marine business involves the development, manufacture, and sale of marine materials.

Okabe Co (TSE:5959) Headlines

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