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Kitz (TSE:6498) Cyclically Adjusted Price-to-FCF : 24.30 (As of May. 27, 2024)


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What is Kitz Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Kitz's current share price is 円1111.00. Kitz's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円45.72. Kitz's Cyclically Adjusted Price-to-FCF for today is 24.30.

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

TSE:6498' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.82   Med: 24.16   Max: 34.26
Current: 23.93

During the past years, Kitz's highest Cyclically Adjusted Price-to-FCF was 34.26. The lowest was 16.82. And the median was 24.16.

TSE:6498's Cyclically Adjusted Price-to-FCF is ranked better than
64.93% of 1018 companies
in the Industrial Products industry
Industry Median: 33.49 vs TSE:6498: 23.93

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.

Kitz's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円7.560. 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45.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kitz Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kitz'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.

Kitz Cyclically Adjusted Price-to-FCF Chart

Kitz Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.75 26.03 23.79 18.93 20.07

Kitz 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 23.75 25.00 24.14 25.61 29.90

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

For the Specialty Industrial Machinery subindustry, Kitz'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.


Kitz's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Kitz 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1111.00/45.72
=24.30

* 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.

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

For example, Kitz'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)
=7.56/107.2000*107.2000
=7.560

Current CPI (Mar. 2024) = 107.2000.

Kitz Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.770 98.000 5.218
201409 25.801 98.500 28.080
201412 -9.513 97.900 -10.417
201503 22.445 97.900 24.577
201506 -13.556 98.400 -14.768
201509 17.049 98.500 18.555
201512 17.964 98.100 19.630
201603 16.765 97.900 18.358
201606 9.652 98.100 10.547
201609 18.132 98.000 19.834
201612 9.187 98.400 10.009
201703 24.940 98.100 27.253
201706 -13.805 98.500 -15.024
201709 -13.660 98.800 -14.821
201712 -10.194 99.400 -10.994
201803 25.068 99.200 27.090
201806 -37.569 99.200 -40.599
201809 29.777 99.900 31.953
201812 -6.115 99.700 -6.575
201903 16.617 99.700 17.867
201906 -11.572 99.800 -12.430
201909 23.622 100.100 25.297
201912 -7.069 100.500 -7.540
202003 63.971 100.300 68.372
202006 13.864 99.900 14.877
202009 38.203 99.900 40.995
202012 24.459 99.300 26.405
202103 16.108 99.900 17.285
202106 3.680 99.500 3.965
202109 5.444 100.100 5.830
202112 25.880 100.100 27.716
202203 -16.828 101.100 -17.843
202206 7.672 101.800 8.079
202209 9.643 103.100 10.026
202212 12.065 104.100 12.424
202303 25.304 104.400 25.983
202306 3.501 105.200 3.568
202309 7.131 106.200 7.198
202312 43.449 106.800 43.612
202403 7.560 107.200 7.560

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.


Kitz  (TSE:6498) 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.


Kitz Cyclically Adjusted Price-to-FCF Related Terms

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


Kitz (TSE:6498) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577
Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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