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Makita (TSE:6586) Cyclically Adjusted Price-to-FCF : 27.45 (As of May. 21, 2024)


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What is Makita Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Makita's current share price is 円4787.00. Makita's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円174.42. Makita's Cyclically Adjusted Price-to-FCF for today is 27.45.

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

TSE:6586' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.75   Med: 35.1   Max: 57.41
Current: 27.65

During the past years, Makita's highest Cyclically Adjusted Price-to-FCF was 57.41. The lowest was 23.75. And the median was 35.10.

TSE:6586's Cyclically Adjusted Price-to-FCF is ranked better than
57.54% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs TSE:6586: 27.65

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.

Makita's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円172.249. 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174.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Makita Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Makita'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.

Makita Cyclically Adjusted Price-to-FCF Chart

Makita 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 29.64 37.16 45.02 34.28 24.49

Makita 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 34.28 34.82 27.52 24.54 24.49

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

For the Tools & Accessories subindustry, Makita'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.


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

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

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



Makita 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4787.00/174.42
=27.45

* 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.

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

For example, Makita'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)
=172.249/107.2000*107.2000
=172.249

Current CPI (Mar. 2024) = 107.2000.

Makita Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.894 98.000 6.447
201409 53.125 98.500 57.817
201412 31.863 97.900 34.890
201503 -3.323 97.900 -3.639
201506 -1.370 98.400 -1.493
201509 16.079 98.500 17.499
201512 47.394 98.100 51.790
201603 20.506 97.900 22.454
201606 29.310 98.100 32.029
201609 61.237 98.000 66.986
201612 60.363 98.400 65.761
201703 33.736 98.100 36.865
201706 12.037 98.500 13.100
201709 38.454 98.800 41.723
201712 52.490 99.400 56.609
201803 22.954 99.200 24.805
201806 6.972 99.200 7.534
201809 10.586 99.900 11.360
201812 37.373 99.700 40.184
201903 30.356 99.700 32.640
201906 14.331 99.800 15.394
201909 74.664 100.100 79.960
201912 76.246 100.500 81.329
202003 45.835 100.300 48.988
202006 48.258 99.900 51.784
202009 127.527 99.900 136.846
202012 70.814 99.300 76.448
202103 -8.916 99.900 -9.568
202106 -68.940 99.500 -74.275
202109 -40.625 100.100 -43.506
202112 -100.312 100.100 -107.427
202203 -171.880 101.100 -182.251
202206 42.993 101.800 45.274
202209 -80.747 103.100 -83.958
202212 34.820 104.100 35.857
202303 166.556 104.400 171.023
202306 192.994 105.200 196.663
202309 237.568 106.200 239.805
202312 277.139 106.800 278.177
202403 172.249 107.200 172.249

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.


Makita  (TSE:6586) 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.


Makita Cyclically Adjusted Price-to-FCF Related Terms

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


Makita (TSE:6586) Business Description

Industry
Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

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