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Panasonic Holdings (TSE:6752) Cyclically Adjusted Price-to-FCF : 31.77 (As of Apr. 30, 2024)


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What is Panasonic Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Panasonic Holdings's current share price is 円1338.00. Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円42.11. Panasonic Holdings's Cyclically Adjusted Price-to-FCF for today is 31.77.

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

TSE:6752' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.04   Med: 106.25   Max: 1323.87
Current: 31.78

During the past years, Panasonic Holdings's highest Cyclically Adjusted Price-to-FCF was 1323.87. The lowest was 21.04. And the median was 106.25.

TSE:6752's Cyclically Adjusted Price-to-FCF is ranked worse than
53.75% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs TSE:6752: 31.78

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.

Panasonic Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was 円17.748. 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42.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Cyclically Adjusted Price-to-FCF Chart

Panasonic Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.54 79.65 84.73 31.42 26.46

Panasonic Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.33 26.46 37.67 35.49 33.16

Competitive Comparison of Panasonic Holdings's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Panasonic Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1338.00/42.11
=31.77

* 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.

Panasonic Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Panasonic Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.748/106.8000*106.8000
=17.748

Current CPI (Dec. 2023) = 106.8000.

Panasonic Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 72.225 95.700 80.602
201406 33.117 98.000 36.091
201409 -4.962 98.500 -5.380
201412 63.962 97.900 69.777
201503 23.509 97.900 25.646
201506 13.107 98.400 14.226
201509 -10.041 98.500 -10.887
201512 17.980 98.100 19.575
201603 34.563 97.900 37.705
201606 -22.489 98.100 -24.483
201609 -31.759 98.000 -34.611
201612 3.367 98.400 3.654
201703 69.543 98.100 75.710
201706 -21.886 98.500 -23.730
201709 -21.748 98.800 -23.509
201712 7.841 99.400 8.425
201803 13.327 99.200 14.348
201806 -33.090 99.200 -35.625
201809 -39.866 99.900 -42.620
201812 -18.696 99.700 -20.027
201903 8.020 99.700 8.591
201906 6.647 99.800 7.113
201909 -20.796 100.100 -22.188
201912 29.565 100.500 31.418
202003 21.004 100.300 22.365
202006 -68.537 99.900 -73.271
202009 48.408 99.900 51.751
202012 85.230 99.300 91.667
202103 23.793 99.900 25.436
202106 24.001 99.500 25.762
202109 -65.410 100.100 -69.788
202112 -5.497 100.100 -5.865
202203 27.572 101.100 29.127
202206 20.403 101.800 21.405
202209 2.361 103.100 2.446
202212 4.756 104.100 4.879
202303 37.092 104.400 37.945
202306 39.905 105.200 40.512
202309 9.085 106.200 9.136
202312 17.748 106.800 17.748

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.


Panasonic Holdings  (TSE:6752) 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.


Panasonic Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Panasonic Holdings (TSE:6752) Business Description

Industry
Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (TSE:6752) Headlines

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