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Nihon Dempa Kogyo Co (TSE:6779) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Nihon Dempa Kogyo Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Dempa Kogyo Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nihon Dempa Kogyo 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.

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Nihon Dempa Kogyo Co Cyclically Adjusted Price-to-FCF Chart

Nihon Dempa Kogyo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Nihon Dempa Kogyo Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Nihon Dempa Kogyo Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Nihon Dempa Kogyo 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.


Nihon Dempa Kogyo Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nihon Dempa Kogyo Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nihon Dempa Kogyo 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.

Nihon Dempa Kogyo Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nihon Dempa Kogyo Co'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)
=-36.383/106.8000*106.8000
=-36.383

Current CPI (Dec. 2023) = 106.8000.

Nihon Dempa Kogyo Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 39.128 95.700 43.666
201406 24.659 98.000 26.873
201409 -33.474 98.500 -36.295
201412 -30.990 97.900 -33.807
201503 -3.465 97.900 -3.780
201506 95.022 98.400 103.134
201509 3.465 98.500 3.757
201512 44.737 98.100 48.705
201603 56.201 97.900 61.310
201606 66.901 98.100 72.834
201609 -3.923 98.000 -4.275
201612 -99.664 98.400 -108.172
201703 -62.927 98.100 -68.508
201706 -29.502 98.500 -31.988
201709 -114.446 98.800 -123.713
201712 -187.822 99.400 -201.805
201803 -91.057 99.200 -98.033
201806 23.389 99.200 25.181
201809 -82.085 99.900 -87.755
201812 -51.465 99.700 -55.130
201903 14.675 99.700 15.720
201906 37.911 99.800 40.570
201909 -81.682 100.100 -87.149
201912 -15.439 100.500 -16.407
202003 -3.873 100.300 -4.124
202006 -106.706 99.900 -114.076
202009 -95.648 99.900 -102.254
202012 12.157 99.300 13.075
202103 34.728 99.900 37.127
202106 14.778 99.500 15.862
202109 25.316 100.100 27.010
202112 -8.276 100.100 -8.830
202203 22.772 101.100 24.056
202206 32.956 101.800 34.575
202209 11.934 103.100 12.362
202212 -22.700 104.100 -23.289
202303 120.763 104.400 123.539
202306 143.635 105.200 145.820
202309 45.998 106.200 46.258
202312 -36.383 106.800 -36.383

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.


Nihon Dempa Kogyo Co  (TSE:6779) 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.


Nihon Dempa Kogyo Co Cyclically Adjusted Price-to-FCF Related Terms

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Nihon Dempa Kogyo Co (TSE:6779) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Merkmal Keio Sasazuka Building, 1-47-1, Sasazuka, Shibuya-ku, Tokyo, JPN, 151-8569
Nihon Dempa Kogyo Co., Ltd. is a Japanese based company engaged in the manufacturing and sale of quartz crystal devices. Its product portfolio includes crystal unit, crystal clock oscillators, simple packaged crystal oscillators (SPXO), crystal filters, temperature compensated crystal oscillators (TCXO), bio sensor, frequency synthesizer, crystal blank, optical low-pass filter, ultrasonic probe among others. Its products are used in automotive, smartphone, network equipment, digital camera, game console, personal computers and digital consumer electronics. Its market coverage includes sales in Japan, America, Europe, and Asia.

Nihon Dempa Kogyo Co (TSE:6779) Headlines

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