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Hosiden (TSE:6804) Cyclically Adjusted Price-to-FCF : 19.64 (As of Jun. 18, 2024)


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What is Hosiden Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Hosiden's current share price is 円2100.00. Hosiden's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円106.92. Hosiden's Cyclically Adjusted Price-to-FCF for today is 19.64.

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

TSE:6804' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.45   Med: 22.07   Max: 66.11
Current: 18.99

During the past years, Hosiden's highest Cyclically Adjusted Price-to-FCF was 66.11. The lowest was 7.45. And the median was 22.07.

TSE:6804's Cyclically Adjusted Price-to-FCF is ranked better than
72.07% of 1031 companies
in the Industrial Products industry
Industry Median: 32.08 vs TSE:6804: 18.99

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.

Hosiden's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円95.115. 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106.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hosiden Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hosiden'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.

Hosiden Cyclically Adjusted Price-to-FCF Chart

Hosiden 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 14.97 22.66 50.81 24.23 18.15

Hosiden 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 24.23 26.39 22.13 13.96 18.15

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

For the Electrical Equipment & Parts subindustry, Hosiden'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.


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

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

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



Hosiden 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2100.00/106.92
=19.64

* 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.

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

For example, Hosiden'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)
=95.115/107.2000*107.2000
=95.115

Current CPI (Mar. 2024) = 107.2000.

Hosiden Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 43.823 98.000 47.937
201409 -22.259 98.500 -24.225
201412 -119.053 97.900 -130.362
201503 159.487 97.900 174.637
201506 -7.331 98.400 -7.987
201509 -49.306 98.500 -53.661
201512 19.154 98.100 20.931
201603 63.016 97.900 69.002
201606 2.001 98.100 2.187
201609 -36.348 98.000 -39.760
201612 -3.531 98.400 -3.847
201703 -55.415 98.100 -60.555
201706 -72.352 98.500 -78.742
201709 -91.660 98.800 -99.453
201712 -35.361 99.400 -38.136
201803 161.346 99.200 174.358
201806 66.766 99.200 72.150
201809 -229.775 99.900 -246.565
201812 293.660 99.700 315.751
201903 208.204 99.700 223.866
201906 0.907 99.800 0.974
201909 -163.769 100.100 -175.385
201912 -61.786 100.500 -65.905
202003 160.096 100.300 171.110
202006 -26.256 99.900 -28.175
202009 -66.157 99.900 -70.991
202012 108.177 99.300 116.783
202103 145.696 99.900 156.342
202106 -127.113 99.500 -136.950
202109 40.729 100.100 43.618
202112 -68.802 100.100 -73.682
202203 70.870 101.100 75.146
202206 -6.813 101.800 -7.174
202209 309.500 103.100 321.808
202212 -46.353 104.100 -47.733
202303 43.408 104.400 44.572
202306 55.312 105.200 56.364
202309 28.947 106.200 29.220
202312 245.725 106.800 246.645
202403 95.115 107.200 95.115

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.


Hosiden  (TSE:6804) 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.


Hosiden Cyclically Adjusted Price-to-FCF Related Terms

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


Hosiden (TSE:6804) Business Description

Industry
Traded in Other Exchanges
Address
4-33, Kitakyuhoji 1-Chome, Yao-City, Osaka, JPN, 581-0071
Hosiden Corp is a Japanese electronic parts and equipment manufacturer. The company offers its product through four segments, Electromechanical Components, Acoustic Components, Display Components, and Allied Equipment and Others. Its product portfolio includes connector, switch, acoustic parts, and touch panel that are also used in various electronic devices. It derives the majority of its revenues from its Electromechanical Components segment which mainly includes electrical parts.

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