GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ONO Sokki Co Ltd (TSE:6858) » Definitions » Cyclically Adjusted Price-to-FCF

ONO Sokki Co (TSE:6858) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


View and export this data going back to 1983. Start your Free Trial

What is ONO Sokki Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ONO Sokki Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ONO Sokki 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.

* Premium members only.

ONO Sokki Co Cyclically Adjusted Price-to-FCF Chart

ONO Sokki Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.18 21.89 29.50 - -

ONO Sokki Co 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 383.26 148.81 - - -

Competitive Comparison of ONO Sokki Co's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, ONO Sokki 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.


ONO Sokki Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



ONO Sokki 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.

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

For example, ONO Sokki Co'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)
=33.371/107.2000*107.2000
=33.371

Current CPI (Mar. 2024) = 107.2000.

ONO Sokki Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -33.287 98.000 -36.412
201409 31.083 98.500 33.828
201412 -30.852 97.900 -33.783
201503 -41.166 97.900 -45.077
201506 90.455 98.400 98.544
201509 -42.637 98.500 -46.403
201512 -48.734 98.100 -53.255
201603 25.267 97.900 27.667
201606 76.975 98.100 84.115
201609 -59.710 98.000 -65.315
201612 -21.047 98.400 -22.929
201703 -9.566 98.100 -10.453
201706 103.421 98.500 112.556
201709 -61.787 98.800 -67.040
201712 -70.206 99.400 -75.715
201803 19.335 99.200 20.894
201806 139.767 99.200 151.039
201809 -37.080 99.900 -39.790
201812 2.575 99.700 2.769
201903 -4.003 99.700 -4.304
201906 115.967 99.800 124.566
201909 -88.393 100.100 -94.663
201912 -71.262 100.500 -76.013
202003 78.056 100.300 83.426
202006 107.672 99.900 115.540
202009 -104.193 99.900 -111.807
202012 -29.170 99.300 -31.491
202103 12.238 99.900 13.132
202106 10.434 99.500 11.241
202109 -51.275 100.100 -54.912
202112 -37.607 100.100 -40.274
202203 41.557 101.100 44.064
202206 25.186 101.800 26.522
202209 -33.189 103.100 -34.509
202212 -101.505 104.100 -104.528
202303 57.151 104.400 58.684
202306 56.650 105.200 57.727
202309 -37.650 106.200 -38.005
202312 -87.882 106.800 -88.211
202403 33.371 107.200 33.371

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.


ONO Sokki Co  (TSE:6858) 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.


ONO Sokki Co Cyclically Adjusted Price-to-FCF Related Terms

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


ONO Sokki Co (TSE:6858) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-9-3 Shin-Yokohama, Kohoku-ku, Yokohama, JPN, 222-8507
ONO Sokki Co., Ltd. is engaged in the manufacturing and sales of electronic measuring instruments, applied electronic equipment, electronic control systems and related equipment. In addition, the company is involved in the sales of software for information processing systems and provision of engineering services. The company's products include digital measuring instruments, tachometer generators, data analyzers and test systems, torque meters, automobile manufacturing test systems, and industrial automatic systems.

ONO Sokki Co (TSE:6858) Headlines

No Headlines