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Akebono Brake Industry Co (TSE:7238) Cyclically Adjusted Price-to-FCF : (As of Jun. 17, 2024)


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What is Akebono Brake Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akebono Brake Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akebono Brake Industry 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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Akebono Brake Industry Co Cyclically Adjusted Price-to-FCF Chart

Akebono Brake Industry Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Akebono Brake Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Akebono Brake Industry Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Akebono Brake Industry 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.


Akebono Brake Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Akebono Brake Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Akebono Brake Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Akebono Brake Industry 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.

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

For example, Akebono Brake Industry 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)
=9.737/107.2000*107.2000
=9.737

Current CPI (Mar. 2024) = 107.2000.

Akebono Brake Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -47.673 98.000 -52.148
201409 -16.896 98.500 -18.388
201412 -6.150 97.900 -6.734
201503 -9.180 97.900 -10.052
201506 2.135 98.400 2.326
201509 -37.917 98.500 -41.266
201512 -19.477 98.100 -21.284
201603 -27.821 97.900 -30.464
201606 -13.776 98.100 -15.054
201609 -23.625 98.000 -25.843
201612 -12.945 98.400 -14.103
201703 16.301 98.100 17.813
201706 -29.613 98.500 -32.229
201709 43.299 98.800 46.980
201712 13.887 99.400 14.977
201803 30.596 99.200 33.063
201806 -2.402 99.200 -2.596
201809 0.600 99.900 0.644
201812 -13.180 99.700 -14.171
201903 -40.437 99.700 -43.479
201906 -11.595 99.800 -12.455
201909 -5.988 100.100 -6.413
201912 -17.527 100.500 -18.695
202003 -40.004 100.300 -42.756
202006 -7.832 99.900 -8.404
202009 -31.660 99.900 -33.973
202012 11.289 99.300 12.187
202103 43.293 99.900 46.457
202106 11.454 99.500 12.340
202109 -11.244 100.100 -12.042
202112 -1.137 100.100 -1.218
202203 4.357 101.100 4.620
202206 13.206 101.800 13.907
202209 -10.331 103.100 -10.742
202212 -10.211 104.100 -10.515
202303 -14.313 104.400 -14.697
202306 13.325 105.200 13.578
202309 -5.337 106.200 -5.387
202312 7.905 106.800 7.935
202403 9.737 107.200 9.737

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.


Akebono Brake Industry Co  (TSE:7238) 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.


Akebono Brake Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Akebono Brake Industry Co (TSE:7238) Business Description

Traded in Other Exchanges
Address
19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-8534
Akebono Brake Industry Co Ltd engages in the manufacture and sale of brakes and its components. Its brakes are widely used in various applications, such as passenger and commercial vehicles, motorcycles, rail vehicles and industrial machinery. The firm's product portfolio consists of automobile brakes, motorcycle brakes, rolling stock brakes, industrial machinery brakes, sensors, and concept brake systems.

Akebono Brake Industry Co (TSE:7238) Headlines

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