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Nippon Gas Co (TSE:8174) Cyclically Adjusted Price-to-FCF : 33.00 (As of Jun. 21, 2024)


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What is Nippon Gas Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-21), Nippon Gas Co's current share price is 円2361.50. Nippon Gas Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円71.56. Nippon Gas Co's Cyclically Adjusted Price-to-FCF for today is 33.00.

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

TSE:8174' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.18   Med: 41.58   Max: 65.2
Current: 32.84

During the past years, Nippon Gas Co's highest Cyclically Adjusted Price-to-FCF was 65.20. The lowest was 21.18. And the median was 41.58.

TSE:8174's Cyclically Adjusted Price-to-FCF is ranked worse than
71.67% of 240 companies
in the Utilities - Regulated industry
Industry Median: 16.48 vs TSE:8174: 32.84

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.

Nippon Gas Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円67.536. 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71.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nippon Gas Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nippon Gas 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.

Nippon Gas Co Cyclically Adjusted Price-to-FCF Chart

Nippon Gas Co 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 31.57 64.50 37.44 33.69 35.70

Nippon Gas 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 33.69 32.09 34.85 38.23 35.70

Competitive Comparison of Nippon Gas Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Nippon Gas 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.


Nippon Gas Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nippon Gas 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.

Nippon Gas Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2361.50/71.56
=33.00

* 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.

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

For example, Nippon Gas 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)
=67.536/107.2000*107.2000
=67.536

Current CPI (Mar. 2024) = 107.2000.

Nippon Gas Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 -5.314 99.800 -5.708
201909 1.986 100.100 2.127
201912 -6.758 100.500 -7.209
202003 28.444 100.300 30.401
202006 -16.628 99.900 -17.843
202009 -13.455 99.900 -14.438
202012 5.469 99.300 5.904
202103 30.323 99.900 32.539
202106 18.698 99.500 20.145
202109 7.032 100.100 7.531
202112 8.683 100.100 9.299
202203 60.304 101.100 63.943
202206 15.799 101.800 16.637
202209 5.069 103.100 5.271
202212 6.074 104.100 6.255
202303 77.631 104.400 79.713
202306 37.569 105.200 38.283
202309 15.844 106.200 15.993
202312 1.434 106.800 1.439
202403 67.536 107.200 67.536

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.


Nippon Gas Co  (TSE:8174) 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.


Nippon Gas Co Cyclically Adjusted Price-to-FCF Related Terms

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


Nippon Gas Co (TSE:8174) Business Description

Traded in Other Exchanges
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (TSE:8174) Headlines

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