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Seiko Epson (Seiko Epson) Cyclically Adjusted FCF per Share : $0.44 (As of Dec. 2023)


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What is Seiko Epson Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Seiko Epson's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.397. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seiko Epson's average Cyclically Adjusted FCF Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Seiko Epson was 21.10% per year. The lowest was 5.40% per year. And the median was 20.50% per year.

As of today (2024-04-28), Seiko Epson's current stock price is $8.46. Seiko Epson's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.44. Seiko Epson's Cyclically Adjusted Price-to-FCF of today is 19.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Seiko Epson was 41.21. The lowest was 14.39. And the median was 21.30.


Seiko Epson Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Seiko Epson's Cyclically Adjusted FCF per Share 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.

Seiko Epson Cyclically Adjusted FCF per Share Chart

Seiko Epson Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.29 0.40 0.44 0.43

Seiko Epson Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.48 0.43 0.40 0.40 0.44

Competitive Comparison of Seiko Epson's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Seiko Epson Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Seiko Epson'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)
=0.397/106.8000*106.8000
=0.397

Current CPI (Dec. 2023) = 106.8000.

Seiko Epson Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.384 95.700 0.429
201406 0.061 98.000 0.066
201409 0.179 98.500 0.194
201412 0.301 97.900 0.328
201503 0.257 97.900 0.280
201506 -0.156 98.400 -0.169
201509 0.046 98.500 0.050
201512 0.331 98.100 0.360
201603 0.347 97.900 0.379
201606 -0.004 98.100 -0.004
201609 -0.020 98.000 -0.022
201612 0.187 98.400 0.203
201703 0.073 98.100 0.079
201706 -0.213 98.500 -0.231
201709 0.031 98.800 0.034
201712 0.087 99.400 0.093
201803 0.240 99.200 0.258
201806 -0.166 99.200 -0.179
201809 -0.129 99.900 -0.138
201812 0.002 99.700 0.002
201903 0.121 99.700 0.130
201906 -0.051 99.800 -0.055
201909 -0.129 100.100 -0.138
201912 0.304 100.500 0.323
202003 0.231 100.300 0.246
202006 -0.057 99.900 -0.061
202009 0.243 99.900 0.260
202012 0.501 99.300 0.539
202103 0.370 99.900 0.396
202106 0.140 99.500 0.150
202109 0.322 100.100 0.344
202112 0.263 100.100 0.281
202203 0.135 101.100 0.143
202206 -0.270 101.800 -0.283
202209 0.197 103.100 0.204
202212 0.015 104.100 0.015
202303 0.073 104.400 0.075
202306 0.144 105.200 0.146
202309 0.227 106.200 0.228
202312 0.397 106.800 0.397

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Seiko Epson  (OTCPK:SEKEY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Seiko Epson's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.46/0.44
=19.23

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Seiko Epson was 41.21. The lowest was 14.39. And the median was 21.30.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Seiko Epson Cyclically Adjusted FCF per Share Related Terms

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


Seiko Epson (Seiko Epson) Business Description

Industry
Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.