GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nabtesco Corp (TSE:6268) » Definitions » Cyclically Adjusted FCF per Share

Nabtesco (TSE:6268) Cyclically Adjusted FCF per Share : 円0.00 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Nabtesco 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.

Nabtesco's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-60.564. 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 円0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nabtesco's average Cyclically Adjusted FCF Growth Rate was -18.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% 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 Nabtesco was 9.80% per year. The lowest was -0.70% per year. And the median was 2.80% per year.

As of today (2024-05-15), Nabtesco's current stock price is 円2804.50. Nabtesco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円0.00. Nabtesco's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nabtesco was 60.39. The lowest was 21.76. And the median was 34.25.


Nabtesco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nabtesco'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.

Nabtesco Cyclically Adjusted FCF per Share Chart

Nabtesco Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.89 92.35 108.11 110.14 90.34

Nabtesco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 99.09 103.27 89.22 90.34 -

Competitive Comparison of Nabtesco's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Nabtesco'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.


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

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

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



Nabtesco 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, Nabtesco'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)
=-60.564/107.2000*107.2000
=-60.564

Current CPI (Mar. 2024) = 107.2000.

Nabtesco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.474 98.000 -0.518
201409 21.526 98.500 23.427
201412 -13.189 97.900 -14.442
201503 97.256 97.900 106.495
201506 -8.685 98.400 -9.462
201509 32.158 98.500 34.998
201512 -9.751 98.100 -10.656
201603 47.180 97.900 51.662
201606 5.412 98.100 5.914
201609 27.539 98.000 30.124
201612 19.627 98.400 21.382
201703 23.765 98.100 25.970
201706 41.148 98.500 44.782
201709 -6.053 98.800 -6.568
201712 29.164 99.400 31.453
201803 36.116 99.200 39.029
201806 -8.150 99.200 -8.807
201809 -22.022 99.900 -23.631
201812 15.627 99.700 16.803
201903 46.444 99.700 49.938
201906 21.209 99.800 22.782
201909 55.978 100.100 59.948
201912 67.005 100.500 71.472
202003 -8.917 100.300 -9.530
202006 62.599 99.900 67.173
202009 18.061 99.900 19.381
202012 53.095 99.300 57.319
202103 104.439 99.900 112.071
202106 75.076 99.500 80.886
202109 3.284 100.100 3.517
202112 38.716 100.100 41.462
202203 -72.029 101.100 -76.375
202206 32.533 101.800 34.259
202209 2.683 103.100 2.790
202212 6.372 104.100 6.562
202303 -58.255 104.400 -59.817
202306 46.248 105.200 47.127
202309 -96.207 106.200 -97.113
202312 -11.926 106.800 -11.971
202403 -60.564 107.200 -60.564

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


Nabtesco  (TSE:6268) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nabtesco was 60.39. The lowest was 21.76. And the median was 34.25.


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.


Nabtesco Cyclically Adjusted FCF per Share Related Terms

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


Nabtesco (TSE:6268) Business Description

Industry
Traded in Other Exchanges
Address
JA Kyosai Bldg., 7-9, Hirakawacho 2-chome, Chiyoda-ku, Tokyo, JPN, 102-0093
Nabtesco manufactures and sells motion control technology-based components and equipment to various industries. Its four main segments include: component solutions, transport solutions, accessibility solutions, and manufacturing solutions. The company has the leading global share with its precision reduction gears for industrial robots, as well as the top share in Japan with its key products for other segments, and it has a long-term record of supplying its products to major players in their respective industries, such as Fanuc, Boeing, Komatsu, and Japan Railways. The company was established in 2003 as a result of the merger of Teijin Seiki and Nabco, and is headquartered in Tokyo.

Nabtesco (TSE:6268) Headlines

No Headlines