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Daikin Industries (Daikin Industries) Cyclically Adjusted Price-to-FCF : 37.30 (As of Apr. 28, 2024)


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What is Daikin Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Daikin Industries's current share price is $132.41. Daikin Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.55. Daikin Industries's Cyclically Adjusted Price-to-FCF for today is 37.30.

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

DKILF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.63   Med: 39.22   Max: 60.25
Current: 41

During the past years, Daikin Industries's highest Cyclically Adjusted Price-to-FCF was 60.25. The lowest was 24.63. And the median was 39.22.

DKILF's Cyclically Adjusted Price-to-FCF is ranked worse than
74.91% of 566 companies
in the Construction industry
Industry Median: 17.73 vs DKILF: 41.00

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.

Daikin Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.078. 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 $3.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daikin Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Cyclically Adjusted Price-to-FCF Chart

Daikin Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.92 33.15 47.65 43.23 46.29

Daikin Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 38.58 46.29 58.86 46.02 44.54

Competitive Comparison of Daikin Industries's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Daikin Industries'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.


Daikin Industries's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daikin Industries 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.

Daikin Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=132.41/3.55
=37.30

* 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.

Daikin Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Daikin Industries'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)
=1.078/106.8000*106.8000
=1.078

Current CPI (Dec. 2023) = 106.8000.

Daikin Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.453 95.700 0.506
201406 -0.205 98.000 -0.223
201409 1.830 98.500 1.984
201412 0.475 97.900 0.518
201503 0.591 97.900 0.645
201506 0.171 98.400 0.186
201509 2.599 98.500 2.818
201512 0.671 98.100 0.731
201603 0.250 97.900 0.273
201606 1.336 98.100 1.454
201609 2.887 98.000 3.146
201612 0.799 98.400 0.867
201703 0.761 98.100 0.828
201706 0.322 98.500 0.349
201709 2.814 98.800 3.042
201712 0.814 99.400 0.875
201803 0.306 99.200 0.329
201806 1.201 99.200 1.293
201809 3.007 99.900 3.215
201812 0.515 99.700 0.552
201903 0.316 99.700 0.339
201906 1.320 99.800 1.413
201909 2.960 100.100 3.158
201912 1.427 100.500 1.516
202003 0.748 100.300 0.796
202006 1.068 99.900 1.142
202009 4.240 99.900 4.533
202012 2.071 99.300 2.227
202103 1.321 99.900 1.412
202106 1.040 99.500 1.116
202109 3.127 100.100 3.336
202112 0.028 100.100 0.030
202203 -0.126 101.100 -0.133
202206 0.387 101.800 0.406
202209 0.664 103.100 0.688
202212 -0.928 104.100 -0.952
202303 -0.577 104.400 -0.590
202306 -0.884 105.200 -0.897
202309 2.264 106.200 2.277
202312 1.078 106.800 1.078

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.


Daikin Industries  (OTCPK:DKILF) 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.


Daikin Industries Cyclically Adjusted Price-to-FCF Related Terms

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Daikin Industries (Daikin Industries) Business Description

Traded in Other Exchanges
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

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