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Hitachi (Hitachi) Cyclically Adjusted Price-to-FCF : 85.64 (As of May. 15, 2024)


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What is Hitachi Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Hitachi's current share price is $91.6325. Hitachi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.07. Hitachi's Cyclically Adjusted Price-to-FCF for today is 85.64.

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

HTHIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 82.81   Med: 196.49   Max: 5887.5
Current: 90.11

During the past years, Hitachi's highest Cyclically Adjusted Price-to-FCF was 5887.50. The lowest was 82.81. And the median was 196.49.

HTHIF's Cyclically Adjusted Price-to-FCF is ranked worse than
90.43% of 209 companies
in the Conglomerates industry
Industry Median: 18.37 vs HTHIF: 90.11

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.

Hitachi's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.179. 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 $1.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted Price-to-FCF Chart

Hitachi 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 - - - 296.72 86.57

Hitachi 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 296.72 176.24 137.60 87.89 86.57

Competitive Comparison of Hitachi's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Hitachi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=91.6325/1.07
=85.64

* 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.

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

For example, Hitachi'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)
=2.179/107.2000*107.2000
=2.179

Current CPI (Mar. 2024) = 107.2000.

Hitachi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.916 98.000 -1.002
201409 -1.565 98.500 -1.703
201412 -2.558 97.900 -2.801
201503 0.590 97.900 0.646
201506 -0.990 98.400 -1.079
201509 -0.672 98.500 -0.731
201512 -1.469 98.100 -1.605
201603 1.427 97.900 1.563
201606 -1.374 98.100 -1.501
201609 -0.419 98.000 -0.458
201612 -0.054 98.400 -0.059
201703 0.976 98.100 1.067
201706 0.280 98.500 0.305
201709 0.318 98.800 0.345
201712 0.852 99.400 0.919
201803 1.235 99.200 1.335
201806 0.105 99.200 0.113
201809 -0.358 99.900 -0.384
201812 -1.144 99.700 -1.230
201903 2.692 99.700 2.895
201906 -0.182 99.800 -0.195
201909 0.150 100.100 0.161
201912 0.129 100.500 0.138
202003 1.244 100.300 1.330
202006 0.777 99.900 0.834
202009 -0.294 99.900 -0.315
202012 1.306 99.300 1.410
202103 2.264 99.900 2.429
202106 0.371 99.500 0.400
202109 -0.780 100.100 -0.835
202112 -0.045 100.100 -0.048
202203 2.951 101.100 3.129
202206 0.042 101.800 0.044
202209 0.141 103.100 0.147
202212 0.396 104.100 0.408
202303 2.725 104.400 2.798
202306 0.219 105.200 0.223
202309 0.669 106.200 0.675
202312 1.104 106.800 1.108
202403 2.179 107.200 2.179

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.


Hitachi  (OTCPK:HTHIF) 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.


Hitachi Cyclically Adjusted Price-to-FCF Related Terms

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


Hitachi (Hitachi) Business Description

Industry
Traded in Other Exchanges
Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.