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


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What is Meidensha Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meidensha Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Meidensha'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.

Meidensha Cyclically Adjusted Price-to-FCF Chart

Meidensha 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 9.02 12.10 22.13 23.69 16.72

Meidensha 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 15.72 16.72 15.64 17.85 22.12

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

For the Specialty Industrial Machinery subindustry, Meidensha'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.


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

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

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



Meidensha 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.

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

For example, Meidensha'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)
=-1.731/106.8000*106.8000
=-1.731

Current CPI (Dec. 2023) = 106.8000.

Meidensha Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.537 95.700 1.715
201406 3.283 98.000 3.578
201409 -1.832 98.500 -1.986
201412 -2.163 97.900 -2.360
201503 1.492 97.900 1.628
201506 3.499 98.400 3.798
201509 -0.925 98.500 -1.003
201512 -1.463 98.100 -1.593
201603 1.385 97.900 1.511
201606 2.303 98.100 2.507
201609 -1.097 98.000 -1.196
201612 -1.790 98.400 -1.943
201703 1.570 98.100 1.709
201706 4.032 98.500 4.372
201709 -0.227 98.800 -0.245
201712 -2.659 99.400 -2.857
201803 1.116 99.200 1.202
201806 3.033 99.200 3.265
201809 -0.702 99.900 -0.750
201812 -2.042 99.700 -2.187
201903 1.062 99.700 1.138
201906 2.112 99.800 2.260
201909 -2.763 100.100 -2.948
201912 -1.400 100.500 -1.488
202003 1.139 100.300 1.213
202006 1.943 99.900 2.077
202009 -1.047 99.900 -1.119
202012 -2.945 99.300 -3.167
202103 1.700 99.900 1.817
202106 3.577 99.500 3.839
202109 -1.698 100.100 -1.812
202112 -2.693 100.100 -2.873
202203 1.765 101.100 1.865
202206 2.304 101.800 2.417
202209 -0.746 103.100 -0.773
202212 -1.716 104.100 -1.761
202303 0.445 104.400 0.455
202306 2.616 105.200 2.656
202309 -0.979 106.200 -0.985
202312 -1.731 106.800 -1.731

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.


Meidensha  (OTCPK:MEIVF) 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.


Meidensha Cyclically Adjusted Price-to-FCF Related Terms

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


Meidensha (Meidensha) Business Description

Traded in Other Exchanges
Address
ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6029
Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.

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