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Macromill (TSE:3978) Cyclically Adjusted Price-to-FCF : 6.76 (As of Apr. 29, 2024)


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What is Macromill Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Macromill's current share price is 円727.00. Macromill's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円107.55. Macromill's Cyclically Adjusted Price-to-FCF for today is 6.76.

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

TSE:3978' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.03   Med: 2.28   Max: 10.82
Current: 6.76

During the past years, Macromill's highest Cyclically Adjusted Price-to-FCF was 10.82. The lowest was 1.03. And the median was 2.28.

TSE:3978's Cyclically Adjusted Price-to-FCF is ranked better than
75.35% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs TSE:3978: 6.76

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.

Macromill's adjusted free cash flow per share data for the three months ended in Dec. 2023 was 円54.392. 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 円107.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macromill Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Macromill'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.

Macromill Cyclically Adjusted Price-to-FCF Chart

Macromill Annual Data
Trend Jun12 Jun13 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.50 1.69 2.54 7.67

Macromill 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 10.22 8.68 7.67 7.10 7.31

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

For the Advertising Agencies subindustry, Macromill'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.


Macromill's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Macromill's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Macromill 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=727.00/107.55
=6.76

* 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.

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

For example, Macromill'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)
=54.392/106.8000*106.8000
=54.392

Current CPI (Dec. 2023) = 106.8000.

Macromill Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 0.000 95.100 0.000
201206 0.000 94.400 0.000
201209 0.000 94.400 0.000
201212 0.000 94.100 0.000
201303 0.000 94.200 0.000
201306 0.000 94.600 0.000
201309 0.000 95.400 0.000
201312 0.000 95.600 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 10.090 98.000 10.996
201612 34.919 98.400 37.900
201703 25.825 98.100 28.115
201706 51.332 98.500 55.657
201709 -16.839 98.800 -18.202
201712 17.254 99.400 18.539
201803 38.573 99.200 41.528
201806 72.904 99.200 78.489
201809 -49.649 99.900 -53.078
201812 58.611 99.700 62.785
201903 16.758 99.700 17.951
201906 61.465 99.800 65.776
201909 -18.832 100.100 -20.092
201912 45.080 100.500 47.906
202003 31.142 100.300 33.160
202006 87.538 99.900 93.584
202009 -42.378 99.900 -45.305
202012 51.712 99.300 55.618
202103 36.862 99.900 39.408
202106 74.449 99.500 79.911
202109 -44.723 100.100 -47.716
202112 64.836 100.100 69.176
202203 24.421 101.100 25.798
202206 62.893 101.800 65.982
202209 -48.898 103.100 -50.653
202212 30.102 104.100 30.883
202303 34.368 104.400 35.158
202306 19.232 105.200 19.525
202309 -26.391 106.200 -26.540
202312 54.392 106.800 54.392

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.


Macromill  (TSE:3978) 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.


Macromill Cyclically Adjusted Price-to-FCF Related Terms

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


Macromill (TSE:3978) Business Description

Traded in Other Exchanges
Address
SHINAGAWA EAST ONE TOWER 11F, Tokyo, JPN
Macromill Inc is a Japan-based company engaged in the provision of marketing research and digital marketing solutions mainly online. The company offers online marketing research, mobile marketing research, global marketing research, consumer buying patterns research and consumer buying data, qualitative and quantitative marketing research, and marketing consulting services.

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