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Toyota Motor (TSE:7203) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Toyota Motor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toyota Motor'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.

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Toyota Motor Cyclically Adjusted Price-to-FCF Chart

Toyota Motor 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 46.19 115.53 1,069.24 1,582.20 -

Toyota Motor 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 - - - - -

Competitive Comparison of Toyota Motor's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Toyota Motor 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.

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

For example, Toyota Motor'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)
=-53.541/106.8000*106.8000
=-53.541

Current CPI (Dec. 2023) = 106.8000.

Toyota Motor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 11.410 95.700 12.733
201406 5.001 98.000 5.450
201409 0.911 98.500 0.988
201412 -8.188 97.900 -8.932
201503 23.121 97.900 25.223
201506 4.174 98.400 4.530
201509 -10.223 98.500 -11.084
201512 7.249 98.100 7.892
201603 24.740 97.900 26.989
201606 14.145 98.100 15.399
201609 -28.395 98.000 -30.945
201612 -15.226 98.400 -16.526
201703 31.450 98.100 34.239
201706 12.664 98.500 13.731
201709 4.660 98.800 5.037
201712 1.633 99.400 1.755
201803 22.821 99.200 24.569
201806 -13.781 99.200 -14.837
201809 7.368 99.900 7.877
201812 7.549 99.700 8.087
201903 0.871 99.700 0.933
201906 -26.434 99.800 -28.288
201909 -2.944 100.100 -3.141
201912 -33.665 100.500 -35.775
202003 -31.816 100.300 -33.878
202006 -10.496 99.900 -11.221
202009 -19.199 99.900 -20.525
202012 -34.988 99.300 -37.631
202103 -8.750 99.900 -9.354
202106 -12.884 99.500 -13.829
202109 -5.314 100.100 -5.670
202112 -2.362 100.100 -2.520
202203 12.981 101.100 13.713
202206 -10.220 101.800 -10.722
202209 -1.902 103.100 -1.970
202212 -55.977 104.100 -57.429
202303 13.156 104.400 13.458
202306 13.534 105.200 13.740
202309 -14.775 106.200 -14.858
202312 -53.541 106.800 -53.541

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.


Toyota Motor  (TSE:7203) 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.


Toyota Motor Cyclically Adjusted Price-to-FCF Related Terms

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


Toyota Motor (TSE:7203) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

Toyota Motor (TSE:7203) Headlines

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