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Nitto Denko (TSE:6988) Price-to-Free-Cash-Flow : 21.46 (As of May. 01, 2024)


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What is Nitto Denko Price-to-Free-Cash-Flow?

As of today (2024-05-01), Nitto Denko's share price is 円13070.00. Nitto Denko's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was 円609.03. Hence, Nitto Denko's Price-to-Free-Cash-Flow Ratio for today is 21.46.

The historical rank and industry rank for Nitto Denko's Price-to-Free-Cash-Flow or its related term are showing as below:

TSE:6988' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.45   Med: 18.65   Max: 2664.27
Current: 21.46

During the past 13 years, Nitto Denko's highest Price-to-Free-Cash-Flow Ratio was 2664.27. The lowest was 10.45. And the median was 18.65.

TSE:6988's Price-to-Free-Cash-Flow is ranked worse than
59.47% of 824 companies
in the Chemicals industry
Industry Median: 19.12 vs TSE:6988: 21.46

Nitto Denko's Free Cash Flow per Share for the three months ended in Mar. 2024 was 円288.84. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was 円609.03.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Nitto Denko was -21.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 16.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 21.80% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 18.80% per year.

During the past 13 years, Nitto Denko's highest 3-Year average Free Cash Flow per Share Growth Rate was 168.40% per year. The lowest was -65.30% per year. And the median was 4.45% per year.


Nitto Denko Price-to-Free-Cash-Flow Historical Data

The historical data trend for Nitto Denko's Price-to-Free-Cash-Flow 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.

Nitto Denko Price-to-Free-Cash-Flow Chart

Nitto Denko Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 24.01 15.27 10.92 22.53

Nitto Denko Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 10.92 14.97 13.92 19.32 22.53

Competitive Comparison of Nitto Denko's Price-to-Free-Cash-Flow

For the Specialty Chemicals subindustry, Nitto Denko's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Nitto Denko's Price-to-Free-Cash-Flow Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitto Denko's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Nitto Denko's Price-to-Free-Cash-Flow falls into.



Nitto Denko Price-to-Free-Cash-Flow Calculation

Nitto Denko's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=13070.00/609.034
=21.46

Nitto Denko's Share Price of today is 円13070.00.
Nitto Denko's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円609.03.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Nitto Denko  (TSE:6988) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Nitto Denko Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Nitto Denko's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitto Denko (TSE:6988) Business Description

Traded in Other Exchanges
Address
4-20, Ofuka-Cho, 33rd Floor, Grand Front Osaka, Kita-Ku, Osaka, JPN, 530-0011
Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.

Nitto Denko (TSE:6988) Headlines

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