GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (TSE:6758) » Definitions » Cyclically Adjusted FCF per Share

Sony Group (TSE:6758) Cyclically Adjusted FCF per Share : 円525.04 (As of Mar. 2024)


View and export this data going back to 1958. Start your Free Trial

What is Sony Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Sony Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円217.253. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is 円525.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sony Group's average Cyclically Adjusted FCF Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sony Group was 47.00% per year. The lowest was -14.00% per year. And the median was 5.00% per year.

As of today (2024-05-24), Sony Group's current stock price is 円12885.00. Sony Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円525.04. Sony Group's Cyclically Adjusted Price-to-FCF of today is 24.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sony Group was 30.55. The lowest was 7.90. And the median was 15.21.


Sony Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sony Group's Cyclically Adjusted FCF per Share 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.

Sony Group Cyclically Adjusted FCF per Share Chart

Sony Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444.75 457.91 513.03 492.06 525.04

Sony Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 492.06 502.93 498.68 539.02 525.04

Competitive Comparison of Sony Group's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sony Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sony Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sony Group'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)
=217.253/107.2000*107.2000
=217.253

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 12.625 98.000 13.810
201409 -5.902 98.500 -6.423
201412 208.705 97.900 228.531
201503 300.887 97.900 329.470
201506 -197.418 98.400 -215.073
201509 73.830 98.500 80.351
201512 158.211 98.100 172.887
201603 238.148 97.900 260.771
201606 -69.775 98.100 -76.248
201609 -26.393 98.000 -28.871
201612 137.082 98.400 149.341
201703 326.737 98.100 357.046
201706 -5.198 98.500 -5.657
201709 109.840 98.800 119.179
201712 258.758 99.400 279.063
201803 402.571 99.200 435.036
201806 18.212 99.200 19.681
201809 179.309 99.900 192.412
201812 320.275 99.700 344.368
201903 213.195 99.700 229.233
201906 -61.980 99.800 -66.576
201909 245.007 100.100 262.385
201912 229.930 100.500 245.259
202003 311.879 100.300 333.334
202006 27.783 99.900 29.813
202009 239.755 99.900 257.275
202012 211.996 99.300 228.862
202103 50.179 99.900 53.846
202106 84.028 99.500 90.531
202109 -14.835 100.100 -15.887
202112 306.383 100.100 328.114
202203 258.189 101.100 273.767
202206 -431.146 101.800 -454.016
202209 -60.615 103.100 -63.025
202212 77.510 104.100 79.818
202303 175.632 104.400 180.342
202306 -115.612 105.200 -117.810
202309 -38.694 106.200 -39.058
202312 545.210 106.800 547.252
202403 217.253 107.200 217.253

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Sony Group  (TSE:6758) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Sony Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12885.00/525.04
=24.54

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sony Group was 30.55. The lowest was 7.90. And the median was 15.21.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Sony Group Cyclically Adjusted FCF per Share Related Terms

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


Sony Group (TSE:6758) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (TSE:6758) » Definitions » Cyclically Adjusted FCF per Share
Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Sony Group (TSE:6758) Headlines

No Headlines