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Hakuhodo DY Holdings (TSE:2433) Cyclically Adjusted Price-to-FCF : 19.81 (As of Jun. 09, 2024)


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What is Hakuhodo DY Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Hakuhodo DY Holdings's current share price is 円1111.50. Hakuhodo DY Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円56.10. Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF for today is 19.81.

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

TSE:2433' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.56   Med: 26.23   Max: 38.68
Current: 19.81

During the past years, Hakuhodo DY Holdings's highest Cyclically Adjusted Price-to-FCF was 38.68. The lowest was 13.56. And the median was 26.23.

TSE:2433's Cyclically Adjusted Price-to-FCF is ranked worse than
58.2% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs TSE:2433: 19.81

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.

Hakuhodo DY Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円66.398. 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56.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hakuhodo DY Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hakuhodo DY Holdings'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.

Hakuhodo DY Holdings Cyclically Adjusted Price-to-FCF Chart

Hakuhodo DY Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.90 29.90 25.68 23.33 24.68

Hakuhodo DY Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.33 22.11 21.21 19.26 24.68

Competitive Comparison of Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Hakuhodo DY Holdings'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.


Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

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



Hakuhodo DY Holdings 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.

Hakuhodo DY Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1111.50/56.1
=19.81

* 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.

Hakuhodo DY Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hakuhodo DY Holdings'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)
=66.398/107.2000*107.2000
=66.398

Current CPI (Mar. 2024) = 107.2000.

Hakuhodo DY Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -24.116 98.000 -26.380
201409 14.805 98.500 16.113
201412 10.307 97.900 11.286
201503 75.943 97.900 83.157
201506 -50.632 98.400 -55.160
201509 9.479 98.500 10.316
201512 9.436 98.100 10.311
201603 89.548 97.900 98.055
201606 -29.524 98.100 -32.263
201609 -9.123 98.000 -9.979
201612 -5.717 98.400 -6.228
201703 72.767 98.100 79.517
201706 -15.392 98.500 -16.751
201709 -20.534 98.800 -22.280
201712 28.388 99.400 30.616
201803 77.062 99.200 83.277
201806 0.152 99.200 0.164
201809 -20.055 99.900 -21.520
201812 48.749 99.700 52.416
201903 87.370 99.700 93.942
201906 -43.479 99.800 -46.703
201909 -22.307 100.100 -23.889
201912 31.417 100.500 33.511
202003 74.095 100.300 79.192
202006 -30.356 99.900 -32.574
202009 -38.729 99.900 -41.559
202012 63.741 99.300 68.812
202103 73.432 99.900 78.798
202106 10.260 99.500 11.054
202109 63.371 100.100 67.866
202112 -59.793 100.100 -64.034
202203 14.022 101.100 14.868
202206 63.230 101.800 66.584
202209 44.948 103.100 46.735
202212 -0.899 104.100 -0.926
202303 -53.864 104.400 -55.309
202306 15.341 105.200 15.633
202309 -102.865 106.200 -103.834
202312 1.787 106.800 1.794
202403 66.398 107.200 66.398

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.


Hakuhodo DY Holdings  (TSE:2433) 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.


Hakuhodo DY Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Hakuhodo DY Holdings (TSE:2433) Business Description

Traded in Other Exchanges
Address
5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320
Hakuhodo DY Holdings Inc is a Japanese holding company that owns advertising companies, integrated media companies, and creative solutions companies. The company earns most of its revenue from its two largest segments, mass media services and marketing promotion. The mass media segments focus on television, newspaper, and magazine advertising. The company's marketing promotion segment focuses on Internet, creative, and promotional services. While the vast majority of the historical company's revenue was derived from Japan, Hakuhodo is expanding internationally through its over 250 subsidiaries around the world.

Hakuhodo DY Holdings (TSE:2433) Headlines

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