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Dentsu Group (Dentsu Group) Cyclically Adjusted FCF per Share : $2.23 (As of Mar. 2024)


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What is Dentsu 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.

Dentsu Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-3.837. 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 $2.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dentsu Group's average Cyclically Adjusted FCF Growth Rate was -1.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% 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 Dentsu Group was 4.90% per year. The lowest was 0.80% per year. And the median was 1.30% per year.

As of today (2024-06-04), Dentsu Group's current stock price is $26.94. Dentsu Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.23. Dentsu Group's Cyclically Adjusted Price-to-FCF of today is 12.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dentsu Group was 22.17. The lowest was 4.83. And the median was 12.53.


Dentsu Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dentsu 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.

Dentsu Group Cyclically Adjusted FCF per Share Chart

Dentsu Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.88 3.56 3.09 2.87

Dentsu 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 2.60 2.87 2.27 2.87 2.23

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

For the Advertising Agencies subindustry, Dentsu 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.


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

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

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



Dentsu 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, Dentsu 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)
=-3.837/107.2000*107.2000
=-3.837

Current CPI (Mar. 2024) = 107.2000.

Dentsu Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.949 98.000 -1.038
201409 1.906 98.500 2.074
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 -0.871 98.400 -0.949
201509 1.303 98.500 1.418
201512 1.612 98.100 1.762
201603 0.039 97.900 0.043
201606 2.591 98.100 2.831
201609 -1.610 98.000 -1.761
201612 3.363 98.400 3.664
201703 -1.589 98.100 -1.736
201706 2.587 98.500 2.815
201709 -1.855 98.800 -2.013
201712 5.326 99.400 5.744
201803 -1.760 99.200 -1.902
201806 2.941 99.200 3.178
201809 -2.059 99.900 -2.209
201812 5.042 99.700 5.421
201903 -4.415 99.700 -4.747
201906 3.226 99.800 3.465
201909 -2.763 100.100 -2.959
201912 6.706 100.500 7.153
202003 -3.900 100.300 -4.168
202006 3.591 99.900 3.853
202009 -1.715 99.900 -1.840
202012 5.014 99.300 5.413
202103 -2.824 99.900 -3.030
202106 4.436 99.500 4.779
202109 -2.474 100.100 -2.649
202112 5.210 100.100 5.580
202203 -2.721 101.100 -2.885
202206 2.029 101.800 2.137
202209 -3.222 103.100 -3.350
202212 6.141 104.100 6.324
202303 -3.621 104.400 -3.718
202306 4.684 105.200 4.773
202309 -3.811 106.200 -3.847
202312 4.660 106.800 4.677
202403 -3.837 107.200 -3.837

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


Dentsu Group  (OTCPK:DNTUY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.94/2.23
=12.08

* 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 Dentsu Group was 22.17. The lowest was 4.83. And the median was 12.53.


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.


Dentsu Group Cyclically Adjusted FCF per Share Related Terms

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


Dentsu Group (Dentsu Group) Business Description

Traded in Other Exchanges
Address
1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.

Dentsu Group (Dentsu Group) Headlines