GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ebara Corp (OTCPK:EBCOY) » Definitions » Cyclically Adjusted FCF per Share

Ebara (EBCOY) Cyclically Adjusted FCF per Share : $1.13 (As of Mar. 2024)


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

What is Ebara 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.

Ebara's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.344. 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 $1.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ebara's average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% 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 Ebara was 7.30% per year. The lowest was 3.20% per year. And the median was 4.90% per year.

As of today (2024-06-08), Ebara's current stock price is $36.45. Ebara's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.13. Ebara's Cyclically Adjusted Price-to-FCF of today is 32.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ebara was 40.50. The lowest was 5.94. And the median was 12.66.


Ebara Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ebara'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.

Ebara Cyclically Adjusted FCF per Share Chart

Ebara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.48 1.53 1.28 1.24

Ebara 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 1.23 1.13 1.13 1.24 1.13

Competitive Comparison of Ebara's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Ebara'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.


Ebara's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ebara's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ebara 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, Ebara'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)
=0.344/107.2000*107.2000
=0.344

Current CPI (Mar. 2024) = 107.2000.

Ebara Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.820 98.000 1.991
201409 -1.163 98.500 -1.266
201412 -0.215 97.900 -0.235
201503 0.195 97.900 0.214
201506 1.446 98.400 1.575
201509 -0.342 98.500 -0.372
201512 -0.382 98.100 -0.417
201603 0.234 97.900 0.256
201606 1.994 98.100 2.179
201609 -0.678 98.000 -0.742
201612 -0.488 98.400 -0.532
201703 0.826 98.100 0.903
201706 2.197 98.500 2.391
201709 -0.339 98.800 -0.368
201712 0.099 99.400 0.107
201803 0.692 99.200 0.748
201806 1.372 99.200 1.483
201809 -0.659 99.900 -0.707
201812 0.168 99.700 0.181
201903 0.419 99.700 0.451
201906 0.995 99.800 1.069
201909 -0.630 100.100 -0.675
201912 0.453 100.500 0.483
202003 0.617 100.300 0.659
202006 1.593 99.900 1.709
202009 -0.053 99.900 -0.057
202012 -0.344 99.300 -0.371
202103 0.710 99.900 0.762
202106 1.533 99.500 1.652
202109 -0.130 100.100 -0.139
202112 0.134 100.100 0.144
202203 0.093 101.100 0.099
202206 0.587 101.800 0.618
202209 -0.411 103.100 -0.427
202212 0.284 104.100 0.292
202303 0.167 104.400 0.171
202306 1.257 105.200 1.281
202309 -0.419 106.200 -0.423
202312 0.377 106.800 0.378
202403 0.344 107.200 0.344

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


Ebara  (OTCPK:EBCOY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=36.45/1.13
=32.26

* 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 Ebara was 40.50. The lowest was 5.94. And the median was 12.66.


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.


Ebara Cyclically Adjusted FCF per Share Related Terms

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


Ebara (EBCOY) Business Description

Industry
Traded in Other Exchanges
Address
11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, JPN, 144-8510
Ebara Corp is a Japan-based company that operates through three business segments. The fluid machinery and systems business provides pumps, compressors, refrigeration, blowers, cooling towers, energy-related systems, machinery plants, and other related solutions. The environmental engineering business is involved in engineering, building, operating, and maintaining environmental and energy-related infrastructure. The precision machinery business develops and manufactures vacuum pumps, chemical mechanical polishing systems, plating systems, and other semiconductor manufacturing equipment and components. The company generates the majority of its revenue from Japan andthe rest of Asia.

Ebara (EBCOY) Headlines

From GuruFocus

3 Low Price-Book Stocks Under Investors' Radars

By Alberto Abaterusso Alberto Abaterusso 10-31-2019