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Canon Marketing Japan (FRA:CNJ) Cyclically Adjusted FCF per Share : €0.82 (As of Mar. 2024)


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What is Canon Marketing Japan 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.

Canon Marketing Japan's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.557. 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 €0.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canon Marketing Japan's average Cyclically Adjusted FCF Growth Rate was -8.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% 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 Canon Marketing Japan was 12.00% per year. The lowest was 0.20% per year. And the median was 9.10% per year.

As of today (2024-06-09), Canon Marketing Japan's current stock price is €25.40. Canon Marketing Japan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.82. Canon Marketing Japan's Cyclically Adjusted Price-to-FCF of today is 30.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Canon Marketing Japan was 32.13. The lowest was 18.20. And the median was 23.23.


Canon Marketing Japan Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Canon Marketing Japan'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.

Canon Marketing Japan Cyclically Adjusted FCF per Share Chart

Canon Marketing Japan Annual Data
Trend Dec14 Dec15 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 0.81 0.77 0.89 0.92 0.88

Canon Marketing Japan 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 1.02 0.96 0.86 0.88 0.82

Competitive Comparison of Canon Marketing Japan's Cyclically Adjusted FCF per Share

For the Business Equipment & Supplies subindustry, Canon Marketing Japan'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.


Canon Marketing Japan's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Canon Marketing Japan 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, Canon Marketing Japan'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)
=0.557/107.2000*107.2000
=0.557

Current CPI (Mar. 2024) = 107.2000.

Canon Marketing Japan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.075 98.000 0.082
201409 0.418 98.500 0.455
201412 0.124 97.900 0.136
201503 0.031 97.900 0.034
201506 0.234 98.400 0.255
201509 0.122 98.500 0.133
201512 0.435 98.100 0.475
201603 0.135 97.900 0.148
201606 0.512 98.100 0.559
201609 0.178 98.000 0.195
201612 0.515 98.400 0.561
201703 0.367 98.100 0.401
201706 0.240 98.500 0.261
201709 0.211 98.800 0.229
201712 0.136 99.400 0.147
201803 -0.168 99.200 -0.182
201806 0.444 99.200 0.480
201809 0.529 99.900 0.568
201812 -0.525 99.700 -0.564
201903 0.280 99.700 0.301
201906 -0.375 99.800 -0.403
201909 0.379 100.100 0.406
201912 0.286 100.500 0.305
202003 0.201 100.300 0.215
202006 0.381 99.900 0.409
202009 0.621 99.900 0.666
202012 0.059 99.300 0.064
202103 0.616 99.900 0.661
202106 0.578 99.500 0.623
202109 0.173 100.100 0.185
202112 -0.434 100.100 -0.465
202203 0.785 101.100 0.832
202206 0.746 101.800 0.786
202209 0.173 103.100 0.180
202212 -0.120 104.100 -0.124
202303 0.814 104.400 0.836
202306 0.585 105.200 0.596
202309 -0.801 106.200 -0.809
202312 0.370 106.800 0.371
202403 0.557 107.200 0.557

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


Canon Marketing Japan  (FRA:CNJ) 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.

Canon Marketing Japan's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.40/0.82
=30.98

* 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 Canon Marketing Japan was 32.13. The lowest was 18.20. And the median was 23.23.


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.


Canon Marketing Japan Cyclically Adjusted FCF per Share Related Terms

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


Canon Marketing Japan (FRA:CNJ) Business Description

Traded in Other Exchanges
Address
Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011
Website
Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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