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Elematec (TSE:2715) Cyclically Adjusted FCF per Share : 円108.29 (As of Mar. 2024)


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What is Elematec 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.

Elematec's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円83.256. 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108.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elematec's average Cyclically Adjusted FCF Growth Rate was 37.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.70% 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 Elematec was 14.60% per year. The lowest was 4.50% per year. And the median was 7.40% per year.

As of today (2024-05-28), Elematec's current stock price is 円2001.00. Elematec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円108.29. Elematec's Cyclically Adjusted Price-to-FCF of today is 18.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Elematec was 28.60. The lowest was 10.84. And the median was 17.46.


Elematec Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Elematec'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.

Elematec Cyclically Adjusted FCF per Share Chart

Elematec 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 59.05 71.95 66.90 79.06 108.29

Elematec 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 79.06 74.69 111.10 100.05 108.29

Competitive Comparison of Elematec's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Elematec'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.


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

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

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



Elematec 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, Elematec'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)
=83.256/107.2000*107.2000
=83.256

Current CPI (Mar. 2024) = 107.2000.

Elematec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -22.859 98.000 -25.005
201409 -46.401 98.500 -50.499
201412 86.722 97.900 94.960
201503 -169.976 97.900 -186.123
201506 47.062 98.400 51.271
201509 -7.839 98.500 -8.531
201512 62.618 98.100 68.427
201603 47.769 97.900 52.307
201606 33.459 98.100 36.563
201609 -40.858 98.000 -44.694
201612 47.696 98.400 51.961
201703 -125.064 98.100 -136.665
201706 55.878 98.500 60.813
201709 209.490 98.800 227.301
201712 51.896 99.400 55.968
201803 148.875 99.200 160.881
201806 29.698 99.200 32.093
201809 54.754 99.900 58.755
201812 -126.334 99.700 -135.838
201903 59.150 99.700 63.600
201906 45.548 99.800 48.925
201909 -33.165 100.100 -35.517
201912 65.426 100.500 69.788
202003 -77.810 100.300 -83.163
202006 -2.442 99.900 -2.620
202009 83.596 99.900 89.705
202012 152.710 99.300 164.859
202103 -104.696 99.900 -112.346
202106 43.765 99.500 47.152
202109 -10.819 100.100 -11.586
202112 173.737 100.100 186.060
202203 -121.523 101.100 -128.855
202206 -43.521 101.800 -45.830
202209 -36.657 103.100 -38.115
202212 212.274 104.100 218.595
202303 -34.606 104.400 -35.534
202306 67.943 105.200 69.235
202309 181.063 106.200 182.768
202312 -11.356 106.800 -11.399
202403 83.256 107.200 83.256

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


Elematec  (TSE:2715) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2001.00/108.29
=18.48

* 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 Elematec was 28.60. The lowest was 10.84. And the median was 17.46.


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.


Elematec Cyclically Adjusted FCF per Share Related Terms

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


Elematec (TSE:2715) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Elematec Corp (TSE:2715) » Definitions » Cyclically Adjusted FCF per Share
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Address
3-5-27, Mita, Minato-ku, Tokyo, JPN, 108-6325
Elematec Corp is primarily engaged in the distribution, import and export, and processing of electric materials, electronic components, and mechanical parts. It provides exterior design components and electronic parts that are used in flat screen television, office automation equipment, digital camera, cell phone, automobile, household appliances, industrial equipment, and semiconductors. It also provides basic materials that include special resins. Its geographical segments include Japan, China, Other Countries or Region Asia, and Europe and America.

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