GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Fuji Glass Co Ltd (TSE:5212) » Definitions » Cyclically Adjusted FCF per Share

Fuji Glass Co (TSE:5212) Cyclically Adjusted FCF per Share : 円44.83 (As of Dec. 2023)


View and export this data going back to 1963. Start your Free Trial

What is Fuji Glass Co 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.

Fuji Glass Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円1.665. 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44.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fuji Glass Co's average Cyclically Adjusted FCF Growth Rate was -0.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% 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 Fuji Glass Co was 51.30% per year. The lowest was -6.20% per year. And the median was 23.40% per year.

As of today (2024-06-05), Fuji Glass Co's current stock price is 円1687.00. Fuji Glass Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円44.83. Fuji Glass Co's Cyclically Adjusted Price-to-FCF of today is 37.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fuji Glass Co was 89.41. The lowest was 7.23. And the median was 28.38.


Fuji Glass Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fuji Glass Co'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.

Fuji Glass Co Cyclically Adjusted FCF per Share Chart

Fuji Glass Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.61 42.82 45.61 42.49 35.31

Fuji Glass Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 45.22 35.31 36.56 46.93 44.83

Competitive Comparison of Fuji Glass Co's Cyclically Adjusted FCF per Share

For the Medical Devices subindustry, Fuji Glass Co'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.


Fuji Glass Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fuji Glass Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fuji Glass Co 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, Fuji Glass Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.665/106.8000*106.8000
=1.665

Current CPI (Dec. 2023) = 106.8000.

Fuji Glass Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 35.712 95.700 39.854
201406 34.328 98.000 37.411
201409 -15.543 98.500 -16.853
201412 -20.561 97.900 -22.430
201503 44.404 97.900 48.441
201506 -18.127 98.400 -19.674
201509 -36.409 98.500 -39.477
201512 -37.612 98.100 -40.948
201603 38.318 97.900 41.801
201606 -15.236 98.100 -16.587
201609 19.008 98.000 20.715
201612 7.201 98.400 7.816
201703 92.297 98.100 100.482
201706 28.488 98.500 30.889
201709 18.091 98.800 19.556
201712 -25.263 99.400 -27.144
201803 44.277 99.200 47.669
201806 25.287 99.200 27.224
201809 9.392 99.900 10.041
201812 44.727 99.700 47.912
201903 27.434 99.700 29.388
201906 19.062 99.800 20.399
201909 14.575 100.100 15.551
201912 -12.804 100.500 -13.607
202003 35.991 100.300 38.323
202006 -13.387 99.900 -14.312
202009 -31.982 99.900 -34.191
202012 -0.016 99.300 -0.017
202103 64.581 99.900 69.042
202106 17.046 99.500 18.297
202109 36.510 100.100 38.954
202112 -16.191 100.100 -17.275
202203 -4.039 101.100 -4.267
202206 33.699 101.800 35.354
202209 7.991 103.100 8.278
202212 31.357 104.100 32.170
202303 -70.438 104.400 -72.057
202306 28.150 105.200 28.578
202309 -28.478 106.200 -28.639
202312 1.665 106.800 1.665

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


Fuji Glass Co  (TSE:5212) 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.

Fuji Glass Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1687.00/44.83
=37.63

* 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 Fuji Glass Co was 89.41. The lowest was 7.23. And the median was 28.38.


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.


Fuji Glass Co Cyclically Adjusted FCF per Share Related Terms

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


Fuji Glass Co (TSE:5212) Business Description

Traded in Other Exchanges
N/A
Address
2-15-9, Bunka, Sumida Ku, Tokyo, JPN, 131 0044
Fuji Glass Co Ltd is a Japan-based manufacturer and seller of glass containers. Its products are used for medical purposes. Its product portfolio includes Ampoule, Vial, Test Tube, and Silicort, among others.

Fuji Glass Co (TSE:5212) Headlines

No Headlines