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Tsugami (TSE:6101) Cyclically Adjusted FCF per Share : 円75.90 (As of Mar. 2024)


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What is Tsugami 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.

Tsugami's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-2.242. 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75.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tsugami's average Cyclically Adjusted FCF Growth Rate was 40.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 37.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 33.90% 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 Tsugami was 37.10% per year. The lowest was 15.10% per year. And the median was 31.20% per year.

As of today (2024-06-05), Tsugami's current stock price is 円1441.00. Tsugami's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円75.90. Tsugami's Cyclically Adjusted Price-to-FCF of today is 18.99.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tsugami was 92.68. The lowest was 14.56. And the median was 39.43.


Tsugami Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tsugami'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.

Tsugami Cyclically Adjusted FCF per Share Chart

Tsugami 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 23.20 29.44 37.46 54.19 75.90

Tsugami 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 54.19 60.83 63.54 75.24 75.90

Competitive Comparison of Tsugami's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, Tsugami'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.


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

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

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



Tsugami 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, Tsugami'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)
=-2.242/107.2000*107.2000
=-2.242

Current CPI (Mar. 2024) = 107.2000.

Tsugami Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -17.131 98.000 -18.739
201409 -36.311 98.500 -39.518
201412 72.249 97.900 79.112
201503 5.401 97.900 5.914
201506 45.749 98.400 49.840
201509 -32.210 98.500 -35.055
201512 2.274 98.100 2.485
201603 38.219 97.900 41.850
201606 49.500 98.100 54.092
201609 30.566 98.000 33.435
201612 10.629 98.400 11.580
201703 -9.482 98.100 -10.362
201706 44.983 98.500 48.956
201709 39.367 98.800 42.714
201712 27.056 99.400 29.179
201803 -121.945 99.200 -131.779
201806 38.541 99.200 41.649
201809 -49.817 99.900 -53.457
201812 -6.961 99.700 -7.485
201903 14.942 99.700 16.066
201906 42.399 99.800 45.543
201909 -3.942 100.100 -4.222
201912 16.624 100.500 17.732
202003 35.575 100.300 38.022
202006 35.764 99.900 38.377
202009 -30.047 99.900 -32.243
202012 43.329 99.300 46.776
202103 31.298 99.900 33.585
202106 117.715 99.500 126.825
202109 21.452 100.100 22.974
202112 -10.140 100.100 -10.859
202203 -68.704 101.100 -72.849
202206 101.398 101.800 106.777
202209 -106.768 103.100 -111.014
202212 93.788 104.100 96.581
202303 58.230 104.400 59.792
202306 56.249 105.200 57.318
202309 46.519 106.200 46.957
202312 94.319 106.800 94.672
202403 -2.242 107.200 -2.242

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


Tsugami  (TSE:6101) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1441.00/75.9
=18.99

* 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 Tsugami was 92.68. The lowest was 14.56. And the median was 39.43.


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.


Tsugami Cyclically Adjusted FCF per Share Related Terms

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


Tsugami (TSE:6101) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-9-10 Horidome chou Nihonbash, Chuo-ku, Tokyo, JPN, 103-0012
Tsugami Corp is engaged in the manufacture and sale of precision machine tools. The company's products consist of automatic lathes, grinding machines, machining centers, rolling machines and other working equipment. It operates in three geographical segments. The Japan and China segment manufactures and sells machine tools. Its South Korea segment is involved in the sale of the company's product.

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