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Foster Electric Co (TSE:6794) Cyclically Adjusted FCF per Share : 円164.97 (As of Dec. 2023)


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What is Foster Electric 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.

Foster Electric Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円-49.141. 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164.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Foster Electric Co's average Cyclically Adjusted FCF Growth Rate was 9.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.20% 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 Foster Electric Co was 38.60% per year. The lowest was -5.30% per year. And the median was 7.20% per year.

As of today (2024-05-15), Foster Electric Co's current stock price is 円1208.00. Foster Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円164.97. Foster Electric Co's Cyclically Adjusted Price-to-FCF of today is 7.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Foster Electric Co was 116.49. The lowest was 4.72. And the median was 9.91.


Foster Electric Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Foster Electric 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.

Foster Electric Co Cyclically Adjusted FCF per Share Chart

Foster Electric 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 108.78 108.61 144.23 92.49 133.95

Foster Electric 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 150.39 133.95 164.58 189.23 164.97

Competitive Comparison of Foster Electric Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Foster Electric 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.


Foster Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Foster Electric 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, Foster Electric 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)
=-49.141/106.8000*106.8000
=-49.141

Current CPI (Dec. 2023) = 106.8000.

Foster Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 130.586 95.700 145.732
201406 60.089 98.000 65.485
201409 -38.117 98.500 -41.329
201412 130.766 97.900 142.654
201503 290.611 97.900 317.030
201506 324.849 98.400 352.580
201509 -20.408 98.500 -22.128
201512 109.628 98.100 119.350
201603 266.764 97.900 291.015
201606 -150.744 98.100 -164.113
201609 -79.128 98.000 -86.233
201612 -67.990 98.400 -73.794
201703 80.664 98.100 87.818
201706 -152.740 98.500 -165.610
201709 -27.011 98.800 -29.198
201712 215.468 99.400 231.509
201803 50.447 99.200 54.312
201806 -14.030 99.200 -15.105
201809 85.681 99.900 91.599
201812 266.721 99.700 285.715
201903 259.685 99.700 278.178
201906 10.882 99.800 11.645
201909 49.011 100.100 52.291
201912 105.752 100.500 112.381
202003 132.987 100.300 141.605
202006 -134.094 99.900 -143.356
202009 136.506 99.900 145.934
202012 27.759 99.300 29.856
202103 -92.074 99.900 -98.433
202106 -134.805 99.500 -144.695
202109 -194.949 100.100 -207.998
202112 -187.351 100.100 -199.891
202203 -180.448 101.100 -190.622
202206 -289.777 101.800 -304.010
202209 -93.253 103.100 -96.600
202212 110.420 104.100 113.284
202303 173.171 104.400 177.152
202306 214.041 105.200 217.296
202309 216.294 106.200 217.516
202312 -49.141 106.800 -49.141

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


Foster Electric Co  (TSE:6794) 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.

Foster Electric Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1208.00/164.97
=7.32

* 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 Foster Electric Co was 116.49. The lowest was 4.72. And the median was 9.91.


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.


Foster Electric Co Cyclically Adjusted FCF per Share Related Terms

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


Foster Electric Co (TSE:6794) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-1-109, Tsutsujigaoka, Akishima City, Tokyo, JPN, 196-8550
Foster Electric is a Japan-based company that conducts operation through four segments. The information and communication components and products segment produces and sells headsets and small speakers for mobile phones and commercial microphones, and this segment contributes around half of total revenue. The automotive components and products segment produces car speakers and car speaker systems. The acoustic components and products segment offers speakers and speaker systems for audio devices and TVs, amplifier built-in speakers, headphones, and others. The other segment offers Fostex brand products, micro acoustic components, and logistics services. The company has manufacturing bases in various countries, such as China, Vietnam, South Korea, Indonesia, and elsewhere.

Foster Electric Co (TSE:6794) Headlines

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