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Hakuto Co (TSE:7433) Cyclically Adjusted FCF per Share : 円-4.20 (As of Mar. 2024)


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What is Hakuto 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.

Hakuto Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円127.593. 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-4.20 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.10% 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 Hakuto Co was 42.10% per year. The lowest was 5.50% per year. And the median was 23.80% per year.

As of today (2024-06-07), Hakuto Co's current stock price is 円5100.00. Hakuto Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円-4.20. Hakuto Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hakuto Co was 623.35. The lowest was 18.76. And the median was 29.33.


Hakuto Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hakuto 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.

Hakuto Co Cyclically Adjusted FCF per Share Chart

Hakuto Co 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 -59.82 -21.67 -34.43 -50.43 -4.20

Hakuto Co 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 -50.43 9.08 -9.50 -16.73 -4.20

Competitive Comparison of Hakuto Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Hakuto 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.


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

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

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



Hakuto 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, Hakuto Co'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)
=127.593/107.2000*107.2000
=127.593

Current CPI (Mar. 2024) = 107.2000.

Hakuto Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 142.530 98.000 155.910
201409 -57.356 98.500 -62.422
201412 -83.642 97.900 -91.588
201503 157.388 97.900 172.339
201506 151.775 98.400 165.348
201509 -105.021 98.500 -114.297
201512 -33.957 98.100 -37.107
201603 64.898 97.900 71.063
201606 217.196 98.100 237.344
201609 89.547 98.000 97.953
201612 -250.515 98.400 -272.919
201703 44.240 98.100 48.344
201706 90.689 98.500 98.699
201709 -72.759 98.800 -78.945
201712 -108.063 99.400 -116.543
201803 37.909 99.200 40.966
201806 89.790 99.200 97.031
201809 -30.548 99.900 -32.780
201812 -137.371 99.700 -147.705
201903 1.444 99.700 1.553
201906 18.245 99.800 19.598
201909 -53.323 100.100 -57.105
201912 -677.922 100.500 -723.117
202003 -105.819 100.300 -113.099
202006 55.756 99.900 59.830
202009 10.880 99.900 11.675
202012 162.077 99.300 174.971
202103 119.044 99.900 127.743
202106 160.293 99.500 172.698
202109 -135.047 100.100 -144.626
202112 -133.238 100.100 -142.688
202203 125.993 101.100 133.595
202206 -180.686 101.800 -190.271
202209 -302.177 103.100 -314.194
202212 -239.752 104.100 -246.892
202303 528.693 104.400 542.873
202306 633.836 105.200 645.886
202309 -194.713 106.200 -196.546
202312 -161.578 106.800 -162.183
202403 127.593 107.200 127.593

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


Hakuto Co  (TSE:7433) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hakuto Co was 623.35. The lowest was 18.76. And the median was 29.33.


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.


Hakuto Co Cyclically Adjusted FCF per Share Related Terms

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


Hakuto Co (TSE:7433) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hakuto Co Ltd (TSE:7433) » Definitions » Cyclically Adjusted FCF per Share
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Address
1-13, Shinjuku 1-Chome, Shinjuku-Ku, Tokyo, JPN, 160-8910
Hakuto Co Ltd engages in the manufacture and sale of electronic materials and chemicals. It operates through the following divisions: Semiconductor Devices, Electronic Components, Electronic and Electric Equipment, And Chemicals. The Electronic Components includes semiconductor devices, connectors, and optical components. The Electronic and Electric Equipment consists of devices and equipment used in the production of semiconductors, printed circuit boards, turbo-molecular pumps, refrigerator units, and electrostatic accelerators. The Chemicals unit deals with chemicals used in oil refining, petrochemical, water treatment, cosmetics, and pulp and paper industries.

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