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Screen Holdings Co (TSE:7735) Cyclically Adjusted FCF per Share : 円280.51 (As of Mar. 2024)


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What is Screen Holdings 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.

Screen Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-282.249. 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280.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Screen Holdings Co's average Cyclically Adjusted FCF Growth Rate was 27.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 59.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 37.90% 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 Screen Holdings Co was 60.50% per year. The lowest was -23.20% per year. And the median was 39.55% per year.

As of today (2024-05-29), Screen Holdings Co's current stock price is 円15075.00. Screen Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円280.51. Screen Holdings Co's Cyclically Adjusted Price-to-FCF of today is 53.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Screen Holdings Co was 89.52. The lowest was 18.63. And the median was 36.90.


Screen Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Screen Holdings 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.

Screen Holdings Co Cyclically Adjusted FCF per Share Chart

Screen Holdings 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 53.18 69.00 135.90 219.71 280.51

Screen Holdings 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 219.71 239.89 270.09 318.11 280.51

Competitive Comparison of Screen Holdings Co's Cyclically Adjusted FCF per Share

For the Semiconductor Equipment & Materials subindustry, Screen Holdings 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.


Screen Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Screen Holdings 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, Screen Holdings 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)
=-282.249/107.2000*107.2000
=-282.249

Current CPI (Mar. 2024) = 107.2000.

Screen Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -26.248 98.000 -28.712
201409 -129.187 98.500 -140.597
201412 104.308 97.900 114.217
201503 -13.620 97.900 -14.914
201506 -91.076 98.400 -99.221
201509 135.875 98.500 147.876
201512 60.864 98.100 66.510
201603 -8.126 97.900 -8.898
201606 245.141 98.100 267.881
201609 45.184 98.000 49.426
201612 153.539 98.400 167.270
201703 16.989 98.100 18.565
201706 40.469 98.500 44.043
201709 128.332 98.800 139.243
201712 -84.993 99.400 -91.662
201803 98.037 99.200 105.943
201806 59.237 99.200 64.014
201809 -266.186 99.900 -285.637
201812 -270.605 99.700 -290.961
201903 -102.947 99.700 -110.691
201906 -25.279 99.800 -27.153
201909 -227.880 100.100 -244.043
201912 139.972 100.500 149.303
202003 113.712 100.300 121.535
202006 -26.107 99.900 -28.015
202009 186.612 99.900 200.248
202012 125.383 99.300 135.358
202103 227.570 99.900 244.199
202106 171.704 99.500 184.992
202109 217.107 100.100 232.506
202112 203.659 100.100 218.104
202203 136.568 101.100 144.808
202206 243.706 101.800 256.633
202209 -148.673 103.100 -154.585
202212 315.676 104.100 325.077
202303 128.376 104.400 131.819
202306 260.008 105.200 264.951
202309 268.599 106.200 271.128
202312 544.710 106.800 546.750
202403 -282.249 107.200 -282.249

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


Screen Holdings Co  (TSE:7735) 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.

Screen Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15075.00/280.51
=53.74

* 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 Screen Holdings Co was 89.52. The lowest was 18.63. And the median was 36.90.


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.


Screen Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


Screen Holdings Co (TSE:7735) Business Description

Industry
Traded in Other Exchanges
Address
Tenjinkita-machi 1-1, Teranouchi-agaru, 4-chome, Horikawa-dori, Kamigyo-ku, Kyoto, JPN, 602-8585
Screen Holdings Co Ltd operates in the Japanese semiconductor industry. The majority of its revenue is derived from the sale of semiconductor manufacturing equipment, which is part of its Semiconductor Equipment segment. Its other segments include Graphics and Precision Solutions, Fine Tech Solutions and Others. The Graphics segment is concerned with the sale of printing and printed circuit board related machinery. The Fine Tech Solutions (FT) segment provides flat panel display (FPD) manufacturing equipment and the Others segment is involved in the development and sale of software products. The company caters to the global market, with emphasis on the Asia and Oceania region.

Screen Holdings Co (TSE:7735) Headlines

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