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Nissha Co (TSE:7915) Cyclically Adjusted FCF per Share : 円107.72 (As of Mar. 2024)


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What is Nissha 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.

Nissha Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円77.601. 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107.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nissha Co's average Cyclically Adjusted FCF Growth Rate was 15.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 31.70% 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 Nissha Co was 51.80% per year. The lowest was 19.00% per year. And the median was 30.40% per year.

As of today (2024-05-28), Nissha Co's current stock price is 円1875.00. Nissha Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円107.72. Nissha Co's Cyclically Adjusted Price-to-FCF of today is 17.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nissha Co was 11400.00. The lowest was 12.26. And the median was 20.63.


Nissha Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nissha 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.

Nissha Co Cyclically Adjusted FCF per Share Chart

Nissha Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.85 68.14 81.32 107.94 114.80

Nissha 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 93.62 97.21 117.70 114.80 107.72

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

For the Electronic Components subindustry, Nissha 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.


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

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

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



Nissha 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, Nissha 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)
=77.601/107.2000*107.2000
=77.601

Current CPI (Mar. 2024) = 107.2000.

Nissha Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -107.543 98.000 -117.639
201409 61.565 98.500 67.003
201412 343.897 97.900 376.565
201503 139.212 97.900 152.436
201506 -136.931 98.400 -149.177
201509 41.712 98.500 45.396
201512 165.591 98.100 180.952
201603 163.218 97.900 178.723
201606 -44.463 98.100 -48.587
201609 -240.369 98.000 -262.934
201612 42.239 98.400 46.016
201703 7.032 98.100 7.684
201706 -121.626 98.500 -132.369
201709 -73.957 98.800 -80.245
201712 539.883 99.400 582.248
201803 -182.369 99.200 -197.076
201806 -436.380 99.200 -471.572
201809 33.812 99.900 36.283
201812 438.079 99.700 471.034
201903 -144.835 99.700 -155.730
201906 -215.960 99.800 -231.973
201909 36.212 100.100 38.780
201912 187.230 100.500 199.712
202003 -13.826 100.300 -14.777
202006 -33.233 99.900 -35.661
202009 31.931 99.900 34.264
202012 186.934 99.300 201.806
202103 86.347 99.900 92.657
202106 9.844 99.500 10.606
202109 164.263 100.100 175.914
202112 -38.376 100.100 -41.098
202203 -70.775 101.100 -75.045
202206 78.315 101.800 82.469
202209 56.708 103.100 58.963
202212 55.612 104.100 57.268
202303 -73.054 104.400 -75.013
202306 5.880 105.200 5.992
202309 -3.522 106.200 -3.555
202312 -10.660 106.800 -10.700
202403 77.601 107.200 77.601

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


Nissha Co  (TSE:7915) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1875.00/107.72
=17.41

* 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 Nissha Co was 11400.00. The lowest was 12.26. And the median was 20.63.


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.


Nissha Co Cyclically Adjusted FCF per Share Related Terms

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


Nissha Co (TSE:7915) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nissha Co Ltd (TSE:7915) » Definitions » Cyclically Adjusted FCF per Share
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Address
3 Hanaicho, Gamo, Nakagyo-ku, Kyoto, JPN, 604-8551
Nissha Co Ltd is developing industrial materials, devices, life innovation and information and communication business areas. The company develops and promotes its products under the Nisha brand. The firm's products include metalized paper, 3d eye sublimation, material library, gas sensors, force sensors, general printing and fabric printing. Its customers include IT devices, automobiles, medical devices and health care, consumer electronics, packaging materials and communication design.

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