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Mitsubishi (WBO:MITT) Cyclically Adjusted FCF per Share : €0.89 (As of Mar. 2024)


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What is Mitsubishi 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.

Mitsubishi's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.282. 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 €0.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi's average Cyclically Adjusted FCF Growth Rate was 20.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% 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 Mitsubishi was 25.80% per year. The lowest was 25.80% per year. And the median was 25.80% per year.

As of today (2024-05-15), Mitsubishi's current stock price is €20.085. Mitsubishi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.89. Mitsubishi's Cyclically Adjusted Price-to-FCF of today is 22.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi was 49.02. The lowest was 11.56. And the median was 15.76.


Mitsubishi Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitsubishi'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.

Mitsubishi Cyclically Adjusted FCF per Share Chart

Mitsubishi 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 - - 0.61 0.84 0.89

Mitsubishi 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 0.84 0.85 0.86 0.91 0.89

Competitive Comparison of Mitsubishi's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Mitsubishi'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.


Mitsubishi's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Mitsubishi 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, Mitsubishi'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)
=0.282/107.2000*107.2000
=0.282

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.121 98.000 -0.132
201409 0.264 98.500 0.287
201412 0.020 97.900 0.022
201503 0.601 97.900 0.658
201506 -0.197 98.400 -0.215
201509 0.303 98.500 0.330
201512 0.303 98.100 0.331
201603 0.331 97.900 0.362
201606 -0.167 98.100 -0.182
201609 0.323 98.000 0.353
201612 0.321 98.400 0.350
201703 0.268 98.100 0.293
201706 0.154 98.500 0.168
201709 0.273 98.800 0.296
201712 0.087 99.400 0.094
201803 0.239 99.200 0.258
201806 -0.002 99.200 -0.002
201809 0.240 99.900 0.258
201812 0.202 99.700 0.217
201903 0.110 99.700 0.118
201906 0.146 99.800 0.157
201909 0.207 100.100 0.222
201912 0.456 100.500 0.486
202003 0.135 100.300 0.144
202006 0.367 99.900 0.394
202009 0.409 99.900 0.439
202012 0.220 99.300 0.238
202103 0.142 99.900 0.152
202106 0.071 99.500 0.076
202109 0.229 100.100 0.245
202112 0.268 100.100 0.287
202203 0.577 101.100 0.612
202206 0.992 101.800 1.045
202209 0.351 103.100 0.365
202212 0.394 104.100 0.406
202303 0.618 104.400 0.635
202306 0.559 105.200 0.570
202309 0.131 106.200 0.132
202312 0.243 106.800 0.244
202403 0.282 107.200 0.282

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


Mitsubishi  (WBO:MITT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.085/0.89
=22.57

* 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 Mitsubishi was 49.02. The lowest was 11.56. And the median was 15.76.


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.


Mitsubishi Cyclically Adjusted FCF per Share Related Terms

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


Mitsubishi (WBO:MITT) Business Description

Industry
Traded in Other Exchanges
Address
Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8086
Mitsubishi Corp is a conglomerate that operates businesses in various industries. Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resource, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solution, and Urban Development.