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Screen Holdings Co (FRA:DAO) Cyclically Adjusted Price-to-FCF : 52.13 (As of Jun. 11, 2024)


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What is Screen Holdings Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Screen Holdings Co's current share price is €87.58. Screen Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.68. Screen Holdings Co's Cyclically Adjusted Price-to-FCF for today is 52.13.

The historical rank and industry rank for Screen Holdings Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:DAO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.63   Med: 36.9   Max: 89.52
Current: 52.99

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

FRA:DAO's Cyclically Adjusted Price-to-FCF is ranked worse than
60.87% of 345 companies
in the Semiconductors industry
Industry Median: 40.29 vs FRA:DAO: 52.99

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.733. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Screen Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Screen Holdings Co's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Screen Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.61 70.58 45.47 26.51 70.91

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 Price-to-FCF 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 26.51 33.85 26.96 37.50 70.91

Competitive Comparison of Screen Holdings Co's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.58/1.68
=52.13

* 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.

Screen Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=-1.733/107.2000*107.2000
=-1.733

Current CPI (Mar. 2024) = 107.2000.

Screen Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.189 98.000 -0.207
201409 -0.933 98.500 -1.015
201412 0.709 97.900 0.776
201503 -0.105 97.900 -0.115
201506 -0.656 98.400 -0.715
201509 1.008 98.500 1.097
201512 0.459 98.100 0.502
201603 -0.065 97.900 -0.071
201606 2.071 98.100 2.263
201609 0.396 98.000 0.433
201612 1.255 98.400 1.367
201703 0.141 98.100 0.154
201706 0.325 98.500 0.354
201709 0.972 98.800 1.055
201712 -0.636 99.400 -0.686
201803 0.750 99.200 0.810
201806 0.461 99.200 0.498
201809 -2.035 99.900 -2.184
201812 -2.120 99.700 -2.279
201903 -0.820 99.700 -0.882
201906 -0.207 99.800 -0.222
201909 -1.924 100.100 -2.060
201912 1.155 100.500 1.232
202003 0.956 100.300 1.022
202006 -0.215 99.900 -0.231
202009 1.500 99.900 1.610
202012 0.993 99.300 1.072
202103 1.759 99.900 1.888
202106 1.294 99.500 1.394
202109 1.675 100.100 1.794
202112 1.583 100.100 1.695
202203 1.046 101.100 1.109
202206 1.721 101.800 1.812
202209 -1.048 103.100 -1.090
202212 2.209 104.100 2.275
202303 0.897 104.400 0.921
202306 1.698 105.200 1.730
202309 1.702 106.200 1.718
202312 3.469 106.800 3.482
202403 -1.733 107.200 -1.733

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


Screen Holdings Co  (FRA:DAO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Screen Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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


Screen Holdings Co (FRA:DAO) 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.