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ITOCHU (FRA:IOC) Cyclically Adjusted Price-to-FCF : 19.00 (As of Jun. 06, 2024)


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What is ITOCHU Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), ITOCHU's current share price is €43.13. ITOCHU's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.27. ITOCHU's Cyclically Adjusted Price-to-FCF for today is 19.00.

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

FRA:IOC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.45   Med: 13   Max: 20.25
Current: 20.25

During the past years, ITOCHU's highest Cyclically Adjusted Price-to-FCF was 20.25. The lowest was 8.45. And the median was 13.00.

FRA:IOC's Cyclically Adjusted Price-to-FCF is ranked worse than
53.95% of 215 companies
in the Conglomerates industry
Industry Median: 18.88 vs FRA:IOC: 20.25

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.

ITOCHU's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.499. 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 €2.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITOCHU Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ITOCHU'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.

ITOCHU Cyclically Adjusted Price-to-FCF Chart

ITOCHU 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 11.42 15.74 15.43 13.39 17.68

ITOCHU 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 13.39 17.07 15.62 16.27 17.68

Competitive Comparison of ITOCHU's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, ITOCHU'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.


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

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

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



ITOCHU 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.

ITOCHU's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.13/2.27
=19.00

* 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.

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

For example, ITOCHU'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)
=1.499/107.2000*107.2000
=1.499

Current CPI (Mar. 2024) = 107.2000.

ITOCHU Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.161 98.000 0.176
201409 0.188 98.500 0.205
201412 -0.129 97.900 -0.141
201503 1.164 97.900 1.275
201506 0.227 98.400 0.247
201509 0.243 98.500 0.264
201512 0.397 98.100 0.434
201603 0.695 97.900 0.761
201606 0.204 98.100 0.223
201609 0.474 98.000 0.518
201612 0.244 98.400 0.266
201703 0.685 98.100 0.749
201706 0.305 98.500 0.332
201709 0.248 98.800 0.269
201712 0.156 99.400 0.168
201803 0.681 99.200 0.736
201806 0.144 99.200 0.156
201809 0.452 99.900 0.485
201812 0.029 99.700 0.031
201903 1.233 99.700 1.326
201906 0.614 99.800 0.660
201909 1.564 100.100 1.675
201912 0.489 100.500 0.522
202003 1.135 100.300 1.213
202006 1.184 99.900 1.271
202009 0.851 99.900 0.913
202012 0.540 99.300 0.583
202103 1.343 99.900 1.441
202106 0.715 99.500 0.770
202109 0.985 100.100 1.055
202112 0.616 100.100 0.660
202203 1.014 101.100 1.075
202206 0.882 101.800 0.929
202209 0.921 103.100 0.958
202212 0.581 104.100 0.598
202303 1.181 104.400 1.213
202306 0.685 105.200 0.698
202309 0.926 106.200 0.935
202312 0.491 106.800 0.493
202403 1.499 107.200 1.499

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.


ITOCHU  (FRA:IOC) 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.


ITOCHU Cyclically Adjusted Price-to-FCF Related Terms

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


ITOCHU (FRA:IOC) Business Description

Industry
Traded in Other Exchanges
Address
5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food and Energy and Chemicals. Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

ITOCHU (FRA:IOC) Headlines

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