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Sharp (FRA:SRP) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Sharp Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sharp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sharp'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.

Sharp Cyclically Adjusted Price-to-FCF Chart

Sharp 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 - - - 25.93 -

Sharp 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 25.93 11.96 11.21 14.81 -

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

For the Consumer Electronics subindustry, Sharp'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.


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

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

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



Sharp 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.

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

For example, Sharp'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)
=0.41/107.2000*107.2000
=0.410

Current CPI (Mar. 2024) = 107.2000.

Sharp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.605 98.000 -0.662
201409 1.120 98.500 1.219
201412 -2.166 97.900 -2.372
201503 0.430 97.900 0.471
201506 -2.800 98.400 -3.050
201509 -0.707 98.500 -0.769
201512 3.116 98.100 3.405
201603 -2.501 97.900 -2.739
201606 -0.162 98.100 -0.177
201609 0.192 98.000 0.210
201612 0.080 98.400 0.087
201703 0.520 98.100 0.568
201706 -0.229 98.500 -0.249
201709 -0.153 98.800 -0.166
201712 -0.170 99.400 -0.183
201803 0.404 99.200 0.437
201806 -1.089 99.200 -1.177
201809 -0.263 99.900 -0.282
201812 0.159 99.700 0.171
201903 0.396 99.700 0.426
201906 -0.432 99.800 -0.464
201909 0.112 100.100 0.120
201912 -0.131 100.500 -0.140
202003 0.116 100.300 0.124
202006 -0.369 99.900 -0.396
202009 0.254 99.900 0.273
202012 0.845 99.300 0.912
202103 1.216 99.900 1.305
202106 -0.169 99.500 -0.182
202109 0.141 100.100 0.151
202112 -0.363 100.100 -0.389
202203 0.541 101.100 0.574
202206 -0.379 101.800 -0.399
202209 -0.270 103.100 -0.281
202212 0.004 104.100 0.004
202303 0.167 104.400 0.171
202306 -0.018 105.200 -0.018
202309 0.210 106.200 0.212
202312 0.086 106.800 0.086
202403 0.410 107.200 0.410

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.


Sharp  (FRA:SRP) 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.


Sharp Cyclically Adjusted Price-to-FCF Related Terms

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Sharp (FRA:SRP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharp Corp (FRA:SRP) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, JPN, 590-8522
Sharp Corp is a Japan-based company that is principally engaged in producing and selling a broad range of consumer and industrial electronic products. The company's business segments consist of the consumer electronics segment, the energy solutions segment, the business solutions segment, the electronic components and devices segment, and the display devices segment. The company generates over half of its revenue from the consumer electronics segment and the display devices segment. It has a global business presence, with China, Japan, the Americas, and Europe its four largest markets.

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