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Toho Co (FRA:TOH) Cyclically Adjusted Price-to-FCF : 29.41 (As of Jun. 08, 2024)


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What is Toho Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Toho Co's current share price is €30.00. Toho Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €1.02. Toho Co's Cyclically Adjusted Price-to-FCF for today is 29.41.

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

FRA:TOH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.31   Med: 31.6   Max: 38.77
Current: 29.71

During the past years, Toho Co's highest Cyclically Adjusted Price-to-FCF was 38.77. The lowest was 21.31. And the median was 31.60.

FRA:TOH's Cyclically Adjusted Price-to-FCF is ranked worse than
71.86% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs FRA:TOH: 29.71

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.

Toho Co's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €0.303. 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 €1.02 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toho 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.

Toho Co Cyclically Adjusted Price-to-FCF Chart

Toho Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 28.70 31.10 30.10 29.11

Toho Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 30.10 34.15 33.66 30.74 29.11

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

For the Entertainment subindustry, Toho 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.


Toho Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Toho 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.00/1.02
=29.41

* 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.

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

For example, Toho Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.303/106.9000*106.9000
=0.303

Current CPI (Feb. 2024) = 106.9000.

Toho Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.310 98.100 0.338
201408 0.166 98.300 0.181
201411 0.016 97.900 0.017
201502 0.510 97.600 0.559
201505 0.167 98.700 0.181
201508 0.532 98.400 0.578
201511 0.200 98.100 0.218
201602 0.466 97.800 0.509
201605 0.048 98.200 0.052
201608 0.407 97.900 0.444
201611 0.652 98.600 0.707
201702 0.484 98.100 0.527
201705 0.647 98.600 0.701
201708 0.654 98.500 0.710
201711 0.028 99.100 0.030
201802 0.250 99.500 0.269
201805 0.357 99.300 0.384
201808 0.414 99.800 0.443
201811 0.124 100.000 0.133
201902 0.279 99.700 0.299
201905 0.678 100.000 0.725
201908 0.663 100.000 0.709
201911 0.194 100.500 0.206
202002 0.555 100.300 0.592
202005 -0.844 100.100 -0.901
202008 0.198 100.100 0.211
202011 0.552 99.500 0.593
202102 0.178 99.800 0.191
202105 0.478 99.400 0.514
202108 0.068 99.700 0.073
202111 0.075 100.100 0.080
202202 0.518 100.700 0.550
202205 0.207 101.800 0.217
202208 0.439 102.700 0.457
202211 0.002 103.900 0.002
202302 0.516 104.000 0.530
202305 0.125 105.100 0.127
202308 0.558 105.900 0.563
202311 -0.195 106.900 -0.195
202402 0.303 106.900 0.303

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.


Toho Co  (FRA:TOH) 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.


Toho Co Cyclically Adjusted Price-to-FCF Related Terms

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


Toho Co (FRA:TOH) Business Description

Traded in Other Exchanges
Address
1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415
Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

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