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Toyota Motor (HAM:TOM) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Toyota Motor Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toyota Motor'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.

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Toyota Motor Cyclically Adjusted Price-to-FCF Chart

Toyota Motor 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 115.53 1,069.24 1,582.20 - -

Toyota Motor 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 - - - - -

Competitive Comparison of Toyota Motor's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Toyota Motor 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.

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

For example, Toyota Motor'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)
=-0.047/107.2000*107.2000
=-0.047

Current CPI (Mar. 2024) = 107.2000.

Toyota Motor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 98.000 0.039
201409 0.007 98.500 0.008
201412 -0.056 97.900 -0.061
201503 0.177 97.900 0.194
201506 0.030 98.400 0.033
201509 -0.076 98.500 -0.083
201512 0.055 98.100 0.060
201603 0.197 97.900 0.216
201606 0.119 98.100 0.130
201609 -0.249 98.000 -0.272
201612 -0.124 98.400 -0.135
201703 0.260 98.100 0.284
201706 0.102 98.500 0.111
201709 0.035 98.800 0.038
201712 0.012 99.400 0.013
201803 0.175 99.200 0.189
201806 -0.107 99.200 -0.116
201809 0.056 99.900 0.060
201812 0.059 99.700 0.063
201903 0.007 99.700 0.008
201906 -0.216 99.800 -0.232
201909 -0.025 100.100 -0.027
201912 -0.278 100.500 -0.297
202003 -0.267 100.300 -0.285
202006 -0.087 99.900 -0.093
202009 -0.154 99.900 -0.165
202012 -0.277 99.300 -0.299
202103 -0.068 99.900 -0.073
202106 -0.097 99.500 -0.105
202109 -0.041 100.100 -0.044
202112 -0.018 100.100 -0.019
202203 0.099 101.100 0.105
202206 -0.072 101.800 -0.076
202209 -0.013 103.100 -0.014
202212 -0.392 104.100 -0.404
202303 0.092 104.400 0.094
202306 0.088 105.200 0.090
202309 -0.094 106.200 -0.095
202312 -0.341 106.800 -0.342
202403 -0.047 107.200 -0.047

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.


Toyota Motor  (HAM:TOM) 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.


Toyota Motor Cyclically Adjusted Price-to-FCF Related Terms

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Toyota Motor (HAM:TOM) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

Toyota Motor (HAM:TOM) Headlines

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