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Internet Initiative Japan (Internet Initiative Japan) Cyclically Adjusted Price-to-FCF : 27.40 (As of Jun. 04, 2024)


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What is Internet Initiative Japan Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Internet Initiative Japan's current share price is $15.072. Internet Initiative Japan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.55. Internet Initiative Japan's Cyclically Adjusted Price-to-FCF for today is 27.40.

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

IIJIF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.36   Med: 26.11   Max: 55.54
Current: 27.32

During the past years, Internet Initiative Japan's highest Cyclically Adjusted Price-to-FCF was 55.54. The lowest was 14.36. And the median was 26.11.

IIJIF's Cyclically Adjusted Price-to-FCF is ranked worse than
76.84% of 190 companies
in the Telecommunication Services industry
Industry Median: 12.97 vs IIJIF: 27.32

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.

Internet Initiative Japan's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.311. 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 $0.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Internet Initiative Japan Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Internet Initiative Japan'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.

Internet Initiative Japan Cyclically Adjusted Price-to-FCF Chart

Internet Initiative Japan 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 28.86 31.53 36.73 41.18 35.08

Internet Initiative Japan 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 41.18 40.54 34.10 37.55 35.08

Competitive Comparison of Internet Initiative Japan's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Internet Initiative Japan'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.


Internet Initiative Japan's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Internet Initiative Japan 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.

Internet Initiative Japan's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.072/0.55
=27.40

* 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.

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

For example, Internet Initiative Japan'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)
=0.311/107.2000*107.2000
=0.311

Current CPI (Mar. 2024) = 107.2000.

Internet Initiative Japan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 98.000 0.054
201409 0.021 98.500 0.023
201412 0.096 97.900 0.105
201503 0.059 97.900 0.065
201506 0.006 98.400 0.007
201509 0.029 98.500 0.032
201512 -0.063 98.100 -0.069
201603 0.086 97.900 0.094
201606 -0.165 98.100 -0.180
201609 0.102 98.000 0.112
201612 -0.106 98.400 -0.115
201703 0.014 98.100 0.015
201706 -0.030 98.500 -0.033
201709 0.014 98.800 0.015
201712 -0.155 99.400 -0.167
201803 0.049 99.200 0.053
201806 0.175 99.200 0.189
201809 0.230 99.900 0.247
201812 0.027 99.700 0.029
201903 0.193 99.700 0.208
201906 0.033 99.800 0.035
201909 0.284 100.100 0.304
201912 0.437 100.500 0.466
202003 0.346 100.300 0.370
202006 0.432 99.900 0.464
202009 0.394 99.900 0.423
202012 0.380 99.300 0.410
202103 0.325 99.900 0.349
202106 0.175 99.500 0.189
202109 0.106 100.100 0.114
202112 0.786 100.100 0.842
202203 0.474 101.100 0.503
202206 0.077 101.800 0.081
202209 0.144 103.100 0.150
202212 0.318 104.100 0.327
202303 0.324 104.400 0.333
202306 -0.053 105.200 -0.054
202309 0.293 106.200 0.296
202312 0.281 106.800 0.282
202403 0.311 107.200 0.311

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.


Internet Initiative Japan  (OTCPK:IIJIF) 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.


Internet Initiative Japan Cyclically Adjusted Price-to-FCF Related Terms

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


Internet Initiative Japan (Internet Initiative Japan) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.