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Daiwa Securities Living Investment (Daiwa Securities Living Investment) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Daiwa Securities Living Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daiwa Securities Living Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daiwa Securities Living Investment'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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Daiwa Securities Living Investment Cyclically Adjusted Price-to-FCF Chart

Daiwa Securities Living Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Daiwa Securities Living Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Daiwa Securities Living Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Residential subindustry, Daiwa Securities Living Investment'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.


Daiwa Securities Living Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Securities Living Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Living Investment's Cyclically Adjusted Price-to-FCF falls into.



Daiwa Securities Living Investment 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.

Daiwa Securities Living Investment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Daiwa Securities Living Investment's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=3.943/106.2000*106.2000
=3.943

Current CPI (Sep23) = 106.2000.

Daiwa Securities Living Investment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -54.345 98.500 -58.593
201509 -74.736 98.500 -80.578
201609 -20.180 98.000 -21.869
201709 11.249 98.800 12.092
201809 44.512 99.900 47.319
201909 35.275 100.100 37.425
202009 -216.039 99.900 -229.663
202109 -68.057 100.100 -72.204
202209 -12.183 103.100 -12.549
202309 3.943 106.200 3.943

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.


Daiwa Securities Living Investment  (OTCPK:JRHIF) 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.


Daiwa Securities Living Investment Cyclically Adjusted Price-to-FCF Related Terms

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Daiwa Securities Living Investment (Daiwa Securities Living Investment) Business Description

Traded in Other Exchanges
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004
Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (Daiwa Securities Living Investment) Headlines

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