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Noritsu Koki Co (Noritsu Koki Co) Cyclically Adjusted Price-to-FCF : 95.24 (As of Jun. 01, 2024)


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What is Noritsu Koki Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Noritsu Koki Co's current share price is $20.00. Noritsu Koki Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.21. Noritsu Koki Co's Cyclically Adjusted Price-to-FCF for today is 95.24.

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

NKOKF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.82   Med: 31.86   Max: 407.48
Current: 123.2

During the past years, Noritsu Koki Co's highest Cyclically Adjusted Price-to-FCF was 407.48. The lowest was 18.82. And the median was 31.86.

NKOKF's Cyclically Adjusted Price-to-FCF is ranked worse than
86.88% of 960 companies
in the Hardware industry
Industry Median: 30.38 vs NKOKF: 123.20

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.

Noritsu Koki Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.574. 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 $0.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noritsu Koki Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Cyclically Adjusted Price-to-FCF Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 460.49 22.47 31.04 21.22

Noritsu Koki Co 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 108.63 54.43 - 298.91 95.35

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

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Noritsu Koki 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.00/0.21
=95.24

* 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.

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

For example, Noritsu Koki Co'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)
=1.574/107.2000*107.2000
=1.574

Current CPI (Mar. 2024) = 107.2000.

Noritsu Koki Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.200 98.000 -0.219
201409 0.222 98.500 0.242
201412 0.279 97.900 0.306
201503 0.164 97.900 0.180
201506 0.477 98.400 0.520
201509 0.338 98.500 0.368
201512 0.150 98.100 0.164
201603 0.129 97.900 0.141
201606 -0.128 98.100 -0.140
201609 0.112 98.000 0.123
201612 0.144 98.400 0.157
201703 0.230 98.100 0.251
201706 -0.129 98.500 -0.140
201709 0.661 98.800 0.717
201712 -0.330 99.400 -0.356
201803 0.280 99.200 0.303
201806 0.620 99.200 0.670
201809 -0.082 99.900 -0.088
201812 0.310 99.700 0.333
201903 0.339 99.700 0.365
201906 -0.038 99.800 -0.041
201909 0.539 100.100 0.577
201912 0.319 100.500 0.340
202003 0.610 100.300 0.652
202006 -0.524 99.900 -0.562
202009 0.198 99.900 0.212
202012 0.881 99.300 0.951
202103 0.380 99.900 0.408
202106 0.574 99.500 0.618
202109 -0.361 100.100 -0.387
202112 -0.148 100.100 -0.158
202203 0.479 101.100 0.508
202206 0.427 101.800 0.450
202209 -0.129 103.100 -0.134
202212 1.324 104.100 1.363
202303 -5.978 104.400 -6.138
202306 1.467 105.200 1.495
202309 -2.722 106.200 -2.748
202312 0.710 106.800 0.713
202403 1.574 107.200 1.574

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.


Noritsu Koki Co  (OTCPK:NKOKF) 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.


Noritsu Koki Co Cyclically Adjusted Price-to-FCF Related Terms

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Noritsu Koki Co (Noritsu Koki Co) Business Description

Industry
Traded in Other Exchanges
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

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