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Takasago Thermal Engineering Co (TSE:1969) Cyclically Adjusted Price-to-FCF : 131.89 (As of May. 27, 2024)


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What is Takasago Thermal Engineering Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Takasago Thermal Engineering Co's current share price is 円6080.00. Takasago Thermal Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円46.10. Takasago Thermal Engineering Co's Cyclically Adjusted Price-to-FCF for today is 131.89.

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

TSE:1969' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.56   Med: 38.17   Max: 124.3
Current: 124.29

During the past years, Takasago Thermal Engineering Co's highest Cyclically Adjusted Price-to-FCF was 124.30. The lowest was 21.56. And the median was 38.17.

TSE:1969's Cyclically Adjusted Price-to-FCF is ranked worse than
92.86% of 574 companies
in the Construction industry
Industry Median: 18.355 vs TSE:1969: 124.29

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.

Takasago Thermal Engineering Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円78.742. 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 円46.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Takasago Thermal Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co Cyclically Adjusted Price-to-FCF Chart

Takasago Thermal Engineering Co 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 42.54 23.52 24.16 24.03 105.63

Takasago Thermal Engineering 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 24.03 35.44 40.30 61.53 105.63

Competitive Comparison of Takasago Thermal Engineering Co's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.


Takasago Thermal Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Takasago Thermal Engineering 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.

Takasago Thermal Engineering Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6080.00/46.1
=131.89

* 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.

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

For example, Takasago Thermal Engineering 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)
=78.742/107.2000*107.2000
=78.742

Current CPI (Mar. 2024) = 107.2000.

Takasago Thermal Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -10.569 98.000 -11.561
201409 -58.221 98.500 -63.363
201412 -70.435 97.900 -77.126
201503 68.654 97.900 75.176
201506 47.003 98.400 51.207
201509 -139.315 98.500 -151.620
201512 -59.526 98.100 -65.048
201603 102.109 97.900 111.809
201606 101.487 98.100 110.901
201609 37.176 98.000 40.666
201612 67.512 98.400 73.550
201703 103.101 98.100 112.665
201706 -62.572 98.500 -68.099
201709 -51.753 98.800 -56.153
201712 51.566 99.400 55.612
201803 101.547 99.200 109.736
201806 88.498 99.200 95.635
201809 31.743 99.900 34.063
201812 -64.729 99.700 -69.598
201903 92.982 99.700 99.977
201906 -88.646 99.800 -95.219
201909 -135.345 100.100 -144.945
201912 -111.847 100.500 -119.303
202003 86.660 100.300 92.622
202006 -60.056 99.900 -64.444
202009 -56.504 99.900 -60.633
202012 164.970 99.300 178.095
202103 209.597 99.900 224.913
202106 -125.063 99.500 -134.741
202109 -94.130 100.100 -100.807
202112 44.756 100.100 47.931
202203 154.906 101.100 164.252
202206 -128.076 101.800 -134.870
202209 -131.273 103.100 -136.493
202212 65.123 104.100 67.062
202303 507.745 104.400 521.363
202306 -176.727 105.200 -180.087
202309 -33.204 106.200 -33.517
202312 -116.879 106.800 -117.317
202403 78.742 107.200 78.742

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.


Takasago Thermal Engineering Co  (TSE:1969) 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.


Takasago Thermal Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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Takasago Thermal Engineering Co (TSE:1969) Business Description

Traded in Other Exchanges
N/A
Address
6-27-30, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Takasago Thermal Engineering is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focuses on energy supply, power generation, and water treatment.

Takasago Thermal Engineering Co (TSE:1969) Headlines

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