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Nissan Chemical (TSE:4021) Cyclically Adjusted Price-to-FCF : 29.57 (As of May. 26, 2024)


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What is Nissan Chemical Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Nissan Chemical's current share price is 円4468.00. Nissan Chemical's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円151.11. Nissan Chemical's Cyclically Adjusted Price-to-FCF for today is 29.57.

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

TSE:4021' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.97   Med: 41.37   Max: 61.11
Current: 29.57

During the past years, Nissan Chemical's highest Cyclically Adjusted Price-to-FCF was 61.11. The lowest was 23.97. And the median was 41.37.

TSE:4021's Cyclically Adjusted Price-to-FCF is ranked worse than
57.83% of 562 companies
in the Chemicals industry
Industry Median: 24.7 vs TSE:4021: 29.57

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.

Nissan Chemical's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円-45.829. 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151.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nissan Chemical Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nissan Chemical'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.

Nissan Chemical Cyclically Adjusted Price-to-FCF Chart

Nissan Chemical 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 33.67 46.27 51.04 40.50 37.97

Nissan Chemical 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 40.50 40.83 40.91 36.07 37.97

Competitive Comparison of Nissan Chemical's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nissan Chemical's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nissan Chemical 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.

Nissan Chemical's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4468.00/151.11
=29.57

* 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.

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

For example, Nissan Chemical'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)
=-45.829/107.2000*107.2000
=-45.829

Current CPI (Mar. 2024) = 107.2000.

Nissan Chemical Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 24.751 98.000 27.075
201409 93.427 98.500 101.679
201412 -13.167 97.900 -14.418
201503 -33.001 97.900 -36.136
201506 55.434 98.400 60.392
201509 92.620 98.500 100.801
201512 10.995 98.100 12.015
201603 -29.641 97.900 -32.457
201606 45.349 98.100 49.556
201609 105.169 98.000 115.042
201612 -13.208 98.400 -14.389
201703 -16.686 98.100 -18.234
201706 46.126 98.500 50.200
201709 107.223 98.800 116.339
201712 -0.518 99.400 -0.559
201803 -0.700 99.200 -0.756
201806 26.311 99.200 28.433
201809 132.339 99.900 142.009
201812 6.896 99.700 7.415
201903 -20.315 99.700 -21.843
201906 52.100 99.800 55.963
201909 134.828 100.100 144.391
201912 2.921 100.500 3.116
202003 -13.135 100.300 -14.039
202006 70.204 99.900 75.334
202009 130.928 99.900 140.495
202012 -9.026 99.300 -9.744
202103 18.040 99.900 19.358
202106 59.387 99.500 63.983
202109 133.119 100.100 142.561
202112 0.414 100.100 0.443
202203 10.832 101.100 11.486
202206 65.454 101.800 68.926
202209 176.032 103.100 183.032
202212 -68.021 104.100 -70.047
202303 -67.077 104.400 -68.876
202306 38.548 105.200 39.281
202309 137.431 106.200 138.725
202312 -39.463 106.800 -39.611
202403 -45.829 107.200 -45.829

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.


Nissan Chemical  (TSE:4021) 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.


Nissan Chemical Cyclically Adjusted Price-to-FCF Related Terms

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


Nissan Chemical (TSE:4021) Business Description

Industry
Traded in Other Exchanges
Address
7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

Nissan Chemical (TSE:4021) Headlines

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