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Dentsu Group (TSE:4324) Cyclically Adjusted Price-to-FCF : 12.58 (As of May. 22, 2024)


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What is Dentsu Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Dentsu Group's current share price is 円4225.00. Dentsu Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円335.88. Dentsu Group's Cyclically Adjusted Price-to-FCF for today is 12.58.

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

TSE:4324' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.83   Med: 12.53   Max: 22.17
Current: 12.43

During the past years, Dentsu Group's highest Cyclically Adjusted Price-to-FCF was 22.17. The lowest was 4.83. And the median was 12.53.

TSE:4324's Cyclically Adjusted Price-to-FCF is ranked better than
58.29% of 350 companies
in the Media - Diversified industry
Industry Median: 17.14 vs TSE:4324: 12.43

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.

Dentsu Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円-574.814. 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335.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsu Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dentsu Group'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.

Dentsu Group Cyclically Adjusted Price-to-FCF Chart

Dentsu Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 7.74 10.05 10.11 8.92

Dentsu Group 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 13.59 11.48 12.93 8.92 12.46

Competitive Comparison of Dentsu Group's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Dentsu Group'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.


Dentsu Group's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dentsu Group 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.

Dentsu Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4225.00/335.88
=12.58

* 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.

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

For example, Dentsu Group'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)
=-574.814/107.2000*107.2000
=-574.814

Current CPI (Mar. 2024) = 107.2000.

Dentsu Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -96.846 98.000 -105.938
201409 204.734 98.500 222.817
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 -107.778 98.400 -117.417
201509 156.512 98.500 170.336
201512 196.087 98.100 214.277
201603 4.377 97.900 4.793
201606 272.924 98.100 298.241
201609 -163.872 98.000 -179.256
201612 390.134 98.400 425.024
201703 -179.424 98.100 -196.068
201706 286.930 98.500 312.273
201709 -205.442 98.800 -222.909
201712 601.514 99.400 648.715
201803 -186.610 99.200 -201.659
201806 323.688 99.200 349.792
201809 -230.790 99.900 -247.655
201812 565.695 99.700 608.250
201903 -490.702 99.700 -527.615
201906 348.587 99.800 374.434
201909 -297.087 100.100 -318.159
201912 731.640 100.500 780.416
202003 -419.853 100.300 -448.736
202006 386.287 99.900 414.514
202009 -181.078 99.900 -194.310
202012 520.415 99.300 561.818
202103 -306.920 99.900 -329.348
202106 488.418 99.500 526.215
202109 -272.542 100.100 -291.873
202112 593.039 100.100 635.103
202203 -322.702 101.100 -342.173
202206 271.754 101.800 286.169
202209 -461.640 103.100 -479.998
202212 828.510 104.100 853.182
202303 -484.015 104.400 -496.996
202306 662.147 105.200 674.735
202309 -563.432 106.200 -568.737
202312 670.935 106.800 673.448
202403 -574.814 107.200 -574.814

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.


Dentsu Group  (TSE:4324) 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.


Dentsu Group Cyclically Adjusted Price-to-FCF Related Terms

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Dentsu Group (TSE:4324) Business Description

Traded in Other Exchanges
Address
1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group Inc is a Japanese international advertising and public relations company that provides communication-related solutions and services such as management and business consulting. Dentsu is one of the world's largest advertising agencies. The company operates through its nine global network brands--Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, MKTG, Posterscope and Vizeum--as well as through its specialist/multi-market brands. It is also active in the production and marketing of sports and entertainment content on a global scale. The company earns a majority of its revenue in Japan, followed by Europe and the Americas, while operating in over 100 countries around the world.

Dentsu Group (TSE:4324) Headlines

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