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Konica Minolta (TSE:4902) Cyclically Adjusted Price-to-FCF : 20.85 (As of May. 14, 2024)


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What is Konica Minolta Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Konica Minolta's current share price is 円542.60. Konica Minolta's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円26.03. Konica Minolta's Cyclically Adjusted Price-to-FCF for today is 20.85.

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

TSE:4902' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.03   Med: 13.57   Max: 20.81
Current: 20.81

During the past years, Konica Minolta's highest Cyclically Adjusted Price-to-FCF was 20.81. The lowest was 6.03. And the median was 13.57.

TSE:4902's Cyclically Adjusted Price-to-FCF is ranked better than
70.18% of 1033 companies
in the Industrial Products industry
Industry Median: 33.75 vs TSE:4902: 20.81

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.

Konica Minolta's adjusted free cash flow per share data for the three months ended in Dec. 2023 was 円5.754. 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26.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konica Minolta Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Konica Minolta'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.

Konica Minolta Cyclically Adjusted Price-to-FCF Chart

Konica Minolta Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.67 9.17 11.89 13.25 19.76

Konica Minolta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.35 19.76 19.17 18.95 15.86

Competitive Comparison of Konica Minolta's Cyclically Adjusted Price-to-FCF

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Konica Minolta's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Konica Minolta 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.

Konica Minolta's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=542.60/26.03
=20.85

* 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.

Konica Minolta's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Konica Minolta's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.754/106.8000*106.8000
=5.754

Current CPI (Dec. 2023) = 106.8000.

Konica Minolta Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 28.750 95.700 32.085
201406 -6.884 98.000 -7.502
201409 52.126 98.500 56.518
201412 26.689 97.900 29.115
201503 35.471 97.900 38.696
201506 -25.939 98.400 -28.153
201509 17.264 98.500 18.719
201512 -0.284 98.100 -0.309
201603 27.263 97.900 29.741
201606 6.905 98.100 7.517
201609 24.352 98.000 26.539
201612 8.444 98.400 9.165
201703 15.021 98.100 16.353
201706 -21.074 98.500 -22.850
201709 43.671 98.800 47.207
201712 4.475 99.400 4.808
201803 28.107 99.200 30.260
201806 -14.560 99.200 -15.675
201809 14.273 99.900 15.259
201812 4.971 99.700 5.325
201903 7.038 99.700 7.539
201906 -23.861 99.800 -25.535
201909 -6.706 100.100 -7.155
201912 -15.414 100.500 -16.380
202003 6.830 100.300 7.273
202006 -32.675 99.900 -34.932
202009 14.911 99.900 15.941
202012 39.091 99.300 42.043
202103 55.206 99.900 59.019
202106 -9.186 99.500 -9.860
202109 26.744 100.100 28.534
202112 -45.093 100.100 -48.111
202203 -20.262 101.100 -21.404
202206 -55.033 101.800 -57.736
202209 -0.174 103.100 -0.180
202212 -37.099 104.100 -38.061
202303 36.791 104.400 37.637
202306 -18.829 105.200 -19.115
202309 42.014 106.200 42.251
202312 5.754 106.800 5.754

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.


Konica Minolta  (TSE:4902) 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.


Konica Minolta Cyclically Adjusted Price-to-FCF Related Terms

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


Konica Minolta (TSE:4902) Business Description

Traded in Other Exchanges
Address
JP Tower, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta is a Japanese equipment and material manufacturer that operates globally, generating most of its revenue in Europe, North America and Japan. The company is divided into the office, professional print, healthcare, and the industrial segments. The office business (which includes office tools such as printers as well as IT solutions) is the biggest contributor to revenue, followed by the professional print business (which includes commercial and industrial print systems). The industrial business focuses on development, manufacture, and sales of performance materials and optical systems for industrial use. The healthcare segment provides X-ray diagnostics systems, ultrasound diagnostics tools, and medical IT services.

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