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LIXIL (TSE:5938) Cyclically Adjusted Price-to-FCF : 12.71 (As of May. 29, 2024)


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What is LIXIL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), LIXIL's current share price is 円1727.00. LIXIL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円135.89. LIXIL's Cyclically Adjusted Price-to-FCF for today is 12.71.

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

TSE:5938' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.39   Med: 21.28   Max: 43.33
Current: 12.88

During the past years, LIXIL's highest Cyclically Adjusted Price-to-FCF was 43.33. The lowest was 12.39. And the median was 21.28.

TSE:5938's Cyclically Adjusted Price-to-FCF is ranked better than
63.75% of 582 companies
in the Construction industry
Industry Median: 18.28 vs TSE:5938: 12.88

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.

LIXIL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円73.662. 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135.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LIXIL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LIXIL'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.

LIXIL Cyclically Adjusted Price-to-FCF Chart

LIXIL 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 15.47 27.99 16.57 15.35 13.82

LIXIL 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 15.35 14.07 13.68 13.00 13.82

Competitive Comparison of LIXIL's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, LIXIL'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.


LIXIL's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



LIXIL 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1727.00/135.89
=12.71

* 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.

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

For example, LIXIL'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)
=73.662/107.2000*107.2000
=73.662

Current CPI (Mar. 2024) = 107.2000.

LIXIL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.204 98.000 7.880
201409 32.550 98.500 35.425
201412 77.458 97.900 84.816
201503 8.692 97.900 9.518
201506 -37.157 98.400 -40.480
201509 48.357 98.500 52.628
201512 70.413 98.100 76.945
201603 75.835 97.900 83.039
201606 41.296 98.100 45.127
201609 17.968 98.000 19.655
201612 59.636 98.400 64.969
201703 85.802 98.100 93.761
201706 39.016 98.500 42.462
201709 -4.446 98.800 -4.824
201712 50.561 99.400 54.529
201803 59.457 99.200 64.252
201806 -32.819 99.200 -35.466
201809 -30.615 99.900 -32.852
201812 -9.001 99.700 -9.678
201903 82.832 99.700 89.063
201906 52.880 99.800 56.801
201909 34.777 100.100 37.244
201912 80.160 100.500 85.504
202003 109.114 100.300 116.620
202006 69.806 99.900 74.907
202009 25.588 99.900 27.458
202012 68.538 99.300 73.991
202103 109.357 99.900 117.348
202106 29.146 99.500 31.402
202109 38.524 100.100 41.256
202112 107.916 100.100 115.570
202203 51.266 101.100 54.359
202206 -93.333 101.800 -98.284
202209 -111.122 103.100 -115.541
202212 48.070 104.100 49.501
202303 16.859 104.400 17.311
202306 -123.824 105.200 -126.178
202309 -65.849 106.200 -66.469
202312 91.302 106.800 91.644
202403 73.662 107.200 73.662

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.


LIXIL  (TSE:5938) 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.


LIXIL Cyclically Adjusted Price-to-FCF Related Terms

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


LIXIL (TSE:5938) Business Description

Industry
Traded in Other Exchanges
Address
Osaki Garden Tower, 1-1 Nishi-Shinagawa 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0033
LIXIL Corp manufactures and sells building and housing materials globally through two primary segments based on location. The company's product portfolio includes building materials, doors, shutters, plumbing fixtures, equipment, curtain walls, faucets, and bathtubs. The domestic business segment, which generates the majority of revenue, sells its products throughout Japan through retail and distribution centers. The segment also sells and manages real estate. The overseas business segment sells products throughout Asia and North America. Bathroom products in North America are sold under the American Standard brand.

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