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Hitachi (TSE:6501) Cyclically Adjusted Price-to-FCF : 92.78 (As of May. 22, 2024)


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What is Hitachi Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Hitachi's current share price is 円14935.00. Hitachi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円160.97. Hitachi's Cyclically Adjusted Price-to-FCF for today is 92.78.

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

TSE:6501' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 82.81   Med: 195.54   Max: 5887.5
Current: 90.48

During the past years, Hitachi's highest Cyclically Adjusted Price-to-FCF was 5887.50. The lowest was 82.81. And the median was 195.54.

TSE:6501's Cyclically Adjusted Price-to-FCF is ranked worse than
89.11% of 202 companies
in the Conglomerates industry
Industry Median: 19.705 vs TSE:6501: 90.48

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.

Hitachi's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円326.410. 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160.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hitachi'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.

Hitachi Cyclically Adjusted Price-to-FCF Chart

Hitachi 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 - - - 296.72 86.57

Hitachi 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 296.72 176.24 137.60 87.89 86.57

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

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Hitachi 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14935.00/160.97
=92.78

* 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.

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

For example, Hitachi'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)
=326.41/107.2000*107.2000
=326.410

Current CPI (Mar. 2024) = 107.2000.

Hitachi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -93.506 98.000 -102.284
201409 -168.174 98.500 -183.028
201412 -305.215 97.900 -334.209
201503 71.022 97.900 77.769
201506 -122.423 98.400 -133.371
201509 -80.685 98.500 -87.811
201512 -178.675 98.100 -195.249
201603 161.202 97.900 176.515
201606 -144.702 98.100 -158.125
201609 -42.648 98.000 -46.652
201612 -6.216 98.400 -6.772
201703 110.172 98.100 120.392
201706 31.007 98.500 33.746
201709 35.207 98.800 38.200
201712 96.277 99.400 103.832
201803 130.965 99.200 141.527
201806 11.532 99.200 12.462
201809 -40.124 99.900 -43.056
201812 -128.340 99.700 -137.994
201903 299.217 99.700 321.726
201906 -19.666 99.800 -21.124
201909 16.098 100.100 17.240
201912 14.083 100.500 15.022
202003 133.961 100.300 143.177
202006 83.563 99.900 89.669
202009 -31.054 99.900 -33.323
202012 135.608 99.300 146.397
202103 246.097 99.900 264.080
202106 40.884 99.500 44.048
202109 -85.958 100.100 -92.055
202112 -5.103 100.100 -5.465
202203 349.919 101.100 371.032
202206 5.592 101.800 5.889
202209 20.175 103.100 20.977
202212 53.492 104.100 55.085
202303 364.185 104.400 373.952
202306 31.014 105.200 31.604
202309 98.963 106.200 99.895
202312 158.955 106.800 159.550
202403 326.410 107.200 326.410

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.


Hitachi  (TSE:6501) 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.


Hitachi Cyclically Adjusted Price-to-FCF Related Terms

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


Hitachi (TSE:6501) Business Description

Industry
Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.

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