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Nidec (TSE:6594) Cyclically Adjusted Price-to-FCF : 70.45 (As of May. 17, 2024)


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What is Nidec Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Nidec's current share price is 円7327.00. Nidec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円104.01. Nidec's Cyclically Adjusted Price-to-FCF for today is 70.45.

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

TSE:6594' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.7   Med: 82.55   Max: 174.98
Current: 69.28

During the past years, Nidec's highest Cyclically Adjusted Price-to-FCF was 174.98. The lowest was 32.70. And the median was 82.55.

TSE:6594's Cyclically Adjusted Price-to-FCF is ranked worse than
73.28% of 1033 companies
in the Industrial Products industry
Industry Median: 33.75 vs TSE:6594: 69.28

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.

Nidec's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円149.015. 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104.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nidec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nidec'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.

Nidec Cyclically Adjusted Price-to-FCF Chart

Nidec 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 73.83 147.52 113.49 88.36 58.93

Nidec 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 88.36 91.89 78.78 62.31 58.93

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

For the Specialty Industrial Machinery subindustry, Nidec'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.


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

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

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



Nidec 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7327.00/104.01
=70.45

* 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.

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

For example, Nidec'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)
=149.015/107.2000*107.2000
=149.015

Current CPI (Mar. 2024) = 107.2000.

Nidec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 14.633 98.000 16.007
201409 14.336 98.500 15.602
201412 -3.393 97.900 -3.715
201503 31.303 97.900 34.277
201506 35.257 98.400 38.410
201509 1.525 98.500 1.660
201512 41.592 98.100 45.450
201603 32.261 97.900 35.326
201606 35.258 98.100 38.529
201609 76.020 98.000 83.157
201612 -17.733 98.400 -19.319
201703 3.624 98.100 3.960
201706 39.419 98.500 42.901
201709 12.730 98.800 13.812
201712 54.647 99.400 58.935
201803 20.174 99.200 21.801
201806 17.297 99.200 18.692
201809 35.432 99.900 38.021
201812 10.021 99.700 10.775
201903 0.207 99.700 0.223
201906 -14.727 99.800 -15.819
201909 9.017 100.100 9.657
201912 39.802 100.500 42.455
202003 7.566 100.300 8.086
202006 -12.046 99.900 -12.926
202009 49.190 99.900 52.784
202012 82.536 99.300 89.102
202103 83.855 99.900 89.983
202106 -3.987 99.500 -4.296
202109 -17.315 100.100 -18.543
202112 -11.652 100.100 -12.478
202203 -1.629 101.100 -1.727
202206 -29.917 101.800 -31.504
202209 -3.718 103.100 -3.866
202212 15.351 104.100 15.808
202303 0.612 104.400 0.628
202306 86.277 105.200 87.917
202309 53.068 106.200 53.568
202312 47.607 106.800 47.785
202403 149.015 107.200 149.015

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.


Nidec  (TSE:6594) 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.


Nidec Cyclically Adjusted Price-to-FCF Related Terms

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


Nidec (TSE:6594) Business Description

Industry
Address
338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205
Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

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