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Wacom Co (TSE:6727) Cyclically Adjusted Price-to-FCF : 20.63 (As of Jun. 01, 2024)


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What is Wacom Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Wacom Co's current share price is 円709.00. Wacom Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円34.36. Wacom Co's Cyclically Adjusted Price-to-FCF for today is 20.63.

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

TSE:6727' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.7   Med: 23.64   Max: 36.5
Current: 20.9

During the past years, Wacom Co's highest Cyclically Adjusted Price-to-FCF was 36.50. The lowest was 10.70. And the median was 23.64.

TSE:6727's Cyclically Adjusted Price-to-FCF is ranked better than
63.96% of 960 companies
in the Hardware industry
Industry Median: 30.38 vs TSE:6727: 20.90

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.

Wacom Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円59.220. 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34.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacom Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wacom Co'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.

Wacom Co Cyclically Adjusted Price-to-FCF Chart

Wacom Co 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 12.44 22.57 32.56 28.53 19.41

Wacom Co 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 28.53 21.86 20.06 22.41 19.41

Competitive Comparison of Wacom Co's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Wacom Co'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.


Wacom Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wacom Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wacom Co 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=709.00/34.36
=20.63

* 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.

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

For example, Wacom Co'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)
=59.22/107.2000*107.2000
=59.220

Current CPI (Mar. 2024) = 107.2000.

Wacom Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.048 98.000 -0.053
201409 -4.678 98.500 -5.091
201412 27.932 97.900 30.585
201503 17.520 97.900 19.184
201506 -12.784 98.400 -13.927
201509 6.695 98.500 7.286
201512 14.088 98.100 15.395
201603 4.294 97.900 4.702
201606 -1.440 98.100 -1.574
201609 -3.178 98.000 -3.476
201612 14.499 98.400 15.796
201703 -9.092 98.100 -9.935
201706 -7.417 98.500 -8.072
201709 5.912 98.800 6.415
201712 34.205 99.400 36.889
201803 9.048 99.200 9.778
201806 -5.885 99.200 -6.360
201809 19.889 99.900 21.342
201812 1.102 99.700 1.185
201903 -8.617 99.700 -9.265
201906 0.712 99.800 0.765
201909 41.787 100.100 44.751
201912 8.789 100.500 9.375
202003 17.129 100.300 18.307
202006 12.412 99.900 13.319
202009 47.633 99.900 51.114
202012 18.948 99.300 20.455
202103 3.168 99.900 3.399
202106 -20.000 99.500 -21.548
202109 -5.482 100.100 -5.871
202112 -2.248 100.100 -2.407
202203 17.203 101.100 18.241
202206 -15.020 101.800 -15.817
202209 -37.735 103.100 -39.236
202212 -12.068 104.100 -12.427
202303 48.900 104.400 50.211
202306 11.570 105.200 11.790
202309 19.502 106.200 19.686
202312 9.436 106.800 9.471
202403 59.220 107.200 59.220

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.


Wacom Co  (TSE:6727) 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.


Wacom Co Cyclically Adjusted Price-to-FCF Related Terms

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Wacom Co (TSE:6727) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wacom Co Ltd (TSE:6727) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2-510-1 Toyonodai, Kazo-shi, Saitama, JPN, 349-1148
Wacom Co Ltd is a Japan-based manufacturer of display products. The firm's operations are organized in three segments--the brands segment, which develops, manufactures, and distributes graphic design tablets used to produce film, animation, and photographs; the components segment, which sells components and modules for smartphones and tablets; and the others segment, which develops and sells computer-aided design products. The firm has operations in the United States, Europe, China, India, Taiwan, Hong Kong, and Australia.

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