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Noritsu Koki Co (TSE:7744) Cyclically Adjusted Price-to-FCF : 114.52 (As of May. 20, 2024)


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What is Noritsu Koki Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Noritsu Koki Co's current share price is 円3825.00. Noritsu Koki Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円33.40. Noritsu Koki Co's Cyclically Adjusted Price-to-FCF for today is 114.52.

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

TSE:7744' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.82   Med: 31.5   Max: 407.48
Current: 114.51

During the past years, Noritsu Koki Co's highest Cyclically Adjusted Price-to-FCF was 407.48. The lowest was 18.82. And the median was 31.50.

TSE:7744's Cyclically Adjusted Price-to-FCF is ranked worse than
85.52% of 960 companies
in the Hardware industry
Industry Median: 29.78 vs TSE:7744: 114.51

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.

Noritsu Koki Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円235.860. 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33.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noritsu Koki Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Cyclically Adjusted Price-to-FCF Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 460.49 22.47 31.04 21.22

Noritsu Koki 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 108.63 54.43 - 298.91 95.35

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

For the Consumer Electronics subindustry, Noritsu Koki 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.


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

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

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



Noritsu Koki 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3825.00/33.4
=114.52

* 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.

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

For example, Noritsu Koki 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)
=235.86/107.2000*107.2000
=235.860

Current CPI (Mar. 2024) = 107.2000.

Noritsu Koki Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -20.385 98.000 -22.299
201409 23.839 98.500 25.945
201412 33.273 97.900 36.434
201503 19.790 97.900 21.670
201506 58.966 98.400 64.239
201509 40.574 98.500 44.158
201512 18.251 98.100 19.944
201603 14.517 97.900 15.896
201606 -13.478 98.100 -14.728
201609 11.428 98.000 12.501
201612 16.651 98.400 18.140
201703 25.973 98.100 28.382
201706 -14.292 98.500 -15.554
201709 73.258 98.800 79.486
201712 -37.233 99.400 -40.155
201803 29.679 99.200 32.072
201806 68.204 99.200 73.704
201809 -9.238 99.900 -9.913
201812 34.790 99.700 37.407
201903 37.666 99.700 40.499
201906 -4.064 99.800 -4.365
201909 58.011 100.100 62.126
201912 34.795 100.500 37.115
202003 65.674 100.300 70.192
202006 -56.389 99.900 -60.510
202009 20.919 99.900 22.448
202012 91.471 99.300 98.748
202103 41.360 99.900 44.382
202106 63.254 99.500 68.149
202109 -39.721 100.100 -42.538
202112 -16.882 100.100 -18.079
202203 56.856 101.100 60.286
202206 57.266 101.800 60.304
202209 -18.479 103.100 -19.214
202212 178.698 104.100 184.019
202303 -798.981 104.400 -820.410
202306 207.337 105.200 211.279
202309 -402.394 106.200 -406.183
202312 102.197 106.800 102.580
202403 235.860 107.200 235.860

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.


Noritsu Koki Co  (TSE:7744) 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.


Noritsu Koki Co Cyclically Adjusted Price-to-FCF Related Terms

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Noritsu Koki Co (TSE:7744) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (TSE:7744) Headlines

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