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Invincible Investment (TSE:8963) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Invincible Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Invincible Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Invincible Investment'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.

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Invincible Investment Cyclically Adjusted Price-to-FCF Chart

Invincible Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Invincible Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Invincible Investment's Cyclically Adjusted Price-to-FCF

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.


Invincible Investment's Cyclically Adjusted Price-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Invincible Investment 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.

Invincible Investment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Invincible Investment's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=1782.002/104.1000*104.1000
=1,782.002

Current CPI (Dec22) = 104.1000.

Invincible Investment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 1,852.934 95.600 2,017.682
201412 -18,334.565 97.900 -19,495.692
201512 -16,465.313 98.100 -17,472.366
201612 -22,259.345 98.400 -23,548.758
201712 -14,025.514 99.400 -14,688.692
201812 -7,449.307 99.700 -7,778.063
201912 -2,904.978 100.500 -3,009.037
202012 1,198.003 99.300 1,255.913
202112 1,923.328 100.100 2,000.184
202212 1,782.002 104.100 1,782.002

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.


Invincible Investment  (TSE:8963) 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.


Invincible Investment Cyclically Adjusted Price-to-FCF Related Terms

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Invincible Investment (TSE:8963) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN
Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

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