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Ichinen Holdings Co (TSE:9619) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Ichinen Holdings Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichinen Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ichinen Holdings 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.

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Ichinen Holdings Co Cyclically Adjusted Price-to-FCF Chart

Ichinen Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
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Ichinen Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ichinen Holdings Co's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Ichinen Holdings 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.


Ichinen Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ichinen Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ichinen Holdings 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.

Ichinen Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ichinen Holdings Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/106.8000*106.8000
=0.000

Current CPI (Dec. 2023) = 106.8000.

Ichinen Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 39.475 95.700 44.054
201406 -95.261 98.000 -103.815
201409 -7.713 98.500 -8.363
201412 5.407 97.900 5.899
201503 108.651 97.900 118.528
201506 -92.398 98.400 -100.286
201509 56.812 98.500 61.599
201512 -8.150 98.100 -8.873
201603 89.886 97.900 98.057
201606 -152.505 98.100 -166.030
201609 -0.964 98.000 -1.051
201612 -10.205 98.400 -11.076
201703 52.394 98.100 57.041
201706 -85.495 98.500 -92.699
201709 6.667 98.800 7.207
201712 -49.392 99.400 -53.069
201803 110.361 99.200 118.816
201806 -114.318 99.200 -123.076
201809 36.302 99.900 38.809
201812 -83.825 99.700 -89.794
201903 90.203 99.700 96.627
201906 -186.194 99.800 -199.254
201909 19.188 100.100 20.472
201912 16.997 100.500 18.062
202003 48.501 100.300 51.644
202006 0.000 99.900 0.000
202009 0.000 99.900 0.000
202012 0.000 99.300 0.000
202103 0.000 99.900 0.000
202106 0.000 99.500 0.000
202109 0.000 100.100 0.000
202112 0.000 100.100 0.000
202203 0.000 101.100 0.000
202206 0.000 101.800 0.000
202209 0.000 103.100 0.000
202212 0.000 104.100 0.000
202303 0.000 104.400 0.000
202306 0.000 105.200 0.000
202309 0.000 106.200 0.000
202312 0.000 106.800 0.000

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.


Ichinen Holdings Co  (TSE:9619) 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.


Ichinen Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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Ichinen Holdings Co (TSE:9619) Business Description

Traded in Other Exchanges
N/A
Address
1-10-6 four Yodogawa-ku, Osaka, JPN, 532-8567
Ichinen Holdings Co Ltd is engaged in the automotive leasing business, chemicals, parking, sales of machine tools, and synthetic resins.

Ichinen Holdings Co (TSE:9619) Headlines

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