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SCSK (TSE:9719) Cyclically Adjusted Price-to-FCF : 28.12 (As of May. 29, 2024)


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What is SCSK Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), SCSK's current share price is 円2977.50. SCSK's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円105.90. SCSK's Cyclically Adjusted Price-to-FCF for today is 28.12.

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

TSE:9719' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.69   Med: 26.76   Max: 32.84
Current: 28.03

During the past years, SCSK's highest Cyclically Adjusted Price-to-FCF was 32.84. The lowest was 19.69. And the median was 26.76.

TSE:9719's Cyclically Adjusted Price-to-FCF is ranked better than
51.04% of 670 companies
in the Software industry
Industry Median: 28.43 vs TSE:9719: 28.03

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.

SCSK's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円51.578. 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105.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SCSK Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SCSK'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.

SCSK Cyclically Adjusted Price-to-FCF Chart

SCSK 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 22.94 27.65 24.25 20.60 26.58

SCSK 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 20.60 22.48 25.71 26.74 26.58

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

For the Information Technology Services subindustry, SCSK'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.


SCSK's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



SCSK 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2977.50/105.9
=28.12

* 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.

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

For example, SCSK'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)
=51.578/107.2000*107.2000
=51.578

Current CPI (Mar. 2024) = 107.2000.

SCSK Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 14.463 98.000 15.821
201409 2.441 98.500 2.657
201412 17.651 97.900 19.328
201503 15.899 97.900 17.409
201506 15.484 98.400 16.869
201509 2.948 98.500 3.208
201512 20.946 98.100 22.889
201603 35.166 97.900 38.507
201606 8.911 98.100 9.738
201609 -1.034 98.000 -1.131
201612 26.311 98.400 28.664
201703 38.232 98.100 41.778
201706 23.853 98.500 25.960
201709 -4.497 98.800 -4.879
201712 26.803 99.400 28.906
201803 28.259 99.200 30.538
201806 28.146 99.200 30.416
201809 10.217 99.900 10.964
201812 5.015 99.700 5.392
201903 15.211 99.700 16.355
201906 45.273 99.800 48.630
201909 9.179 100.100 9.830
201912 43.195 100.500 46.075
202003 39.000 100.300 41.683
202006 27.886 99.900 29.924
202009 26.567 99.900 28.508
202012 10.758 99.300 11.614
202103 40.336 99.900 43.283
202106 74.386 99.500 80.143
202109 8.590 100.100 9.199
202112 31.817 100.100 34.074
202203 29.334 101.100 31.104
202206 24.451 101.800 25.748
202209 14.254 103.100 14.821
202212 21.611 104.100 22.255
202303 33.441 104.400 34.338
202306 68.999 105.200 70.311
202309 40.534 106.200 40.916
202312 25.530 106.800 25.626
202403 51.578 107.200 51.578

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.


SCSK  (TSE:9719) 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.


SCSK Cyclically Adjusted Price-to-FCF Related Terms

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


SCSK (TSE:9719) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SCSK Corp (TSE:9719) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Toyosu Front, 3-2-20 Toyosu, Koto-ku, Tokyo, JPN, 135-8110
SCSK Corp is an information technology-based company in Japan. Its business involves the provision of IT infrastructure and solutions for applications in various markets. The IT Platform segment provides IT infrastructure construction-related services. Industrial Systems is concerned with infrastructure systems, information systems, and enterprise resource planning (ERP) solutions. The Financial Systems segment provides various systems for the bank and non-bank customers. The Business Solutions segment renders customer relationship management and business intelligence.

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