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MISUMI Group (TSE:9962) Cyclically Adjusted Price-to-FCF : 23.63 (As of May. 15, 2024)


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What is MISUMI Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), MISUMI Group's current share price is 円2713.00. MISUMI Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円114.79. MISUMI Group's Cyclically Adjusted Price-to-FCF for today is 23.63.

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

TSE:9962' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.54   Med: 42.57   Max: 69.86
Current: 23.61

During the past years, MISUMI Group's highest Cyclically Adjusted Price-to-FCF was 69.86. The lowest was 18.54. And the median was 42.57.

TSE:9962's Cyclically Adjusted Price-to-FCF is ranked better than
63.06% of 1034 companies
in the Industrial Products industry
Industry Median: 33.7 vs TSE:9962: 23.61

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.

MISUMI Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円58.069. 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114.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISUMI Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group Cyclically Adjusted Price-to-FCF Chart

MISUMI Group 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 35.19 40.03 37.53 32.31 17.98

MISUMI Group 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 32.31 27.84 21.70 21.52 17.98

Competitive Comparison of MISUMI Group's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MISUMI Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MISUMI Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2713.00/114.79
=23.63

* 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.

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

For example, MISUMI Group'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)
=58.069/107.2000*107.2000
=58.069

Current CPI (Mar. 2024) = 107.2000.

MISUMI Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 3.082 98.400 3.358
201509 16.975 98.500 18.474
201512 12.603 98.100 13.772
201603 23.137 97.900 25.335
201606 7.802 98.100 8.526
201609 25.619 98.000 28.024
201612 10.791 98.400 11.756
201703 20.727 98.100 22.650
201706 6.072 98.500 6.608
201709 20.622 98.800 22.375
201712 33.902 99.400 36.562
201803 24.880 99.200 26.886
201806 -9.271 99.200 -10.019
201809 17.377 99.900 18.647
201812 16.064 99.700 17.272
201903 21.664 99.700 23.294
201906 13.570 99.800 14.576
201909 33.396 100.100 35.765
201912 23.869 100.500 25.460
202003 28.282 100.300 30.228
202006 12.172 99.900 13.061
202009 35.599 99.900 38.200
202012 32.680 99.300 35.280
202103 47.575 99.900 51.051
202106 30.288 99.500 32.632
202109 69.146 100.100 74.050
202112 50.193 100.100 53.753
202203 44.634 101.100 47.327
202206 9.754 101.800 10.271
202209 43.037 103.100 44.748
202212 18.883 104.100 19.445
202303 38.558 104.400 39.592
202306 26.890 105.200 27.401
202309 56.770 106.200 57.305
202312 51.225 106.800 51.417
202403 58.069 107.200 58.069

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.


MISUMI Group  (TSE:9962) 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.


MISUMI Group Cyclically Adjusted Price-to-FCF Related Terms

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


MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

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