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Yamaha (Yamaha) Cyclically Adjusted Price-to-FCF : 29.65 (As of Jun. 09, 2024)


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What is Yamaha Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Yamaha's current share price is $23.72. Yamaha's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.80. Yamaha's Cyclically Adjusted Price-to-FCF for today is 29.65.

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

YAMCY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.51   Med: 48.46   Max: 71.91
Current: 30.62

During the past years, Yamaha's highest Cyclically Adjusted Price-to-FCF was 71.91. The lowest was 25.51. And the median was 48.46.

YAMCY's Cyclically Adjusted Price-to-FCF is ranked worse than
62.64% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.65 vs YAMCY: 30.62

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.

Yamaha's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.500. 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 $0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamaha Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yamaha'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.

Yamaha Cyclically Adjusted Price-to-FCF Chart

Yamaha 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 43.00 50.74 40.63 43.14 26.86

Yamaha 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 43.14 43.95 32.85 26.55 26.86

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

For the Leisure subindustry, Yamaha'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.


Yamaha's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yamaha 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.72/0.8
=29.65

* 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.

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

For example, Yamaha'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)
=0.5/107.2000*107.2000
=0.500

Current CPI (Mar. 2024) = 107.2000.

Yamaha Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.054 98.000 0.059
201409 -0.026 98.500 -0.028
201412 0.171 97.900 0.187
201503 0.631 97.900 0.691
201506 0.146 98.400 0.159
201509 -0.043 98.500 -0.047
201512 0.431 98.100 0.471
201603 0.845 97.900 0.925
201606 -0.046 98.100 -0.050
201609 -0.003 98.000 -0.003
201612 0.376 98.400 0.410
201703 0.879 98.100 0.961
201706 -0.248 98.500 -0.270
201709 0.115 98.800 0.125
201712 0.485 99.400 0.523
201803 0.877 99.200 0.948
201806 -0.389 99.200 -0.420
201809 0.118 99.900 0.127
201812 0.027 99.700 0.029
201903 1.003 99.700 1.078
201906 0.133 99.800 0.143
201909 0.419 100.100 0.449
201912 0.862 100.500 0.919
202003 0.492 100.300 0.526
202006 -0.256 99.900 -0.275
202009 1.015 99.900 1.089
202012 0.629 99.300 0.679
202103 1.055 99.900 1.132
202106 0.501 99.500 0.540
202109 0.632 100.100 0.677
202112 0.167 100.100 0.179
202203 -0.177 101.100 -0.188
202206 -0.827 101.800 -0.871
202209 -0.138 103.100 -0.143
202212 -0.705 104.100 -0.726
202303 0.138 104.400 0.142
202306 0.239 105.200 0.244
202309 -0.022 106.200 -0.022
202312 0.131 106.800 0.131
202403 0.500 107.200 0.500

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.


Yamaha  (OTCPK:YAMCY) 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.


Yamaha Cyclically Adjusted Price-to-FCF Related Terms

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


Yamaha (Yamaha) Business Description

Traded in Other Exchanges
Address
10-1, Nakazawa-cho, Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha is a Japanese manufacturer of musical instruments and audio equipment. The company organises itself into four segments, based on product type: musical instruments, audio equipment, electronic devices, and other. Sales in the musical instruments and audio equipment segments constitute the vast majority of consolidated revenue. The musical instruments segment, which contributes more than half of company revenue, includes pianos, wind, string, percussion, and digital music instruments, and music schools. Audio equipment includes AV receivers, amplifiers, speakers, commercial karaoke equipment, and conference systems. The company derives around a third of its revenue domestically, with North America, Europe, and China the next most significant geographies.

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