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Ibiden Co (TSE:4062) Cyclically Adjusted FCF per Share : 円72.99 (As of Mar. 2024)


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What is Ibiden Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Ibiden Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円646.334. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is 円72.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ibiden Co's average Cyclically Adjusted FCF Growth Rate was 77.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Ibiden Co was 26.20% per year. The lowest was -26.10% per year. And the median was 0.05% per year.

As of today (2024-05-09), Ibiden Co's current stock price is 円5621.00. Ibiden Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円72.99. Ibiden Co's Cyclically Adjusted Price-to-FCF of today is 77.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ibiden Co was 1351.52. The lowest was 21.95. And the median was 83.00.


Ibiden Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ibiden Co's Cyclically Adjusted FCF per Share 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.

Ibiden Co Cyclically Adjusted FCF per Share Chart

Ibiden Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.50 -23.83 21.94 41.23 72.99

Ibiden Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 41.23 17.31 26.52 8.42 72.99

Competitive Comparison of Ibiden Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Ibiden 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.


Ibiden Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Ibiden Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Ibiden Co'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)
=646.334/107.2000*107.2000
=646.334

Current CPI (Mar. 2024) = 107.2000.

Ibiden Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -28.842 98.000 -31.550
201409 -1.318 98.500 -1.434
201412 26.614 97.900 29.142
201503 48.542 97.900 53.153
201506 -11.406 98.400 -12.426
201509 61.665 98.500 67.112
201512 83.142 98.100 90.854
201603 -13.450 97.900 -14.728
201606 11.256 98.100 12.300
201609 -8.634 98.000 -9.445
201612 -17.869 98.400 -19.467
201703 32.026 98.100 34.997
201706 27.131 98.500 29.527
201709 39.612 98.800 42.980
201712 -43.258 99.400 -46.652
201803 33.195 99.200 35.872
201806 -28.586 99.200 -30.891
201809 10.407 99.900 11.167
201812 -29.151 99.700 -31.344
201903 3.979 99.700 4.278
201906 -15.930 99.800 -17.111
201909 -29.255 100.100 -31.330
201912 -12.931 100.500 -13.793
202003 -30.608 100.300 -32.714
202006 -97.363 99.900 -104.478
202009 -119.640 99.900 -128.382
202012 7.722 99.300 8.336
202103 -59.605 99.900 -63.961
202106 -37.083 99.500 -39.953
202109 49.374 100.100 52.876
202112 117.613 100.100 125.955
202203 164.905 101.100 174.855
202206 319.581 101.800 336.533
202209 117.631 103.100 122.309
202212 -202.080 104.100 -208.098
202303 -79.526 104.400 -81.659
202306 -243.251 105.200 -247.876
202309 125.524 106.200 126.706
202312 -107.679 106.800 -108.082
202403 646.334 107.200 646.334

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Ibiden Co  (TSE:4062) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Ibiden Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5621.00/72.99
=77.01

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ibiden Co was 1351.52. The lowest was 21.95. And the median was 83.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Ibiden Co Cyclically Adjusted FCF per Share Related Terms

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


Ibiden Co (TSE:4062) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ibiden Co Ltd (TSE:4062) » Definitions » Cyclically Adjusted FCF per Share
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Address
2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604
Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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