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Marubeni (TSE:8002) Cyclically Adjusted FCF per Share : 円127.34 (As of Dec. 2023)


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What is Marubeni 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.

Marubeni's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円-10.074. 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127.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marubeni's average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% 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 Marubeni was 16.40% per year. The lowest was 2.60% per year. And the median was 5.00% per year.

As of today (2024-04-27), Marubeni's current stock price is 円2706.00. Marubeni's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円127.34. Marubeni's Cyclically Adjusted Price-to-FCF of today is 21.25.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marubeni was 22.05. The lowest was 6.01. And the median was 11.30.


Marubeni Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marubeni'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.

Marubeni Cyclically Adjusted FCF per Share Chart

Marubeni Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.96 73.20 81.40 92.81 115.42

Marubeni Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 111.85 115.42 126.67 126.17 127.34

Competitive Comparison of Marubeni's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Marubeni'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.


Marubeni's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Marubeni's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Marubeni 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, Marubeni'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)
=-10.074/106.8000*106.8000
=-10.074

Current CPI (Dec. 2023) = 106.8000.

Marubeni Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 91.382 95.700 101.981
201406 -69.973 98.000 -76.256
201409 -6.809 98.500 -7.383
201412 -44.345 97.900 -48.376
201503 87.871 97.900 95.859
201506 38.960 98.400 42.286
201509 -27.182 98.500 -29.472
201512 -4.291 98.100 -4.672
201603 50.023 97.900 54.571
201606 -0.700 98.100 -0.762
201609 8.091 98.000 8.818
201612 51.548 98.400 55.948
201703 52.406 98.100 57.054
201706 -22.626 98.500 -24.533
201709 12.634 98.800 13.657
201712 17.917 99.400 19.251
201803 78.593 99.200 84.614
201806 -16.136 99.200 -17.372
201809 -7.932 99.900 -8.480
201812 43.573 99.700 46.676
201903 90.832 99.700 97.300
201906 -6.573 99.800 -7.034
201909 17.307 100.100 18.465
201912 35.264 100.500 37.475
202003 79.039 100.300 84.161
202006 51.442 99.900 54.995
202009 2.498 99.900 2.671
202012 -10.667 99.300 -11.473
202103 113.739 99.900 121.595
202106 -39.153 99.500 -42.026
202109 133.522 100.100 142.459
202112 7.430 100.100 7.927
202203 19.411 101.100 20.505
202206 95.954 101.800 100.667
202209 81.481 103.100 84.405
202212 0.658 104.100 0.675
202303 114.677 104.400 117.313
202306 33.239 105.200 33.745
202309 55.886 106.200 56.202
202312 -10.074 106.800 -10.074

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


Marubeni  (TSE:8002) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2706.00/127.34
=21.25

* 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 Marubeni was 22.05. The lowest was 6.01. And the median was 11.30.


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.


Marubeni Cyclically Adjusted FCF per Share Related Terms

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


Marubeni (TSE:8002) Business Description

Industry
Traded in Other Exchanges
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

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