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NTT Data Group (TSE:9613) Cyclically Adjusted FCF per Share : 円48.06 (As of Dec. 2023)


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What is NTT Data Group 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.

NTT Data Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円-5.771. 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48.06 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NTT Data Group's average Cyclically Adjusted FCF Growth Rate was -26.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -13.30% 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 NTT Data Group was -7.00% per year. The lowest was -19.60% per year. And the median was -12.00% per year.

As of today (2024-04-27), NTT Data Group's current stock price is 円2432.50. NTT Data Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円48.06. NTT Data Group's Cyclically Adjusted Price-to-FCF of today is 50.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of NTT Data Group was 52.13. The lowest was 6.49. And the median was 17.97.


NTT Data Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for NTT Data Group'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.

NTT Data Group Cyclically Adjusted FCF per Share Chart

NTT Data Group 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 108.59 76.76 67.17 73.95 61.82

NTT Data Group 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 65.60 61.82 69.36 50.52 48.06

Competitive Comparison of NTT Data Group's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, NTT Data 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.


NTT Data Group's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



NTT Data Group 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, NTT Data Group'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)
=-5.771/106.8000*106.8000
=-5.771

Current CPI (Dec. 2023) = 106.8000.

NTT Data Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 95.700 0.000
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 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 35.037 98.500 37.989
201709 -17.160 98.800 -18.549
201712 -2.487 99.400 -2.672
201803 9.958 99.200 10.721
201806 30.863 99.200 33.228
201809 -2.285 99.900 -2.443
201812 -2.113 99.700 -2.263
201903 17.758 99.700 19.023
201906 87.195 99.800 93.311
201909 -28.893 100.100 -30.827
201912 9.629 100.500 10.233
202003 -4.662 100.300 -4.964
202006 89.655 99.900 95.847
202009 0.496 99.900 0.530
202012 16.752 99.300 18.017
202103 28.127 99.900 30.070
202106 81.679 99.500 87.672
202109 -30.845 100.100 -32.910
202112 25.775 100.100 27.500
202203 19.942 101.100 21.066
202206 37.047 101.800 38.867
202209 -16.072 103.100 -16.649
202212 -25.158 104.100 -25.811
202303 -7.374 104.400 -7.544
202306 59.737 105.200 60.646
202309 -109.265 106.200 -109.882
202312 -5.771 106.800 -5.771

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


NTT Data Group  (TSE:9613) 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.

NTT Data Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2432.50/48.06
=50.61

* 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 NTT Data Group was 52.13. The lowest was 6.49. And the median was 17.97.


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.


NTT Data Group Cyclically Adjusted FCF per Share Related Terms

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


NTT Data Group (TSE:9613) Business Description

Industry
Traded in Other Exchanges
Address
Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, JPN, 135-6033
NTT Data Group Corp Formerly NTT Data Corp provides IT services to a wide range of business fields. The company's operations are divided into three segments: global, public and social infrastructure; enterprise and solutions; and financial. Each segment contributes approximately an even proportion of the company's revenue. The services the company provides include system integration by constructing systems tailored to individual customer needs, multiple Internet and computer network-based information and processing services, consulting that evaluates customers' management issues, system support for large-scale systems, and new IT-based business models. The company is based in Japan but has a global presence.

NTT Data Group (TSE:9613) Headlines

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