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Mitsui High-tec (TSE:6966) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Mitsui High-tec Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsui High-tec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Cyclically Adjusted Price-to-FCF Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
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Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Mitsui High-tec's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mitsui High-tec 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.

Mitsui High-tec's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Mitsui High-tec's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0/106.9000*106.9000
=0.000

Current CPI (Jan. 2024) = 106.9000.

Mitsui High-tec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.000 97.700 0.000
201407 0.000 98.100 0.000
201410 0.000 98.200 0.000
201501 0.000 97.800 0.000
201504 0.000 98.400 0.000
201507 0.000 98.300 0.000
201510 0.000 98.500 0.000
201601 0.000 97.700 0.000
201604 0.000 98.100 0.000
201607 0.000 97.900 0.000
201610 0.000 98.600 0.000
201701 0.000 98.200 0.000
201704 0.000 98.500 0.000
201707 0.000 98.300 0.000
201710 0.000 98.800 0.000
201801 0.000 99.500 0.000
201804 0.000 99.100 0.000
201807 0.000 99.200 0.000
201810 0.000 100.200 0.000
201901 0.000 99.700 0.000
201904 0.000 100.000 0.000
201907 0.000 99.800 0.000
201910 0.000 100.400 0.000
202001 0.000 100.500 0.000
202004 0.000 100.200 0.000
202007 0.000 100.000 0.000
202010 0.000 99.800 0.000
202101 0.000 99.800 0.000
202104 0.000 99.100 0.000
202107 0.000 99.700 0.000
202110 0.000 99.900 0.000
202201 0.000 100.300 0.000
202204 0.000 101.500 0.000
202207 0.000 102.300 0.000
202210 0.000 103.700 0.000
202301 0.000 104.700 0.000
202304 0.000 105.100 0.000
202307 0.000 105.700 0.000
202310 0.000 107.100 0.000
202401 0.000 106.900 0.000

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.


Mitsui High-tec  (TSE:6966) 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.


Mitsui High-tec Cyclically Adjusted Price-to-FCF Related Terms

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


Mitsui High-tec (TSE:6966) Business Description

Industry
Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

Mitsui High-tec (TSE:6966) Headlines

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