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Sony Group (BUE:SONY) Cyclically Adjusted FCF per Share : ARS158.42 (As of Mar. 2024)


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What is Sony 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.

Sony Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS2,443.427. 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 ARS158.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sony Group's average Cyclically Adjusted FCF Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 Sony Group was 47.00% per year. The lowest was -14.00% per year. And the median was 5.00% per year.

As of today (2024-06-01), Sony Group's current stock price is ARS3913.50. Sony Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS158.42. Sony Group's Cyclically Adjusted Price-to-FCF of today is 24.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sony Group was 30.55. The lowest was 7.90. And the median was 15.23.


Sony Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sony 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.

Sony Group Cyclically Adjusted FCF per Share Chart

Sony Group 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 169.70 155.60 157.72 160.67 158.42

Sony Group 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 160.67 151.81 159.44 157.30 158.42

Competitive Comparison of Sony Group's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Sony 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.


Sony Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Sony 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, Sony Group'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)
=2443.427/107.2000*107.2000
=2,443.427

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.010 98.000 2.199
201409 -0.925 98.500 -1.007
201412 29.913 97.900 32.755
201503 44.084 97.900 48.272
201506 -28.999 98.400 -31.592
201509 11.555 98.500 12.576
201512 33.670 98.100 36.793
201603 61.593 97.900 67.444
201606 -18.518 98.100 -20.236
201609 -7.736 98.000 -8.462
201612 37.468 98.400 40.819
201703 89.222 98.100 97.498
201706 -1.545 98.500 -1.681
201709 34.751 98.800 37.706
201712 87.497 99.400 94.363
201803 152.978 99.200 165.315
201806 8.253 99.200 8.919
201809 117.726 99.900 126.329
201812 215.259 99.700 231.452
201903 149.964 99.700 161.245
201906 -51.249 99.800 -55.049
201909 254.831 100.100 272.906
201912 251.945 100.500 268.741
202003 359.590 100.300 384.327
202006 35.360 99.900 37.944
202009 337.145 99.900 361.781
202012 332.428 99.300 358.875
202103 83.167 99.900 89.244
202106 144.585 99.500 155.774
202109 -26.335 100.100 -28.203
202112 543.633 100.100 582.192
202203 467.582 101.100 495.794
202206 -774.545 101.800 -815.631
202209 -117.563 103.100 -122.238
202212 192.635 104.100 198.371
202303 519.154 104.400 533.078
202306 -392.576 105.200 -400.039
202309 -183.177 106.200 -184.902
202312 2,733.972 106.800 2,744.212
202403 2,443.427 107.200 2,443.427

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


Sony Group  (BUE:SONY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3913.50/158.42
=24.70

* 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 Sony Group was 30.55. The lowest was 7.90. And the median was 15.23.


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.


Sony Group Cyclically Adjusted FCF per Share Related Terms

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


Sony Group (BUE:SONY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (BUE:SONY) » Definitions » Cyclically Adjusted FCF per Share
Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Sony Group (BUE:SONY) Headlines

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