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Nissin Foods Holdings Co (TSE:2897) Cyclically Adjusted FCF per Share : 円53.60 (As of Dec. 2023)


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What is Nissin Foods Holdings 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.

Nissin Foods Holdings Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円44.052. 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53.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nissin Foods Holdings Co's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Nissin Foods Holdings Co was 41.70% per year. The lowest was 7.50% per year. And the median was 25.70% per year.

As of today (2024-05-24), Nissin Foods Holdings Co's current stock price is 円4022.00. Nissin Foods Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円53.60. Nissin Foods Holdings Co's Cyclically Adjusted Price-to-FCF of today is 75.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nissin Foods Holdings Co was 275.80. The lowest was 73.35. And the median was 104.55.


Nissin Foods Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nissin Foods Holdings 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.

Nissin Foods Holdings Co Cyclically Adjusted FCF per Share Chart

Nissin Foods Holdings 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 15.82 29.42 34.70 45.01 -

Nissin Foods Holdings 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 45.01 44.50 52.61 53.60 -

Competitive Comparison of Nissin Foods Holdings Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Nissin Foods Holdings 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.


Nissin Foods Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nissin Foods Holdings 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, Nissin Foods Holdings Co'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)
=44.052/106.8000*106.8000
=44.052

Current CPI (Dec. 2023) = 106.8000.

Nissin Foods Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 9.923 95.700 11.074
201406 3.246 98.000 3.537
201409 -8.816 98.500 -9.559
201412 32.058 97.900 34.972
201503 4.813 97.900 5.251
201506 -3.406 98.400 -3.697
201509 -6.223 98.500 -6.747
201512 18.161 98.100 19.772
201603 2.685 97.900 2.929
201606 -9.129 98.100 -9.939
201609 -2.312 98.000 -2.520
201612 5.679 98.400 6.164
201703 13.873 98.100 15.103
201706 -29.999 98.500 -32.527
201709 1.828 98.800 1.976
201712 -17.851 99.400 -19.180
201803 35.502 99.200 38.222
201806 -24.225 99.200 -26.081
201809 -9.014 99.900 -9.637
201812 -5.241 99.700 -5.614
201903 -1.102 99.700 -1.180
201906 5.339 99.800 5.713
201909 -12.752 100.100 -13.606
201912 41.533 100.500 44.137
202003 25.890 100.300 27.568
202006 35.608 99.900 38.067
202009 17.185 99.900 18.372
202012 32.888 99.300 35.372
202103 41.016 99.900 43.849
202106 -13.008 99.500 -13.962
202109 25.744 100.100 27.467
202112 59.003 100.100 62.952
202203 20.091 101.100 21.224
202206 11.915 101.800 12.500
202209 21.149 103.100 21.908
202212 57.642 104.100 59.137
202303 37.018 104.400 37.869
202306 -22.148 105.200 -22.485
202309 73.177 106.200 73.590
202312 44.052 106.800 44.052

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


Nissin Foods Holdings Co  (TSE:2897) 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.

Nissin Foods Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4022.00/53.6
=75.04

* 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 Nissin Foods Holdings Co was 275.80. The lowest was 73.35. And the median was 104.55.


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.


Nissin Foods Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


Nissin Foods Holdings Co (TSE:2897) Business Description

Traded in Other Exchanges
Address
1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524
Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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