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Mitsui Chemicals (TSE:4183) Cyclically Adjusted FCF per Share : 円96.56 (As of Mar. 2024)


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What is Mitsui Chemicals 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.

Mitsui Chemicals's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-35.149. 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96.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsui Chemicals's average Cyclically Adjusted FCF Growth Rate was -10.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -27.40% 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 Mitsui Chemicals was -7.90% per year. The lowest was -27.40% per year. And the median was -17.65% per year.

As of today (2024-05-26), Mitsui Chemicals's current stock price is 円4623.00. Mitsui Chemicals's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円96.56. Mitsui Chemicals's Cyclically Adjusted Price-to-FCF of today is 47.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsui Chemicals was 74.48. The lowest was 10.03. And the median was 18.80.


Mitsui Chemicals Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitsui Chemicals'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.

Mitsui Chemicals Cyclically Adjusted FCF per Share Chart

Mitsui Chemicals 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 138.76 251.85 202.45 108.38 96.56

Mitsui Chemicals 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 108.38 56.78 124.40 108.64 96.56

Competitive Comparison of Mitsui Chemicals's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Mitsui Chemicals'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 Chemicals's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsui Chemicals's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Mitsui Chemicals 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, Mitsui Chemicals'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)
=-35.149/107.2000*107.2000
=-35.149

Current CPI (Mar. 2024) = 107.2000.

Mitsui Chemicals Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
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 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 -10.864 99.800 -11.670
201909 210.835 100.100 225.789
201912 -57.369 100.500 -61.194
202003 75.714 100.300 80.923
202006 150.967 99.900 161.999
202009 238.578 99.900 256.012
202012 35.968 99.300 38.830
202103 79.461 99.900 85.267
202106 24.053 99.500 25.914
202109 29.267 100.100 31.343
202112 -213.026 100.100 -228.136
202203 36.712 101.100 38.927
202206 -222.750 101.800 -234.566
202209 74.096 103.100 77.043
202212 -141.913 104.100 -146.139
202303 102.084 104.400 104.822
202306 -195.554 105.200 -199.272
202309 316.222 106.200 319.200
202312 -46.955 106.800 -47.131
202403 -35.149 107.200 -35.149

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


Mitsui Chemicals  (TSE:4183) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4623.00/96.56
=47.88

* 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 Mitsui Chemicals was 74.48. The lowest was 10.03. And the median was 18.80.


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.


Mitsui Chemicals Cyclically Adjusted FCF per Share Related Terms

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


Mitsui Chemicals (TSE:4183) Business Description

Industry
Traded in Other Exchanges
Address
1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7122
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into five segments based on the product type. The basic materials segment, which generates more revenue than any other segment, sells petrochemicals, industrial chemicals, phenols, and polyesters. The mobility segment sells elastomers, performance compounds, and performance polymers to the automotive industry. The other three segments are healthcare, food and packaging, and others. The majority of revenue comes from Asia.

Mitsui Chemicals (TSE:4183) Headlines

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