GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ube Corp (TSE:4208) » Definitions » Cyclically Adjusted FCF per Share

Ube (TSE:4208) Cyclically Adjusted FCF per Share : 円183.31 (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Ube 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.

Ube's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円92.936. 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183.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ube's average Cyclically Adjusted FCF Growth Rate was 16.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% 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 Ube was 2.50% per year. The lowest was -4.90% per year. And the median was -1.10% per year.

As of today (2024-06-10), Ube's current stock price is 円2791.50. Ube's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円183.31. Ube's Cyclically Adjusted Price-to-FCF of today is 15.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ube was 19.28. The lowest was 7.87. And the median was 12.79.


Ube Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ube'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.

Ube Cyclically Adjusted FCF per Share Chart

Ube 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 182.44 170.13 170.38 157.40 183.31

Ube 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 157.40 152.98 172.40 184.72 183.31

Competitive Comparison of Ube's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Ube'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.


Ube's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Ube 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, Ube'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)
=92.936/107.2000*107.2000
=92.936

Current CPI (Mar. 2024) = 107.2000.

Ube Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.598 98.000 -7.217
201409 -2.997 98.500 -3.262
201412 -45.578 97.900 -49.908
201503 245.281 97.900 268.581
201506 107.648 98.400 117.275
201509 -4.069 98.500 -4.428
201512 6.656 98.100 7.273
201603 211.556 97.900 231.653
201606 94.926 98.100 103.732
201609 -28.425 98.000 -31.093
201612 -44.311 98.400 -48.274
201703 87.000 98.100 95.070
201706 114.134 98.500 124.215
201709 31.786 98.800 34.488
201712 14.749 99.400 15.906
201803 215.090 99.200 232.436
201806 36.708 99.200 39.668
201809 -42.561 99.900 -45.671
201812 -67.704 99.700 -72.797
201903 150.537 99.700 161.861
201906 54.330 99.800 58.358
201909 107.563 100.100 115.192
201912 -11.272 100.500 -12.023
202003 104.218 100.300 111.388
202006 101.803 99.900 109.242
202009 -28.813 99.900 -30.918
202012 4.739 99.300 5.116
202103 197.046 99.900 211.445
202106 48.708 99.500 52.477
202109 -113.557 100.100 -121.611
202112 -19.926 100.100 -21.339
202203 47.251 101.100 50.102
202206 108.055 101.800 113.787
202209 -111.889 103.100 -116.339
202212 -121.386 104.100 -125.001
202303 35.439 104.400 36.389
202306 -10.960 105.200 -11.168
202309 105.017 106.200 106.006
202312 39.424 106.800 39.572
202403 92.936 107.200 92.936

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


Ube  (TSE:4208) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2791.50/183.31
=15.23

* 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 Ube was 19.28. The lowest was 7.87. And the median was 12.79.


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.


Ube Cyclically Adjusted FCF per Share Related Terms

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


Ube (TSE:4208) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ube Corp (TSE:4208) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, JPN, 105-8449
Ube Corp manufactures and sells chemicals, construction materials, and machinery products. The firm organizes itself into five segments based on product type. The chemicals segment, which generates more revenue than any other segment, sells a variety of chemicals including resins, rubber, silicon, and plastics. The cement and construction segment sells cement, plaster, and foundation materials to the construction and building industries. The pharmaceutical segment sells anti-allergic, anti-hypertensive, and anti-platelet drugs. The machinery and metal products segment sells die-casting and electric injection machines. The energy and environment segment generates electricity from coal and biomass. The majority of revenue comes from Japan.

Ube (TSE:4208) Headlines

No Headlines