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Kubota (TSE:6326) Cyclically Adjusted FCF per Share : 円11.25 (As of Mar. 2024)


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What is Kubota 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.

Kubota's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円-27.457. 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11.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kubota's average Cyclically Adjusted FCF Growth Rate was -53.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -40.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -24.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.00% 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 Kubota was 37.80% per year. The lowest was -40.60% per year. And the median was 5.15% per year.

As of today (2024-05-22), Kubota's current stock price is 円2356.00. Kubota's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円11.25. Kubota's Cyclically Adjusted Price-to-FCF of today is 209.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kubota was 225.91. The lowest was 20.16. And the median was 40.32.


Kubota Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kubota'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.

Kubota Cyclically Adjusted FCF per Share Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.72 57.04 50.58 36.42 11.96

Kubota 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 24.25 16.51 13.06 11.96 11.25

Competitive Comparison of Kubota's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kubota 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, Kubota'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)
=-27.457/107.2000*107.2000
=-27.457

Current CPI (Mar. 2024) = 107.2000.

Kubota Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 20.768 98.000 22.718
201409 41.804 98.500 45.496
201412 -33.229 97.900 -36.386
201503 2.240 97.900 2.453
201506 75.809 98.400 82.589
201509 102.950 98.500 112.043
201512 21.484 98.100 23.477
201603 -12.493 97.900 -13.680
201606 67.781 98.100 74.069
201609 17.854 98.000 19.530
201612 30.529 98.400 33.259
201703 -12.616 98.100 -13.786
201706 73.300 98.500 79.774
201709 -19.553 98.800 -21.215
201712 14.040 99.400 15.142
201803 -22.503 99.200 -24.318
201806 50.610 99.200 54.691
201809 -7.072 99.900 -7.589
201812 -0.127 99.700 -0.137
201903 -18.824 99.700 -20.240
201906 18.169 99.800 19.516
201909 -32.077 100.100 -34.352
201912 22.609 100.500 24.116
202003 -35.594 100.300 -38.043
202006 44.762 99.900 48.033
202009 -4.595 99.900 -4.931
202012 43.570 99.300 47.036
202103 -37.107 99.900 -39.819
202106 31.991 99.500 34.467
202109 -26.084 100.100 -27.934
202112 3.716 100.100 3.980
202203 -98.490 101.100 -104.433
202206 12.955 101.800 13.642
202209 -81.448 103.100 -84.687
202212 18.634 104.100 19.189
202303 -124.754 104.400 -128.100
202306 -33.683 105.200 -34.323
202309 2.884 106.200 2.911
202312 -4.178 106.800 -4.194
202403 -27.457 107.200 -27.457

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


Kubota  (TSE:6326) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2356.00/11.25
=209.42

* 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 Kubota was 225.91. The lowest was 20.16. And the median was 40.32.


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.


Kubota Cyclically Adjusted FCF per Share Related Terms

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


Kubota (TSE:6326) Business Description

Traded in Other Exchanges
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

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