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Daiken (TSE:7905) Cyclically Adjusted FCF per Share : 円262.76 (As of Sep. 2023)


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What is Daiken 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.

Daiken's adjusted free cash flow per share for the three months ended in Sep. 2023 was 円130.447. 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262.76 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Daiken's average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% 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 Daiken was 19.40% per year. The lowest was 10.00% per year. And the median was 15.10% per year.

As of today (2024-06-08), Daiken's current stock price is 円2994.00. Daiken's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was 円262.76. Daiken's Cyclically Adjusted Price-to-FCF of today is 11.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Daiken was 42155767.73. The lowest was 39718411.04. And the median was 39788056.28.


Daiken Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Daiken'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.

Daiken Cyclically Adjusted FCF per Share Chart

Daiken Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.33 180.86 211.34 244.29 244.84

Daiken Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 255.65 260.73 244.84 244.45 262.76

Competitive Comparison of Daiken's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Daiken'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.


Daiken's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daiken's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Daiken 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, Daiken's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=130.447/106.2000*106.2000
=130.447

Current CPI (Sep. 2023) = 106.2000.

Daiken Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 187.909 95.600 208.744
201403 64.987 95.700 72.117
201406 40.802 98.000 44.216
201409 -21.198 98.500 -22.855
201412 165.640 97.900 179.683
201503 40.683 97.900 44.132
201506 52.873 98.400 57.064
201509 -90.192 98.500 -97.243
201512 194.169 98.100 210.201
201603 -133.684 97.900 -145.018
201606 3.070 98.100 3.323
201609 118.780 98.000 128.719
201612 143.880 98.400 155.285
201703 11.119 98.100 12.037
201706 25.972 98.500 28.002
201709 106.003 98.800 113.942
201712 91.565 99.400 97.829
201803 -4.398 99.200 -4.708
201806 111.936 99.200 119.835
201809 -89.700 99.900 -95.357
201812 -7.229 99.700 -7.700
201903 106.547 99.700 113.493
201906 119.114 99.800 126.753
201909 55.579 100.100 58.966
201912 147.686 100.500 156.062
202003 111.110 100.300 117.646
202006 -141.803 99.900 -150.746
202009 211.579 99.900 224.922
202012 138.619 99.300 148.251
202103 138.223 99.900 146.940
202106 42.695 99.500 45.570
202109 136.572 100.100 144.895
202112 279.864 100.100 296.919
202203 79.555 101.100 83.568
202206 -86.576 101.800 -90.318
202209 -5.488 103.100 -5.653
202212 88.458 104.100 90.242
202303 -110.924 104.400 -112.836
202306 0.230 105.200 0.232
202309 130.447 106.200 130.447

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


Daiken  (TSE:7905) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2994.00/262.76
=11.39

* 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 Daiken was 42155767.73. The lowest was 39718411.04. And the median was 39788056.28.


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.


Daiken Cyclically Adjusted FCF per Share Related Terms

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


Daiken (TSE:7905) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22F Dojima Avanza, 6-20 Dojima 1-Chome, Kita-ku, Osaka, JPN, 5308210
Daiken Corp is in the business of providing building materials, industrial materials and also engaged in the engineering business. Its products include Ceiling materials, Interior door, Tatami mat, Flooring, Wall tile, Acoustic products, and Cabinet. The firm's engineering business comprises contracts for construction work to create space that maximizes the functions of industrial materials and building materials. The company has production facilities in Malaysia, Indonesia, New Zealand, China, and Japan.

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