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Roland (TSE:7944) Cyclically Adjusted FCF per Share : 円206.07 (As of Mar. 2024)


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What is Roland 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.

Roland's adjusted free cash flow per share for the three months ended in Mar. 2024 was 円93.059. 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206.07 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-26), Roland's current stock price is 円4045.00. Roland's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円206.07. Roland's Cyclically Adjusted Price-to-FCF of today is 19.63.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Roland was 28.07. The lowest was 19.63. And the median was 23.07.


Roland Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Roland'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.

Roland Cyclically Adjusted FCF per Share Chart

Roland Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
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Roland Quarterly Data
Mar14 Jun14 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 - 188.63 169.56 198.11 206.07

Competitive Comparison of Roland's Cyclically Adjusted FCF per Share

For the Leisure subindustry, Roland'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.


Roland's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Roland's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Roland 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, Roland'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)
=93.059/107.2000*107.2000
=93.059

Current CPI (Mar. 2024) = 107.2000.

Roland Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200903 0.000 95.900 0.000
200906 8.424 95.600 9.446
200909 57.149 95.600 64.083
200912 108.359 94.800 122.533
201003 122.476 95.100 138.059
201006 6.176 94.900 6.976
201009 -17.690 94.700 -20.025
201012 24.285 94.500 27.549
201103 39.390 94.600 44.636
201106 0.000 94.600 0.000
201109 0.000 94.700 0.000
201112 0.000 94.300 0.000
201203 0.000 95.100 0.000
201206 0.000 94.400 0.000
201209 0.000 94.400 0.000
201212 0.000 94.100 0.000
201303 0.000 94.200 0.000
201306 0.000 94.600 0.000
201309 0.000 95.400 0.000
201312 0.000 95.600 0.000
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201912 0.000 100.500 0.000
202003 0.000 100.300 0.000
202006 105.802 99.900 113.533
202009 29.513 99.900 31.670
202012 47.970 99.300 51.786
202103 78.405 99.900 84.134
202106 45.114 99.500 48.605
202109 -11.735 100.100 -12.567
202112 17.473 100.100 18.712
202203 -50.504 101.100 -53.551
202206 -3.455 101.800 -3.638
202209 -125.430 103.100 -130.418
202212 158.767 104.100 163.495
202303 171.061 104.400 175.649
202306 126.047 105.200 128.443
202309 -67.105 106.200 -67.737
202312 201.248 106.800 202.002
202403 93.059 107.200 93.059

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


Roland  (TSE:7944) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4045.00/206.07
=19.63

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Roland was 28.07. The lowest was 19.63. And the median was 23.07.


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.


Roland Cyclically Adjusted FCF per Share Related Terms

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


Roland (TSE:7944) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2036-1 Nakagawa Hosoe-cho, Hamamatsu-shi, Shizuoka, JPN, 431-1304
Roland Corporation is a leisure based goods and services provider in Japan. Its business comprises of the manufacture and sale of electronic musical instruments such as pianos, organs, keyboards, guitar, amplifiers and accessories essential for music creation. The musical instrument production falls under the electronic musical instruments segment, which secures the maximum revenue share for the company. Its other segment is the computer peripherals business. The Computer Peripheral Equipment segment is involved in the development, manufacture, and sale of printers, plotters, and other work machines. Roland Corporation distributes its products predominantly in North America and in Europe and Japan.

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