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Anritsu (Anritsu) Cyclically Adjusted Price-to-FCF : 18.45 (As of May. 23, 2024)


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What is Anritsu Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Anritsu's current share price is $8.12. Anritsu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.44. Anritsu's Cyclically Adjusted Price-to-FCF for today is 18.45.

The historical rank and industry rank for Anritsu's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AITUF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.53   Med: 28.58   Max: 44.89
Current: 17.88

During the past years, Anritsu's highest Cyclically Adjusted Price-to-FCF was 44.89. The lowest was 15.53. And the median was 28.58.

AITUF's Cyclically Adjusted Price-to-FCF is ranked better than
71.41% of 920 companies
in the Hardware industry
Industry Median: 30.97 vs AITUF: 17.88

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.

Anritsu's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.216. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anritsu Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anritsu's Cyclically Adjusted Price-to-FCF 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.

Anritsu Cyclically Adjusted Price-to-FCF Chart

Anritsu Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.70 37.67 24.13 19.58 18.44

Anritsu Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 19.58 19.92 16.65 21.10 18.44

Competitive Comparison of Anritsu's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Anritsu'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.


Anritsu's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anritsu's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Anritsu Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Anritsu's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.12/0.44
=18.45

* 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.

Anritsu's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anritsu'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)
=0.216/107.2000*107.2000
=0.216

Current CPI (Mar. 2024) = 107.2000.

Anritsu Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.199 98.000 0.218
201409 0.174 98.500 0.189
201412 -0.237 97.900 -0.260
201503 0.056 97.900 0.061
201506 0.103 98.400 0.112
201509 -0.040 98.500 -0.044
201512 -0.043 98.100 -0.047
201603 0.139 97.900 0.152
201606 0.283 98.100 0.309
201609 0.096 98.000 0.105
201612 -0.043 98.400 -0.047
201703 0.158 98.100 0.173
201706 0.297 98.500 0.323
201709 0.044 98.800 0.048
201712 -0.137 99.400 -0.148
201803 0.167 99.200 0.180
201806 0.306 99.200 0.331
201809 0.143 99.900 0.153
201812 0.052 99.700 0.056
201903 0.162 99.700 0.174
201906 0.283 99.800 0.304
201909 0.219 100.100 0.235
201912 -0.019 100.500 -0.020
202003 0.321 100.300 0.343
202006 0.285 99.900 0.306
202009 0.531 99.900 0.570
202012 0.037 99.300 0.040
202103 0.357 99.900 0.383
202106 0.467 99.500 0.503
202109 0.205 100.100 0.220
202112 0.175 100.100 0.187
202203 0.014 101.100 0.015
202206 -0.038 101.800 -0.040
202209 0.235 103.100 0.244
202212 -0.127 104.100 -0.131
202303 0.026 104.400 0.027
202306 0.080 105.200 0.082
202309 0.263 106.200 0.265
202312 0.100 106.800 0.100
202403 0.216 107.200 0.216

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


Anritsu  (OTCPK:AITUF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Anritsu Cyclically Adjusted Price-to-FCF Related Terms

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


Anritsu (Anritsu) Business Description

Industry
Traded in Other Exchanges
Address
5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

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