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Kyocera (FRA:KYR) Cyclically Adjusted Price-to-FCF : 30.16 (As of Jun. 01, 2024)


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What is Kyocera Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Kyocera's current share price is €10.255. Kyocera's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.34. Kyocera's Cyclically Adjusted Price-to-FCF for today is 30.16.

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

FRA:KYR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.37   Med: 31.06   Max: 146.1
Current: 30.86

During the past years, Kyocera's highest Cyclically Adjusted Price-to-FCF was 146.10. The lowest was 23.37. And the median was 31.06.

FRA:KYR's Cyclically Adjusted Price-to-FCF is ranked worse than
67.76% of 214 companies
in the Conglomerates industry
Industry Median: 18.845 vs FRA:KYR: 30.86

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.

Kyocera's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.161. 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 €0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyocera Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kyocera'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.

Kyocera Cyclically Adjusted Price-to-FCF Chart

Kyocera 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 30.18 31.58 29.85 30.97 35.04

Kyocera 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 30.97 33.38 34.28 35.52 35.04

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

For the Conglomerates subindustry, Kyocera'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.


Kyocera's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Kyocera 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.255/0.34
=30.16

* 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.

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

For example, Kyocera'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)
=0.161/107.2000*107.2000
=0.161

Current CPI (Mar. 2024) = 107.2000.

Kyocera Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.008 98.000 0.009
201409 0.136 98.500 0.148
201412 -0.036 97.900 -0.039
201503 0.241 97.900 0.264
201506 0.082 98.400 0.089
201509 0.181 98.500 0.197
201512 0.041 98.100 0.045
201603 0.307 97.900 0.336
201606 0.101 98.100 0.110
201609 0.099 98.000 0.108
201612 0.022 98.400 0.024
201703 0.301 98.100 0.329
201706 0.208 98.500 0.226
201709 0.070 98.800 0.076
201712 -0.005 99.400 -0.005
201803 0.086 99.200 0.093
201806 0.223 99.200 0.241
201809 0.140 99.900 0.150
201812 0.000 99.700 0.000
201903 0.182 99.700 0.196
201906 0.136 99.800 0.146
201909 0.155 100.100 0.166
201912 0.042 100.500 0.045
202003 0.207 100.300 0.221
202006 0.066 99.900 0.071
202009 0.090 99.900 0.097
202012 0.140 99.300 0.151
202103 0.187 99.900 0.201
202106 0.175 99.500 0.189
202109 0.062 100.100 0.066
202112 0.019 100.100 0.020
202203 0.034 101.100 0.036
202206 -0.075 101.800 -0.079
202209 -0.081 103.100 -0.084
202212 -0.043 104.100 -0.044
202303 0.161 104.400 0.165
202306 0.160 105.200 0.163
202309 -0.022 106.200 -0.022
202312 0.192 106.800 0.193
202403 0.161 107.200 0.161

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.


Kyocera  (FRA:KYR) 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.


Kyocera Cyclically Adjusted Price-to-FCF Related Terms

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


Kyocera (FRA:KYR) Business Description

Industry
Traded in Other Exchanges
Address
6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, JPN, 612-8501
Kyocera is a Japanese conglomerate whose original business consisted of manufacturing fine ceramic components; the firm has since expanded into manufacturing handsets, printers, solar cells, and industrial tools. As a result of reorganization, the firm now consists of three major business segments, which are the core components business (29% of 2022 revenue), electronic components business (19% of revenue), and solutions business (53% of revenue).

Kyocera (FRA:KYR) Headlines

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